Retail Russia
Shop Direct Group unveils Woolworths.co.uk
Shop Direct Group has today launched the much-anticipated Woolworths as an online retailer.
Clinton Cards buys 196 Birthdays stores
Cards retailer Clinton Cards has confirmed the acquisition of 196 Birthdays stores from administrator Zolfo Cooper.
M&S chiefs waive share entitlements
Marks & Spencer executive chairman Sir Stuart Rose and executive director Steve Sharp are to waive share entitlements in the interests of “good shareholder relations”.
John Lewis celebrates ‘excellent’ sales week
John Lewis department stores put in their best sales performance of the year so far last week when turnover rose 2.2 per cent.
Instore pins hopes on Poundstretcher as losses mount
Instore will target the value market by converting all of its core store portfolio to its Poundstretcher fascia as it seeks to curb losses that more than doubled in the year to February 28.
Marks & Spencer launches pick ’n’ mix sweets
Marks & Spencer will take advantage of the demise of Woolworths by launching a pick ‘n’ mix sweets range in 100 shops from September.
Winding up of Woolworths made advisers £14m
Woolworths’ administrator Deloitte, restructuring specialist Hilco and other advisers were paid at least £14m to wind up the variety store group.
Kmart cuts prices for the unemployed
US retailer Kmart has launched a money-off programme for the jobless in its original home state of Michigan.
Hamleys picks ex-Baugur chief as chairman after board shake-up
Hamleys has appointed Gunnar Sigurdsson, director of failed Icelandic retail investor and former shareholder Baugur, as chairman.
Mary Portas series will take on non-fashion
“Queen of Shops” Mary Portas wants to apply her trouble-shooting skills to struggling non-fashion retailers in a third series of her BBC2 programme.
Instore losses more than double
Losses at mixed-goods retailer Instore have more than doubled from £2.2m to £5.8m. Like-for-likes fell 0.8 per cent in the year to February 28 and the total was down 0.3 per cent to £295.8m.
Reborn Woolworths in line for profit within a year
Shop Direct Group this week resurrected Woolworths as an e-tailer and vowed to make the venture profitable in its first year of trading.
Retail Russia
Retail Russia
Retail Russia
Loi de Robien