All News articles – Page 1026
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NewsCo-op Group bolstered as RBS troubleshooter appointed to help with restructure
One of the Co-operative Group’s largest lenders, Royal Bank of Scotland, has parachuted in its top troubleshooter to help the struggling group restructure.
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NewsBreakfast briefing: Retail news on Easter footfall, Sofa.com, Morrisons and click-and-collect
Retail news round-up on April 22, 2014: Easter footfall drops year-on-year, Sofa.com appoints Altium Capital as it mulls sale, Click-and-collect growth to outpace home deliveries, and Morrisons boss Dalton Philips could receive £2.3m bonus
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NewsJohn Lewis to celebrate 150th anniversary with exhibition and roof top garden
John Lewis is to mark its 150th anniversary with a series of activities including an interactive exhibition charting its history, a TV ad, and collaborations with brands.
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NewsTV channel Sit-Up falls into administration despite passing CVA last month
TV shopping channel Sit-Up, which operates Price Drop and Bid TV, has collapsed into administration just a month after it secured a CVA.
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NewsThe Co-op to quit 60% of Somerfield stores as it bids to rebuild reputation
The Co-operative Group is to exit 60% of the Somerfield stores it acquired just five years ago as it seeks to refocus and rebuild its reputation
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NewsWarm weather and Easter holidays propel sales at John Lewis and Waitrose
John Lewis said warm weather and its new store in York propelled sales growth of 13% last week.
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NewsCo-op reports 'disastrous' year as losses balloon to £2.5bn
Crisis-hit Co-operative Group has reported a group comprehensive loss of £2.5bn after a “disastrous” year.
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NewsMulberry issues another profit warning and cautions on future earnings
Luxury brand Mulberry has issued another profit warning after incurring charges on stores and the departure of its chief executive.
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NewsBreakfast briefing: Retail news on Footfall, Joules and Harvey Nichols
Retail news round-up on April 17, 2014: High street enjoys strongest rise in footfall for almost a year, Joules launches into eyewear with ‘extensive’ range, Harvey Nichols launches new e-commerce website
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NewsJoules launches into eyewear with 'extensive' range
Joules is launching into eyewear as it grows the licensing part of the business.
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NewsFresh & Easy shakes things up this Easter with earthquake kit offer
As Easter approaches, retailers have been pushing the usual chocolate eggs and Easter bunnies, but Fresh & Easy are promoting something rather different.
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NewsAsda store workers get into the Easter spirit with Coke can display
Hare-brained staff at the Asda store in Manchester got into the Easter spirit this week, creating a bunny rabbit out of a rather artistic display of Coke cans.
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NewsHigh street enjoys strongest rise in footfall for almost a year
Improved weather, new spring ranges and strong promotions lured customers to the shops in March, with the high street reporting its biggest rise in footfall for almost a year.
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NewsMarks & Spencer comes to the rescue for Alastair Campbell
Alastair Campbell, ex-communications and strategy director for Tony Blair, found himself in a pickle last week on his way to a formal event.
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NewsTesco boss Philip Clarke: 'I’m going to see this thing through'
Tesco chief executive Philip Clarke said he is determined to see through the turnaround of Tesco and vowed the grocer will emerge as a leader once again.
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NewsJJB's ex-boss Sir David Jones accused of taking out £3m loans to pay for gambling debts
JJB’s former executive chairman Sir David Jones took out £3m in loans from Sports Direct’s Mike Ashley and JJB’s founder Dave Whelan “possibly due to gambling”, a jury has heard.
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NewsBurberry like-for-likes up 12% but warns exchange rates will hit profits
Burberry retail like-for-likes jumped 12% in its second half but the retailer sounded caution over the impact of exchange rates on profits.
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NewsBreakfast briefing: Retail news on Tesco and Burberry
Retail news round-up on April 16, 2014: Tesco profits fall as trading environment ‘changes more rapidly than ever before’ and Burberry second half sales rise.
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NewsVideo: Tesco chief executive Philip Clarke on the grocer's full-year profits fall
Tesco reported a fall in full-year profits today. Here, chief executive Philip Clarke talks about the results.
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NewsTesco profits fall as trading environment changes 'more rapidly than ever'
Tesco’s group trading profit plunged 6% to £3.3bn last year and boss Philip Clarke warned that the trading environment is changing rapidly.