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?
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Prices correct as of 19 December 2014
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