Industry News

Mon, 30th January 2012

Sales at Snappy Snaps, the photo and digital specialist, grew 6.7% year-on-year in the eight weeks leading up to Christmas.

Mon, 30th January 2012

Shop Direct chief executive Mark Newton-Jones is to leave the home shopping giant.

Mon, 30th January 2012

The Co-operative Group has appointed Steve Murrells as the new chief executive of its food business. He replaces Tim Hurrell who retired last year.

Mon, 30th January 2012

Terry Green, former chief executive of Tesco Clothing and Bhs, has developed a passion for painting following his departure from the grocery giant.

Sun, 29th January 2012

A new Retailbulletin/ResearchFarm report, "Store of the future 2012, multichannel hubs, from local knowledge to global wisdom" finds that the store of the future is headed towards fewer, but qualitatively better store locations.

Sun, 29th January 2012

The fall into administration of the likes of Peacocks, La Senza and Blacks' may be part of an ongoing clear-out of retail stores that ultimately helps the remaining players on the high street to prosper. By Glynn Davis

Sun, 29th January 2012

Jaeger fashion group owner Harold Tillman sells, Administrators' legal action may follow collapse of Life & Style Retail. Companies attack Royal Mail, Ocado set for price war with Tesco, Cambridge's Trinity College buys 50pc stake in Tesco stores, Debenhams signs deal to sell Nautica, Could supermarkets' race for shop space backfire? Walmart grandson plots Europe drive from Carnaby Street, Iceland bidders due to make offers this week. Hornby hit by leaves on the line, LVMH goes shopping for jewellers, Rank eyes £250m takeover of Gala casino, Indian tycoon chases £750m Marriott hotels, Iceland founder lines up Canadian cash for £1bn bid, Fast food chains prosper as cash-strapped consumers shun retailers.

Fri, 27th January 2012

The Jacobson Group has bought footwear retailer Dolcis out of administration.

Fri, 27th January 2012

The Co-operative has made two key appointments, including hiring Steve Murrells as the new chief executive of its food business.

Fri, 27th January 2012

A glimmer of hope was provided by the latest set of figures from the BRC-Bond Pearce Retail Employment Monitor. By Gavin Matthews, head of retail at Bond Pearce.

Fri, 27th January 2012

John Lewis enjoyed an 11.4% increase in sales in the week ending 21 January with sales were up every day across all buying directorates.

Fri, 27th January 2012

Research finds British public are buying less, using value ranges and visiting several stores to make ends meet.

Fri, 27th January 2012

Furniture Village saw its annual pre-tax profits fall by 18% to £3.6 million in the 52 weeks to 3 April 2011.

Fri, 27th January 2012

Toy retailer Hornby has warned that its profits for the year to 31 March are expected to be below current market expectations due to weak demand for its train sets and Scalextric racing cars over Christmas.

Fri, 27th January 2012

Morrisons is to be paid £40m to take on the 10 empty Best Buy stores it is converting to Kiddicare.

Fri, 27th January 2012

Luxury clothing brand Belstaff is to open a flagship store in London's Mayfair.

Fri, 27th January 2012

John Lewis sales rose 11.4% last week driven by a cracking online performance.

Fri, 27th January 2012

John Lewis sales rose 11.4% on last year last week driven by a cracking online performance.

Fri, 27th January 2012

New research has shown that specialist electronics retailers are failing to convert browsers to buyers as 52% of shoppers buy from mass merchants like amazon.co.uk.

Fri, 27th January 2012

The manager of Sainsburys Balham store in London offered shoppers just what they wanted in the middle of one of the warmest winters in recent years: shovels, and lots of them.