Industry News

Tue, 4th November 2008

European Commission has said that in 2009, the EU economy is expected to grind to a standstill

Tue, 4th November 2008

Pre-tax profits in the six months to September 27 fall by £154m to £297.8m.

Mon, 3rd November 2008

Debenhams has announced that managing director Angela Spindler is to leave the business after less than a year in the role.

Mon, 3rd November 2008

Ahead of the Signet third quarter trading update on November 6 Investec Securities is making pre-tax profits forecast cuts.

Mon, 3rd November 2008

The disparity could not have been more obvious between Debenhams and ASOS when the leaders of both companies spoke recently at an investment conference. By Glynn Davis

Sun, 2nd November 2008

Marks & Spencer faces battle to avoid dividend cut, Tesco gives its alcohol suppliers a hangover, Online sales defy slump, Slash rates by a full point, embattled industry urges Bank of England, Spending spree as Whelan hits the high street for bargains, Credit insurer warns UK firms to be more open about their difficulties

Fri, 31st October 2008

It may still be just under eight weeks away but Christmas couldn't come sooner for the country's retailers.By Helen Dickinson

Fri, 31st October 2008

The interim results at Blacks Leisure were in-line with the forecasts of Altium Securities, which maintains its 'Buy' recommendation on the company.

Fri, 31st October 2008

To the outside world the major supermarkets continue to function without any noticeable side effects from their habit of using bogofs (buy one get one free) and other equally addictive promotional tools.By Glynn Davis

Fri, 31st October 2008

Westfield opened with the usual razzamatazz of a mall opening - dignitaries, people off the telly, some dancers and a bit of music - which went some way to briefly blocking out the downturn that raged beyond the doors of the development in London W12.by Glynn Davis

Fri, 31st October 2008

Group sales for the 26 weeks ended 30 August 2008 decreased by 9.4% to £133.0m (2007: £146.8m) while like- for -like retail sales decreased by 7.7% (2007: increase of 3.0%).

Fri, 31st October 2008

However, improved buying, lower markdowns and better shrinkage contribute to an improvement in gross margins

Fri, 31st October 2008

The UK experienced a drop in both online and High Street retail activity during October, according to the latest monthly retail insight report from Experian.

Thu, 30th October 2008

With much anticipation the Westfield London shopping centre opened its doors this morning to a throng of shoppers, intent on forgetting the credit crunch and spending.

Thu, 30th October 2008

Ahead of the third quarter update from Next on November 5 Pali International retains its 'Sell' recommendation on the company.

Thu, 30th October 2008

Equality for agency workers moved a step closer last week, following a European Commission vote.

Thu, 30th October 2008

Overall, the Group's trading performance in the six months ended 30 September 2008 is in line with their expectations at the time the 2007/08 Annual Review was published. The company says they are on track to deliver 2008/09 profit and cash flow goals.

Thu, 30th October 2008

Vodafone and Mobile TeleSystems OJSC, the largest mobile phone operator in Russia and the CIS, today announce a strategic, non-equity partnership to provide customers with high quality communications services and to collaborate jointly on future technological developments.

Thu, 30th October 2008

The company reports today that sales increase by 6% after nine months of 2008

Wed, 29th October 2008

This week sees the launch of Carboncreditz, a new kind of green currency which will be the first of its kind to reward consumers for caring about climate change.