Retail news
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Gala Coral confirms new high profile management team
- Posted:
- 10 November 2010 09:27
Gala Coral has confirmed its new management team, with a number of high profile appointments. Carl Leaver, former international director of Marks & Spencer, has been named chief executive, with Rob Templeman, chief executive of Debenhams, as non-executive chairman. The appointments will allow current interim chief executive and chairman Neil ...read more
Retail sales "weaker than expected"
- Posted:
- 22 October 2010 09:30
Retail sales volumes were weaker than expected in September, official figures showed today, as anxiety about the Government's deficit-busting cuts deepened. The 0.2% decline announced by the Office for National Statistics (ONS) represented a second unexpected monthly decline in sales, after volumes dropped 0.5% in August.The figures come amid warnings ...read more
Debenhams returns to growth with in-house ranges
- Posted:
- 21 October 2010 09:43
Department store group Debenhams today said that its strategy to focus on in-house product ranges was paying off after a return to like-for-like sales growth in its new financial year.The group, which has 167 stores across the UK, Ireland and Denmark, has stripped back concession space in recent months to ...read more
Sainsbury’s pledges 14,000 seasonal jobs
- Posted:
- 30 September 2010 09:45
Supermarket giant Sainsbury's is to create up to 14,100 seasonal jobs to meet the high demand from customers over the busy Christmas and New Year period, it was announced today.The jobs will be a mixture of full and part-time, covering areas including checkout, customer service and online shopping, from late ...read more
Debenhams forecasts higher profits
- Posted:
- 14 September 2010 09:41
Debenhams today said it was expecting annual profits to rise by around 20% after it put margins ahead of sales in a "year of change".The high street retailer is pencilling in underlying profits of about £150 million for the year to August 28th.It saw a recovery in like-for-like sales during ...read more
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