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February 8, 2012 7:42 pm
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Games Workshop tumbles on profit warning xmas sales boost did not happen

January 5, 2011 in Business, Retail by editor

Tweet The company that makes the popular tabletop fantasy game Warhammer 40,000 issued a profit warning this morning after a decline in sales. Games Workshop, which also makes the Lord of the Rings Strategy Battle Game, said that sales fell by 4 per cent in the six months to the end of November. The company [...]

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Next sales tumble by ÂŁ22m after snowfall – 2011 uncertain

January 5, 2011 in Business, Retail by editor

Tweet Next said today that the outlook for 2011 was “uncertain” following the increase in VAT and the rising cost of making its goods, as it reported a fall in sales because of the snowy weather in the run-up to Christmas. The high street retailer will go ahead with plans to raise its prices by [...]

HMV issues profits warning and shares dive after grim Christmas

January 5, 2011 in Business, Retail by TS1reporter

Tweet HMV warned today that it was in danger of breaching a bank covenant as it set out plans to sell 60 of its UK stores after sales plunged over the key Christmas trading period, sending its shares down to a record low. The retailer warned last month that it had made a poor start [...]

A new Tesco store in Acklam has been refused a licence to sell alcohol

January 5, 2011 in Business, Middlesbrough, Retail, Teesside News by TS1reporter

Tweet The decision, by a Middlesbrough Council licensing panel, could be appealed. But if the decision stands it would mean the store, at 288-290 Acklam Road, would be one of only a handful run by the retail giant without an off-licence. Cleveland Police and local councillors objected to the granting of a licence. They pointed [...]

Supermarkets on the march in Teesside takeover

December 22, 2010 in Business, Retail by TS1reporter

Tweet At least eight new stores operated by the ‘big four’ supermarkets have been given the go-ahead on Teesside in the past two years, research has found, with more in the pipeline… Planning authorities were contacted to discover how many shops Asda, Morrisons, Sainsbury’s and Tesco had approved in the two years to November. Of [...]

Hackers leak e-mail account details of government staff

December 21, 2010 in Business, Technology, Web by TS1reporter

Tweet The e-mail account details of government officials, civil servants and defence company staff have been leaked online after computer hackers attacked a prominent group of gossip and news websites, a Times investigation shows. The work e-mail addresses and passwords of senior staff at the Crown Prosecution Service, officials at the Charity Commission and employees [...]

TEESSIDE’S ASDA LIVING STORE TO PIONEER NEW FORMAT

November 15, 2010 in Business, Retail by TS1reporter

Tweet Asda Living Teesside has received a ÂŁ1m makeover which has seen it become the first new look Asda Living store in the UK.The store on Teesside Shopping Park has been chosen as the first in the country to pioneer the new department store look and feel.The improvements, based on customer feedback, include a completely [...]

Royal Mail fattening itself up for privatisation say rivals and suppliers

November 8, 2010 in Business, National by TS1reporter

Tweet This weekend Royal Mail became the latest business to have its tough negotiations with suppliers aired in public after details of a presentation outlining its “radical cost-cutting programme” were leaked to the media. Delivering a presentation to an audience of 150 suppliers two days before the Serco news broke, Kath Harmeston, Royal Mail’s procurement [...]

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Your cheap High Street fashions made by ‘slaves in British sweatshops’

November 8, 2010 in Business, Retail by editor

Tweet the hidden cost to cheap clothes and it’s a human one… East Midlands factories producing clothes for High Street retailers such as New Look, BHS, Peacocks, Jane Norman and C&A are little more than illegal sweatshops where workers are treated like slaves, a Dispatches; Fashion’s Dirty Secret programme  for Channel 4 investigation will claim tonight [...]

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BHS, Dorothy Perkins, Burton, Evans and Wallis to close 300 stores

November 8, 2010 in Business, Retail by editor

Tweet The retail billionaire Sir Philip Green is to close 300 of it’s smaller stores (15%) of its 2400 units within the next three years. Details of Green’s plan emerged at a retail property conference in Manchester last week. Some 500 leases, mainly on the group’s smaller shops in provincial towns, are due for renewal [...]

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