All News articles – Page 1696
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NewsSupergroup announces intention to float
Supergroup has announced its intention to raise £125m by floating on the London Stock Exchange.
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NewsDoubts raised over Ocado IPO
Doubts have been raised about the stock market flotation potential of Ocado, after it emerged that Waitrose is to launch a competing online operation in central London within two years.
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NewsLondon retail sales growth hits five-year low in January
Retail sales growth in London hit a five-year low in January, hampered by the bad weather and less discounting than the same time last year.
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NewsNew Look IPO shelved
New Look has pulled its IPO process, citing an unfavourable market backdrop.
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Chip and PIN flaw can lead to fraud
Cambridge University researchers have found a flaw in the Chip and PIN system that could open the door to fraud.
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NewsTesco chief Sir Terry Leahy slams ombudsman
Tesco chief executive Sir Terry Leahy hit out at plans for a supermarket ombudsman, saying a watchdog would work in the interests of suppliers rather than consumers.
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Very launches maternity range with Denise van Outen
Very.co.uk is launching a new maternity range with television presenter Denise van Outen.
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NewsPaperchase forced to defend itself after Twitter campaign
Stationery and card specialist Paperchase was forced to defend itself yesterday after being targeted by a Twitter campaign.
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NewsHome Bargains launches £25m Northern Ireland expansion programme
Value retailer Home Bargains has launched a £25m expansion programme under which it will open in Northern Ireland for the first time.
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NewsWeak comps help John Lewis to strong week
John Lewis sales were up 31.9% last week, helped by weak comparatives from last year when heavy snow hit most of the country.
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NewsNew Look board meets as doubts rise over IPO
Fashion retailer new Look’s board will decide today whether to proceed with an IPO as fears rise that a flotation may be impossible.
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NewsJohn Lewis simplifies multichannel system
John Lewis is implementing an order management system to improve its ordering and returns operation in an effort to offer a seamless service across its shopping channels.
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NewsPeterborough Garden Park opens this week
Garden Park Investments’ £25m Peterborough Garden Park opened its doors this week.
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Shoprite to sell Indian operations to Future Group
Shoprite is preparing to sell its operations in India to Future Group, according to unconfirmed reports in the local media.It has been rumoured that Future Group is ready to buy the Shoprite store in Mumbai, and take on the employees there.Shoprite has reportedly called off its franchisee deal with Indian ...
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Lowe’s opens first store in Mexico
US-based home improvement chain Lowe’s has opened its first store in Mexico, in the northern industrial city of Monterrey.The retailer has made a $100m (£61.6m) investment in the Latin American country and plans to open five stores in the Monterrey area over the next few years.
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Mobile phone retailer Svyaznoy to offer financial services
Local mobile phone retailer Svyaznoy is to offer financial services in its stores following the chain’s merger with Russian bank Promtorgbank. 100% of Svyaznoy securities and an 87% stake in Promtorgbank will be assigned to a new company. Svyaznoy owner and founder Maksim Nogotkov will retain a controlling stake in ...
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NewsDutch fashion player McGregor launch for UK
Upmarket Dutch sportswear retailer McGregor is on the hunt for its first UK stores.
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Sales rise at LVMH’s Selective Distribution
LVMH has reported a 4% year-on-year rise in sales at its Selective Distribution business, which includes Sephora and DFS, its luxury duty free arm, to €4.38bn (£3.9bn).Profit from recurring operations was flat at €388m (£349m). LVMH said: “Sephora had a good year with further growth in revenue and profit from ...
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NewsEbay’s designer fashion first takes on specialists
EBay’s exclusive Narciso Rodriguez collaboration mirrors tactics of H&M and Gap
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NewsMore retail deals on private equity’s radar
Renewed private equity activity and low retailer valuations raise the likelihood of another round of public-to-private deals, Oriel analysts believe.