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 UNITED KINGDOM FRANCHISE NEWS ARCHIVE
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: : Sep/Oct 2000
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Abbey National firm after Q3. Britain's second largest
mortgage bank, Abbey National Plc, on Tuesday delivered an upbeat
third quarter report but analysts noted continued pressure in lending
volumes and margins. .... 23 Oct, 2000
M&S launches underwear boutiques. Retail giant
Marks & Spencer is ditching the image which has made it famous in
a chain of lingerie 'sanctums' opened in the latest drive to revive
profitability. .... [more]
23 Oct, 2000
M&S considers expanding into Russia. British
clothing and food retailer Marks & Spencer Plc is exploring the possibility
of expanding into Russia, the Financial Times newspaper said on Monday.
.... 23 Oct, 2000
M & S speeds up revamp. Troubled retailer Marks
& Spencer is accelerating the revamp of its key UK stores. .... [more]
22 Oct, 2000
INTEREST - Report tells retailers to turn e-tail. Almost
60% of major retailers have lost profits and market share because
they are failing to serve the new breed of consumer, according to
a report. .... [more]
20 Oct, 2000
St Michael's tonsure given a rebranding. Marks
& Spencer will for the first time sell a range of goods under a brand
name other than M&S or St Michael. .... [more]
19 Oct, 2000
Body Shop marks time as shops are restyled. Body
Shop International, the "green" cosmetics retailer, yesterday said
it was confident of producing "a significantly improved result year
on year" after posting flat interim profits. .... 13 Oct, 2000
Lentils, lingerie and laziness. In the last two
weeks the share price decline has gathered momentum. The shares have
fallen nearly 25%, wiping £1.6bn off the value of the company. ....
[more]
13 Oct, 2000
Body Shop in flat first half. Strong revenues
in the US fuelled a 6 per cent improvement in worldwide sales for
Body Shop International, the UK-based cosmetics and toiletries retailer,
but pre-tax profits remained flat at £6.8m ($9.8m). .... [more]
12 Oct, 2000
M&S woes grow. The decline at UK retailer Marks
& Spencer appears to be showing no signs of slowing. .... [more]
12 Oct, 2000
M&S told to shut stores. The gloom at Marks &
Spencer was unabated yesterday with a new City warning that the shares
are still overvalued. .... [more]
7 Oct, 2000
M&S goods 'worthless.' Takeover threat increases
with value only in property and financial services .... [more]
4 Oct, 2000
M&S shares fall to 10-year low. Shares in Marks
& Spencer have fallen below £2 for the first time in 10 years. ....
[more]
3 Oct, 2000
You may be green now but you'll soon know your onions.
THE sudden drying up of petrol supplies must have prompted
many people to look again at plans to work from home. Fed up with
inadequate public transport, traffic jams and pollution, many dusted
off plans for starting their own business - or taking up a franchise.
.... 26 Sep, 2000
M&S 'to close 20 stores.' Troubled retail giant
Marks & Spencer is reviewing the future of 20 of its high street stores.
.... [more]
23 Sep, 2000
M&S may close 15% of stores. Marks and Spencer,
the embattled retailer, is reviewing the future of up to 15 per cent
of its stores in what could be the group's first wholesale closure
programme in more than a decade. .... [more]
22 Sep, 2000
Laura Ashley posts first profit in three years.
British clothes and home furnishing retailer Laura Ashley Holdings
Plc on Wednesday announced its first pre-tax profits for three years
and said it was well-placed for a strong second half. .... 21 Sep, 2000
Roddick quits to 'smash WTO'. Anita Roddick,
the pioneer of ethical retailing, is to resign from the Body Shop
and concentrate on political campaigning. .... [more]
18 Sep, 2000
M&S boss stands down. Marks & Spencer chief executive
Peter Salsbury has confirmed his resignation after the retail giant's
profits halved during his two years in the post. .... [more]
18 Sep, 2000
Hemsley heads Domino's. Hemsley is to become
the new chief executive of Domino's Pizza, the Aim quoted takeaway
business 15 per cent owned by Nigel Wray, the property entrepreneur,
that delivers through an army of 1,500 scooter drivers. .... 17 Sep, 2000
M&S boss 'set' to go. Troubled retailer Marks
& Spencer has poached an executive from Kingfisher to join its UK
retailing division, the company has confirmed. .... [more]
15 Sep, 2000
M&S in bid fever as Debenhams' chief quits. Marks
& Spencer's City advisers moved to a heightened state of bid alert
yesterday as a fresh wave of takeover speculation swept across the
London market, pushing shares in the ailing high street retailer almost
10% higher. .... [more]
14 Sep, 2000
RELATED - High street sales pick up. UK high
street sales picked up strongly last month, according to the latest
official figures. .... [more]
14 Sep, 2000
M&S in e-commerce drive. The UK retail chain
Marks & Spencer has announced deals with four high-profile partners
to spearhead its drive into e-commerce. .... [more]
6 Sep, 2000
M&S in drive to expand e-commerce. Marks and
Spencer, the struggling UK retailer, will on Wednesday announce a
number of strategic partnerships in a move that significantly expands
its e-commerce operations and brings them on to interactive television
for the first time. .... [more]
6 Sep, 2000
M&S to open discount shops. Struggling retailer
Marks & Spencer will announce today that it is to open its first three
cut-price outlets by Christmas at shopping centres run by BAA McArthurGlen
in Kent, Cheshire and Scotland. ..... [more]
4 Sep, 2000
INTEREST - The return of Boo. Boo.com, the
fashion website that collapsed in the summer, is making a return.
Its new American owners, Fashionmall.com, say they plan to relaunch
the site this autumn. .... [more]
1 Sep, 2000
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