All News articles – Page 1850
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News
MasterCard backs down over bank membership fees
The British Retail Consortium has claimed a victory in its battle against MasterCard over the membership fee banks must pay to the card scheme.
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NewsCarphone Warehouse cuts costs with IBM IT services deal
Carphone Warehouse has signed up IBM in a multi-year IT infrastructure services agreement.
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NewsT-Mobile trials Bluetooth marketing to improve footfall
T-Mobile is halfway through a month-long trial of a Bluetooth marketing system at six of its stores.
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NewsConsumer confidence slowly rises
Shopper confidence is at its highest since May 2008, with the GfK NOP Consumer Confidence Index up five points to -30 for March.
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NewsStock improvements for Long Tall Sally with head office system
Long Tall Sally has introduced a retail system from Eurostop to better manage the stock across its different channels.
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NewsNew Look's Phil Wrigley steps down from executive duties
New Look chairman Phil Wrigley has stepped down from his executive duties and become non-executive chairman of the fashion retailer.Chief executive Carl McPhail will remain in his role at the retailer.Wrigley said: “”It is a sign of the great strength of the business and the management team that I have ...
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NewsHalf of Brits fear losing their jobs, according to Asda survey
Half the population fear losing their jobs during the next six months and two thirds would be prepared to take a pay cut or a reduction in hours to avoid being made redundant, according to an Asda survey.The survey of 1,000 people also found that half expect their pay to ...
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NewsJJB details plans for CVA and refinancing
JJB has outlined proposals for its company voluntary arrangement (CVA) and details of a refinancing deal with its banks.The landlords of JJB’s 140 closed retail stores will be able to make a claim against a fund of £10m, with two payment instalments, one at the end of September and one ...
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NewsRobert Dyas pays owners £2.75m
Robert Dyas has paid its private equity owners Change Capital £2.75m in fees for ‘strategic’ advice, according to The Daily Telegraph.It comes as the management team of the troubled retailer, led by chief executive Steve Round, is trying to secure a management buy-out of the company, which would, in effect, ...
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NewsBoots to offer health tips with online portal
Boots is to launch a health and wellness portal online in the second half of this year in partnership with US health services provider WebMD.
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NewsTesco to create 800 jobs at Middlesbrough distribution centre
Tesco will create more than 800 jobs when it opens a distribution centre in Middlesbrough in August. The £130m Teesport Distribution Centre is the retailer’s first purpose-built import storage facility. It will replace its existing non-food distribution centre in Coventry. The 910,000 sq ft Teesport centre means that goods can ...
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NewsWoolworths offers online Easter egg competition for customers
Woolworths has launched a virtual Easter egg hunt online for its customers who are unable to buy their traditional Easter eggs from the collapsed chain.Woolworths, which will be relaunched this summer as an online shop by Shop Direct Group, this week launched a competition on a specially launched site, Woolieswonderland.co.ukCustomers ...
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News
Half of Brits fear losing their jobs, according to Asda survey
Half the population fear losing their jobs during the next six months and two thirds would be prepared to take a pay cut or a reduction in hours to avoid being made redundant, according to an Asda survey.The survey of 1,000 people also found that half expect their pay to ...
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NewsJJB Sports details plans for CVA and refinancing
JJB has outlined proposals for its company voluntary arrangement (CVA) and details of a refinancing deal with its banks.
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NewsTheo Paphitis in talks to take majority stake in La Senza
Dragons’ Den star Theo Paphitis is believed to be in talks to buy back a majority share in lingerie chain La Senza.
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News99p Stores launches 99p bikini
Single price point retailer 99p Stores is to sell bikinis for 99p.
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NewsRobert Dyas moves closer to rescue deal
Robert Dyas chief executive Steven Round is close to completing a management buyout of the business.
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NewsDSGi responds to rights issue rumours
DSGi has issued a statement on the London Stock Exchange saying that no decision has been taken on whether it will undergo a rights issue.
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NewsDSGi to sell Central European stores, reports claim
DSGi is believed to be poised to sell its Electro World stores in Central Europe to Slovakia-based consumer electronics retailer NAY.
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NewsAldi sales jump 16.8 per cent
Discount grocer Aldi has recorded a 16.8 per cent sales uplift in the first two months of the year.