News

Royal Worcester has denied reports in the national press that it has appointed accountancy firm KPMG to find it a rescue buyer.

John Lewis has blamed the deepening credit crisis, or rather the coverage it is getting in the media, combined with unseasonably sunny weather for an 8.3% fall in sales for the week ending September 26.

Joy, the high street fashion and homewares chain which is parent company of the Hob cookshop and food stores, is the latest casualty of the economic downturn.

The David Shuttle cookshop is marking 10 years of trading in Princes Risborough this year, and held a black tie Caribbean Ball last Saturday to celebrate the milestone.

Cash-strapped shoppers are not only cutting back on buying premium-range food but sales of food in general are on the slide - and supermarkets are now devoting more space to non-food items such as homewares and electrical appliances.

Housewares retailers throughout the UK are being encouraged to support the Rainy Day Trust’s latest fund-raising initiative: collecting tins.

Next January’s Top Drawer Spring has been organised into five major buying zones for the first time.

High street home furnishings chain the Rosebys group of companies has today gone into administration.

Chomette Dornberger will be welcoming a new member to its team next week.

Lifetime Brands, the US designer and distributor of kitchenware and cutlery, is to close all of its retail outlets in the States.