All News articles – Page 1453
-
NewsKnight Vinke: no objection to sale of Comet
Activist investor Knight Vinke has said it has no objection to Kesa selling its UK electrical chain Comet.
-
NewsSales improve at N Brown
Home shopping group N Brown has reported an improving sales trend but has sacrificed some margin to prompt shoppers to spend.
-
NewsCrate & Barrel to make a play for the UK
US homeware chain Crate & Barrel is planning to bring CB2, a smaller version of its store, to the UK.
-
NewsAmazon to acquire online rival The Book Depository
Amazon has reached an agreement to acquire fast-growing online bookseller The Book Depository.
-
NewsForever 21 to open new flagship at Lakeside
US fashion giant Forever 21 is to open a store at Lakeside, Essex, Retail Week can reveal.
-
NewsAquascutum to open stores in Milan and Rome
Luxury British fashion brand Aquascutum has pushed the button on expansion plans and is set to open its first stand-alone stores overseas in the next year.
-
NewsKnight Vinke urges Comet demerger rather than sale
Knight Vinke, the activist investors with a 20% stake in Kesa, has urged the electricals group not to sell UK chain Comet.
-
NewsWaitrose targets London for convenience store format
Supermarket chain Waitrose is to open 20 “Little Waitrose” convenience stores in and around London over the next 18 months as it goes head-to-head with Marks & Spencer on the high street and Ocado online.
-
NewsGarden Centre Group up for sale
Garden Centre Group (GCG), formerly known as Wyevale, is due to be put up for sale by its main lender Lloyds Banking Group next month.
-
NewsSelect set to open 30 new stores
Young fashion chain Select is set to bolster its store portfolio with 30 store openings this year.
-
NewsMoonpig in exclusive sale talks with Photobox
Moonpig is in exclusive sale talks with online photo business Photobox, which is interested in acquiring the online greetings card retailer.
-
NewsCSL sales up as it plots South East expansion
Sofa retailer Csl has reported like-for-like sales growth of 6% in the nine weeks to June 26 amid a punishing big ticket trading environment.
-
NewsNext nets £65m as it sells its customer service business Ventura
Fashion chain Next has sold its third party customer service business Ventura to support services company Capita for £65m.
-
NewsBrightHouse EBITDA jumps despite economic gloom
Rent to buy electricals and furniture retailer BrightHouse has defied the economic gloom by posting a 16.4% rise in underlying EBITDA to £39.7m in the year to March 31.
-
NewsAl Fayed returns to retail by snapping up etailer Cocosa
Former Harrods owner Mohamed al-Fayed has made a return to retail by acquiring online retailer Cocosa.
-
NewsJane Norman’s former life
Sometimes the wires get crossed even in the rocket-scientist world of the City bankers.
-
NewsJudith McKenna promoted to become Asda chief operating officer
Asda has named Judith McKenna as chief operating officer, succeeding Simon King.
-
NewsStart of Clearance fires John Lewis sales
John Lewis sales soared 18.2% excluding VAT in the week to 25 June, with the start of its Clearance sale driving a strong week.
-
NewsTesco row hits supplier profits
Food giant Premier Foods has partly blamed a proft warning on the delisting of some of its Hovis products by Tesco.
-
NewsEx-Tesco man McCann resurfaces at Ahold
Highly rated former Tesco and Carrefour man James McCann has joined Dutch grocer Ahold in a new role of chief commercial and development officer.