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Whittard of Chelsea saved
Specialist tea, coffee and tabletop retailer Whittard of Chelsea was rescued just before Christmas in a 'pre-pack' buyout agreement.
2 January 2009
Unstaffed DIY store makes almost £200
A DIY store owner left his shop open and attended only by an honesty box on Boxing day and made almost £200.
2 January 2009
The Pier - Everything must go
The Pier has been unable to find a buyer over the Christmas period and looks likely to close with the loss of 350 jobs.
2 January 2009
Retail traffic up 3.2% for Christmas
Sales encourage non-food shopping trips during Christmas week, resulting in the first increase on 2007 in nine weeks.
2 January 2009
Is Whittard's the next credit crunch casualty?
Tea, coffee and housewares retailer Whittard of Chelsea is understood to be on the brink of administration.
23 December 2008
Hultafors Group acquires Snickers
The Hultafors Group has owned Snickers Workwear since December 2006, however, in a deal announced today, it will acquire the franchise company Snickers Original in the UK.
23 December 2008
Home Retail's return to FTSE a disappointment
Shares in Argos and Homebase parent company drop 13% to 204p after a six month absence due to concerns over level of discounting.
23 December 2008
British company bucks trend
Shutter and blind retailer The California Company has reported a 26% increase in like-for-like profits for the three months to October.
22 December 2008
Klondyke Group buys 24th centre
Bob and Dorothy Gault, owners of the Klondyke Group of Garden Centres, including Strikes Garden Centres, have confirmed the acquisition of Brookside Garden Centre at Poynton, Cheshire.
22 December 2008
Plastic shopping bag use to be cut by 50%
Major retailers have signed up to a government initiative to cut the use of plastic bags in half by spring 2009.
19 December 2008
Hobbycraft profits up 10%
Hobbycraft is so far proving immune to the economic downturn by revealing turnover has grown by £7.7m to 62.1m.
19 December 2008
Poundland fined after selling knife to teenager
A Poundland store has had to pay more than £4,000 after being caught selling a knife to a 17-year-old.
18 December 2008
UPDATE: M&S cuts prices again
Marks and Spencer is again cutting prices on homewares in the run up to Christmas.
18 December 2008
Akzo Nobel acquires majority ownership of Japanese venture
Decorative coatings company agrees a 75/25 majority interest in joint venture with Nippon Kayaku.
17 December 2008
Impressive attendance at NBG annual conference
More than 250 people flock to Hilton Hotel in Newcastle for National Buying Group event on December 2.
17 December 2008
Woolworths to close all stores by January 5 [UPDATED]
Staff informed of retailer’s decision to close doors for the final time in New Year after administrators fail to find a buyer.
17 December 2008
Electrolux axes over 3,000 jobs
Domestic appliance supplier reduces employee numbers after ‘sharp decline in demand’ means the company won’t reach full year target for 2008.
16 December 2008
Looking bright in the long-term for lighting industry
Independent lighting retailers will have a tough time next year but a healthy 2010, according to a new report.
15 December 2008
BHETA members say yes to merger
Members of the British Home Enhancement Trades Association (BHETA) have voted overwhelmingly in favour of joining forces with the British Jewellery, Giftware & Finishing Federation (BJGF) in a 95% to 5% victory.
15 December 2008
Kingfisher pushes for fair deal on rents
DIY giant joins the ranks of retailers pushing landlords for better payment deals and elimination of quarterly rents.
15 December 2008
[View latest news archive by year/month]
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