All News articles – Page 1220
-
NewsDixons falls to £22.2m first half loss as UK makes first profit in five years
Dixons’ UK business returned to the black in its first half for the first time in five years.
-
NewsOpCapita finally says “sorry” as 5,000 Comet employees face redundancy
Former Comet owner OpCapita has finally spoken out as 5,000 staff are set to be made redundant by Christmas.
-
News
Galeries Lafayette to open first store in Istanbul
French department store group Galeries Lafayette has signed an agreement with Turkish group Demsa to open its first store in Istanbul.The shop is to be located in the city’s Boulevardi Mall and is scheduled to open in the first half of 2015.Demsa operates 110 stores in Turkey and also has ...
-
News
Electronics specialist Darty to sell Italian business
French electronics specialist Darty is to sell its Italian business to DPS Group, while retaining a 15% stake.Darty will pay the electrical goods and services provider E3m (£2.4m) as part of the deal to offload its 20 stores. The transition will cost Darty about E11m (£8.9m). In its last fiscal ...
-
News
Foreign Investment Promotion Board deals Ikea India a blow
Ikea’s application to enter the Indian market has been dealt a blow by the government’s Foreign Investment Promotion Board (FIPB), The Economic Times reported.The FIPB, which approved the retailer’s application last week, has blocked Ikea from setting up its Swedish food markets or restaurants within its stores. FIPB ruled that ...
-
NewsRetailers cut back to cope with rates rise
Retailers are poised to slash investment and make redundancies if next year’s proposed business rates hike goes ahead.
-
NewsJ Crew signs for first UK store
J Crew has signed up for its first UK store, taking Burberry’s former Regent Street site.
-
NewsComet: List of stores to close next week
Comet is to close 12 stores on the December 3. Comet is to shut all of its stores by December 18 unless a buyer for the business can be found.
-
NewsMorrisons wades into tax row
Morrisons finance chief Richard Pennycook and Sainsbury’s boss Justin King have waded into the escalating row over corporation tax rules for foreign multinationals.
-
NewsShop vacancy rates fall to 2012 low
Shop vacancy rates in the UK decreased “significantly” in October to their lowest level in 2012.
-
NewsClive Coombes sets out rescue vision for Comet
Property tycoon Clive Coombes has set out his vision to rebuild Comet if he pulls off a last-gasp deal to save the electricals retailer.
-
NewsLidl doubles size of premium range after sales rocket
Lidl has doubled the number of lines in its premium range after sales soared 200% last year.
-
NewsEBay to launch social media pop-up store
EBay is opening a social media-led pop-up shop on Friday on what the retailer expects to be its busiest online shopping weekend.
-
NewsAll Comet stores set to close before Christmas
Comet is to shut all of its stores by December 18 and close its distribution centre this week unless a buyer for the business can be found.
-
News
C&A rolls out click-and-collect services
Clothing retailer C&A has rolled out click-and-collect services across its operations in Germany.The service will allow customers to pick up items ordered online from any C&A store, at no extra charge. It came a week after rival retailer Karstadt unveiled a similar service.“With click-and-collect, we come one step closer to ...
-
News
Amazon introduces Black Friday and Cyber Monday to France and Germany
Amazon has introduced Black Friday and Cyber Monday to its customers in France and Germany, with lightning deals and special offers to drive Christmas sales.As the promotion ran for its third year in the UK, ‘Le Black Friday’ and ‘Cyber Monday Woche’ entered the vocabulary of customers in Europe.Apple, Rakuten’s ...
-
News
Walmart takes action over corruption probe
Walmart has suspended several associates of its joint venture company Bharti Walmart as part of an ongoing corruption probe.Walmart has not disclosed the nature of its inquiry or the specific allegations it is looking into.
-
News
Grocer X5 takes steps to improve performance of Pyaterochka stores
Grocer X5 is to implement three measures to improve the poor performance of its Pyaterochka supermarkets.The retailer plans to unify its product assortment by offering 500 best-selling items in all stores.Pyaterochka will expand its fruit and vegetable range and improve its store layout and shopping experience. X5 also intends to ...
-
NewsPhase Eight to open first West End store
Womenswear retailer Phase Eight will unveil its first West End store in February showcasing a new store design.
-
NewsEvans Cycles unveils Sir Chris Hoy as brand ambassador
Six-time Olympic champion Sir Chris Hoy has been unveiled as Evans Cycles’ new brand ambassador.