Recovery delayed at French Connection
May 4, 2005 1:30 pmOrders down as tough markets continue The continuing downturn in the UK retail sector is holding back the recovery strategy implemented by fashion retailer French Connection.... View Article
General Merchandise News
HMV sales down in tough UK market
May 4, 2005 1:30 pmFull year profits on track HMV Group expects its full-year figures to be in line with City forecasts despite a sales dip in the current tough... View Article
Alliance UniChem in talks with Northern Ireland chain
May 4, 2005 10:07 amBairds Chemists in pharmacy group’s sights Alliance UniChem has confirmed that it is in ‘advanced’ talks over the potential acquisition of the Bairds Chemists chain in... View Article
Neiman Marcus agrees sale to private equity bidders
May 3, 2005 10:08 am$5.1bn deal for upmarket department store group US department store chain Neiman Marcus has agreed a $5.1bn sale to two private equity firms. Neiman Marcus, which... View Article
Modest April sales growth at Wal-Mart
May 1, 2005 10:55 amSame store US growth below 1 per cent Wal-Mart has reported a small increase in US same-store sales growth for April, suggesting that US consumers are... View Article
Former Londis chairman sells store
April 29, 2005 8:56 pmPeter Williams retires from grocery trade Peter Williams, the former chairman of the Londis group, has sold his store in St Albans and is retiring from... View Article
Somerfield seals forecourt deal
April 29, 2005 1:39 pmSupermarket group buying Texaco sites Somerfield has agreed the purchase of 118 UK forecourt convenience stores from Texaco. Somerfield will acquire 13 forecourts outright, while Azure... View Article
Spar and Netto sold to Edeka
April 29, 2005 11:37 amAlliance creates European grocery giant French retail group ITM Enterprises is selling badged wholesaler Spar and the discount supermarket chain Netto to German rival Edeka. At... View Article
Kleeneze drops forecasts as Farepak suffers
April 29, 2005 10:09 amHome shopping specialist building on revamp Home shopping group Kleeneze says its full-year operating profit will be ‘substantially’ below market expectations due to problems at its... View Article
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