Promotions dent Ted Baker margins
January 8, 2009 8:48 amGross margins were some 2.5 per cent below those achieved last year reflecting a higher level of promotional activity which the company says was necessary given... View Article
General Merchandise News
Viyella calls in administrators
January 7, 2009 5:58 pmWomenswear retailer Viyella has gone into administration after more than 200 years in business. The company, founded in 1784, have called in administrators today in a... View Article
Blacks profit diluted by boardwear business
January 7, 2009 5:39 pmAs a consequence, operating profits for the Group are expected to be below market expectations. In the 18 weeks to the 3rd January, which covers the... View Article
M&S sales down 7.1 per cent
January 7, 2009 8:31 amMore than 1200 jobs to go. Group sales were down 1.2 per cent, UK sales down 3.4%, General Merchandise -5.5% (Clothing -6.5%; Home +1.0%) and Food... View Article
Hope for retailers lie in a few grey hairs
January 7, 2009 8:16 amDuring these tough times you can’t beat a bit of experience and judging by the share price increase of JJB Sports over the past two trading... View Article
M&S ‘to axe 1,000 jobs’
January 6, 2009 8:40 amMarks & Spencer is to axe more than 1,000 jobs, it has been reported, as the economic gloom worsens on the high street. M&S is expected... View Article
Next like for likes down 7 per cent
January 6, 2009 8:35 amNext’s like for like sales were within the guidance range of -4.0 per cent to -7.0 per cent which the company gave in September and repeated... View Article
Some cheer amongst the gloom – The People in Retail Awards 2009 launching soon !
January 5, 2009 4:12 pmThe People in Retail Awards 2009 are back to lift morale and raise the profile of the retail sector as a career destination Now in their... View Article
Adams to close 111 stores today.
January 5, 2009 12:46 pmThe remaining 160 stores will stay open as normal whilst the administrators continue their efforts to find a purchaser for the business. Rob Hunt, joint administrator... View Article
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