Mark Potter

UPDATE 2-Woolworths in talks to sell stores for nominal sum

LONDON, Nov 19 (Reuters) - Struggling British sweets-to-CDs retailer Woolworths is in early-stage talks to sell its high-street business for what one industry source said was likely to be for a nominal sum.

John Lewis weekly store sales down 14 percent

LONDON (Reuters) - John Lewis Partnership, the employee-owned group seen as a barometer of retail spending, said on Tuesday sales at its department stores plunged 14 percent year on year in the week to November 15.

UPDATE 3-Carphone may demerge telecoms unit, trading tough

LONDON, Nov 18 (Reuters) - Britain's Carphone Warehouse Plc may split off its telecoms arm to focus on its retail venture with U.S. group Best Buy Co Inc, it said on Tuesday as it warned of tough trading, sending its shares to...

Burberry H1 profit up 3 pct, H2 trading harder

LONDON, Nov 18 (Reuters) - Burberry (BRBY.L: ), the British luxury brand, on Tuesday reported a 3 percent increase in first-half profit but said trading has been more difficult since the start of the second half, particularly...

HP Launches Virtualization Technologies That Cut Networking Costs by 55 Percent

HP today announced breakthrough networking, storage and server technologies that reduce costs, increase bandwidth flexibility and improve overall performance of virtual server environments. The HP Virtual Connect Flex-10...

WRAPUP 1-H&M sales fall less than feared, ASOS eyes abroad

By James Davey and Adam Cox LONDON/STOCKHOLM, Nov 17 (Reuters) - Swedish fashion group Hennes&Mauritz posted a shallower-than-expected fall in October underlying sales on Monday, raising hopes its focus on low-cost clothing...

West End tops Europe's shopping league

LONDON (Reuters) - London's West End district is Europe's number one shopping destination, but could be challenged in the next two years by cities less affected by the global financial crisis, researcher Experian said on Monday.

Liverpool HS trying to fix track for practices

Liverpool, New York (WSYR-TV) - Crews have been busy this week working on a temporary solution for the now completely unusable track at Liverpool High School. For reasons they're still trying to figure out, areas of the track...

Insurers pull cover from suppliers to GM, Ford: report

LONDON (Reuters) - Three big European credit insurers have removed cover from suppliers of troubled U.S. carmakers General Motors Corp and Ford Motor Co, the Financial Times reported on Friday. The withdrawal of credit...

Regent Inns says recent trading remained weak

LONDON (Reuters) - British bar operator Regent Inns said on Friday that recent sales trends remained unchanged from its last trading update, when it reported a 13 percent drop in like-for-like sales for the 15 weeks to Oct. 12.

1 2 3 4 5 next »