All News articles – Page 1798
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NewsBanks urged to do more to cut payment card charges
European Commission deputy director-general for competition Nadia Calvino said last week that Visa and MasterCard could do more to reduce the interchange fees that retailers pay on credit and debit card transactions.
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Carrefour and El Corte Inglés ask staff to delay summer holidays
Carrefour and El Corte Inglés are asking their staff to delay their summer holidays in order to avoid hiring temporary staff over the busy summer months.French retail giant Carrefour wants staff to opt to take holiday in October and November, according to trade union sources.Spanish department store El Corte Inglés ...
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NewsAsda extends schoolwear guarantee
Asda is offering shoppers a 100-day money-back guarantee on its George school uniforms in an attempt to prove the quality of its products.
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NewsPrimark outperforms as Arthur Ryan prepares to exit
Primark has once again outperformed the wider fashion market, recording a 20 per cent uplift in sales in the 40 weeks to June 20.
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NewsPrimark becomes more open as Arthur Ryan prepares to step down
Change is afoot at value fashion giant Primark as it emerged that retail veteran Arthur Ryan is to step down from the running of the business.
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NewsThreshers owner hit by another departure
Struggling Threshers owner First Quench Retailing has suffered a further blow as its head of supply chain left the retailer.
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Staff recommend Aldi Sud increases branded products
Staff at discount grocer Aldi Sud have “strongly recommended” that the retailer should increase its range of branded products, according to German press reports.The discount grocer – split into two companies in Germany, Aldi Sud and Aldi Nord – is reported to have suffered a 5 per cent fall in ...
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NewsJysk prepares for UK expansion after improving business model
Danish furniture retailer Jysk is poised to roll out more UK stores after resolving teething problems at its operations here and bolsters its management with a head of buying from Next.
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NewsSpeciality Retail Group boss exits after cost-cutting merger
Speciality Retail Group managing director Nick Keyte has left the business, following the completion of its merger with stablemate BMB Group.
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NewsAbel & Cole to cast net wider with site revamp
Online organic grocer Abel & Cole has overhauled its website to attract more customers.
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X5 Retail Group reports strong first-half sales
X5 Retail Group has reported strong first-half sales, lifted by the performance of its price-led Pyaterochka shops.The grocery group’s consolidated net retail sales soared 46 per cent in local currency to RUR130.91bn (£2.48bn) or 6 per cent in dollars. Retail like-for-likes climbed 12 per cent year on year in local ...
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NewsStrong range helps Next in Q2
Next is performing ahead of expectations and should deliver a strong second-quarter trading update when it reports at the end of the month, broker Singer Capital Markets believes.
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NewsBorders UK completes management buyout
Borders UK has been bought out by its management team, with backing from Valco Capital Partners.The management team is led by chief executive Philip Downer and finance director Mark Little.Borders UK was owned by Risk Capital Partners, which had been seeking a new investor for some time.The buyout is funded ...
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NewsSir Philip Green outlines plans for Bhs merger with Arcadia
Sir Philip Green has outlined plans for his merged Arcadia Group and Bhs business, which is almost complete.
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NewsRetail crime is on the up
More than 90 per cent of retailers said retail crime has increased over the last year, with more than four fifths blaming the recession.
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NewsMicrosoft tycoon Bill Gates takes stake in JJB Sports
Billionaire Bill Gates has taken a stake in embattled sports retailer JJB, it emerged today.
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NewsLand Securities hopeful of property market recovery
Land Securities, the UK’s biggest real estate investor, has said that the worst of the rout that has swept through the commercial property market may be over.
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NewsMothercare reports strong first quarter
Like-for-like sales at maternity specialist Mothercare’s core UK business climbed 5.1 per cent in the first quarter.
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NewsSports Direct profits tumble
Sports Direct has refused to be drawn in to the controversy over the loan its founder Mike Ashley gave to JJB chairman Sir David Jones as it scrapped its final dividend following a fall in underlying profit of 20.2 per cent.
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NewsTesco slams 'burdensome' competition test
Tesco has lambasted the Competition Commission after it moved one step closer to implementing the controversial competition test.