All News articles – Page 1555
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NewsKPMG earns £11.3m fees from First Quench collapse
Accountancy firm KPMG earned fees of £11.3m from the administration of off licence group First Quench.
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NewsAsos launches graduate collections
Asos is launching two graduate collections on Friday through its new MA}ke initiative.
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NewsThe Co-op launches £200m Christmas promotional package
The Co-operative Group is offering shoppers a £200m Christmas promotional package.
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NewsPrimark's Oxford Street store sets sales record
Primark notched up record sales of £820,000 at its flagship store on London’s Oxford Street on Saturday, according to newspaper reports.
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NewsFindel profits up as it seeks to raise £80m through rights issue
Mulitchannel specialists Findel operating profits more than doubled from £0.9m to £1.9m in its home shopping arm in the 26 weeks to October 1.
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NewsCo-op members donate £1.2m of their dividend to good causes
Co-operative Group members have donated £1.2m of their interim dividend to charities and community groups.
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NewsOddbins launches new format in bid to make profit
Oddbins has launched a smaller format under the name Oddies as it aims to return the business to profit.
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NewsTopps Tiles profits and sales up
Topps Tiles pre tax profit grew from £9.9m to £12.4m in the 53 weeks to October 2 as the retailer kept a tight control on costs.
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B&Q expands data management to support website launch
B&Q will expand the use of its data management system by launching a website that will use it to represent the 12,500 product lines of its Tradepoint brand next year.
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NewsFewer public sector jobs to be axed than initially forecast
The Government is expected to make fewer public sector job cuts than first anticipated, with the Office for Budget Responsibility adjusting its estimate down to 330,000 from 490,000.
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NewsJohn Lewis to open in Middle East, according to reports
John Lewis is understood to be in talks to open department stores across the Middle East, according to reports.
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NewsAll Saints boss Stanford forced to pay out £2.5m
Retail entrepreneur Kevin Stanford has reportedly been forced to pay out £2.5m of his own money after personally guaranteeing a bank loan to his former premium womenswear business Ghost which fell into administration in 2008.
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Online sales set to surge today as Mega Monday begins
Today is predicted to be one of the busiest internet shopping days according to retail experts as the Christmas shopping season begins in earnest.
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NewsWaitrose sales up 10.6% last week
Upmarket grocer Waitrose revealed sales up 10.6% to £103m for the week ending November 27, as customers stocked up on Christmas goodies.
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NewsBlack Friday sales edge higher in US
Black Friday, the post-Thanksgiving US sales day, has seen a slight rise in sales compared to last year according to early reports.
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NewsWalmart set to acquire 51% of Massmart
US grocery giant Walmart has confirmed its intention to acquire 51% of South African general merchandise and food retailer Massmart.
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NewsOffice edges closer to £150m deal with Silverfleet
Retail entrepreneur Sir Tom Hunter has entered exclusive talks with private equity firm Silverfleet Capital to sell footwear retailer Office for about £150m.
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NewsLondon's West End retailers score £250m weekend sales
Retailers in London reported a bumper start to the festive shopping season with shoppers splashing out more than £250m in the West End over the weekend.
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NewsValue of online grocery sales to double to £9.5bn
The value of grocery shopping on the internet is predicted to nearly double to £9.5bn in five years, according to grocery research house IGD.
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NewsJohn Lewis records weekly sales of £100m
John Lewis sales for the week ending Saturday November 27 were just shy of £100m, showing shoppers were not deterred by the snowfall across the country.