Sainsbury’s Christmas Sales Boost
January 9, 2009 1:01 pmSainsbury’s has posted its best ever Christmas figures with sales up 4.5% on the same period last year. Chief executive Justin King told Sky News it... View Article
General Merchandise News
JD Sports fighting fit
January 9, 2009 8:43 amMargin protected as group held off sale until Boxing day. By Mark Higgins Sales on a like for like basis for the five weeks to 3... View Article
Zavvi to shut 22 stores
January 9, 2009 8:43 amZavvi is to close 22 stores in the UK with the loss of 178 jobs. By Mark Higgins ‘Despite record consumer demand since Christmas, it is... View Article
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
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
