020 7432 8855 to advertise
Official figures released today revealed growth in retail sales are at a decade-long high rate thanks to late Easter promotions and warmer weather.The Office for National Statistics (ONS) also said retail sales jumped by 1.3% between March and April beating analysts forecasts for a 0.5% rise.Food sales during the late...
Retailer Carpetright has appointed former Gala Coral Group managing director Wilf Walsh as its new chief executive.When Walsh takes up his position on 21 July, executive chairman Lord Harris of Peckham will become non-executive chairman and will retire from the board at the company’s AGM on 4 September although he...
Burberry has reported that its full year profits rose by 8% to £461 million as the luxury fashion brand continues to build its presence in Japan and accelerates its beauty offering.In the year to 31 March 2014, revenues increased by 17% to £2.33 billion with comparable sales rising by 12%.Burberry...
The retailer Marks and Spencer has reported that its profits have fallen 3.9% making this year the third consecutive year the high street icon saw its profits falling.M&S clothing department has been struggling in recent years as sales had fallen, however Marks and Spencer had said it had also now...
Topps Tiles saw its profits climb as its first half pre-tax profits rose to £8 million from £4.7 million a year earlier.Since Topps Tiles improved consumer confidence and a stronger housing market, the tile retailer has benefited in the 26 weeks to 29 March 2014, as its like-for-like revenues grew...
The footwear retailer Shoe Zone has reported that it is preparing to float on Friday after announcing its priced shares are at 160p, giving the business a £80m value.The business which is expecting to launch on the AIM market of the London Stock Exchange on Friday will have 50,000,000 ordinary...
The greeting cards and stationery retailer Jolie Papier has opened its first UK store.The first Jolie Papier in the UK is 1,800 sq ft and sells a range of premium cards, stationery, wrapping paper and gifts.The US company which is owned by the Schurman Retail Group also acquired Clinton Cards...
Asda is currently in discussions with 4,100 store managers after announcing a major restructuring plan which will see department manager roles being scrapped in some stores and be replaced by more section leaders.Asda has been working with its stores to look at other ways of getting more staff on to...
BHS has announced that it will be unveiling a new fashion collection this week in a bid to replace its “dowdy” image and appeal more to style conscious shoppers in the age range of forties and fifties.Sir Philip Green, who owns the department store chain said: “We are going to...
The executive chairman of Alliance Boots has said that the company does not have to justify itself over the amount of corporation tax it pays after it was revealed that the pharmacy group reported a £2 million global corporation tax charge, down from £96 million, due to a tax credit.Stefano...
Why not sign up for daily news emails?
