All News articles – Page 1825
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NewsAdili EBITDA to come in below expectations
Ethical e-tailer Adili said EBITDA would be below expectations after gross margins were hit by discounting needed in the tougher market.
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NewsJessops shareholders unlikely to see return
Jessops has reported a loss of £5.9m in its first half and said that while it was still working “towards a solvent solution for the business” it does not expect “any value will be attributed to shareholders”.
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NewsWaitrose launches campaign for Essential range
Waitrose has today launched a direct marketing campaign to promote its recently-launched value range Essential Waitrose.
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NewsFormer Boots chief Scott Wheway takes top Best Buy role
Former Boots the Chemists managing director Scott Wheway has been named chief operating officer of Best Buy International and will play a key role in launching the retailer in Europe.
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NewsNext withdraws ‘Nazi’ pants
Next is withdrawing a line of underwear after some of the featured artwork on the garment was mistaken as a “Nazi image”.
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NewsJohn Lewis unveils new home store format name
John Lewis has revealed that the name of its new format home and electricals store will be ‘John Lewis at home’.
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Land Securities chief given warning about future
Land Securities chief executive Francis Salway has been given an ultimatum to turn the struggling landlord around or face the sack, according to weekend newspaper reports.
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Three new retailers for Ashford Designer Outlet
Three retailers have signed up for space at McArthurGlen’s Ashford Designer Outlet, which has had an increase in sales over the last four months.Sailing and country sports clothing brand Musto, US footwear brand Skechers and women’s fashion label Phase Eight have all take stores in the outlet centre, in Kent.The ...
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NewsTesco clothing boss registers new fashion website
Tesco’s clothing boss Terry Green has registered a fashion website for the company which he mentored as part of a student project.
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NewsClarks makes gains as rivals stumble
Clarks has revealed an annual profits rise of 16 per cent and said it will capitalise on the “relative disarray” of its high street competitors.
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NewsRetailers opt for shopfitting security
Retailers’ worries about the financial security of some of the UK’s largest shopfitting companies is opening doors for Wates.
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NewsAquascutum owner in talks with Chinese distributor
Aquascutum could be sold to its Chinese distributor after the luxury brand’s Japanese owner Renown rejected a management buyout.
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NewsAnger from Bhs suppliers as Sir Philip Green tightens terms
Sir Philip Green’s Bhs is tightening the screws on its suppliers by moving its discount rate into line with that of Arcadia Group into which it is merging.
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News£3.9bn opportunity for survivors of the downturn
Retailers who survive the downturn could pick up £3.9bn of business over the next few years.
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NewsPedestrianised Oxford Street pulls in 500,000 shoppers
Up to £50m was spent in London’s West End stores on Saturday as 500,000 shoppers took advantage of a traffic-free Oxford Street.
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NewsHouseholds £3 a week better off last month, according to Asda
The average UK family was £3 a week better off last month compared to the same period in 2008, according to a survey from grocer Asda.
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NewsTesco staff share £98m in bonuses
More than 207,000 Tesco staff are to share £98m in bonuses after the grocer’s recent record results.
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NewsBlacks in talks to extend its banking facility
Blacks Leisure has entered into talks with its bank to extend its banking facility to help its long-term financial position.
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NewsColes scores another UK hiring
Australian grocer Coles has snapped up another UK stalwart with the appointment of former Boots group financial controller Tony Buffin as its finance director.
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NewsAquascutum chief Kim Winser leaves after failed MBO
Aquascutum chief executive Kim Winser will today leave the business after Japanese owner Renown rejected her bid for a management buyout.