All News articles – Page 1633
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News
US Senate backs cap on debit card fees paid by retailers
The US Senate has voted in favour of including a cap on debit card fees in the financial services reform bill.
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NewsAldi invests in solar energy project
Aldi has installed a set of solar panels on the roof of its West Oxford store in a partnership with West Oxford Community Renewables Ltd (WOCR) and solar technology supplier Joju.
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NewsCarphone Warehouse buys software to cut online fraud
Carphone Warehouse is to use Accertify’s Interceptas software in its attempt to prevent online fraud.
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NewsTheo Fennell performance improves after founder's return
Upmarket jeweller Theo Fennell has reported improving business after a year of restructuring and the return of its eponymous founder in June last year.
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NewsMoss Bros hires Robin Piggott as group finance director
Menswear retailer Moss Bros has appointed Robin Piggott as group finance director with immediate effect.
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NewsLiberty chief executive Geoffroy de La Bourdonnaye steps down
Liberty chief executive Geoffroy de La Bourdonnaye has stepped down from the premium London department store, following its sale to private equity firm BlueGem Capital Partners.
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News
Shopworkers’ union backs David Miliband as Labour leader
Shopworkers’ union Usdaw has put its support behind David Miliband to succeed Gordon Brown as leader of the Labour Party.
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NewsBeales profits surge as revenue dips
Department store Beales pre-tax profit surged 67% to £909,000 in the 26 weeks to May 1.
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NewsMatalan sales and profits climb
Value fashion and homewares retailer Matalan has posted a 30% increase in annual profits.
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NewsAmerican Apparel renegotiates debt covenants
American Apparel, the US fashion chain, has agreed a deal with its creditors and attracted a billionaire investor, ensuring that it would avoid breaching its debt covenants.
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NewsH&M to launch UK ecommerce site on September 9
H&M will allow its newsletter subscribers to shop exclusively on its UK ecommerce website on September 9, before opening it up to shoppers a week later.
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NewsBurberry launches interactive ad campaign
Luxury retailer and brand Burberry has developed an interactive digital advertising campaign for its Autumn 10 collection that allows users to control the cast and products in each shot.
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NewsFathers' Day helps lift John Lewis sales
Department store chain John Lewis generated a 13% sales rise to £52.5m last week and is poised to launch its Sale this Saturday.
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NewsWarren Buffett increases stake in Tesco
Legendary investor Warren Buffett has increased his stake in supermarket group Tesco and now holds just over 3% of the grocer’s shares.
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NewsSainsbury’s shuffles management team
Sainsbury’s is to appoint a marketing director to report to newly promoted group commercial director Mike Coupe as part of the management reshuffle revealed this week.
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NewsRepublic looks to grow with multichannel pilot
Republic is to trial multichannel services from September as part of plans to accelerate the business following its sale to private equity house TPG for £300m.
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NewsIn Focus: Monsoon
Clothing and accessories retailer Monsoon has been caught in a domestic storm as UK profits have suffered while management is focused on creating a global brand.
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NewsStruggling Game warns of loss in first half
Continued declining sales and a likely interim loss at computer entertainment specialist Game prompted downgrades by analysts.
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NewsRetailers in favour despite hike in VAT
Retailers can live with the effects of Tuesday’s emergency Budget: that was the snap judgement of store chiefs and investors alike to the Chancellor’s announcement.
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NewsRetail recovery remains on course despite VAT rise
Leading retailers have reacted with relief to this week’s emergency Budget and are confident that it won’t derail the retail recovery.