Retail

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First Quench Retail to cut over 1,900 jobs

LONDON (Reuters) - Over 1,900 workers at , the group behind wine retailer chains Threshers and Wine Rack, are losing their jobs after the administrator failed to find buyers for 381 stores. Administrator KPMG said on Friday it...

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This vampire phenomenon won’t bite, but it might bleed you dry

Alexi Mostrous, Ruth Lewy The adolescent dreams of thousands of teenage girls were fulfilled yesterday as the latest Twilight film arrived on British screens, accompanied by an unprecedented merchandising blitz. While Twilight...

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UPDATE 1-Tesco bank to focus on its most loyal shoppers

To focus initially on 15 million Clubcard holders * Tesco bank has 6 million customer accounts (Adds detail, backgrond) LONDON, Nov 20 (Reuters) - Tesco (TSCO.L), Britain's biggest retailer, will initially focus on its most...

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Marks & Spencer bringing back fresh food counters

Marcus Leroux, Retail Correspondent After half a century, Marks & Spencer has reintroduced fresh-food counters, with butchers and fishmongers, marking its fightback against Waitrose, its resurgent premium rival. The retailer,...

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How to stay safe shopping online

has become second nature and with the Christmas season coming up, we will be browsing e-retailers looking for presents to give to our loved ones. Online Christmas 2009 is also now boosted by the fact that the Royal Mail have...

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Nationwide's gloomy UK economic forecast

Retail sales increase driven by clothing UK retail sales rose at the fastest annual pace since May 2008 in October, figures from the Office for National Statistics (ONS) have shown. Nationwide Building Society has reported a...

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Giant charity shop for retail park

AN EMPTY store that caught the eye of fashion giant Laura Ashley is instead set to become a large charity shop. Work is being carried out on the former Comet unit in Gallagher Retail Park in Weston to change it into a British...

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Skype Sold: eBay Seals Deal After Legal Row

Hazel Tyldesley, Sky News Online Skype's future has been secured after owners eBay finally sold a large proportion of the company by settling a legal row over rights to the web phone call technology. Skype users can make voice...

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Black Friday deals may not signal retail comeback

CHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.

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Gap Profit up 25 Pct in 3Q as Old Navy Recovers

Gap Inc. profit soars 25 percent in third quarter as Old Navy brand recovers By ASHLEY M. HEHER AP Retail Writer CHICAGO November 20, 2009 (AP) The Associated Press Post a Comment Shoppers spent more money at low-price Old Navy...

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