All Entertainment articles – Page 102
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News
Interest rate held at 5%
The Bank of England has held the interest rate at 5 per cent for the fifth month running despite increasing fears of an imminent recession.
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Out-of-town retail parks to ‘lead retail renaissance’
Out-of-town retail is set to bounce back from the economic gloom and will be more successful than town centres in instigating a retail resurgence, a Verdict survey has claimed.
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Borders UK restructures buying team
Eight buyers at Borders UK are to leave the retailer following a review of the buying team structure.
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35 retailers back Green’s letter to landlords
Sir Philip Green has written to some of the UK’s biggest landlords on behalf of 35 retail groups in an attempt to bring key aspects of how retail property is leased into the modern era.
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HMV takes new format up a gear in Liverpool
HMV will unveil the latest version of its store of the future next week when it opens its 15,000 sq ft shop at Liverpool One.
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Russia still on West’s retail map despite political chill
International retailers are likely to push on with expansion in Russia despite a return to icy relations between the Kremlin and the West.
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Worst retail figures in 25 years, CBI reports
Wet weather and difficult trading conditions have resulted in the worst retail performance for 25 years.
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The Entertainer to triple web offer by Christmas
Toy retailer The Entertainer is ramping up its web site in time for the crucial Christmas trading period.
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Analysis
Do stars still sell?
With marketing budgets feeling the pinch, retailers may be thinking twice about signing celebrities to front their brand. Charlotte Hardie asks when they’re worth it and how they can be put to best use
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London sales growth slows but still outperforms UK
Sales growth in central London has slowed by more than half compared with the same period last year, but continues to outstrip the rest of the UK.
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Airport retail bucks economic slump
Airport retail is beating the economic downturn and sales are expected to hit 30 billion this year.
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Analysis
Olympic hopefuls
As the London 2012 Olympics nears, British retailers need to prepare themselves for a once in a lifetime opportunity. Lisa Berwin reports.
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News
Inflation hits 4.4 per cent
Inflation has hit 4.4 per cent, more than twice the Government’s 2 per cent target and up by the highest amount since the Consumer Prices Index began in 1997.
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UK retail sales slip further
UK like-for-like retail sales fell 0.9 per cent in July compared with the same month last year.
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Iranian tycoon builds Woolworths stake
Iranian property tycoon Ardeshir Naghshineh has raised his stake in troubled retailer Woolworths, sparking fresh speculation that he could mount a bid for the business.
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Hamleys culls HQ jobs in drive to slash costs
Toy giant Hamleys is to axe roles at its head office as part of a re-structuring strategy to cut costs.
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Zavvi rethinks basement level in West End store
Entertainment retailer Zavvi has revamped the basement of its Tottenham Court Road store to reflect its strategy to sell a more diverse range.
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Music and DVD sales continue to slide
The number of shoppers who buy music and DVD products regularly has fallen for the fourth year in a row, according to Verdict Research.
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Consumer confidence plummets again
Consumers are becoming increasingly nervous, with consumer spending growth expected to slow to just 0.5 per cent next year, according to a PricewaterhouseCoopers report.