Selfridges Christmas in August July 18, 2010 Selfridges department store in Oxford Street is getting ready for Christmas early – 145 days before the big day. In the earliest start ever for the store, the Christmas shop will open on 2 August, allowing organised shoppers to start stocking up on festive decorations including pre-lit trees, crackers, fairy lights or even a £500 [...]
Entertainment One soars on Peppa Pig success February 15, 2011 ENTERTAINMENT One said yesterday it expected full-year results to beat market estimates after its British animated television series, Peppa Pig (right), racked up strong retail sales in 2010. The entertainment company that specialises in the acquisition, production and distribution of film and television content said Peppa Pig licensing activity had a robust Christmas with sales [...]
New Look value halved after failure to float February 14, 2011 Fashion chain New Look’s value has cut by almost half by its private-equity backers after it failed to float with a £1.7bn price a year ago. The company has been hit by the ongoing tough consumer climate since it shelved its plans to float Last month it said it had been badly hit by the [...]
Tesco to appeal to “aspirational” shoppers May 10, 2011 Tesco plans to create new brands to spruce up its product ranges and appeal to increasingly aspirational shoppers across the world, its new chief executive said. Phil Clarke, outlining his strategy for the supermarket group, also said Tesco would be online in all 15 of its markets this decade and, while it would continue to [...]
WEST END FESTIVE HIGH DESPITE SNOW January 16, 2011 Christmas shoppers defied the December snow to boost December sales in London’s West End by 3.8 per cent year-on-year. New West End Company, which represents 600 retailers on Bond Street, Oxford Street and Regent Street, said there was a huge sales increase in the final days before Christmas and in the end of year sales.
WEST END FESTIVE HIGH DESPITE SNOW January 16, 2011 Christmas shoppers defied the December snow to boost December sales in London’s West End by 3.8 per cent year-on-year. New West End Company, which represents 600 retailers on Bond Street, Oxford Street and Regent Street, said there was a huge sales increase in the final days before Christmas and in the end of year sales.
DTZ books record transactions February 15, 2011 DTZ Investment Management completed a total of £700m of transactions in 2010 – a record for the fund manager in its 40-year history. This was achieved following a particularly strong final quarter, with £130m of transactions completing in December. DTZ IM has actively invested in the UK for a number of pension fund clients looking [...]
Tesco sales hit by snow chaos January 13, 2011 Tesco posted a 6.2 per cent rise in Christmas sales as strong growth in its overseas markets helped offset a weaker than expected performance in its main British market. The supermarket group, which accounts for about one in every seven pounds spent at British retailers, said on sales at UK stores open over a year [...]
Greggs in boost from mince pies January 12, 2011 GREGGS, the high street bakery, sold eight million mince pies over the Christmas period – up 16 per cent on the previous year. The group, which has almost 1,500 shops, said shoppers who were kept indoors by the snow hit the high streets to do last-minute shopping. For the five weeks to 8 January total [...]
Greggs in boost from mince pies January 12, 2011 GREGGS, the high street bakery, sold eight million mince pies over the Christmas period – up 16 per cent on the previous year. The group, which has almost 1,500 shops, said shoppers who were kept indoors by the snow hit the high streets to do last-minute shopping. For the five weeks to 8 January total [...]