All News articles – Page 1967
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Leaver is front-runner to succeed Rose
Marks & Spencer head of international Carl Leaver has been given further responsibilities at the retailer, placing him as the front-runner to succeed Sir Stuart Rose as chief executive.
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Faith upgrades broadband to stores after pilot
Faith is rolling out an upgraded broadband network to all its stores and concessions to provide better customer service and cost savings.
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Long Tall Sally casts net wider with web revamp
Long Tall Sally is to create separate dollar and euro sites, as well as relaunch its main web site as part of a drive to expand its direct shopping business.
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Carphone to invest in staff scheduling tool
Carphone Warehouse is to roll out an employee scheduling system to stores across seven European countries.
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July shop price inflation driven by food
UK shop price inflation rose 3.2 per cent in July, according to the BRC-Nielsen Shop Price Index.
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General Trading Company sold
Iconic London department store the General Trading Company has been sold as a going concern to an unknown investor.
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H&M picks finance chief
Swedish fashion giant H&M has promoted Jyrki Tervonen to chief financing officer.
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Marchpole signs DKNY menswear licence
Luxury brand group Marchpole has signed a joint venture and strategic licensing agreement with Donna Karan International (DKI) to design and distribute DKNY menswear.
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Whole Foods posts £9m UK loss
Upmarket US grocery chain Whole Foods has reported pre-tax operating losses of US$18.4 million ( 9.4 million) in the year to August 3 at its six UK stores.
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Land of Leather faces lawsuit
Furniture retailer Land of Leather is reported to be facing a 250,000 lawsuit from an investment group Agilo, which wanted to inject 5 million into the struggling retailer two months ago.
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Eleven charged in US retail identity theft case
Retailers that fell victim to one of the biggest identity theft crimes on record have learnt that US authorities have charged 11 people from five countries with stealing and selling tens of millions of credit card numbers and data.
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Oddbins bought by ex-MD's son
Wine retailer Oddbins has been sold to a consortium of investors led by the son of a former managing director of the company.
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Consumer confidence plummets again
Consumers are becoming increasingly nervous, with consumer spending growth expected to slow to just 0.5 per cent next year, according to a PricewaterhouseCoopers report.
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Wrapit boss proposes deal with Debenhams and Liberty
Debenhams and Liberty have been approached to set up a voucher scheme to help couples set to lose out on their wedding gifts after the collapse of Wrapit this week.
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Flexa eyes Scottish signings
Danish furniture chain Flexa is planning to expand its UK presence with a move into Scotland.
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London Mayor Johnson slammed for cheap rent for indies plan
London Mayor Boris Johnson has come under fire from the retail property industry for his proposals to change regulations on new developments in the capital.
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Tesco undercuts Asda school uniforms
Tesco has undercut rival Asda today with the launch of its Tesco Value school uniform for 3.50.
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Alliance Boots buys 25% of Athos Farma in Brazil
Alliance Boots has made its first foray into South America with its purchase of a 25 per cent stake in a Brazilian pharmaceutical wholesaler Athos Farma.
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Spending on school meals and uniforms soars
The cost for UK families of sending a child to school soared to 1,077 for the past school year to June.