All News articles – Page 2025
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Retailers lash out at changes to empty property tax
Retailers have hit out at the Government over a new tax on empty property, which comes into force today.
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Lord Sainsbury moves shares ahead of CGT change
Lord Sainsbury said last night that he had reshuffled his stake in the grocer founded by his family in advance of changes to capital gains tax (CGT) that come into effect on Saturday, according to The Guardian .
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Land Securities hires DSGi director as non-exec
Land Securities has appointed DSGi group finance director Kevin O’Byrne as non-executive director.
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Bunny Tears opens doors in New York
A new ethical cosmetics store called Bunny Tears has opened on New York's Fifth Avenue.
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Carpetright snaps up rival retailers
Floorcoverings specialist Carpetright has bought two competitors in the UK and the Netherlands.
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Sleep Depot falls into administration
Bed specialist Sleep Depot, which operates through more than 100 stores and concessions nationwide, has gone into administration.
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Inditex unveils details of new accessories format
Inditex has unveiled the details of its new accessories chain, set to roll out this year.
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M&S to take majority stake in India joint venture
Marks & Spencer is poised to take majority control of a joint venture to be created imminently with Indian powerhouse Reliance Retail.
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Inditex profits soar
Spanish fashion giant Inditex has posted a net profit increase of 25 per cent to €1.25 billion ( 995.5 million) in its full-year results and plans to launch a standalone accessories and footwear chain called Uterque.
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Tesco halts roll-out of Fresh & Easy
Tesco has halted the roll-out of its US convenience store chain Fresh & Easy, fuelling renewed speculation about its performance on the West Coast, according to The Sunday Telegraph .
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Primark in High Court dispute over piracy claims
Textile supplier Ashley Wilde is suing discount retailer Primark in a dispute over bed linen.
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Alexon profits rise as sales fall
Fashion group Alexon increased its operating profit before exceptionals to 10.5 million in the year to January 26, 2008, from 9.9 million the previous year.
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WHSmith adds to hospital arm and signs service station deal
Bookseller and stationer WHSmith has bolstered its travel division with a push into hospital retailing and a further motorway service station deal.
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Mystery investor buys stake in Moss Bros
A mystery investor has bought a stake of almost 8 per cent in Moss Bros as the plot surrounding the embattled menswear chain thickens.
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Woolworths poised to return stores to black
Woolworths is set to reveal the full extent of its retail division’s return to profit when it unveils full year figures next week, but analysts question whether the retailer’s recovery can last.
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Next takes on M&S in the technology arena
Fashion giant Next has added technology and fitted kitchen areas to its Next Home format in an attempt to keep pace with rival Marks & Spencer.
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Primark threatens M&S clothing crown
Value fashion giant Primark has taken a big step towards overtaking Marks & Spencer as the UK’s biggest clothing retailer by volume, according to the Telegraph .
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New Look installs new boss at Mim ahead of global offensive
New Look has hired a new head of its French subsidiary Mim as it gears up for international expansion into further markets.
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John Lewis sales recover
John Lewis bounced back from recent tough trading to record a strong performance in the week before Easter and sister grocery chain Waitrose also fared well.
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Asda appoints head of estates team
Asda has hired Janet Bishopp as head of estates to develop and expand the grocer’s portfolio of 352 stores.