All News articles – Page 1031
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NewsMike Ashley sells part of his stake in Sports Direct for £200m
Billionaire tycoon Mike Ashley has sold part of his Sports Direct stake for £218m.
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NewsEtailer Achica promotes Steve Robinson to chief executive
Furniture and homewares etailer Achica has appointed chief operating officer Steve Robinson to the role of chief executive.
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NewsAsda to create 12,000 jobs over five years says Walmart chief
Food giant Asda aims to create 12,000 jobs over the next five years the boss of parent Walmart has told British Prime Minister David Cameron.
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NewsThe Co-operative to open 50 stores in former pubs
The Co-operative Group is to open more than 50 convenience stores in former pubs after signing a deal with retail property group NewRiver.
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NewsAsda, Morrisons and Selfridges back bid to extend Sunday trading
Some of the UK’s biggest retailers, including Asda, Morrisons and Selfridges, are backing a Parliamentary bid to extend Sunday trading laws.
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NewsMade.com latest etailer to eye IPO as it holds talks with advisers
Made.com, the online furniture specialist backed by Lastminute.com co-founder Brent Hoberman, is the latest etailer to explore an IPO.
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NewsMike Ashley and Sir Tom Hunter face legal row over House of Fraser stake sale
Sports Direct owner Mike Ashley faces a legal row over the House of Fraser stake he acquired from Sir Tom Hunter.
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NewsBreakfast briefing: Retail news on House of Fraser, Co-op, Made.com and supermarkets
Retail news round-up on April 7, 2014: Sir Tom Hunter offloads 11% stake in House of Fraser to Mike Ashley, The Co-op breaks into mobile phone market, Made.com mulls stock market listing and supermarkets told to move away from ‘buy-one-get-one-free’ offers
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NewsPaul Simon administrator to shut 17 stores with loss of 137 jobs
Paul Simon’s administrator is to shut 17 of the home furnishings retailer’s 50 stores, putting 137 jobs at risk.
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NewsB&Q launches £10m ad campaign to get shoppers into the DIY spirit
Home improvements retailer B&Q has unveiled a £10m marketing campaign aimed at encouraging consumers to do more DIY in their homes.
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NewsWestfield London extension approval paves way for new John Lewis store
Plans for a major extension to Westfield London to make space for a John Lewis department store and propel the centre to the top of the European ranking by floorspace have been given the nod.
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NewsTesco confirms resignation of veteran CFO Laurie McIlwee
Tesco has confirmed its veteran chief financial officer Laurie McIlwee has resigned from the grocer.
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NewsVideo: Boots USA managing director speaks about new roll-out
Retail Week speaks to Boots USA managing director Gordon Farquhar about rolling out its offer across the US, as part of the tie-up with Walgreens
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NewsHouse of Fraser to be acquired by Chinese Sanpower group as early as today
House of Fraser is set to be acquired by Chinese conglomerate Sanpower imminently with a deal expected as early as today.
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NewsVideo: Waitrose advert highlights employee ownership structure
Waitrose has released an advert highlighting the company’s employee ownership structure and the benefits of its ethos to customers.
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NewsTesco finance director Laurie McIlwee poised to step down
Tesco’s finance boss Laurie McIlwee is reportedly due to leave the business as soon as next week, with profits expected to fall again.
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NewsInfographic: John Lewis sales up 5.9% as warm weather boosts shopping
John Lewis sales rose 5.9% in the week to March 29 as shoppers basked in warm weather and bought gifts for Mother’s Day.
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NewsBreakfast briefing: Retail news on Tesco, the Booker Group and Walgreens
Retail news round-up on April 4, 2014: Booker Group sees sales soar, Tesco finance boss may leave, High Street outperforms retail parks, Walgreens sales grow 3.5%
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NewsEntries now open for Retail Week Rising Stars Awards 2014
Budding retail leaders are being invited to enter this year’s Retail Week Rising Stars Awards to get the chance to meet retailer and TV star Theo Paphitis at a glitzy black tie ceremony in London.
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NewsHigh street 'unexpected winner' as it remains resilient in face of administrations
High streets have emerged the “unexpected winners” after retail parks and shopping centres suffered more as a result of the 27 biggest administrations since 2009.