Retail news
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Go Outdoors seeks investors to fund expansion
- Posted:
- 21 March 2011 10:13
Go Outdoors, the outdoor clothing and equipment retailer, is looking to sell a minority share to a private equity firm to fund its expansion plans. The 27-store chain is in negotiations with a number of private equity groups, including 3i, to sell a stake of around 20%. John Lovering, former ...read more
Debenhams shrugs off tough December
- Posted:
- 15 March 2011 10:24
Debenhams has said that headline profit before tax for the first half is expected to be ahead of last year and in-line with market consensus, as higher margins and the benefits of a lower interest charge helped offset the negative impact of the harsh December weather and running costs associated ...read more
Customer satisfaction with retail improves
- Posted:
- 02 March 2011 10:15
Improvements in the retail sector have driven UK customer satisfaction to its highest level in two years, according to research group CFI.According to the UK National Customer Satisfaction Index, customer satisfaction in the UK overall is up 0.8% to 74.7 on the 100-point index scale. With the American Customer Satisfaction ...read more
Skillset welcomes Betty Jackson to its board
- Posted:
- 24 February 2011 09:51
Skillset has announced the appointment of celebrated fashion designer Betty Jackson CBE to its board.Since launching Betty Jackson Ltd in 1981, Ms Jackson has been at the forefront of the UK fashion industry and become one of the UK's most acclaimed designers. After 30 years of success, her brand is ...read more
Sainsbury’s Christmas sales beat expectations
- Posted:
- 12 January 2011 09:40
Sainsbury's set the bar for supermarket trading over Christmas today as it posted better-than-expected sales growth in the third quarter.The group, which has overtaken Asda to become the second-biggest supermarket in the UK, according to reports, delivered 3.6% like-for-like sales growth in the 14 weeks to January 8th after overcoming ...read more
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