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FT.com - Retailing and leisure
FT.com - Retailing and leisure

FT.com - Retailing and leisure
  • HMV boosted by technology sales
    The retailer reported a rise in sales at its music and entertainment stores but said books were not proving as popular with comparable sales falling due to the success of the final Harry Potter release last year

  • 777 crash inquiry urges changes
    Aviation safety authorities in the US and Europe are to order airlines flying Rolls-Royce-powered 777s to change operating procedures after a British Airways jet crash

  • Thriftiness boosts US lower-cost stores
    Wal-Mart and other discount stores reap the benefits of a nervous US retail scene in the back-to-school season, while fashion outlets suffer falls in sales

  • Whitbread brushes off move for rival
    Whitbread sought to play down its interest in acquiring rival Travelodge, but went short of ruling out the possibility of such a tie-up

  • Phorm delays internet trial
    The digial company has admitted that preparations for the first large-scale trial of its internet advertising technology had taken "longer than originally anticipated"

  • LVMH seizes spotlight with Philo appointment
    The world's biggest luxury-goods group announces the appointment of the British designer as creative director of Celine, the French fashion house

  • Amazon launches video-on-demand service
    Amazon has announced a video-on-demand streaming service as internet and consumer electronics companies strive to match the capabilities of US cable and satellite providers

  • Wal-Mart to deploy 'smart' shop network
    US retailer begins to roll out a new generation of in-store digital media technology that is going to become increasingly familiar to shoppers globally

  • Bridgepoint slims down Fat Face debt
    Bridgepoint has bought a big chunk of debt in the UK fashion retailer in the latest sign of private equity groups taking advantage of the troubled debt markets

  • Punch suspends dividend to conserve cash
    Mounting debt problems have forced the management of Punch Taverns to conserve cash and scrap the final dividend payment

  • Focus DIY puts private equity in pension spotlight
    This week, news broke that the Pensions Regulator had forced Duke Street Capital to top up the pension scheme of retailer Focus DIY even after the private equity firm had sold it

  • Buoyant Playtech amasses $300m war chest
    The company, whose clients include PartyGaming and Paddy Power, said it expected new markets to open up in Europe as gambling regulations eased. It was lining up acquisitions that would allow the company to take advantage of those opportunities

  • Headaches persist at DSG International
    The electronics retailer reported a 7 per cent fall in like-for-like sales and announced the retirement of Sir John Collins, chairman

  • McBride closes factory to combat surge in input costs
    McBride, one of Europe's leading suppliers of own-brand products to supermarkets, will shut down a factory in an effort to control input costs, which have been driven...

  • Buoyant volumes boost Datacash
    Datacash, a supplier of software and technology for processing credit card payments, said the volume of transactions rose 34 per cent in its first half, with those in...