Industry News

Thu, 26th January 2012

Collapsed gift retailer Past Times is unlikely to be salvaged out of administration as KPMG embarks on a store closure strategy, it is understood.

Thu, 26th January 2012

Retail employment rose by a modest 0.5% in the final quarter of 2011 but the outlook remains downbeat, as 38% of retailers prepare to cut staffing levels this quarter.

Thu, 26th January 2012

Private equity firms including Permira and Cinven are understood to have ruled out buying Peacocks, while other investment firms and retailers eye its stores.

Thu, 26th January 2012

The Duchess of Cambridges penchant for a high street ensemble has undoubtedly had a fillip on many retailers sales.

Thu, 26th January 2012

Health and beauty retailer Feelunique.com is to ramp up its overseas presence by increasing its marketing activity as it strives to become the Asos of the health and beauty market, according to chief executive Aaron Chatterley.

Thu, 26th January 2012

The owner of Hawkins Bazaar, Primary Capital which bought back the business out of administration last week plans to revive the toy retailer by focusing on concessions and online as it appoints a new chief executive.

Thu, 26th January 2012

WHSmith is expected return to revenue growth over the next five years as it benefits from improved margin mix and overseas expansion.

Thu, 26th January 2012

The squeeze on consumers will lessen in 2012, directors of Primarks parent company believe.

Thu, 26th January 2012

Private equity firms including Permira and Cinven have ruled out buying Peacocks, while other investment firms and retailers eye its stores.

Thu, 26th January 2012

Customers at toy retailer The Entertainer have raised over £100,000 for charity in six months by donating their electronic 'spare change'. The donations, made through the Pennies electronic charity box, reached their peak in the pre-Christmas week when they totalled nearly £13,000.

Thu, 26th January 2012

Customers at toy retailer The Entertainer have raised over £100,000 for charity in six months by donating their electronic 'spare change'. The donations, made through the Pennies electronic charity box, reached their peak in the pre-Christmas week when they totalled nearly £13,000.

Thu, 26th January 2012

Designer Karl Lagerfeld has launched an online fashion collection. Launched initially through Net-a-Porter, the Karl women's clothing line is being marketed as "accessible" with items priced between £20 and £980.

Thu, 26th January 2012

GameStop, the computer games retailer, has shut all four of its branches in Northern Ireland. The retailer's Belfast, Bangor, Newry and Londonderry stores closed last Sunday.

Wed, 25th January 2012

The Peoples Supermarket (TPS) is targeting new locations across the UK.

Wed, 25th January 2012

Capital Shopping Centres Group is looking to expand its Braehaed Shopping Centre in Glasgow following its agreement to purchase a 31 acre site adjacent to the centre.

Wed, 25th January 2012

WH Smith has described its performance as resilient during the Christmas shopping season and said that profit was in line with expectations.

Wed, 25th January 2012

SuperGroup is to move to a new distribution centre which is set to make its operation more efficient.

Wed, 25th January 2012

Asda is to launch franchise stores for its George clothing brand in the Middle East and the Channel Islands.

Wed, 25th January 2012

Asda has said UK families were £12 a week worse off in December 2011 than a year earlier.

Wed, 25th January 2012

Asda has lost another top executive as new business director Arnu Misra exits the business.