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

High Street ken

98/POSTCODE FROM THE EDGE

Architecture: Build my gallery high

Ellis Woodman visits Walsall's new, highly original and still unfinished Art Gallery, and sees some great urban design

The Investment Column: A bargain in Storehouse

AT STOREHOUSE, the Bhs and Mothercare retailer, it is a case of new results, old problem. Pre-tax profits edged up 5.7 per cent to pounds 125m but the City is still fretting about the lack of sales growth and wondering whether the margin improvements are sustainable.

New Bhs branches will create 1,500 jobs

STOREHOUSE, the Bhs and Mothercare retailer, is to create 1,500 jobs over the next two years with 12 new branches of Bhs. The company has also opened a new Bhs Homestore in Bath in the past few weeks and will monitor progress with the view to a possible roll-out.

Credit move by Park

PARK Foods, the Merseyside-based supplier of food hampers on credit, is moving into the credit business proper, offering small loans through its network of door-to-door collectors.

Revelations: Phill Jupitus: The jacket fitted. Now I was James Dean

The time: Autumn 1993

Those in-between days

A big hand, ladies and gents, for Yes Please, No Thank You, an old favourite under new tutelage. Every week, Imogen Fox will select the best and worst fashion has to offer. First down the runway, this divinely affordable oyster frock coat to carry you from winter to spring

Coats Viyella seeks buyer for struggling clothing supplier

More than a thousand jobs were put under threat yesterday after Coats Viyella, the struggling textiles group, said it had decided to exit one of its main clothing businesses. Sir David Alliance, the group's chairman, also confirmed plans to break up the company he has spent decades assembling.

Sears sells Shoe Express stores at pounds 33m loss

Philip Green, the retail entrepreneur, has taken a further step in the development of his mini-high street empire with the purchase of the Shoe Express stores from Sears. Sears will book a pounds 33m loss on the deal but Mr Green is confident he can turn the loss-making stores around. Nigel Cope, City Correspondent, reports.

The investment column: Storehouse needs to do more

Storehouse, the Bhs and Mothercare retailer, has taken a terrible pounding in the City in the last year or so. With analysts questioning the group's ability to increase sales, the shares have halved between early 1996 and this summer.

Shoppers trapped in Laa-Laa-land

Hamleys has been doing it for weeks. Now Mothercare has started doing it too. The childrenswear and toy retailer said yesterday that it is having to ration Teletubbies, this year's hottest toy item, in order to prevent irate parents from handbagging each other in Christmas queues up and down the country.

Bluechip: Stock up on Storehouse

Storehouse has been in the doldrums for longer than many care to remember. A flurry of excitement recently, with the shares outperforming the FT-SE in the last month, did little to make up for years of underperformance.

Littlewoods chief 'has full backing of Moores'

Littlewoods yesterday claimed that its chairman, James Ross, had the full support of the Moores family shareholders, which own the group, in spite of continued criticism of his decision not to sell the entire high street stores business to a venture capital-backed consortium.

Moores family attacks Littlewoods store sale

Littlewoods' decision to sell 19 of its prime high street shops to Marks & Spencer has caused a split among the group's family shareholders, who claim they were not consulted fully on the alternatives.

Storehouse chief's pay package questioned

Storehouse, the retail group which has been plagued by weak sales and a plunging share price, came under fire from shareholders over boardroom pay yesterday. However, the share price surged 9 per cent later in the day following an upbeat trading statement that was made at the meeting.
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