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Carphone Warehouse has said that it is in talks with Currys and PC World owner Dixons Retail over a possible merger of the businesses.Both companies said that the talks were at a very early stage and that there was no certainty that a merger would actually go ahead.Dixons Retail operates...
UK retail sales fell in January, as consumers cut back following the Christmas spending surge, although sales were up on last year when they were hit by heavy snowfall.Sales volumes fell by 1.5% last month, following a strong increase in December when sales jumped by 2.5%.However, sales in January remained...
Primark owner Associated British Foods has said that a strong performance from the fashion chain will offset a much lower profit in the group’s sugar division.Sales at Primark in the first half have been “very strong”, driven by 4% like-for-like sales growth, an increase in retail selling space and “superior...
The chief executive of Hobbs, Nicky Dulieu, will be standing down from her role with the clothing brand this spring after five years in the role.Ms Dulieu joined Hobbs as finance director in 2006, having worked at Marks & Spencer for over 20 years. The business has not commented on...
Simon Calver, CEO of Mothercare has resigned with immediate effect. The move follows a warning in January that profits at the firm were likely to be below expectations and comes amidst a restructuring programme that has seen approximately 80 stores close.Mothercare said that it is confident that full-year financial results...
Asda has said that it has seen its first fall in three years as it posted a 0.1% fall in comparable sales in the fourth quarter (Q4) in 2013.The Walmart owned chain is the third of the UK’s “big four” supermarkets which have all seen sales fall over the Christmas...
Jack Wills has announced it has appointed Richard Nicoll as its new creative director to work with the retailer on a part time basis.Richard Nicoll, who was trained as a designer at The Central St Martins, will be launching his first Jack Wills collection in the spring of 2015.Having launched...
Good online sales saw John Lewis’ year-on-year sales increase by 6.4% last week.Due to bad weather in some parts of the UK, some shops saw a drop in sales whilst others performed better. The Tamworth and High Wycombe stores lead the way with increases of 30.4% and 18.1%.Online sales were...
Pets at Home has confirmed its intention to float on the London Stock Exchange.With shares to be offered to retail investors and institutions, the company plans to raise £275 million from the offering which it will use to reduce its indebtedness.Pets at Home staff will also be able to apply...
Warehouse are bringing a new feel to their first flagship store opening on Oxford Street on 1st March 2014.Liz Evans, CEO Oasis and Warehouse said: “264 Oxford Street gives us a great opportunity to showcase the Warehouse brand to our international franchise partners.”Not only are Warehouse offering multiple delivery and...
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