All News articles – Page 1997
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News
Primark gears up for European expansion
Value fashion retailer Primark is preparing to push the button on European expansion plans.
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Asda sells sausages for 2p
Asda has launched a mouth-watering offer for shoppers, with packs of eight sausages for the bargain price of 2p each.
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Orange to review stores and operations
Mobile phone network operator Orange is understood to be poised for an overhaul of its stores and operations under new chief executive Tom Alexander.
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Online sales soar
Online shopping rose by 35 per cent to 14.7 billion in the UK last year – a rate of growth almost 10 times higher than that of the total retail market.
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Otto UK chief quits
Mike Hancox, chief executive of mail order retailer Otto UK, is to step down following a strategic review carried out by the company’s German parent.
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Yves Saint Laurent dies
Legendary French fashion designer Yves Saint Laurent died yesterday at the age of 71 following a long illness.
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Moss Bros saga costs Baugur £500k
Baugur has had to stump up 500,000 to pay advisers after it walked away from its 40 million bid for Moss Bros.
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Tesco snaps up RBS stake in Tesco Personal Finance
Tesco is to acquire Royal Bank of Scotland’s stake in Tesco Personal Finance for 1 billion, bringing to an end a joint venture with the bank that has lasted almost a decade.
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Retail Interiors Awards entry deadline extended
The entry deadline for the Retail Interiors Awards has been extended to 5pm next Friday, June 13.
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DSGi chief operating officer joins as consultant only
DSGi chief operating officer Patrick Macdonald, who was due to take up his present role at the electricals retailer permanently, has joined only as a part-time consultant.
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High street volumes fall for second month in May
High street sales have fallen for the second consecutive month, according to the CBI’ Distributive Trades survey.
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Moss Bros supplier on trail of Baugur stake
Menswear supplier Berwin & Berwin is understood to be interested in buying a slice of Baugur’s stake in Moss Bros after the Icelandic investor walked away from its 40 million takeover bid for the retailer.
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HMV to launch value classics range
Entertainment giant HMV is teaming up with radio station Classic FM and record label UCJ in an attempt to take classical music to the masses.
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Asda takes up recycling baton
Asda is urging consumers to take recycling seriously with the launch of its first online viral game, starring the character Landfill Bill.
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Joseph hires chief executive
Womenswear chain Joseph has appointed Sara Ferrero as chief executive.
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Ronnie to build JJB lifestyle arm after Qube deal
JJB chief executive Chris Ronnie has outlined his vision to create a lifestyle division within the business following the acquisition of footwear chain Qube last week.
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M&S shakes up stores
Rose ditches traditional structure to divide food and general stores management
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City slams upbeat ONS April retail sales data as incorrect
Office for National Statistics (ONS) figures showing resilient retail sales in April have been blasted by the City for painting a rosier picture than that experienced on the high street.
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Mothercare reviews estate as results shine
Mothercare has smashed City forecasts by revealing stellar preliminary results and plans for a property overhaul.
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Retail-led Rotherham regeneration revealed
Liverpool-based developer Iliad has revealed plans to regenerate the town centre of Rotherham in South Yorkshire.