All News articles – Page 1144
-
NewsPrimark updates on Bangladesh short-term assistance plan
Primark is set to pay out three months’ wages to factory employees or dependents of those impacted by the Rana Plaza factory collapse as part of its short-term assistance plans.
-
NewsSports Direct to close 20 Republic stores after landlords reject rent reduction
Sports Direct is to close 20 Republic stores after major landlords failed to back its cut price rent proposal for the chain.
-
NewsDwell founder vies to buy back firm as restructurers circle
Dwell’s founder is among potential buyers circling the troubled furniture chain after it emerged last week it has hired advisors to find a buyer.
-
NewsInfographic: Promotions boost John Lewis sales
John Lewis sales jumped 8.4% in the week to June 1, against tough comparativen, driven by increased promotional activity.
-
NewsAnalysis: French Connection’s turnaround plan is looking positive
The latest results from beleaguered fashion retailer French Connection might not exactly have merited a toast among shareholders last month, but there were probably sighs of relief.
-
NewsIceland posts profit rise after strong second half performance
Iceland has notched up a profits rise after staff responded to a rallying cry from bosses when it seemed earnings could slip back.
-
NewsIan Cheshire urges British retailers to expand abroad
Kingfisher boss Ian Cheshire has urged British retailers to look abroad for growth in the downturn as he revealed ambitions to acquire “bolt-on sites” for the retailer’s French and Turkish operations.
-
NewsM&S boss Bolland misses out on potential bonus
Marks & Spencer chief executive Marc Bolland missed out on more than half of his potential annual bonus last year but his reward package still totalled £2.14m.
-
NewsFormer Reiss ecommerce director Dan Lumb to join footwear brand Hunter Boot
Former Reiss ecommerce director Dan Lumb is to join footwear brand Hunter Boot as online global director.
-
NewsAldi outpaces grocery market while Sainsbury's leads the big four
Sainsbury’s was the only grocer among the big four to grow share in the four weeks to May 25, while Aldi recorded the strongest sales growth in the sector.
-
NewsSainsbury's chief executive Justin King's pay package jumps 23%
Sainsbury’s chief executive Justin King’s pay package jumped more than 20% last year to £4.3m.
-
NewsJaeger finance director Graham Edgerton departs the retailer after 10 years
Jaeger finance director Graham Edgerton has exited the retailer after 10 years, it is understood.
-
NewsProfile: Richard Pennycook, permanent chief executive of the Co-operative Group
Richard Pennycook has today (September 4) been named permanent chief executive of the Co-operative group after taking on the role on an interim basis in March. Retail Week profiled him when he joined as finance director in 2013.
-
NewsEtailer Kitbag to launch overseas to target foreign football fans
Findel is to expand its online sportwear etailer Kitbag overseas amid surging demand from foreign football fans.
-
NewsPrimark begins Bangladesh factory building surveys
Primark has started surveying the Bangladesh factories it uses to guarantee their structural integrity in the wake of the Rana Plaza collapse.
-
NewsIkea founder and chair Ingvar Kamprad steps down
Ikea’s founder and highly influential chairman Ingvar Kamprad is stepping down from the board, as the control of the company shifts to his sons.
-
NewsTesco to scale back on DIY, toys and electricals in-store
Tesco is to scale back DIY products, car accessories, small home appliances, and toys in store as the grocer’s non-food categories pulled down performance in its first quarter.
-
NewsBooths hires former Best Buy exec as retail director
Booths has appointed the former retail director of the failed UK arm of electricals giant Best Buy to the same role at the upmarket northern grocer.
-
NewsRiver Island prepares to open stores in Australia after dedicated website launch
River Island is scouring Australia for stores and has launched a dedicated website in the country today.
-
NewsFortnum & Mason to open first new UK standalone store in 306 years
Fortnum & Mason has revealed plans to open a 2,000 sq ft store at London’s King’s Cross St Pancras station.