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 UNITED KINGDOM FRANCHISE NEWS ARCHIVE
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: : Mar/Apr 2000
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Softbank deal gives ailing Body Shop shares a lift. Body
Shop, the cosmetics retailer, yesterday attempted to inject some dot.com
sparkle into its flagging share price by announcing an e-commerce
joint venture with Japanese internet investment company Softbank.
.... [more]
27 Apr, 2000
Body Shop Profits Up, Web-Plan Revealed. Britain's
Body Shop International Plc, the ethical cosmetics retailer, unveiled
an e-commerce joint venture on Wednesday as full year profits improved
29 percent. .... 26 Apr, 2000
Body Shop goes online. Body Shop International, the
natural cosmetics retailer, has signed a deal with Softbank Venture
Capital, the internet investment group, to create a new company charged
with developing the retailer's brand online. .... [more]
26 Apr, 2000
UK shoppers return. Official figures from the Office
for National Statistics show that retail sales were 0.5% higher on
the month after falling sharply in February. .... [more]
20 Apr, 2000
Coffeeless coffee, milkless milk... What's a "whybother"?
You won't find it in Encarta or the OED. It's what Starbucks in San
Diego call a double-latte, non-fat, decaff, no flavour ("Two whybothers
comin' up! That for here, or to go?"). .... [more]
17 Apr, 2000
M&S opens door to credit cards. The ailing Marks &
Spencer chain breaks with tradition today and will start taking credit
cards at its 297 UK stores. .... [more]
17 Apr, 2000
Arcadia axes 3,500 jobs in fight for survival. The UK's
second biggest clothing retailer, the struggling Arcadia group, is
to close down 400 high-street shops, axe its Principles for Men chain
and cut 3,500 jobs in a fight for survival. The company disclosed
it had. .... [more]
14 Apr, 2000
Passing the buck at Arcadia. Arcadia's plight,
so chief executive John Hoerner would have us believe, is everyone's
fault but its own. .... [more]
14 Apr, 2000
Arcadia ditches jobs and shops. UK retail group
Arcadia has announced that it will close two chains with of 654 Principles
for Men and Richards stores with a loss of 3,500 jobs - but promises
to open 300 new shops. .... [more]
13 Apr, 2000
Retailers should scan the Tesco textbook. Marks
& Spencer, Sainsbury, Safeway and all you other high street laggards
- pay attention please. Terry Leahy, chief executive of Tesco and
the Mr Big of the British grocery business, yesterday provided a masterclass
in how to run a retailing empire. .... [more]
12 Apr, 2000
Principles takes a dressing down. The high street
chain Principles for Men is to be shut down by its owner, Arcadia,
after falling victim to the rapidly-growing trend towards dressing
down. .... [more]
10 Apr, 2000
Quality of motorway food 'scandalous.' The food
critic Egon Ronay today launches a blistering attack on the "scandalous"
quality of meals and drinks available at the vast majority of Britain's
72 motorway service areas. .... [more]
10 Apr, 2000
Apax backs EasyEverything. Stelios Haji-Ioannou
is understood to be negotiating the final stages of new financial
arrangements with Apax and details could be announced as early as
this week. .... 9 Apr, 2000
Arcadia to slash menswear chains. ARCADIA, the
struggling fashion retailer, is poised to announce savage cuts to
its underperforming menswear business, when it shocks the City this
week with worse than expected half-year losses. .... 9 Apr, 2000
M&S to double designer stores. Marks and Spencer,
the UK retailer, is to double the number of stores selling its Autograph
designer collection after the success of the first selection of clothes.
.... [more]
4 Apr, 2000
Web sites that act as a recruiting sergeant. It's
not surprising that, according to International Franchise Association,
"most franchise companies have web sites". .... 3 Apr, 2000
Fresh help for small businesses. A new body aimed
at helping the UK's small businesses is launched on Monday. .... [more]
3 Apr, 2000
Ann Summers to buy Knickerbox. Sex shop chain
Ann Summers has announced it will buy the Knickerbox lingerie operation
from its receivers. [more]
.... 3 Apr, 2000
M&S rejects £37.5m bill. Union fights on to
get compensation for lost jobs. .... [more]
1 Apr, 2000
Food stores create global marketplace. The UK's
biggest supermarket chain, Tesco, is joining with 10 international
food retailers to set up a global marketplace. .... [more]
31 Mar, 2000
Retailers Set Up Business Web Exchange. British
food retailer Tesco Plc said on Friday it was working with 11 leading
retailers to form a web-based worldwide business-to-business exchange,
with combined sales of $300 billion. .... 31 Mar, 2000
M&S moves into virtual underwear. Marks & Spencer
is attempting to give its share price some dot.com fizz by taking
a stake in an online lingerie company. .... [more]
27 Mar, 2000
Bass Hotels & Resorts -BHR- Expands Latin America Portfolio.
Expansion Will Increase BHR Brand Presence in Region by 43%
During Current Fiscal Year. .... 27 Mar, 2000
UK's M&S finds Italian partner for Brooks. UK
department store Marks & Spencer Plc said it had signed a letter of
intent with the Italian luxury goods Della Valle Group on Monday to
open Brooks Brothers men's clothing franchise stores in Europe. ....
27 Mar, 2000
M&S buys into online lingerie. Splendour.com
was founded by Mark Pilkington, former chief executive of Gossard.
The firm will sell the kind of upmarket lingerie currently found only
at specialist underwear retailers. .... [more]
26 Mar, 2000
Axed M&S supplier in jobs warning. The clothing
company Daks Simpson has confirmed that more than 600 Scottish jobs
could be lost after it lost a contract with Marks and Spencer. ....
[more]
23 Mar, 2000
Marks unveils new look in effort to revive sales. The
overhaul includes scrapping the famous St Michael label - it will
now only appear as a seal of quality - and revamping the exterior
of all 297 M&S stores. .... [more]
23 Mar, 2000
M&S unveils new look. Retailer Marks & Spencer
has unveiled the new look it hopes will help win back its place at
the heart of Britain's High Streets. .... [more]
22 Mar, 2000
High street sales at 18-month low. Britain's
shops and stores suffered a post-millennium hangover last month as
consumers stayed away from the high street and caused the sharpest
drop in retail sales for more than 18 months. .... [more]
17 Mar, 2000
Shop sales slide. UK shops have reported the
biggest monthly fall in sales since June 1998. .... [more]
16 Mar, 2000
Bass bid rumour sends Starwood shooting. UK
hotelier Bass plc may take a $US16 billion ($26 billion) tilt at the
world's largest hotel owner, the US-based Starwood Hotels and Resorts,
in a bid to create a new accommodation giant. .... 16 Mar, 2000
M&S attacks sales slump with rebranding. Marks
& Spencer will formally unveil a rebranding of its entire product
range early next month in an attempt to halt a precipitous fall in
sales. .... [more]
13 Mar, 2000
M&S to overhaul brand image. Marks and Spencer
is planning to overhaul its brand - including scrapping its distinctive
green carrier bags and downgrading its St Michael label. .... [more]
13 Mar, 2000
Hard times at UK clothes shops. Life is set to
get tougher for the UK's clothing retailers. .... [more]
13 Mar, 2000
M&S drops St Michael. The struggling UK retail
group says it will transform the logo into a consumer quality guarantee
as part of a major overhaul of its image. .... [more]
12 Mar, 2000
M&S faces new union attack. The GMB general union
on Thursday stepped up its campaign against Marks and Spencer (M&S),
the UK retailer, promising to spend £100,000 ($158,000) on a campaign
to highlight the group's switch to off-shore clothing production.
.... [more]
10 Mar, 2000
Estate agents go from laggards to leaders.
In the face of the challenge posed by growing numbers of internet-based
property services, four of Britain's biggest traditional estate agency
groups have decided that if you can't beat them, join them. .... 10 Mar, 2000
UK retail sales growth eases. Growth in retail
sales values slipped back slightly in February from the previous month,
according to the latest data from the British Retail Consortium. ....
7 Mar, 2000
Estate agents in property coup. Britain's top
three estate agents are in joint venture talks to create the country's
dominant property and estate agency web site. .... 5 Mar, 2000
Shops: Prices down, sales up. High Street sales
soared in the UK during February, according the Confederation of British
Industry (CBI). .... [more]
3 Mar, 2000
Alldays repackaging proves ineffective. Alldays,
the convenience store operator, has not helped its shareholders in
the past couple of years. .... [more]
1 Mar, 2000
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