All articles by Lisa Berwin – Page 63
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Asda staff to share £21m bonus
Asda has now paid 107 million in bonuses to its staff since a performance-related bonus scheme was introduced in 2000, when Asda was bought by Wal-Mart.
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Sainsbury's to sell 36 Bells and Jackson's stores sites
Sainsbury's is planning to sell 36 Bells and Jackson's stores it acquired to convert to its Sainsbury's local format.
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French Connection appoints non-executive director
Fashion group French Connection has appointed Dean Murray as a non-executive director.
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Elvi falls into administration
Plus-size fashion chain Elvi has fallen into administration after the retailer failed to secure new investment.
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Competition Commission to clamp down on grocers
The grocery market is holding its breath this week amid fears that the Competition Commission may recommend the creation of an independent regulator to police relationships between suppliers and supermarkets.
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Amazon hires finance boss as it rethinks its offer
Amazon UK has appointed a financial director to boost its senior team as it considers new categories for 2008 including food and digital downloads.
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EBay bans negative feedback on buyers
EBay has banned negative comments from sellers on its site.
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Mothercare to launch Myleene Klass range
Mothercare has signed an exclusive deal with celebrity mum Myleene Klass to launch a range of baby clothes and accessories.
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Disposable incomes continue to fall in UK
British families are facing increasingly smaller disposable incomes, as bills and taxes grow faster than most incomes.
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DSGi kicks off strategic review
DSGi has hired a consulting team to carry out a strategic review of its operations.
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Retail job losses to hit 100,000
Fears are growing that more than 100,000 jobs could be cut in the retail sector over the next two years.
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Otto begins review that could lead to UK sell-off
Otto UK is conducting a wide-ranging strategic review of its UK operation, which could result in its German parent selling off the UK home shopping group.
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Lastminute founder’s furniture site Mydeco goes live
Internet entrepreneur Brent Hoberman’s hotly anticipated online furniture venture Mydeco.com has launched today.
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NewsNet-a-Porter to sell Halston garments 24 hours after catwalk launch
Fashion web site Net-a-Porter will offer pieces from American fashion brand Halston to customers only 24 hours after the collection is shown next week at New York Fashion Week.
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Marks & Spencer bans cheques
Marks & Spencer is the latest retailer to stop accepting cheques at its cash desks.
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Sir Tom Hunter sells D2
Sir Tom Hunter has sold his clothing and footwear chain D2 in a multimillion-pound management buy-out in an effort to 'declutter' West Coast Capital's retail operation.
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Littlewoods moves on Empire Stores
Littlewoods has announced that it intends to buy Empire Stores' debtor book after it was reported that its owner Redcats was closing the business.
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Beales hit by tough trading
Department store chain Beales has reported an operating loss of 1.1 million in the 53 weeks to November 3, 2007.
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Hardy Amies revenues grow
Luxury fashion brand Hardy Amies has reported revenues for the year to December 31, 2007 of 1.65 million.
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Marks & Spencer in data breach over stolen laptop
Marks & Spencer has been found in breach of data protection rules after a laptop containing the information of 26,000 employees was stolen from a contractor’s home.