|
| FT.com - Retailing and leisure
FT.com - Retailing and leisure
The turbulence at EMI since Guy Hands' leveraged buy-out of the struggling British music company is giving bands new ammunition in the old game of contract renegotiation
Iceland, the supermarket chain run by would-be Woolworths boss Malcolm Walker, enjoyed its strongest performance in a decade as cash-strapped consumers continued to opt for cheaper groceries
The breadth of the slowdown in discretionary US spending was underlined by quarterly results from Home Depot, the home improvement store, Target, the mass discounter, and Saks, the luxury fashion retailer
The Venetian island of Murano, where for a thousand years native craftsmen have passed on from father to son the art of blowing and shaping glass, is on the verge of a transformation
The 800-strong retail chain opens the door to the Baugur-led consortium trying to buy its stores two days after rejecting a proposed £50m bid as too low
Lowe's, the US home improvement retailer, highlighted the acute regional differences in the housing-based economic slowdown, as it reported an eighth consecutive quarter of falling comparable sales
Growth in downloads and illegal file-sharing has made music makers and retailers more creative and led to some unlikely pairings
The Baugur-led consortium rebuffed by the Woolworths board has contacted other shareholders to try to force the directors to open negotiations over the retailer's stores
Data show that discounting in the retail sector has been more spread through the year – giving the impression of never-ending bargains – but overall cuts have been fewer
A row has broken out between the owner of the "easy" brand and EasyJet, a licensee, over the airline's move into new businesses
Newsfeed display by CaRP |
|
|