All News articles – Page 2021
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News
Tesco stands by Guardian Group non-exec
Tesco has insisted it will not put pressure on non-executive director Carolyn McCall to leave the board, despite its legal wrangle with The Guardian newspaper, which is owned by the company she runs.
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NewsSainsbury’s names Ken McMeikan’s successor
Sainsbury’s has promoted supply chain director Roger Burnley to the post of retail and logistics director, combining his existing role with that of outgoing retail director Ken McMeikan.
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Tesco's 2009 profit forecasts to be cut?
Analysts are expected to downgrade Tesco’s 2009 profit forecasts when the supermarket giant announces its results next week.
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Dobbies announces aim to raise £150 million
Tesco-owned garden centre chain Dobbies has posted a mixed set of preliminary results for the year to October 31, as it unveiled its intention to raise 150 million through the issue of new shares.
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Ossian debt acquired
An investment fund has acquired the debt in Ossian Retail Group, the owners of homewares brand Au Naturale and fast-fashion chain Internacionale.
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Moss Bros mystery investor revealed
A mystery investor in Moss Bros has been identified as property and retail trader Paul Singh.
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Leeds Arndale to get £2.2m facelift
Landlord Topwell Estates has been granted planning consent to carry out a 2.2 million facelift of the Arndale Centre in Leeds.
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Edinburgh votes on BID
Voting begins today on proposals for a Business Improvement District (BID) in Edinburgh.
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India is premier target for overseas growth
India, Ukraine and Russia are the most sought-after destinations for international expansion, according to a CB Richard Ellis report.
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Tag Heuer snaps up space at Westfield London
Luxury watch brand Tag Heuer is to open its second UK store in Westfield’s flagship 1.6 billion shopping centre in west London.
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Travis Perkins buys 30 per cent stake in Toolstation
DIY retail group Travis Perkins has agreed to pay 5 million for a 30 per cent stake in rival retailer Toolstation, with an option to buy the remainder of the business over the next few years.
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Baugur to focus on retail following disposals
Serial investor Baugur is selling its media, technology and financial services operations to raise 430 million to fund future retail acquisitions.
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Myners in Tesco libel case
Guardian Media Group chairman Paul Myners has been caught up in the libel case being brought by Tesco against The Guardian .
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Somerfield sale could go ahead within a week
The sale of convenience grocer Somerfield could be agreed as early as next week, it is understood.
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Magsons buys Toyzone out of administration
Toy and stationery distributor JA Magson has acquired Toyzone, the retailer that went into administration at the beginning of this month.
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Superdrug names new chief exec
Health and beauty giant Superdrug has announced that internal candidate Jeremy Seigal will replace outgoing chief executive Euan Sutherland with immediate effect.
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First quarter trading worst since 2006
The credit crunch has contributed to the highest number of negative trading statements from listed retailers since 2006, according to Grant Thornton.
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NewsEthel Austin to secure rescue refinancing
Value retailer Ethel Austin is on the verge of winning a rescue refinancing deal.
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Debenhams considered Moss Bros bid
Debenhams has held secret talks about a potential bid for Moss Bros, according to The Sunday Times .
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Asda wants ethical code restricted to UK suppliers
Asda wants overseas suppliers excluded from a new code of conduct intended to ensure that big grocers do not use their buying power to impose unfair trading terms, according to the Guardian .