All News articles – Page 1803
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NewsSir Philip Green warns of uncertain final quarter
Retailers face uncertain trading conditions in the crucial final quarter of the year, Arcadia tycoon Sir Philip Green has warned.
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NewsMr Shoes bought out of administration by previous owners
Footwear retailer Mr Shoes has been bought out of administration by its previous owners.
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NewsIBM to run Carrefour's IT systems in France
International retail giant Carrefour has signed a €180m (£155m) agreement with IBM, that will see the technology services provider take over the transformation, management and maintenance of Carrefour’s IT infrastructure and applications in France.
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NewsVirgin Megastores’ losses revealed
Music chain Virgin Megastores made operating losses of more than £300m, according to documents filed at Companies House.
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NewsJJB Sports pledges support for Sir David Jones as share price plummets
JJB Sports is trying to curb another escalating crisis following the revelations that chairman Sir David Jones took a £1.5m loan from Sports Direct founder Mike Ashley.
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NewsJacques Vert makes full-year pre-tax loss of £2.9m
Womenswear retailer Jacques Vert made a full-year pre-tax loss of £2.9m, compared with a profit of £4.3m the year before, after incurring exceptional charges of £4.9m, mostly related to leases.
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NewsN Brown sales up 5.1 per cent
N Brown has made a strong start to its financial year with continued growth across its home shopping brands and a 5.1 per cent rise in turnover in the 18 weeks to July 4.
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NewsFirst overseas Matalan store opens
Matalan opened its first store outside the UK last week, in Amman, Jordan.
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NewsM&S shareholder revolt gains pace ahead of AGM
The row among Marks & Spencer shareholders has gathered momentum ahead of Wednesday’s AGM, with former chief executive Sir Richard Greenbury lambasting shareholders for their “vindictive” attitude towards executive chairman Sir Stuart Rose.
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NewsSock Shop opens first store since collapse in 2006
Sock Shop is to open its first outlet in the UK after falling into administration three and a half years ago.
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NewsJJB mulls rights issue as loan scandal hits Sir David Jones
JJB Sports has confirmed that it is considering a £50m rights issue to raise capital for the sports retailer’s turnaround as its chairman Sir David Jones has become embroiled in a loan scandal.
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NewsBrightHouse EBITDA jumps 21.5 per cent
Rent-to-own electricals and furniture retailer BrightHouse has defied the economic gloom, revealing a 21.5 per cent hike in EBITDA to £29.4m in its full-year results.
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NewsBoris Johnson hails John Lewis decision to anchor Westfield Stratford
Mayor of London Boris Johnson attended a topping out ceremony of the new John Lewis department store Westfield’s shopping centre development at the Olympic Park in Stratford, east London, this morning.
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NewsClem Constantine takes over as Marks & Spencer international boss
Marks & Spencer property director Clem Constantine has assumed responsibility for the retailer’s international division.
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NewsShareholder revolt embarrasses Home Retail
Home Retail Group, owner of Argos and Homebase, says it has “taken note” of investor concern about directors’ bonuses after a shareholder revolt at Wednesday’s AGM.
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NewsAllied Carpets to cut jobs as some stores prepare to close
Allied Carpets is to slash hundreds of jobs as early as next week as the retailer starts to close stores, according to reports.
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NewsT-Mobile UK parent considers asset swap deal
T-Mobile UK parent Deutsche Telekom is seeking an asset swap deal for the mobile phone operator and retailer, as it gears up to pull out of the UK.
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NewsGeorge Davies picks sites for new fashion venture
Fashion entrepreneur George Davies has identified the first seven sites for his new GIVe womenswear brand that is set to launch in October.
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NewsTesco investors urged to oppose share option changes
Tesco shareholders are being urged to oppose changes to share option schemes at the grocer’s annual general meeting today.
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NewsJohn Lewis Clearance hit by hot weather
Sales at John Lewis were lacklustre last week as the hot weather offset the benefits of the start of its Clearance period.