All News articles – Page 2031
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WHSmith seals hospital and motorway deals
WHSmith has bolstered its travel division with two deals in hospitals and motorway service stations.
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Wolfson confident in Next as tough year looms
Fashion group Next sees little prospect of an improvement in consumer spending in the next year.
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Beales like-for-like slump continues
Ailing department store chain Beales has reported a slump in like-for-likes during its first quarter.
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Consumer inflation reaches nine-month high
Consumer inflation rose to 2.5 per cent in February, its highest level for nine months, as rising gas and electricity prices pushed inflation upwards.
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Work on Ravenscraig’s second phase imminent
Work is about to begin on the second phase of Wilson Bowden Developments’ Ravenscraig redevelopment in Lanarkshire.
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Liverpool One lands trio of retailers
Gap, Build-A-Bear Workshop and WHSmith are among the latest retailers to sign to Grosvenor’s Liverpool One scheme.
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Ted Baker profits soar
Pre-tax profits at fashion retailer Ted Baker rose 10 per cent in the year to January 26.
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M&S chairman's pay-off angers ABI
The Association of British Insurers (ABI) has upped the pressure on Marks & Spencer by signalling that it could oppose any pay off to Lord Burns, the retail giant’s outgoing chairman, according to The Times .
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Blacks suspends director after accounts probe
Blacks Leisure Group has suspended the head of its Sandcity subsidiary following the discovery of 2 million worth of accounting discrepancies.
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Debenhams like-for-likes slip
Department store Debenhams has reported first-half like-for-like sales down 0.7 per cent on last year, reflecting the challenging trading conditions in January and February.
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Fenwick acquires Williams & Griffin
Privately owned department store chain Fenwick has acquired Colchester department store Williams & Griffin.
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Stylo sells Shellys
Shoe specialist retailer Stylo has sold its Shellys brand to Hong Kong company Eternal Best Industries.
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M&S touts 'corporate bruiser' to assuage shareholder fears
Marks & Spencer is to portray Sir David Michels, its most senior independent director, as a “corporate bruiser” in an attempt to win over shareholders worried about the retailer’s new boardroom structure, according to The Daily Telegraph .
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Baugur chief faces more fraud charges
Baugur executive chairman J n sgeir J hannesson faces fresh charges of fraud relating to personal income tax and company tax that was due between 1998 and 2002.
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Sainsbury’s buyer arrested in £3m bribe case
A Sainsbury’s buyer has been arrested following claims he took up to 3 million in bribes from one of the supermarket’s suppliers.
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Supermarket non-food customers soar
The number of customers regularly buying non-food items from supermarkets has risen 40 per cent in the past five years.
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Oasis appoints retail operations director
Oasis has recruited Ann Summers director Ian Wallis as retail operations director.
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Flying Brands like-for-likes slump
Home shopping group Flying Brands reported a like-for-like sales dive of 13 per cent in the year to December 28 last year.
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John Lewis sales fall
John Lewis blamed unseasonable weather, Mother’s Day and televised sporting events for a 1.4 per cent fall in sales in the week to March 8.
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Morrisons scoops Retailer of the Year award
Supermarket giant Morrisons stormed the Retail Week Awards last night, walking away with Retailer of the Year.