All News articles – Page 1770
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NewsInterest rates held at 0.5%
Interest rates have been held at 0.5% by the Bank of England for the sixth consecutive month.
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NewsSerious Fraud Office probes JJB and Sports Direct
Following the launch of an OFT inquiry into the sports retail market, it has emerged that the Serious Fraud Office has begun an investigation into JJB Sports and Sports Direct.
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NewsJJB sparks OFT 'cartel' investigation
Sports group JJB has taken concerns about possible cartel activity in the sports retail market to the OFT which has launched an investigation.
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NewsWaitrose strikes deal with Duchy Originals
Waitrose is to launch a top-end range, after striking a deal with Prince Charles’ organic food company Duchy Originals.
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NewsMarks & Spencer launches personalised greetings cards business online
Marks & Spencer is to take on card retailers such as Clinton and WHSmith, and online specialists such as Moonpig, with the launch of a personalised card service.
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NewsNew chairman for Threshers owner
First Quench Retailing, the owner of off licence chain Threshers, has appointed a new chairman.
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NewsCarpetright's Lord Harris confident that trading conditions are improving
Carpetright chairman and chief executive Lord Harris has reaffirmed his belief that trading conditions are improving.
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NewsComet like-for-likes rise in first quarter
Electricals retailer Comet recorded like-for-like growth of 0.3% in the three months to July 31, parent Kesa revealed.
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NewsAsda pledges 20,000 Christmas jobs
An extra 10,000 Christmas jobs are being created by supermarket giant Asda, doubling its “seasonal squad” to 20,000.
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NewsCash focus keeps Home Retail profitability on track
Home Retail Group has revealed better-than-expected second-quarter sales at Argos and Homebase.
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NewsSurge in profits at Morrisons
Morrisons has reported a leap in half-year profits to £449 million from £309m as the resurgent supermarket put on further strong sales growth.
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NewsN Brown emerges as front runner to buy High & Mighty
Home shopping giant N Brown has emerged as the front runner to buy outsized fashion retailer High & Mighty.
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NewsM&S succession favourite John Dixon promoted to board
Marks & Spencer has promoted food chief John Dixon, a leading contender to succeed chief executive Sir Stuart Rose, to the board with immediate effect.
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NewsSignet profits hit by tough trading
Pre-tax profit at US jewellery giant Signet fell 6.1 % in its second quarter to $38.5m (£23.3m) as trading remained difficult in its UK and US markets.
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NewsEBITDA and sales grow at House of Fraser
House of Fraser has given an solid update with EBITDA up 16% in the first half of the year.
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NewsThorntons shows recovery in second half
Thorntons has revealed 4.5% drop in pre-tax profit to £8.1m but showed signs of recovery in the second half.
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Henry Holland expected to be latest designer for Debenhams
Debenhams is expected to confirm that it has signed London Fashion Week designer Henry Holland as part of an expansion to its Designers at Debenhams range at its pre-close trading update next week.
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BT to open dedicated broadband demo stores
BT is preparing to open high street stores for potential new customers to be given demonstrations of its Total Broadband service.
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NewsSports Direct lifts profit forecast
Sports Direct has raised its annual earnings forecast after enjoying a jump in sales during the summer.
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NewsDeflation returns to the high street
Shop prices have fallen on the British high street for the first time since February 2007, as the retail sector revealed a drop of 0.1% last month compared with inflation of 0.5% in July.