All News articles – Page 1629
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NewsOcado outlines target depot and delivery efficiencies
Ocado has outlined the delivery and depot efficiencies it is aiming to reach at its Hatfield depot in a bid to maximise profitability.
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NewsSir Philip Green aims to open more retail academies
Arcadia owner Sir Philip Green is considering opening more shopkeeping schools after the success of London’s Fashion Retail Academy.
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NewsLloyds sells TM Lewin stake
Lloyds Banking Group is to sell its portfolio of 40 private equity investments including shirtmaker TM Lewin.
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NewsHeston Blumenthal to launch new food range for Waitrose
Celebrity chef Heston Blumenthal has developed a range of food for Waitrose customers allowing them to try some of his more eccentric offerings.
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NewsTesco understood to be interested in Carrefour’s Asian operations
Tesco is understood to be among the leading supermarket chains interested in parts of French giant Carrefour’s assets in Singapore, Thailand and Malaysia.
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NewsOcado expects £1.18bn IPO valuation
Home shopping group Ocado has set a price range of between 200p to 275p per share for its IPO and expects a market capitalisation of about £1.18bn.
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NewsN Brown sales hit by election uncertainty
The new government and uncertainty surrounding the measures in the emergency budget has led to a more subdued period of trading for home shopping group N Brown.
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NewsThe Retail Trust launches second Search for a Star competition
The Retail Trust has launched its second ‘Search for a Star’ competition after a successful hunt for the best musical talent in the retail sector last year.
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NewsJohn Kinnaird plans to launch new shoe chain
Retail entrepreneur John Kinnaird is reportedly plotting a return to retail with the launch of a new footwear chain.
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NewsMy-Wardrobe receives £6m investment
Online fashion retailer My-Wardrobe has received a $9m (£6m) investment led by venture capital group Balderton Capital to drive the growth of the business.
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NewsLuxury retailers join forces to promote London overseas
Luxury retailers including Burberry and Louis Vuitton will join forces tonight to launch a campaign to attract wealthy overseas shoppers to London.
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NewsHouse of Fraser forecasts sales lift
Department store House of Fraser has forecast a sales increase as it announces the introduction of a range of multi-channel initiatives in a bid to improve the customer experience.
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NewsFuneral of Nick Samuel to take place on Thursday
The funeral of former Hobbs boss Nick Samuel will take place on Thursday.
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NewsSuperdrug reduces full-year losses
Superdrug has reduced its losses in the full year to December 26, 2009, by improving margins and reducing operating costs.
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NewsDFS owner to buy out Lord Kirkham’s remaining interest in the business
DFS owner Advent International is working towards a refinancing deal that would buy out the last remaining debt interests of its founder Lord Kirkham.
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NewsOcado to publish prospectus and start roadshow
Ocado is poised to publish its prospectus tomorrow and press ahead with a valuation of £900m-£1bn for its IPO.
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NewsTravis Perkins said it is making market share gains
DIY giant Travis Perkins’ retail division has reported like-for-like sales have declined 0.4% in the 26 weeks to June 30 but total sales have increased 2.1%.
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NewsTesco survives shareholder rebellion
Tesco faced rebellion over the pay and bonus packages it allocates to directors at its annual general meeting today with over 37% voting against the approval of the grocer’s remuneration report.
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NewsHollister US flagship infested with bedbugs
Hollister’s flagship store in New York has fallen victim to an infestation of bedbugs, leading to its closure on Wednesday.
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NewsJohn Lewis appoints operations director
John Lewis has appointed Dino Rocos as operations director, with responsibility for distribution and merchandising.