All News articles – Page 1541
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NewsAmazon MD Brian McBride steps down
Amazon UK managing director Brian McBride has stepped down from his role for health reasons.
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NewsAndy Bond steps down as Asda chairman
Asda chairman Andy Bond has stepped down from his position to focus on Walmart’s Massmart acquisition in South Africa and will leave once that deal is completed, expected at the end of March.
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NewsAmazon eyes £200m Lovefilm deal
Online retail giant Amazon is reportedly closing in on a deal to buy Lovefilm which could value the movie rental service at nearly £200 million.
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NewsRetailers fear tough year as VAT rise kicks in
Retailers, which saw shoppers flood the high street in the new year in a bid to beat today’s VAT increase, are braced to phase in price increases in the coming weeks.
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NewsThe White Company reveals strong Christmas trading
Furniture and fashion retailer The White Company experienced a 24% surge in Christmas sales as gifts, clothing and fragrance helped pull in shoppers.
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NewsSir Stuart Rose ends six-year tenure at M&S
Sir Stuart Rose will step down as chairman of Marks & Spencer today as he hands over the reins to former investment banker Robert Swannell.
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NewsBlacks reports strong December sales
Blacks Leisure performed “very strongly” in December with like-for-like sales in its outdoor business up 10.2% for the month.
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NewsBluewater records highest ever Christmas footfall as Sales pull in crowds
Shopping Centre Bluewater said it experienced a record Christmas, recording its highest ever footfall of 28.1 million.
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NewsThe Co-op launches food ad campaign
The Co-operative Group has launched an advertising campaign for its food stores focusing on the importance of celebrating quality family time.
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NewsMorrisons launches biggest ever Price Crunch
Morrisons is pledging to cancel out the effects of today’s rise in VAT by slashing prices, with January savings totalling £210m.
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NewsJJB to ask shareholders for further £50m
Troubled sports chain JJB Sports is expected to ask investors for a further £50m following the £31.5m promised before Christmas, according to reports over the weekend.
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NewsTesco kicks off £340m of price cuts
Tesco has kicked off a £340m investment to cut several product lines in a new year blitz.
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NewsSeasonal footfall up at Glasgow's St Enoch
Glasgow’s St Enoch shopping centre recorded a 20% year-on-year rise in footfall during Christmas week as shoppers avoided the cold weather and chose to do their shopping under cover.
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NewsAsda reports "good" Christmas performance
Asda has reported a “good performance” in the run-up to Christmas, despite Arctic weather conditions.
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NewsTed Baker and Lush founders awarded New Year honours
Leading retail entrepreneurs are among the business people recognised in the New Year Honours List.
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NewsHunter rescues Cruise and partners with Van Mildert
Sir Tom Hunter has rescued Cruise from administration and entered into a joint venture agreement with Van Mildert, which will see the Middlesbrough mini-chain take control of all of Cruise’s buying.
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NewsJohn Lewis breaks sales records
John Lewis has smashed its single day’s sales record during its post-Christmas Clearance.
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NewsFamilies are £6 a week worse off, Asda claims
The average UK family has £6 less per week to spend than it did a year ago, according to Asda’s latest Income Tracker report.
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NewsStrong Christmas trading at Hammerson centres
Shopping centre owner Hammerson has reported a strong start to the post-Christmas Sales period, with 2.25 million shoppers visiting its nine regional shopping centres over the three days from Boxing Day.
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NewsHarvey Nichols reports record Sale
Harvey Nichols, the luxury department store business, said that its post-Christmas Sale had broken records despite tube strikes in the capital, reduced trading hours on Boxing Day and problems with transportation due to the snow.