All articles by Jennifer Creevy – Page 33
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NewsKingfisher profits up 23%
DIY giant Kingfisher has reported full-year pre-tax profits up 23% to £670m and said it will ramp up expansion and continue to focus on value for shareholders through the priorities of management, capital and returns.
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AnalysisProduct launches
Hype surrounding soon-to-launch products offers a wealth of opportunity for retailers to cash in on the demand
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NewsInflation rises to 4.4%
The Consumer Prices Index (CPI) annual rate of inflation rose to 4.4% in February, up from 4% in January.
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NewsNew Look CEO Carl McPhail resigns
New Look chief executive Carl McPhail has resigned, and founder Tom Singh returns to the business.
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NewsSir Terry Leahy invests in homework site
Sir Terry Leahy, who stood down from Tesco this month, has made his first significant investment since leaving the grocer.
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NewsAll Saints in final negotiations with potential investors
All Saints is understood to be finalising the terms of a potential £50m rescue deal to secure its long-term future.
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NewsOddbins offers creditors £4.7m compensation pot in CVA
Oddbins wants to close a third of its stores and creditors will be offered a stake in a £4.7m compensation pot as part of its company voluntary arrangement (CVA).
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NewsAmerican Golf owner kicks off £80m sale talks
Lloyds Development Capital is understood to have started talks with financial advisers over a sale of American Golf for up to £80m.
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AnalysisHow Leahy made Tesco a global giant
With its razor-sharp focus on the customer wherever they might be, Tesco now operates in 14 countries. Tim Danaher and Jennifer Creevy trace how a UK grocer now bestrides the globe
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NewsMorrisons pushes online with stake in US etailer FreshDirect
Morrisons is expecting to circumnavigate the pain of setting up an online food operation with the lessons it will learn from buying a 10% stake in US etailer FreshDirect.
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AnalysisHow Leahy transformed Tesco’s business in the UK
Terry Leahy was told Tesco had reached saturation point in the UK. Having developed non food, gone online and moved into services, he’s proved the doubters wrong.
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NewsRetailers and brands count cost of devastating Japan earthquake
Retailers and luxury brands are taking a hit in Japan following the tragic earthquake and tsunami that has killed thousands of people and rocked the country.
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NewsAsda set to open its first high street supermarket without car parking
Asda is to open its first high street supermarket without car parking as it seeks to ramp up expansion.
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NewsOcado poaches Simon Belsham from Tesco
Ocado has poached Simon Belsham from Tesco to head up non-food as it seeks to ramp up its non-grocery offer.
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NewsAsda chief Andy Clarke says the future is local
Asda chief executive Andy Clarke said the future of retail is local and supermarkets need to be clear about the role they play in local communities.
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NewsJJB unveils £65m new business plan
JJB Sports has reported like-for-likes fell 13.5% from January 24 to March 13 as it issues its revised business plan and proposed financial arrangements.
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NewsTesco's Mills Group acquisition given green light
The Office of Fair Trading will not refer Tesco’s acquisition of Mills Group to the Competition Commission.
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NewsJohn Lewis expands online with international delivery
Retailer confident it can conquer US, Europe and Australia with ‘world class’ home product offer.
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NewsSuperdrug launches new shopfit as part of ‘take another look’ strategy
Superdrug is to unveil a new store format in southwest London on March 25 as part of its plans to encourage customers to “take another look” at the retailer.
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NewsNew plan for Leeds development anchored by M&S and John Lewis
Developer Hammerson has resubmitted an outline planning application to Leeds City Council for a 1 million sq ft scheme that was mothballed during the recession.