Sky News has revealed that HMV, Britain's last remaining independent music retail chain, is on the verge of being rescued in a £50m deal that will preserve 2,500 jobs.
Hilco UK, which has been operating in Europe for over 10 years, was founded out of a partnership between UK Management and the Hilco Group in the US, the global leader in distressed retail investment and advisory services. Hilco also already runs HMV in Canada and has worked with music labels to secure new releases for HMV’s UK stores.
Sky News' City Editor, Mark Kleinman, reveales "Hilco, the specialist...
Nestled in Paris Street Exeter opposite such retail icons as Next and John Lewis, is a swathe of charity shops including Sprout, Children’s Hospice South West, Save the Children, Age UK, Shop 4ECTA and the RSPCA. What might appear as madness to have so many charity shops together is proving a shoppers’ delight as bargains can be had in an ever improving shopping environment. Charity shops have woken up to the fact that the old jumble sale, mothball ridden offering is no longer where it’s at.
As part of its ongoing Business Transformation, Thomas Cook Group plc has announced that it has began a consultation process to restructure its UK business, which would see the Group's UK workforce reduced by 2,500 full-time roles. Job losses would mostly be from back-office functions and its retail network, including some store closures. However it has not yet been revealed which stores are to close.
The Group currently employs 15,500 across the UK & Ireland. The cost benefit of these changes, and the costs of achieving them, have already been included in the cost-out numbers...
John Lewis Exeter has today announced that all Partners (staff) recruited on a temporary basis when the shop opened have secured permanent positions.
Following an extremely positive response from customers during a busy Christmas trading period, the 121 who worked across a number of departments in the shop have been offered permanent roles.
Kate Connock, branch manager, John Lewis Exeter said: “I’m delighted that we’ve been able to offer all the 121 temporary Partners we recruited at opening permanent positions. The success of John Lewis Exeter has been due to the positive...
If you think marketing is just a waste of time and that your products and services will just sell themselves – look around you and wake up! Some of the biggest names in retailing have been hitting the fan over the last few years because they haven’t woken up to the changing face of consumerism. The ‘just sit tight and it will go away’ syndrome only leads to one result: FAILURE.
In order to survive and prosper, you need to change your Mind Set. Hands up all those who are perfectly content with their level of business, profitability and customer base? If you are sitting there smugly...
Caroline Charles, one of London's most respected womenswear designers, was visiting her Exeter store today (20th November) to meet a select group of her customers and to celebrate the launch of her new book 'Caroline Charles - 50 Years in Fashion'.
Having developed her business over the past five decades, the Caroline Charles label is now sold and marketed throughout the world to a loyal fan base.
Caroline explained how she began in the world of fashion art school followed by a couture apprenticeship and a stint as a photographer's assistant; she then...
If Antiques are your thing, then don't miss the New International Westpoint Antiques & Collectors Fair at Westpoint Arena this weekend.
With up to 400 stands from all over the UK, offering an extensive range of Antiques & Collectables, the fair provides a great day out for people who love all things Antique. With dealers from all over the UK there will be a huge selection of Antiques & Collectables, including furniture, porcelain, silver, gold , jewellery, glass, textiles, vintage clothing, paintings, lighting, militaria, kitchenalia, toys, stamps, collectables...
Rumours and rumblings about the potential arrival of Swedish giant IKEA to Exeter's growing list of big name retailers have rumbled on for years - in 2001 plans to open a store failed because the City Council was unable to identify a site of sufficient size to satisfy the retail giant's needs.
However, we could well be moving a step closer to this becoming reality. It is now believed that a site near Sandy Park and opposite Tesco has been identified as of a sufficient size and therefore the preferred site following discussions with Exeter City Council.
