All News articles – Page 1986
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News
Carrefour to rebrand French stores
Carrefour Group is to convert all its supermarket formats in France to its Carrefour and Carrefour Market fascias.
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Moss Bros shareholders demand new chair
Moss Bros chief executive Philip Mountford faced a hostile reception at the retailer’s AGM yesterday.
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M&S shareholders urged to block Rose dual role
Marks & Spencer shareholders are again being urged to vote against chief executive Sir Stuart Rose’s promotion to chairman at next month’s AGM.
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Obama appeals to Leahy over union recognition
Tesco chief executive Sir Terry Leahy has been asked by Democratic presidential candidate Barack Obama to meet with and engage with American trade unions.
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DSGi profits plunge
DSGi has revealed a 30 per cent slump in pre-tax profits in the 53 weeks to May 3 and has said it will focus on cost-control and cashflow to counter the customer downturn.
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Qataris up Sainsbury's stake
Sainsbury’s shares soared last night on the news that the Qatar Investment Authority (QIA) increased its stake in the supermarket giant to about 25.3 per cent.
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Simon Berwin snaps up Gee family’s holding in Moss Bros
Simon Berwin has acquired a 4.25 per cent stake in Moss Bros from founding family shareholders the Gee family.
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Ilva Furniture collapses
Ilva Furniture has gone into administration becoming the latest big-ticket retailer to be hit by the downturn, Retail Week can reveal.
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Nike launches store for Wimbledon
Sports retail giant Nike is debuting a new-format temporary store at Wimbledon this year.
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Wal-Mart unveils Marketside web site
US grocery giant Wal-Mart has unveiled a web site for its new-launch smaller format stores, Marketside.
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Retail sales continue to disappoint
Retail sales have proved lacklustre for the third month running in June, according to the CBI.
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Wyevale appoints marketing and ecommerce boss
Wyevale, the garden centre group controlled by tycoon Sir Tom Hunter, has poached a Homebase executive for a senior role.
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JJB shares soar on buy-out rumours
Shares of JJB were given a boost as rumours of a management buy-out began to circle.
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Zavvi poised to launch first Sale
Zavvi will tomorrow begin its first Sale since rebranding from Virgin Megastores in September, joining a raft of high street retailers that have started deep discounting to encourage sales.
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Grocery market to head into decline, Nielsen claims
Grocery market growth has stalled and the sector is poised to slide into decline, according to information company AC Nielsen.
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M&S to anchor southeast Irish scheme
Marks & Spencer is to open its first store in the southeast of Ireland at the Showgrounds Shopping Centre in Clonmel Town.
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Video – Primark director speaks following child labour expose
Value fashion retailer Primark has posted a video interview online in which director Breege O’Donoghue is interviewed about last night’s Panorama child labour expos .
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Video: Primark director speaks following child labour expose
Value fashion retailer Primark has posted a video interview online in which director Breege O’Donoghue is interviewed about Monday night’s Panorama child labour expos .
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Baugur sells Booker stake as part of focus on retail
Icelandic investor Baugur has offloaded its 31.4 per cent stake in cash and carry business Booker as it concentrates on retail.
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Supermarkets enjoy healthy growth
The latest grocery market share figures show strong year-on-year sales growth in the grocery sector but food price inflation figures have been over-cooked, claimed TNS Worldpanel.