Retail news
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M&S boosted by food sales record
- Posted:
- 11 January 2011 09:41
High street giant Marks & Spencer said today that it had overcome the severe weather over Christmas after recording its biggest ever day in food sales.The retailer said big-impact promotions helped food sales achieve a record of more than £50 million on December 23rd, while UK like-for-like sales in the ...read more
HMV sales hit by severe weather
- Posted:
- 05 January 2011 09:26
Music chain HMV delivered more dismal sales figures today after its peak trading season was "significantly undermined" by severe weather.The group reported a 13.6% slump in HMV's like-for-like sales in UK and Ireland in the five weeks to January 1st and said profits for the year to April were set ...read more
John Lewis weekly sales smash records
- Posted:
- 13 December 2010 09:52
Department store chain John Lewis reported record weekly sales today, raising hopes that retailers will be able to make up for trade lost during the snow.The group, which is seen as a bellwether of Britain's high street, said it rang up £121 million of sales in the week to Saturday ...read more
HMV festive trading hit by snow
- Posted:
- 09 December 2010 09:34
Music and games retailer HMV said its full-year outcome was hanging in the balance after the start of the all-important Christmas trading period was impacted by snow.HMV said so-called customer footfall in shops had been "significantly" affected by the arctic conditions in the past two weeks, coming at the start ...read more
Blackwell hands ownership to employees
- Posted:
- 10 September 2010 09:42
Privately-owned book chain Blackwell plans to follow in the footsteps of department store John Lewis and hand ownership of the company to its staff, it was revealed today.The proposal comes as the 130-year-old bookseller announced the closure of its Oxford head office and the relocation of staff to its stores. ...read more
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