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UNITED KINGDOM FRANCHISE NEWS ARCHIVE

 
: : Mar/Apr 2000

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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