All News articles – Page 1866
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90 jobs go as Shoe Studio is sold to Dune
Shoe Studio has been bought out of administration by Dune with the loss of 90 jobs.
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Ahold outperforms as it posts bumper profits
Dutch grocer Ahold reported better than expected fourth quarter results after winning market share in its home country and reaping the benefits of its revamped stores in the US.
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Tesco wins competition test appeal
Tesco has won its appeal against the competition test in the planning system.
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Food price inflation hits six-month high
Increasing costs for grocery retailers forced inflation in food prices up to a six-month high of 9 per cent in February.
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M&S adopts tagging as theft levels swell
After dismissing the need for electronic article surveillance (EAS) tagging for decades, Marks & Spencer has finally relented and is electronically protecting products in 50 of its branches across the south of England.
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Mothercare brings PoS printing in-store
Mothercare is rolling out net.tickIT, a browser-based sign and ticketing solution from marketing management specialist Pierhouse, to its entire estate of more than 230 stores.
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NewsShuropody secures card transactions
Shuropody, the footcare retailer that acquired the Scholl retail chain last year, has rolled out YESpay’s Emboss secure transactions solution to its 48 standalone stores.
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Sainsbury's buys 24 stores from Co-op
Sainsbury’s has bought 24 stores from the Co-operative Group for 83m.
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Kevin Stanford in battle with Kaupthing
All Saints owner Kevin Stanford is understood to owe more than £250m to nationalised Icelandic bank Kaupthing and has been blocked from issuing new shares in the fashion brand.
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Risk Capital raises £75m to take advantage of credit crunch opportunities
Risk Capital Partners, the private equity business co-founded by Luke Johnson, has raised a 75m fund and aims to cash in on opportunities thrown up by the credit crunch.
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Blockbuster explores refinancing options
Blockbuster has hired lawyers to advise on restructuring its US$350m of debt.
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NewsBest Buy postpones UK launch
US electricals giant Best Buy has postponed the launch of UK operations.
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Paul Mason steps down from Somerfield
Somerfield chief executive Paul Mason has stepped down from the day-to-day running of the grocer but will carry on in an advisory position, as The Co-operative Group seals its 1.7bn bid for the business.
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Borders restructures head office for second time in 12 months
Bookseller Borders has restructured its head office for the second time in 12 months, resulting in three people leaving the business and the creation of a merchandising department and two new director positions.
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Asda records highest growth rate of the big four
Asda has recorded the highest year-on-year growth rate of the big four supermarkets at 8.8 per cent, according to the latest TNS Worldpanel grocery research.
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Zara signs for store in Aberdeen's Union Square
Zara has signed for a store at Hammerson’s Union Square development in Aberdeen.
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St James plans in Edinburgh get green light
Plans to redevelop the St James shopping centre in Edinburgh have been given the go-ahead.
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Animal pounces on raft of shops
Outdoor fashion retailer Animal has signed for three stores, kick-starting plans to expand its UK presence this year.
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Carphone Warehouse sells South African call centre subsidiary
Carphone Warehouse has completed the sale of its South African call centre subsidiary The Phone House.