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- Retail Ventures Inc.
- Retail Ventures is a holding company operating through its wholly-owned subsidiaries and majority-owned subsidiary in three segments. Filene's Basement, Inc. ("Filene's Basement") is an off-price...
- Retail Ventures Inc. company page on BNET »
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- Young Turks Choose Shopping Mall Over Bazaar
- By Daren Butler ISTANBUL (Reuters UK) - For centuries, Istanbul lured intrepid shoppers with colorful jewellery and carpets which tumbled from shops in the ancient alleyways of the Grand Bazaar. Today, the city's affluent young middle-class is embracing a different kind of shopping experience in giant...
- News items 2008-05-06
- AGL Reaffirms Full Year Profit Guidance
- AGL Energy Ltd, Australia's largest power retailer, has reaffirmed the company is on track to deliver underlying net profit of up to $360 million for fiscal 2008.The power retailer, which delivered a 6.5 per cent drop in half year profit, said at a conference the company was on track...
- News items 2008-05-07
- Hunter Strikes Back at Tesco in Garden Centre War
- LONDON (Reuters UK) - Scotland's richest man struck back against a move by Tesco to strengthen its grip on Dobbies Garden Centres (DGC), seeking a court order to block a planned rights issue that could dilute his stake. Dobbies said on Friday that Tom Hunter's West...
- News items 2008-05-09
- 'Origin Talks Ongoing, Inconclusive': BG
- BG Group, the UK's third largest natural gas producer, says discussions with Origin Energy Ltd over its $12.9 billion bid for the power retailer are ongoing but inconclusive.The UK-based utility said on Friday "discussions have been held between senior representatives of Origin and BG Group" but those talks were...
- News items 2008-05-09
- Home Depot to Close 15 Stores, Curb Store Openings
- ATLANTA (Reuters) - Retailer Home Depot Inc (HD), which has been battered by the slumping U.S. housing market, on Thursday said it plans to close 15 underperforming stores and said it will curb future store openings. Home Depot said it will no longer...
- News items 2008-05-01
- DJs to Open New Sunshine Coast Store
- Retailer David Jones is to open a new 14,000 square metre store on Queensland's Sunshine Coast that it says will "significantly exceed" the company's minimum benchmarks for new stores.The retailer said the new store in Maroochydore's Sunshine Plaza was expected to generate sales of $50 million - $60 million...
- News items 2008-05-07
- Home Depot to Close 15 Stores, Curb Openings
- By Karen Jacobs ATLANTA (Reuters) - Retailer Home Depot Inc (HD), which has been battered by the slumping housing market, on Thursday said it plans to close 15 underperforming U.S. stores and will curb future openings, sending its shares up more than 5...
- News items 2008-05-01
- Marks & Spencer's Rose Faces Tougher Challenge
- By Rachel Sanderson and Laurence Fletcher LONDON (Reuters UK) - Stuart Rose, chief executive of retailer Marks and Spencer (MKS), will face tough questions when he takes to the stage at the company's annual results event on May 20. In past years he's experienced a level...
- News items 2008-05-11
- Linens 'n Things Files For Bankruptcy
- NEW YORK (Reuters) - Home goods retailer Linens 'n Things has filed for Chapter 11 bankruptcy protection and plans to close 120 underperforming stores, the company said on Friday. The struggling seller of textiles, housewares and other home goods also said it had...
- News items 2008-05-02
- Retail Sales Fall in March
- LONDON (Reuters UK) - Retail sales fell slightly more than expected in March but earlier months were revised up, leaving sales growth strong over the quarter, according to official data. The Office for National Statistics said sales fell 0.4 percent last month, putting them up...
- News items 2008-04-24
- Thorntons Sales Growth Slows in Third Quarter
- LONDON (Reuters UK) - Chocolate retailer Thorntons (THT) said costs had climbed more than expected and sales growth had slowed in the third quarter, knocking its shares, but it expects a satisfactory outcome for the year. Thorntons's own store sales grew 5.1 percent to 33.8 ...
- News items 2008-04-23
- Sports Direct Says Set to Meet Expectations
- LONDON (Reuters UK) - Sporting goods retailer, Sports Direct International (SPD), expects to meet earnings expectations despite "challenging" market conditions, the company said on Thursday. Sports Direct, 70 percent controlled by billionaire and Newcastle United soccer club chairman Mike Ashley, said it was confident...
- News items 2008-04-24
- Adidas First-quarter Net Income Jumps But Reebok Weak
- FRANKFURT (Reuters) - Cost cuts helped German sports goods maker Adidas's (ADSG) first-quarter net income rise by nearly a third but its Reebok brand continued to suffer because of weak prospects in the United States. Adidas, the world's second biggest sports goods maker...
- News items 2008-05-06
- Buyers Circle For BAA's Gatwick, Stansted
- LONDON (Reuters UK) - Bankers have held talks with potential buyers of Gatwick and Stansted airports before a competition watchdog report which could lead to a break-up of airport operator BAA, the Mail on Sunday reported. BAA, owned by Spain's Ferrovial (FER), owns Britain's seven...
- News items 2008-04-20
- Home Retail Profit at Top of Range
- By Mike Elliott LONDON (Reuters UK) - Argos stores owner Home Retail Group (HOME) reported full-year profits at the top end of analysts' forecasts, boosting its shares, but reiterated that the outlook for consumer spending was weaker this year. The country's biggest household goods retailer posted...
- News items 2008-04-30
- Brad Black: Responsible Entrepreneurship
- Brad Black is CEO and a co-founder of EO, an environmentally and socially responsible body care company which boasts as the only company with a co-brand with Whole Foods. Black talks about why he finds it more profitable in the long run to run a responsible business.
- Videos 2008-04-17
- Barney's Chief Executive to Resign: Paper
- NEW YORK (Reuters) - The chief executive of luxury clothing retailer Barneys New York has said he plans to resign, The New York Times reported on Saturday. Citing colleagues of Howard Socol, who presided over the company's steadying after it fell into bankruptcy...
- News items 2008-05-10
- Not Enough Linens, Too Many Things
- Linens N Things' Chapter 11 filing should serve as an object lesson for recession-wary chain retailers. Like many big-box operators, LNT has stuffed its shelves with Chinese products. At the same time that traffic drops and spending slows, putting pressure on the top line, the price of Chinese goods is...
- Blog posts 2008-05-05
- eLayaway Offers New Solution to Sluggish Retail Sales
- Remember layaway? If your mom couldn't afford something, she put 10 percent down and paid a few bucks a week through the layaway window until the item was paid off and she could bring it home. Now it's coming back as retailers and shoppers alike question the...
- Blog posts 2008-05-06
- Shares Jump as Next Eyes Better Quarter
- By Rachel Sanderson LONDON (Reuters UK) - Shares in clothing retailer Next (NXT) jumped by more than 5 percent on Thursday as investors looked past a gloomy first quarter trading update to its hopes for a slightly better second quarter. Next, a bellwether of shopper consumption...
- News items 2008-05-08
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