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Comet to close 17 stores after £9m loss
Comet is to shut 17 stores after making a £9m loss in retail profit for the year to April 30, 2011.
22 June 2011
Further squeeze on finances in May
Asda income tracker reveals a £61 a month drop in disposable income for UK households in May, as earnings growth lags behind price inflation.
22 June 2011
Life & Style shuts 22 stores
Fashion and homewares chain Life & Style is to close 22 of its 150 stores, with the loss of 274 jobs.
22 June 2011
BHETA board elections confirmed
Yesterday's BHETA agm saw John Newcomb re-elected for his second year as president of the association.
22 June 2011
Plans afoot for M&S to buy garden centre site
Retail chain in discussions to open a new store on the Stephen H. Smith Garden & Leisure site in Scunthorpe
22 June 2011
Richard Burbidge owner buys FW Mason
Ripat Ltd, which owns Richard Burbidge and sister company Atkinson & Kirby, has acquired troubled timber products firm FW Mason from administrators for an undisclosed sum.
22 June 2011
Hosepipe ban code revised
The HTA has welcomed the revised Code of Practice offering new guidance on water use restrictions water companies can impose during shortages.
21 June 2011
Asda chief Simon King steps down
Supermarket chain confirms Mr King's departure after just six months as chief operating officer.
21 June 2011
Gardening guru’s book sells out in half an hour
The book, a second edition of Richard Jackson's 150 Top Gardening Tips proved so popular with QVC customers, all 10,000 copies were sold in just 36 minutes.
21 June 2011
Stores snap up space at UK's retail parks
The number of empty units in retail parks has dropped as more high street retailers make the move to out-of-town stores.
21 June 2011
Ikea crowned Advertiser of the Year
Swedish home retailer picks up accolade at the 2011 Cannes Lions Awards and is praised for its "creative, unconventional and humorous advertising".
20 June 2011
Focus to close Tamworth warehouse as stores shut
The first 10 Focus stores shut their doors yesterday, with 112 set to follow this week, as shoppers loaded up on cut-price items.
20 June 2011
Wickes md promoted
Wickes md Jeremy Bird has been promoted to chairman of parent company Travis Perkins' retail arm.
20 June 2011
First Global DIY Summit hailed a success
More than 400 senior executives from 35 countries gathered in Brussels last week to attend the inaugural Global DIY Summit, organised by EDRA and fediyma.
17 June 2011
Private sector boosts employment figures
The unemployment rate for the three months to April 2011 fell to 7.7%, down 0.3% on the previous quarter and the largest quarterly drop since August 2000.
17 June 2011
Act on emissions or risk losing sales, says Carbon Trust
Almost one in two shoppers would shun brands that don't take steps to reduce their carbon footprint, according to new research from the Carbon Trust.
17 June 2011
ONS: sales fall sharply in May
Retail sales volumes fell 1.4% in May compared with the previous month, according to the latest report from the Office of National Statistics.
17 June 2011
Stewart gets £12m PE investment
Private equity firm ECI has invested £12m in plastics manufacturer Stewart, the company announced today.
16 June 2011
Dyb Dyb DIY
B&Q teams up with the Scouts to help plug the skills gap and teach DIY to half a million under 15s with the launch of a new badge.
16 June 2011
Focus announces store closure dates
The latest email from Focus liquidators hammers home the point that the first Focus stores will close this Sunday.
16 June 2011
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