All articles by Luke Tugby – Page 171
-
NewsTesco hires Savills as it bids to raise cash with land sell-off
Tesco has begun selling off land once earmarked for new supermarkets in a move that could net the retailer hundreds of millions of pounds.
-
NewsItalian etailer Yoox enters running to acquire Net-a-Porter
Italian etailer Yoox has entered the running to acquire luxury fashion business Net-a-Porter after tabling a bid that could value the London-based firm at more than £1.3bn.
-
NewsGarden centre spending to hit £30m ahead of Easter weekend
Consumer spending at garden centres will smash the £30m barrier in the run up to the Easter weekend, according to new research.
-
NewsSheffield city centre prepares for £480m regeneration scheme
Almost 700,000 sq ft of new retail and leisure space is poised to be built as part of an ambitious £480m regeneration of Sheffield city centre.
-
NewsBritain's 'unhealthiest' high streets named in new report
High streets taken over by bookmakers, loan shops, tanning salons and fast-food outlets can damage people’s health, a new report claims.
-
NewsRetail sales bounce back in March after flat February, says CBI
Retail sales growth bounced back this month after grinding to a halt in February, according to the latest CBI figures.
-
NewsRetail sales volumes jump 5.7% in February as prices plummet to 18-year low
Retail sales volumes increased by more than expected in February as prices dropped to their lowest level for almost 20 years.
-
NewsSupermarkets' efforts to reduce contaminated meat are 'unacceptable'
Supermarkets are failing to co-operate with efforts to tackle poisonous bacteria found in chicken, according to an industry watchdog.
-
NewsTesco's Ireland boss steps down after two years in the role
Tesco’s Ireland boss Philip J Clarke is stepping down from his role, less than two years after taking up the position.
-
NewsDFS sales jump 10.5% as bosses target international expansion
Sofa giant DFS’s sales jumped 10.5% in its first half-year results since its IPO, as the retailer seeks to become a “world-class business”.
-
NewsMPs brand Sports Direct ‘callous’ over USC administration
MPs have slammed Sports Direct for “callously and deliberately” giving USC workers just 15 minutes’ notice that they were losing their jobs.
-
AnalysisAt a glance: Morrisons boss David Potts' new-look executive board
Morrisons boss David Potts wielded the axe on his executive board yesterday as a 12-strong team was whittled down to six. Retail Week looks at the grocer’s new “leaner” senior management line-up.
-
NewsAll retailers can install click-and-collect after planning law changes
All retailers will be allowed to offer click-and-collect services in store from next month as laws requiring planning permission are changed.
-
NewsTopps Tiles like-for-likes jump 5.2% as bosses target further growth
Topps Tiles’ like-for-like sales have jumped by around 5.2% as bosses bid to capitalise on a predicted increase in spending on home improvements.
-
NewsNew Morrisons boss David Potts swings the axe on exec board
Morrisons has axed nearly half of its executive board as new boss David Potts begins a clear-out of its top-level management team.
-
NewsTesco faces shareholder legal action as senior director exits
Tesco is facing legal action from shareholders in the aftermath of its accounting scandal as another senior director exits the supermarket giant.
-
NewsChina Resources Enterprise reports first loss for more than 10 years
China Resources Enterprise (CRE) has posted its first full-year loss for more than a decade after its joint venture with Tesco hit finances.
-
AnalysisIn the news: Halfords first female chief executive Jill McDonald profiled
‘Better late than never’ the old saying goes – and in the case of Halfords’ new chief executive, it’s a cliché that certainly rings true.
-
NewsAsda to open its first high street stores as southern expansion accelerates
Asda will open its first high street stores in London this summer as it presses ahead with a major expansion plan in the capital and the South East.
-
NewsAnalysis: Tesco's freehold buyback will become 'dominant trend' in grocery
Tesco and Morrisons share similar goals of turning around their store estates and regaining shoppers, but have embarked on different strategies.