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All of the Birthdays-branded stores run by Clinton Cards are now set to close

Clinton Cards to close 350 of its UK stores

- Administrators for the beleaguered high street greeting cards specialist Clinton Cards have announced that nearly half of the retailer’s stores are to be closed to help pay off its debts.Corporate Advisory & Restructuring firm Zolfo Cooper said in...
09:35AM - Thu 17th May 2012
The new ad will feature youngsters playing in the sun

Halfords ad elicits British nostalgia

- Bicycle & car parts retailer Halfords has launched a new advertising campaign based on the feelings elicited by memories of British summertime.Launching this week, the retailer drafted in DLKW Lowe, a creative agency behind adverts for other well ...
05:45PM - Wed 16th May 2012
Greggs will continue to fight against the proposal by government to introduce a VAT charge to many of its bakery products.

Sales at Greggs slip in the wet weather

- Store expansion helped total sales at bakery retailer Greggs rise 4.3 per cent over the last quarter, results released today reveal, but its underlying sales have declined over the period.On a like-for-like basis sales fell 1.8 per cent in the 19 ...
11:31AM - Wed 16th May 2012
Richard Kirk has quickly moved on from his role as Peacocks CEO to become the new boss at Poundstretcher

Ex-Peacocks boss becomes Poundstretcher CEO

- Discount retail chain Poundstretcher has appointed Richard Kirk as its new CEO, the retailer has revealed.The former chief of value fashion retailer Peacocks has over 40 years of retail experience and is highly respected within the sector.Kirk lef...
10:24AM - Tue 15th May 2012
Rain and cold weather kept shoppers off the high street during April (image ©iStockphoto.com/DouglasFreer)

April retail sales washed away in the rain

- Total UK retail sales declined one per cent year-on-year during April as heavy rain disrupted trading across the country, new figures reveal.The latest Retail Sales Monitor from lobby group the British Retail Consortium (BRC) and audit, tax & advi...
11:24AM - Wed 9th May 2012
Clintons has lost the support of its largest supplier for its turnaround strategy and will now enter administration

Clinton Cards formally enters administration

- Troubled high street greeting cards retailer Clinton Cards has formally entered administration this afternoon.The fall of the business was prompted by its largest supplier American Greetings purchasing £35 million worth of loans owed by Clintons f...
09:45AM - Wed 9th May 2012
Strong online shopping helped limit the drop in year-on-year sales during April (©iStockphoto.com/Dmitriy Aseev)

Resurgent homewares boosts weak high street sales

- Cold & wet weather dampened high street fashion sales during April, according to new research, but other non-food sectors performed strongly during the month.Accountancy & business services firm BDO’s latest High Street Sales Tracker shows that ov...
11:22AM - Tue 8th May 2012
Lower commodity prices enabled grocers to cut food inflation last month (image ©iStockphoto.com/Gordon Bell)

Shop price inflation falls 1.3% in April

- Price inflation for shopping items fell back last month as retailers continued to sacrifice margins to boost sales, new research released today shows.Lobby group the British Retail Consortium (BRC) and research firm Nielsen found that overall shop...
10:10AM - Tue 8th May 2012
Thorntons sales continued to fall over the peak Easter period

Thorntons sales fall further despite soft comparatives

- Total sales at chocolate retailer Thorntons declined by 2.7 per cent year-on-year during its third quarter period, according to results released today.The closure of 11 of its shops over the 16 weeks ending April 28th 2012 negatively affected its ...
10:16AM - Thu 3rd May 2012
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