All News articles – Page 1212
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NewsTesco close to hiring UK boss
Tesco is close to hiring a UK chief executive, with chief operating officer Chris Bush emerging as a frontrunner for the role.
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NewsFormer Baugur boss charged with fraud
The former boss of Icelandic investment group Baugur, which owned stakes in a raft of British retailers, including Hamleys, House of Fraser and Iceland, has been charged with fraud.
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NewsWest End footfall surges 17.7% on Saturday
West End retailers enjoyed a 17.7% surge in footfall last Saturday with sales over the weekend totalling more than £200m.
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NewsLondon Underground drivers confirm Boxing Day strikes
London Underground drivers are due to go on strike on Boxing Day in a row over pay, disrupting one of the busiest shopping days of the year for retailers in the capital.
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NewsShutl to give men a lift over the festive period
Shutl, the super-quick fulfilment firm used by retailers including Oasis and Warehouse, is used to helping shoppers in need of an urgent fashion fix.
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NewsDFS widens customer base with French Connection tie up
DFS profits soared in the first quarter as the sofa giant widened its customer base with the launch of new ranges and a change in tone in its advertising.
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NewsChinese visa changes set to add £1.2bn to UK economy
The UK China Visa Alliance (UKCVA), which is spearheaded by firms including New West End Company, London First and Walpole British Luxury, believes the move to streamline Chinese Visa policy could provide a £1.2bn boost to the UK economy.
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NewsGovernment opens first pop-up shop to help boost high streets
The Government has opened its first ever pop-up shop in Whitehall today as part of its bid to help revitalise high streets.
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NewsRiver Island to open its largest London store at Park House
River Island is to open its largest London store at Park House, the new development on Oxford Street.
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NewsAsda boss Andy Clarke takes on IGD role
Asda chief executive Andy Clarke has been appointed vice-president of the IGD while Mars boss Fiona Dawson will become president.
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NewsBlackwell's losses narrow despite falling sales
Blackwell’s narrowed its losses last year after disposing of its Dutch subsidiary Houtschild for €1m in June.
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NewsB&Q kickstarts winter Sale
B&Q has kickstarted its winter Sale today across its 360 stores and website.
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NewsLondon's West End set for £25m investment
London’s West End has secured £25m investment over the next five years, after retailers voted to keep the New West End Company managing the area.
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NewsHMV eyed by Apollo Global Management
Struggling entertainment retailer HMV is being eyed for a takeover by Apollo Global Management, one of the world’s largest investment groups.
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NewsComet's former backers to share £50m payout
The former backers of electricals retailer Comet will be paid £50m after the business crashed into administration last month.
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NewsJohn Lewis delivers second record week
Department store retailer John Lewis delivered a second record week in a row as sales surged 11.1% to £147.8m year on year in the week to Saturday, December 15.
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NewsOnline sales surge sparks Staples store closures
Office supply and stationery retailer Staples will close 23 stores as it reshapes its business in light of its growing online sales.
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News'HMV still has a place on the high street', insists chief executive Trevor Moore
HMV’s new boss Trevor Moore has insisted there is a demand for a high street entertainment retailer despite HMV warning that it may breach its banking covenant at the end of January.
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NewsDFS EBITDA soars 17.2% in first quarter
Sofa retailer DFS recorded a 17.2% EBITDA surge to £10.2m in its first quarter continuing “the positive performance” of the second half of last year in “what remains a challenging market”.
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NewsJohn Lewis posts record week driven by Mega Monday
John Lewis delivered its best-ever performance last week, with sales up 15% to £142m driven by online sales on Mega Monday on December 3.