All News articles – Page 1802
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NewsMysears.com: Sears adopts OpenID platform
US retail giant Sears has adopted the OpenID platform to more closely connect the social networking sites it runs for its Sears and Kmart chains with sites such as Facebook, Twitter and MySpace.
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Celesio’s acquisition of a majority stake in Pharmexx has been approved
The European Commission’s antitrust panel has approved German pharmacy giant Celesio’s acquisition of a majority stake in Pharmexx.Celesio revealed in March its intentions to increase its shareholding in the company from 30 per cent to 65 per cent. Pharmexx provides marketing and sales solutions to pharmaceutical and biotech companies.The deal ...
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NewsFashion Retail Academy awards
Top retailers celebrated a new generation of talent on Tuesday when the Fashion Retail Academy, the shopkeeping school backed by Sir Philip Green, held its awards.
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Amazon could face £73.8m tax bill in Japan
E-tail giant Amazon could face a $119m (£73.8m) tax bill in Japan for unreported income over a three-year period.Local reports said that Japan’s tax bureau judged that because part of Amazon’s operations are Japan-based, an income report of tens of billions of yen should have been submitted and therefore would ...
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NewsDebenhams’ Sharp says price increases to hit 5%
Debenhams deputy chief executive Michael Sharp has forecast that prices will increase by 5 per cent as currency fluctuations continue.
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Seven & I reports a 28 per cent slump in profits
The country’s largest retailer Seven & I reported a 28 per cent slump in profits to ¥23.7bn (£146.9m) in the three months to the end of May as the country feels the full force of the recession.Sales at the retailer, which operates the 7-Eleven convenience store chain, Ito-Yokado supermarkets fascia ...
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NewsN Brown thrives as online sales jump 25%
Home shopping specialist N Brown has enjoyed a strong start to its financial year with continued growth across its brands.
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NewsBroker challenges Sports Direct over corporate governance
Ahead of Sports Direct’s full-year results next week broker Investec has issued a note challenging the sports retailer to answer some key corporate governance questions and fully disclose business information.
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B&Q launches £5m price investment
DIY giant B&Q is launching a £5m price investment tomorrow across thousands of products.
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NewsRetail collapses trigger £1bn losses for Crown Estate
The collapse of retailers in the recession has contributed to the Queen’s Crown Estate suffering a £1bn loss.
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NewsSir David Jones's £2.2m home for sale
Sir David Jones, the beleaguered JJB Sports chairman at the centre of a controversy over a £1.5m loan from rival Mike Ashley, has put his £2.2m home in West Yorkshire up for sale.
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NewsPrimark sales continue to soar
Primark has continued to defy the retail gloom with a 20 per cent uplift in sales in the 40 weeks to June 20.
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NewsM&S shareholders reject motion on Sir Stuart Rose’s chairmanship
Marks & Spencer shareholders have voted against a special resolution calling for executive chairman Sir Stuart Rose to step down 12 months early, in July 2010.
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NewsPeacocks extends store IT support relationship with Vista
Peacocks wants to expand on the communications system it uses to interact with stores, after extending its store systems support contract with Vista Retail Support.
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NewsResearchers say RFID tags can be secure and address consumer privacy concerns
The EU-funded RFID research project BRIDGE has concluded that security measures can be added to standard RFID tags to disable them at the point of sale.
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NewsMike Ashley claims Sir David Jones agreed loan after he joined JJB Sports
The scandal over JJB chairman Sir David Jones’ £1.5m loan from Sports Direct’s Mike Ashley is escalating, with Ashley claiming he gave Jones the loan after he joined JJB’s board.
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NewsThreshers sourcing chief exits
Struggling off-licence chain Threshers has suffered another blow after losing its long-serving head of global sourcing Jonathan Butt.
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NewsSainsbury’s extends carbon reduction scheme for farmers
Sainsbury’s has extended its carbon reduction scheme for farmers which supply the supermarket with beef, lamb, pork, poultry and eggs.
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NewsJune food price inflation lowest in 14 months
Food inflation was its lowest in 14 months in June, according to the British Retail Consortium Shop Price Index.
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NewsBritish Bookshops and Stationers puts 600 staff in consultation
British Bookshops and Stationers has put most of its 600-plus shop staff in consultation after making nearly a third of its head office staff redundant last month.

















