Retail news
Your search returned 169 results
Best Buy expansion plans wavering
- Posted:
- 13 June 2011 09:41
Best Buy in the UK was today reported to be close to shelving its expansion plans after a sharp downturn in consumer demand for electronics.The chain, which operates 10 out-of-town stores, has one more outlet due to open this year but is not expected to open any more beyond that, ...read more
Kesa moves on Comet failings
- Posted:
- 11 May 2011 10:10
Kesa Electricals has said that it will be making moves to restructure its UK business following poor trading at its Comet chain. In the full year ended April 30th, Comet's revenue dropped 6.8% in local currency terms, down 7.7% on a like-for-like basis. This compares with an increase of 4.7% ...read more
Carphone boosted by smartphones
- Posted:
- 05 May 2011 09:52
Carphone Warehouse has increased its guidance for full-year earnings per share for the third consecutive quarter as it continues to capitalise on the rapid development and proliferation of smartphones and tablets. In a statement, CEO Roger Taylor said: "The upgrades in earnings per share throughout the year have been greatly ...read more
Aurora Fashions to spin off Karen Millen chain
- Posted:
- 03 March 2011 10:22
Aurora Fashions is planning to split off its Karen Millen clothing brand in a move that could lead to a sale of the business. Coast, Oasis and Warehouse will continue as part of the group. Karen Millen currently operates in 40 countries around the world, via joint venture, franchise and ...read more
Ollie & Nic rescued from administration
- Posted:
- 22 February 2011 09:23
Vintage accessories brand Ollie & Nic has been rescued from administration by Principles founder Peter Davies. Mr Davies, Richard Sims and Chris Inman, who previously held senior roles in Arcadia and were part of the Rubicon team that undertook a management buyout of Warehouse and Principles from Arcadia in 2001, ...read more
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