All News articles – Page 1180
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NewsFormer Game boss Ian Shepherd joins retail executive search firm Barracuda
Former Game chief executive Ian Shepherd is to take up a role at headhunter Barracuda Search to lead its new digital division.
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NewsVideo: John Lewis Partnership reports 17% bonus as profits soar 15.8%
John Lewis Partnership staff will receive bonuses worth 17% of salary after the group reported a 15.8% surge in full year pre-tax profits.
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NewsDixons sells B2B IT solutions business as it refocuses
Dixons Retail has sold its business-to-business IT firm Equanet as the electricals retailer seeks to refocus on its key markets.
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NewsHMV Guernsey follows parent company into adminstration
HMV Guernsey, where the entertainment retailer has one store, has followed its parent company and plunged into administration.
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NewsPawnbroker H&T full-year profits plunge as gold margins squeezed
Pawnbroker H&T Group full-year pre-tax profits plunged 27.7% to £17m due to “competitive gold margins” and store expansion costs.
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NewsVision Express finds right frames for Fiennes
Vision Express faced a tall order when it worked with explorer Sir Ranulph Fiennes to find glasses that would not break in extremely cold temperatures.
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H&M reportedly in discussions to open first store in the Philippines
H&M is reportedly in discussions to open its first stores in the Philippines.The Swedish fashion retailer is in negotiations with local franchisor SM Retail, although talks are believed to still be in the early stages.If an agreement is signed, it would be SM’s third major global clothing brand after Forever ...
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Grocery retailer Auchan reveals new supermarket format
Grocery retailer Auchan has revealed its long-awaited new supermarket format dedicated to fresh and gourmet food.It has been branded Arcimbo, after the Italian Renaissance painter Arcimboldo.
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NewsMonsoon hires George at Asda’s Kevin Rusling as international director
Monsoon Accessorize has poached former George at Asda and Marks & Spencer executive Kevin Rusling as its international director.
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Carrefour Express to adopt new franchise model
Carrefour Express is to adopt a new franchise model in Greece. The French grocery retailer’s franchisee in Greece, Marinopoulos, plans to franchise 20 to 25 stores a year under the model.The franchises can last for a maximum of seven years, but the agreement can be extended.The initiative is likely to ...
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NewsIkea UK profits down as it invests to grow its market share
Ikea UK profits fell last year as the retailer invested in shopper experience to stay ahead in the tough big ticket market.
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NewsFashion etailer Style Passport plunges into voluntary liquidation
Style Passport, the online fashion retailer set up by former Marie Claire fashion editor Sarah Walter, has been placed into voluntary liquidation.
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NewsDreams founder Mike Clare vows to launch new 200-store beds business
Dreams founder Mike Clare has vowed to start up his own beds retailer by the summer after failing to buy back the business last night
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NewsOxford Street redevelopment plans approved by Westminster Council
Plans to transform the eastern end of Oxford Street have been approved by Westminster Council, in the next phase of redevelopment.
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NewsIkea partners with Marriott to launch budget hotel venture
Swedish furniture giant Ikea is to open a string of budget hotels across western Europe and has teamed up with hotel giant Marriott International to support the venture.
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NewsFood price inflation reaches lowest point in five months
Food price inflation fell to a five-month low last month as upward pressure from rises in wheat and corn prices in previous months began to ease.
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NewsAurora Fashions to be broken up in radical restructure
Aurora Fashions, which owns brands Coast, Oasis and Warehouse, is to break up the business in a move which will see its top team including chairman Derek Lovelock and chief executive Mike Shearwood depart the business.
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NewsTesco’s Clubcard TV goes live today to 16 million card holders
Tesco’s Clubcard TV goes live today to its 16 million Clubcard holders.
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Schwarz Group ramps up Spanish investment
Germany-based Schwarz Group is ramping up its operations in Spain and has earmarked a sum of E120m (£103.6m)for investments in its Spanish Lidl network this year.That is 20% more than last year, when the retailer opened 14 stores and remodelled another 65 in Spain.
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Carrefour's franchisee Label'Vie to invest in Morocco
French retailer Carrefour’s franchisee Label’Vie plans to invest MAD800m (£62.1m) in Morocco.The investment programme will focus predominantly on smaller cities. Two Carrefour hypermarkets are to open in Fez and Oujda, close to the border with Algeria.Following the rebranding of its cash and carry Carrefour Maxi banner to Atacadão, five new ...