News roundup—1st December 2008


News roundup—1st December 2008

Whittard of Chelsea, a retailer/cataloguer of tea and
coffee, is up for sale, reports The Times. Troubled Icelandic investment
group Baugur is the seller.

More than 1,000 retailers have gone bust in the past year, up
17 per cent from the previous 12 months, The Telegraph notes.

Virgin Wines founder Rowan Gormley is launching a new
online venture, Naked Wines; The Times talks with him about it.

At number five, Tesco is the top retailer/direct
marketer on the list of Britain’s Most Admired Companies,
produced by Management Today. Tohers on the list,
according to The Telegraph, include Marks &
Spencer (number 29), Travis Perkins (number 34),
Dunelm (number 64), Next (number 93), Home
Retail Group (number 98), Kingfisher (number 127),
Premier Farnell (number 134), Electrocomponents
(number 141), Mothercare (number 155), N Brown
Group (number 166), DSG International (number 217),
Findel (number 226) and, as a reminder to take the list
with a pinch of salt, Woolworths (number 238). Drinks
company Diageo topped the ranking.

Argos, Cath Kidston, Dolls House Emporium, Early Learning
Centre, Firebox, Hawkin’s Bazaar, I Want One of Those, John
Lewis, Letterbox, Littlewoods Direct and Pedlars are
among the merchants featured in The Times “Christmas gift guide for
all the family”.

Harrods and Lush, meanwhile, were among the
retailers spotlighted in the Financial Times’ gift guides.

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