Tag

Retail

News

Slowest year-on-year retail value and volume growth since 1998

Retail figures for goods bought during the last month of 2012 grew by 0.3 per cent over the same period in 2011, but fell over the month before.

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Administrator moves in as HMV faces the music

Entertainment retailer HMV has entered administration and become the latest high street casualty.

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Family firm behind River Island backs The Hut Group and installs new non-exec

The Hut Group has followed up on a fundraising completed back in June by securing a further £9 million.

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Comet, La Senza and JJB Sports amongst surge of 2012 retail administrations

The number of retail insolvencies in the UK has grown by 6 per cent over figures from 2011, new research shows.

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Ex-Amazon executives secure Octopus Investments cash for Rangespan business

Venture capital firm Octopus Investments has backed a business set up by two former Amazon executives.

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Olympics fail to ignite the fortunes of UK retailers

The Olympics has failed to produce a rise in sales for mid-tier retailers, despite a record haul of medals for the Great Britain team.

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Retail administrations protecting more jobs than stores

A higher percentage of jobs than stores are being saved, according to a study of major UK retail insolvencies.

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Theo Paphitis snaps up struggling Robert Dyas

Dragons' Den investor Theo Paphitis has acquired hardware chain Robert Dyas for an undisclosed amount.

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Bathstore washes up at Endless

Turnaround investor Endless has completed its second deal in a week by snapping up struggling business Bathstore, a UK bathroom retailer.

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Zutux manufactures growth investment

Furniture retailer Zutux has closed a funding round with the North West Fund, a regional specific investor.

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Jobs saved at Game

The investor behind the turnaround deal for Comet has taken on Game Group.

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Game suspends shares

The high street slump has led to the video games trader taking the step to suspend its shares.