Property
 

The quickest way to update your home is to add concrete to the mix, and from lamps to flooring, the high street has it covered. By Trish Lorenz

People and Business: Philip Green sets off alarm

SEVERAL SELFRIDGES people were recalling yesterday how they first encountered Philip Green, the man who bought the Sears stores chain a couple of months ago.

Keep on spending, Your Majesty

It wasn't the existence of the overdraft that surprised us, but the fact that it was only pounds 4m

Four more Sears directors resign from board after Green takeover

TWO MORE executive directors and two non-executive directors of Sears have resigned from the group board following the pounds 548m takeover by Philip Green.

Green axes two Sears directors

PHILIP GREEN has axed two directors of Sears days after winning control of the struggling retailer, writes Nigel Cope. David Defty, the finance director, and Roger Groom, property director, will depart with a combined payoff of pounds 1m.

Outlook: Green/Sears

IT IS HARD to know who is more to blame for the appaling undervalue that Sears has been sold for - the management, whose failure over the years both to manage the business and realise its value has been almost total, or the stock market, which has consistently refused to put a realistic break-up value on the group. Whatever the answer, there is little doubt that Philip Green and his financial backers, the Barclay brothers, have got one of the steals of the decade.

The rise and fall of a British giant

THE FALL and rise of Sears took almost a century. Along the way, writes Nigel Cope, it became one of Britain's most widely based conglomerates but by the end it was a regularly out-manoeuvred embarrassment.

Retail shares dive on Christmas trading reports

SHARES IN the retail sector took a pounding yesterday after a series of gloomy Christmas trading statements underscored the tough conditions on the high street.

Green still wants Sears despite investor handout

PHILIP GREEN, the retail entrepreneur stalking Sears, is still interested in launching a formal bid for the company and will reveal his hand in the next few days. The news came after Sears announced a downbeat Christmas trading statement and the sale of its Creation store card.

Shopping: Six Of The Best - pine-free christmas trees

Tall wire topiary obelisk (160cm), pounds 140, and Very Tall Long Tom, pounds 135, Marston & Langinger (0171-824 8818). Candles and clip holders from Prices (0171-228 2001)

Storehouse slides into crisis

News Analysis: The Bhs and Mothercare group has added to the retail gloom with a profits warning, but is management to blame?

CRS names chief

CO-OPERATIVE Retail Services, the Rochdale-based branch of the Co-op movement, has named Andy Meehan as its new chief executive.

Man charged with raping boy

A MAN appeared in court yesterday charged with raping a 13-year-old boy in the toilets of a department store.

Boy, 13, raped in store toilets

A TEENAGE boy out shopping with his mother was raped in the toilets of a department store, police said yesterday.

Monica, an icon for modern women

Who else could be photographed by Herb Ritts and still end up looking like a frump?
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Ferguson: In the heartlands of America, a descent into madness

A descent into madness in America's heartlands

David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

BBC faces corruption allegation over its Sir Cliff police raid coverage

Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home
Lauded therapist Harley Mille still in limbo as battle to stay in Britain drags on

Lauded therapist still in limbo as battle to stay in Britain drags on

Australian Harley Miller is as frustrated by court delays as she is with the idiosyncrasies of immigration law
Lewis Fry Richardson's weather forecasts changed the world. But could his predictions of war do the same?

Lewis Fry Richardson's weather forecasts changed the world...

But could his predictions of war do the same?
Kate Bush asks fans not to take photos at her London gigs: 'I want to have contact with the audience, not iPhones'

'I want to have contact with the audience, not iPhones'

Kate Bush asks fans not to take photos at her London gigs
Under-35s have rated gardening in their top five favourite leisure activities, but why?

Young at hort

Under-35s have rated gardening in their top five favourite leisure activities. But why are so many people are swapping sweaty clubs for leafy shrubs?
Tim Vine, winner of the Funniest Joke of the Fringe award: 'making a quip as funny as possible is an art'

Beyond a joke

Tim Vine, winner of the Funniest Joke of the Fringe award, has nigh-on 200 in his act. So how are they conceived?
The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

The late Peter O'Toole shines in 'Katherine of Alexandria' despite illness

Sadly though, the Lawrence of Arabia star is not around to lend his own critique
Wicken Fen in Cambridgeshire: The joy of camping in a wetland nature reserve and sleeping under the stars

A wild night out

Wicken Fen in Cambridgeshire offers a rare chance to camp in a wetland nature reserve
Comic Sans for Cancer exhibition: It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans

Comic Sans for Cancer exhibition

It’s the font that’s openly ridiculed for its jaunty style, but figures of fun have their fans
Besiktas vs Arsenal: Five things we learnt from the Champions League first-leg tie

Besiktas vs Arsenal

Five things we learnt from the Champions League first-leg tie
Rory McIlroy a smash hit on the US talk show circuit

Rory McIlroy a smash hit on the US talk show circuit

As the Northern Irishman prepares for the Barclays, he finds time to appear on TV in the States, where he’s now such a global superstar that he needs no introduction
Boy racer Max Verstappen stays relaxed over step up to Formula One

Boy racer Max Verstappen stays relaxed over step up to F1

The 16-year-old will become the sport’s youngest-ever driver when he makes his debut for Toro Rosso next season
Fear brings the enemies of Isis together at last

Fear brings the enemies of Isis together at last

But belated attempts to unite will be to no avail if the Sunni caliphate remains strong in Syria, says Patrick Cockburn
Charlie Gilmour: 'I wondered if I would end up killing myself in jail'

Charlie Gilmour: 'I wondered if I'd end up killing myself in jail'

Following last week's report on prison suicides, the former inmate asks how much progress we have made in the 50 years since the abolition of capital punishment