All News articles – Page 1526
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NewsFormer owners buy 12 Suits You stores
Peter Lucas and Arafa Holding, the former owners of collapsed menswear chain Suits You, have acquired 12 of its 66 stores through Baird Group and relaunched them under the Suitdirect fascia.
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NewsFormer M&S boss Rose and Waitrose chief Price named Government happiness advisors
Former Marks & Spencer chairman Sir Stuart Rose and Waitrose managing director Mark Price have both been named members of the advisory panel set up to measure happiness.
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NewsSir Terry Leahy calls on governments to ensure low-carbon growth
Tesco chief executive Sir Terry Leahy has called on governments around the world to work with private companies to ensure innovation in low-carbon growth is not hindered by red tape.
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NewsBeales narrows losses by a third
Beales, the independent department store chain, has reduced its full year losses for the third year running.
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NewsPace of retail growth slowing, CBI reports
Retail sales volume rose in the early part of January but store chiefs expect the pace of growth to slow.
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NewsH&M final quarter profits hit by cotton price hikes
H&M, the Swedish fast fashion chain, said that profits fell in the final three months of its financial year after being impacted by the rising price of cotton.
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News84% of retailers will pass on VAT rise in full
More than eight out of 10 retailers plan to pass on in full the VAT rise that came in to effect on January 4.
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NewsEverything Everywhere to launch contactless payment on mobiles
Retailer and operator Everything Everywhere, the company created from the merger between T-mobile and Orange, will launch a contactless payment service that allows customers to pay on the mobiles by early summer.
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NewsWolfson attacks planners for holding back economy
Next chief executive Lord Wolfson of Aspley Guise has attacked planners for holding back economic growth.
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NewsTesco's incoming boss sets up executive committee
Incoming Tesco group chief executive Philip Clarke has set up an executive committee to take effect on March 1 when he succeeds Sir Terry Leahy.
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NewsWH Smith AGM blow
WH Smith suffered a blow at its AGM yesterday when nearly a third of its shareholders who voted refused to back the remuneration report.
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NewsAsda Income Tracker: average family's spending power suffered largest fall on record in December
The average family’s spending power fell by £8 per week in December, the largest fall on record since the Asda Income Tracker began in January 2007.
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NewsSainsbury's appoints non-exec from Google
Sainsbury’s has appointed Matt Brittin from Google as a non-executive director.
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NewsArgos-owner Home Retail ran slide-rule over Blacks
Argos-owner Home Retail Group was among the potential bidders for outdoors specialist Blacks Leisure, it has emerged
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NewsAlexon warns on profits despite sales improvement
Womenswear group Alexon, which includes the Ann Harvey and Kaliko chains, reported group like-for-like sales up by 13.3% in the five weeks to January 22 but issued a second profit warning after gross margins were eroded.
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NewsTesco to standardise stock management globally
Tesco is overhauling its stock reduction process as part of its ongoing bid to standardise IT across its business.
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NewsIn Focus: Poundstretcher
Poundstretcher has become one of the forgotten names of UK retailing, despite being a significant player in the evolution of the variety store into value retailing.
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NewsHaldanes readies hard discounter model Ugo
Independent food group Haldanes is to invest in a raft of initiatives to revitalise the hard discounter model when it launches its “Netto plus” chain at the end of April.
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NewsLush temporary website to open next week in response to cyber-attack
Ethical beauty retailer Lush is to open a temporary website next week, having closed its UK site after it was targeted by hackers.
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NewsOne in three retailers to cut back staffing levels
More than a third of retailers plan to reduce staffing levels in the next three months, compared with just 13% this time last year, and only 4% plan to increase them.