All articles by Suzanne Bearne – Page 13
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News
Findel strikes deal to sell Kleeneze to CVSL in £3.6m deal
Findel has agreed to sell its catalogue retailer Kleeneze to Trillium Pond, a subsidiary of US group CVSL, in a deal valued at £3.6m.
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News
Staples set to acquire rival Office Depot in a $6.3bn deal
US office supply and stationery retailer Staples is set to buy rival Office Depot in a cash and stock deal valued at $6.3bn (£4.13bn).
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News
Macy's to acquire luxury beauty retailer Bluemercury for $210m
US department store Macy’s has agreed to buy luxury beauty retailer Bluemercury for $210m (£138m) in cash as it seeks to broaden its offer.
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Analysis
Analysis: How to combat the North-South retail divide
Figures released by the Local Data Company revealed that the retail divide between the north and south of England is growing, with the number of vacant shops in the North now double the number in the South.
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News
Topshop closes five stores in Japan but plans to maintain presence there
Topshop has closed its five stores in Japan but has insisted there are “no plans to pull out of this key international territory”.
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News
B&M investor raises £384m as it slashes stake in bargain retailer
US private equity firm Clayton, Dubilier & Rice has reduced its shareholding in bargain retailer B&M, selling a 12% stake and raising £384m.
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News
Profile: Allan Leighton, the frontrunner to become chair of the Co-operative
He turned around the fortunes at Asda and sold it to Walmart for £6.7bn, but Allan Leighton could be heading for his toughest role yet at the Co-op.
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News
Amazon in talks to take over RadioShack stores in the US
Etail giant Amazon is in talks to acquire some of troubled US electricals retailer RadioShack’s stores, it has been reported.
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Analysis
Analysis: How Gap failed to fill a gap in the fashion market
Gap has axed its creative director Rebekka Bay, pulled the plug on its Piperlime brand, seen sales slip and appears to be perpetually on Sale.
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News
ScS stock market return opens door to retail IPOs
Shares in sofa and carpet retailer ScS rose 8.6% to 190p on its first day back on the London Stock Exchange, signalling appetite is ripe for retail IPOs.
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News
Selfridges triples size of customer service area at London flagship
Selfridges has tripled the size of the customer service area at its London flagship on Oxford Street as part of a revamp.
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News
River Island looks to tap into next wave of tech entrepreneurs
River Island has joined forces with retail and consumer innovation accelerator TrueStart to gain access to tech start-ups and new technology.
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Analysis
Carpetright's third quarter: What the analysts say
Carpetright reported a solid set of results this morning, with like-for-like sales up 7.5% in the UK. Here is analysts had to say.
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News
The number of retail profit warnings doubled in 2014
The amount of profit warnings from the retail industry nearly doubled last year, with the grocery sector leading the charge, research has found.
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News
Mamas & Papas hires former Kiddicare boss Chris Yates as chief exec
Mamas & Papas has appointed ex-Kiddicare boss Chris Yates to lead the struggling retailer, replacing temporary chief executive Derek Lovelock.
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News
Karen Millen losses widen to £6.1m in full year to March 2014
Full-year pre-tax losses widened to £6.1m at Karen Millen after it invested in its stores, improved its ranges and bolstered marketing.
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News
Amazon took quarter of entertainment spend in the fourth quarter of 2014
Amazon raked in one in every four pounds spent on entertainment in the last quarter of 2014, as the supermarkets saw their marketshare fall.
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News
Liam Gallagher's Pretty Green sets its sights on the US
Former Oasis frontman Liam Gallagher is to take his Pretty Green brand Stateside after the firm signed an agreement with a US branding agency.
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News
Bestseller and Select among fashion retailers to circle Bank
Young fashion retailers Bestseller, Select, Quiz and Foot Asylum have expressed interest in snapping up whole or parts of collapsed apparel retailer Bank, it is understood.
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News
Lakeland secures £16m funding deal from RBS to support expansion
Kitchenwear specialist Lakeland has sealed a £16m funding deal from the Royal Bank of Scotland (RBS) which it plans to use to boost expansion.