General Merchandise News

Olympic chief quits M&S

February 6, 2004 6:54 pm

Barbara Cassani steps down as non-exec February 6 2004 Marks and Spencer has announced that Barbara Cassani is stepping down as a non-executive director to focus... View Article

Harrods back in fashion

February 6, 2004 10:50 am

Sales up as tourists return February 6 2004 Upmarket department store Harrods has seen its sales recover as high spending tourists returned to London as fears... View Article

H&M fills the Gap in Germany

February 6, 2004 12:37 am

Swedish retailer acquires 10 –store operation February 5 2004 Swedish fashion retailer H&M has bought the 10 stores in Germany currently owned by US retailer Gap.... View Article

Selfridges chief exec steps down

February 6, 2004 12:36 am

Ex-Asda boss joins department store board February 5 2004 Peter Williams, chef executive of Selfridges, has resigned as chief executive of the UK department store group... View Article

Strong growth for US retailers

February 6, 2004 12:36 am

Wal-Mart leads upbeat January February 5 2004 Higher-than-expected sales at Wal-Mart’s US stores were a highlight of a generally very positive January for US retail. The... View Article

Tower Records to seek bankruptcy protection

February 6, 2004 12:21 am

Entertainment retailer struggling with sales decline February 5 2005 MTS Inc, parent company of entertainment retailer Tower Records, is planning to file for bankruptcy protection, according... View Article

Thorntons ends takeover talks

February 5, 2004 8:59 am

Potential bids undervalued business February 5 2004 Chocolate retailer Thorntons has ended takeover talks which could have take the business private. A number of potential bidders,... View Article