All News articles – Page 1010
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NewsMorrisons poised to make raft of job cuts as it restructures store management
Struggling grocer Morrisons is poised to reveal a management restructure that could result in up to 2,000 redundancies across its stores, it is understood.
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NewsAo.com eyes European domination as EBITDA grows
Ao.com will use its German expansion to move into the Netherlands and Belgium as boss John Roberts claims its international potential was a key selling point to investors during its much talked about IPO.
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NewsAsos warns on profits after promotions and sales mix hit margins
Asos has warned on profits “due to an unusual combination of factors” including promotional activity and a higher mix of European sales.
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NewsBreakfast briefing: Retail news on Morrisons, Co-op and Regent Street
Retail news round-up on June 5, 2014:Morrisons store management reshuffle could result in up to 2,000 job losses, Asda to acquire five Co-op shops, The Crown Estate to introduce smartphone app with beacon technology in stores
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NewsSelfridges promotes Nathan Hermann to food and restaurants director
Selfridges has promoted director of business planning Nathan Hermann to food and restaurants director.
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NewsFindel eyes Express Gifts expansion as it switches to growth mode
Home shopping specialist Findel is eyeing growth for its Express Gifts business and boss Roger Siddle has declared its turnaround complete.
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NewsNew Look hires Tesco director Mike Iddon as chief financial officer
New Look has appointed Tesco director Mike Iddon as its chief financial officer.
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NewsHalfords completes Boardman Bikes purchase
Halfords has acquired bicycle manufacturer Boardman Bikes in a deal understood to be worth up to £15m.
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NewsTesco's first quarter results: What the analysts say
Tesco’s first quarter results reveal more woes for the UK’s biggest retailer. Retail Week looks at what the analysts say.
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NewsTesco chief Philip Clarke says the grocer is "going at full pelt"
Tesco boss Philip Clarke has said the grocer cannot speed up its turnaround despite the worst quarterly like-for-like sales fall in his 40 year tenure.
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NewsVideo: Tesco's latest TV ad promises "prices are coming down and staying down"
Tesco’s latest TV ad airs tonight promising customers that “prices are coming down and staying down”.
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NewsQueen confirms retailers to charge 5p per plastic bag next year
The Queen has confirmed at the state opening of Parliament that retailers will begin charging customers 5p for plastic bags in 2015.
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NewsRetailers in line for £814m World Cup sales boost
Retailers are expected to score sales of £814m during the World Cup, which kicks off next week.
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NewsFindel profits surge as it declares turnaround complete
Home shopping specialist Findel’s pre-tax profit before exceptionals jumped from £11.8m to £22m as it declares turnaround complete.
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NewsShop prices fall 1.4% to record thirteenth month of deflation
Shop prices deflated 1.4% year-on-year, the same rate as recorded in April, making May the thirteenth consecutive month of deflation.
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NewsTesco reports 3.7% like-for-like slump in first quarter
Tesco has reported a 3.7% slump in like-for-like sales excluding petrol in its first quarter, blaming market conditions and a reduction in “indiscriminate” couponing.
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NewsBreakfast briefing: Retail news on Tesco, New Look, Holland & Barrett and more
Retail news round-up on June 4, 2014: Tesco’s UK finance director poised to move; Prices in British shops 1.4% lower in May; Holland & Barrett hires branding and packaging design agency.
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NewsAllan Leighton celebrates career of veteran retail marketer Jill Keen, who has died
Allan Leighton celebrates the career of veteran retail marketer Jill Keen, a devoted friend of the retail industry, who passed away last week.
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NewsNew Look eyes more UK space and accelerates overseas expansion
New Look boss Anders Kristiansen is looking to add to its UK store estate as he eyes entry into Russia and Germany.
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NewsISG Retail Week Interiors Awards deadline extended
The deadline for entering this year’s ISG Retail Week Interiors Awards has been extended to give more store designers the chance to scoop a prize.