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 UNITED KINGDOM FRANCHISE NEWS ARCHIVE
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: : May/Jun 2000
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Body Shop sales dip. Sales at Body Shop's UK stores
fell back in the first three months of the financial year despite
strong growth in the group's overseas shops. .... 22 Jun, 2000
When checks just did not balance. No amount of checking
will guarantee that the franchise system is competent, honest and
profitable. Taking appropriate precautions will reduce the chances
of doom, but all business carries an element of risk. .... 19 Jun, 2000
M&S fights Baird claim. High Street giant Marks & Spencer
is mounting a High Court challenge to a £54m claim for compensation
by one of its former suppliers. .... [more]
19 Jun, 2000
Muted retail sales growth eases rates pressure. Sluggish
retail sales figures yesterday reinforced expectations that the economy
is cooling and interest rates may have peaked at 6%. .... [more]
16 Jun, 2000
Modest May for shoppers. High street sales saw only
modest growth in May, according to official figures, providing further
evidence that economic growth may be slowing. .... [more]
15 Jun, 2000
INTEREST - Web grows on UK shoppers. Shopping on the
internet grew 71% in the UK in the six months to April, according
to research consultancy Verdict. .... [more]
12 Jun, 2000
Arcadia gets tough on lease changes. Arcadia, the UK
fashion chain, has told the landlords of its 1,300 stores it wants
to renegotiate its leases and is prepared to resort to tough tactics
if they resist. .... [more]
11 Jun, 2000
INTEREST - Groceries drive e-commerce in Britain. Online
shopping in Britain will be a £12.5bn ($18.8bn) market within five
years, representing 5 per cent of total retail sales, according to
a study released on Monday. .... [more]
11 Jun, 2000
INTEREST - Virtual store to take on UK electrical retailers.
A new online electricals retailer called the Helpful Home
Shopping Company will launch on Monday, aiming to challenge established
players in the UK electricals market. .... [more]
11 Jun, 2000
Mulberry shares soar as Club 21 buys stake. Mulberry
Group shares soared 45pc to 38.5p yesterday, as the luxury goods retailer
confirmed that Club 21, the fashion group owned by BS and Christina
Ong, is considering taking a "significant" stake in the company. ....
11 Jun, 2000
UK retail prices fall. Shop prices have fallen again
in Britain's shops, which is good news for consumers but bad news
for retailers. .... [more]
2 Jun, 2000
Demise of a high street icon. It was the worst news
for the Home Counties since the BBC decided to cancel live coverage
of the Queen Mother's 100th birthday celebrations: the struggling
High Street retailer Marks and Spencer would be forced to cut its
dividend for the first time in its 106-year history. .... 26 May, 2000
M&S slashes dividend. Marks & Spencer yesterday slashed
its dividend for the first time in its 74 years as a public company,
as new chairman Luc Vandevelde said he needed more money to invest
in turning around the struggling high-street chain. .... [more]
24 May, 2000
Online at the corner shop. Soon you will be able to
pick up the books and CDs you ordered over the internet when you pop
into the corner shop or fill up the car with petrol. .... [more]
24 May, 2000
M&S confirms gloom. Marks and Spencer has cut its dividend
for the first time after another plunge in profits. .... [more]
22 May, 2000
M&S investors expect 50% cut in dividend. The City is
bracing itself for a cut in the dividend payout from Marks & Spencer
when the stores group announces its annual results tomorrow. ....
[more]
22 May, 2000
Marks and Spencer plans first cut in dividend. Marks
and Spencer, the struggling UK high street retailer, plans next week
to cut its dividend for the first time in its history. .... [more]
19 May, 2000
Expectations rise in City of cut in M&S dividend. Expectations
in the City are growing that Marks and Spencer, the retailer struggling
with falling sales and profits, may cut its dividend when it reports
its full-year results on May 23. .... [more]
27 Apr, 2000
INTEREST - Boo is first big dot.com casualty. The UK's
internet startup sector last night suffered its first high-profile
casualty when Boo.com, the online sportswear retailer, called in liquidators
after running out of cash. .... [more]
19 May, 2000
UK retail sales fall. UK retail sales fell in April
as wet weather and higher interest rates conspired to keep shoppers
at home. .... [more]
19 May, 2000
INTEREST - Now Stelios takes Easy's brand of net café to US
and Europe. EasyGroup, the company which runs the no-frills
airline EasyJet, has set its sights on expanding its chain of internet
cafes into the US and Europe. .... [more]
17 May, 2000
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