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UNITED KINGDOM FRANCHISE NEWS ARCHIVE

 
: : May/Jun 2000

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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