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Saturday, 21st November 2009

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Retail

Five big equity groups face off for Matalan UP TO five heavyweight private equity groups are believed to have placed bids for Matalan, the discount clothing chain.

First Quench to axe 1,900 more jobs as 381 stores close A FURTHER 381 stores are to close at the troubled off-licence group First Quench, owner of the Threshers chain, triggering more than 1,900 job losses.

Tesco to build new bank on customer base TESCO, Britain's biggest retailer, will initially focus on its most loyal shoppers as it seeks to build its new banking business.

Growth slows but Morrisons won't be hurried into replacing Bolland SUPERMARKET giant Morrisons hopes to have chief executive Marc Bolland's successor in place early in the new year, as it also disclosed yesterday a slowdown in sales growth.

Halfords continues to motor with latest figures boost

'High-flying Dutchman' Marc Bolland takes helm at M&S

Mothercare to create 400 UK jobs

Morrisons supermarket announce some reasons to be happy

Handbags before glad rags for Burberry

Retail sales healthy but doubts remain on strength of recovery

Asos chief plays down Tesco threat as profits surge 9%

A Majestic performance – and rival's woes are set to add more sparkle

US sales on the up but consumers still cautious over job prospects

Debenhams kicks off price war with £250 million sale

Surprise drop in sales at fashion giant H&M

Warning of happy Christmas but grim new year for retail sector

Summer sun shines on Majestic Wines

First look at First Quench bids

Better than forecast sales for A&F brand

Asda predicts most intense festive price war in decade

Caution as WH Smith sales slip

Sainsbury looks north with expansion plans

Jobs saved as former boss buys Acorn Pet Centres

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