Next branches out into garden centres

Next branches out into garden centres Next customers will be able to shop for patio slabs and power tools as well as bed linen and jeans next week, when the fashion brand opens its first garden centre. The Next Home and Garden store in West Sussex is a departure for the chain and will also [...]

High Street Sales Plummet With The Temperature

The arctic weather is estimated to have cost retailers up to £750m in lost sales as new figures show the number of shoppers who ventured out at the weekend was down 20% on last year, with Wales and London hardest hit

Durables Chains Reach Doorstep, Retailers Wary

Large durables retail chains such as Next, Tatas’ Croma and Future Group’s eZone as well as big marketers such as LG , Samsung, Sony and Panasonic are increasingly targeting residential areas for

Next Forecasts 10% Rise In Clothes Prices

Shoppers could be hit by double-digit percentage increases in the cost of clothes next year if soaring cotton prices do not go into reverse soon, fashion chain Next warned today. The increase is higher than

Marks & Spencer Plans To Re-Enter European Markets

Nearly a decade after Marks & Spencer shut up shop in mainland Europe, the retailer is poised to return to the continent by buying back the stores it sold at the time. Britain’s biggest clothing retailer is understood to

Retailers Cautiously Optimistic Ahead Of Christmas Countdown

As retailers, count down the crucial trading weeks between now and Christmas, store chiefs, have sounded a cautious note on the outlook for consumer spending, but sought to quash fears of a

Sears.Com In Exclusive Deal With Britain’s Next

Sears.com has partnered with British apparel retailer Next to be the exclusive seller of the company’s shoes, clothing and accessories in the United States. Terms of the deal were not …

Next rules out high street ‘meltdown’

High street chain Next has ruled out a “meltdown” on the high street but warned that it expects to see “very little” growth in total consumer spending for the foreseeable future. Although chief executive…

Primark follows fashion rivals as it warns of rising costs

Discount retailer Primark warned today of the impact of rising raw material and transport costs as well as the planned increase in VAT. The fashion chain also said sales growth had slowed to…

Videocon to roll out GSM services, to launch across 100 cities in 100 days

Videocon is all set to roll out GSM mobile services in 100 cities in the next 100 days and is targeting 10 million subscribers by 2014. Videocon Telecommunication Ltd (VTL) has been recently rechristened to Videocon Mobile Service and is a subsidiary of the $2.5 bn consumer durables giant Videocon Group. Videocon is one of [...]