Clinton Cards sales subdued
January 15, 2009 7:27 amChristmas spend ‘did start later than expected’ Like for like sales in the five weeks to 4th January 2009 showed an improvement in the sales trend... View Article
General Merchandise News
HMV enters live music market and snaps up 14 Zavvi stores
January 15, 2009 7:12 amHMV’s move will see London’s Hammersmith Apollo change its name to the HMV Apollo. HMV said late yesterday it had agreed a joint venture with MAMA... View Article
3,800 jobs at risk at catalogue group Grattan
January 14, 2009 7:23 pm3,800 jobs at catalogue firm Grattan are at risk from a planned restructuring, trade union group Usdaw has said today. Usdaw said the 3,800 jobs were... View Article
Video – M&S Boss Vows To Maintain Quality
January 14, 2009 2:11 pmSpeaking on Jeff Randall Live, Sir Stuart Rose said that while trading conditions were tough, he was not prepared to lower his standard of quality in... View Article
Zavvi to close another 18 stores
January 14, 2009 12:54 pmThe administrators to Zavvi have announced that they are closing 18 more stores with the loss of 353 jobs. The remaining 74 stores throughout the UK... View Article
Allied Carpets in talks with Hilco
January 14, 2009 11:28 amAllied Carpets has held preliminary talks with turnaround specialist Hilco according to The Independent today. The paper says that a prospectus has been sent out and... View Article
FSA to investigate JJB CEO’s share transfer
January 14, 2009 8:41 amThe Financial Services Authority has launched an investigation into share disposals at JJB after the retailer revealed yesterday that a company jointly controlled by chief executive... View Article
Icelandic fund KCAJ in talks over UK stakes
January 14, 2009 8:40 amIcelandic group KCAJ which has stakes in high street retailers including Jones Bootmaker and Mountain Warehouse is in emergency talks regarding its future. Kcaj, an Icelandic... View Article
Video – Tesco’s Andrew Higginson on Christmas trading
January 13, 2009 10:49 amTesco managed to increase sales over the 2008 Christmas period by 2.5 per cent compared to the previous year. But as the company’s Finance Director Andrew... View Article
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