All News articles – Page 1702
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NewsTesco opens first zero carbon supermarket
Tesco has opened what it claims is the world’s first zero carbon supermarket in Ramsey, Cambridgeshire and has pledged to spend over £100m with UK green technology companies.
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NewsShop price inflation up 2.3% in January
Shop price inflation was slower than expected in January, rising 2.3% as many retailers held off passing on the VAT rise that came into effect at the start of the year.
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NewsSports Direct lines up criminal QC
Sports Direct is understood to be lining up a leading criminal QC to advise founder Mike Ashley.
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Card Factory appoints KPMG to advise on sale
Greetings card retailer Card Factory has appointed KPMG to advise on a sale of the business, which could fetch up to £400m.
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NewsSnow hits Carpetright sales
Carpetright group sales grew 7% in the 13 weeks to January 30 as snow last month hit sales.
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NewsDiamonds & Pearls set to hit buffers for second time
Updated: Jewellery retailer Diamonds & Pearls has filed a notice of intention to appoint an administrator at the high court.
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NewsAsda’s market share growth halted as Tesco hits back
Supermarket group Asda’s market share growth has come to halt after a fightback by Tesco, latest market share data shows.
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NewsLipsy in design collaboration with Pixie Lott
Young fashion brand Lipsy has teamed up with Pixie Lott on a range co-designed by the popstar.
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NewsNew Look confirms IPO
New Look has confirmed that it will float on the stock exchange, poised to value the fast fashion retailer at £1.7bn.
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NewsAnger over Marc Bolland’s M&S pay deal
Investors and shareholder advisory groups have criticised the pay package awarded to incoming Marks & Spencer chief executive Marc Bolland.
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NewsMorrisons to launch legal case against former Safeway chairman
Morrisons has launched a legal case against former employees of Safeway including its former chairman David Webster to recoup up to £16.4m it faces for alleged dairy price fixing with other retailers.
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NewsMarc Bolland to join Marks & Spencer on May 1
Marc Bolland is to take up his role as chief executive of Marks & Spencer on May 1.
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NewsBeaverbrooks cuts back on spending as profits fall
Jewellery specialist Beaverbrooks has cut back on spending after pre-tax profits fell from £4.6m to £200,000 last year.
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NewsNew Look prepares for March IPO
New Look is preparing for an inital public offering in March that could value the fast fashion retailer at up to £2bn.
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NewsHMV acquires Mama Group
HMV has acquired Mama Group after receiving an adequate level of acceptance from the live music group’s shareholders.
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NewsJohn Lewis to open Olympic Games shop
John Lewis is to open an official Olympic Games shop at its Stratford store as it has been appointed official retailer to the London Olympics.
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NewsSales of locally-produced food soar
Nearly a third (30%) of shoppers say they have bought locally-produced food over the last month, double the number in 2006.
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NewsMorrisons to train 5,500 apprentices
Morrisons is to reveal that 5,500 of its staff have signed up to a state-funded apprentice scheme in a boost to the Government’s push to promote training in the UK.
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NewsJohn Lovering to make bid for DFS
Veteran retailer John Lovering has teamed up with private equity firm Permira to put together a deal for furniture retailer DFS valued at more than £500m.