All News articles – Page 2039
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Next tipped as bid target for M&S
Credit Suisse has suggested that Next could be a bid target for Marks & Spencer, arguing that investors do not appreciate the extent of the structural problems facing Next.
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PM calls for plastic bag ban
Prime Minister Gordon Brown has pledged to introduce legislation if necessary to impose a minimum 5p charge on supermarket plastic bags.
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Tesco demands retraction from Guardian over tax claims
Tesco has demanded that the Guardian newspaper make a full retraction and apologise over allegations published this week that it has avoided paying a 1 billion tax charge.
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John Lewis sales back in positive territory
John Lewis sales crept back into positive territory for the week to February 23, while stablemate supermarket chain Waitrose delivered a powerful set of figures.
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M&S to expand in Greece and Balkan states
Marks & Spencer has signed a joint venture with Marinopoulos Group worth €50 million ( 37.9 million) to open 50 stores in Greece and the Balkan states.
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Sainsbury’s names strategy director
Sainsbury’s has appointed a strategy director to accelerate its growth.
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Tesco plans Argos-style zones for Homeplus stores
Tesco is to launch a mini Argos-style service inside its non-food Homeplus stores this year, firing another warning shot across the bows of its catalogue giant rival.
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Adams to walk from Kingfisher in shock move
Veteran Kingfisher executive George Adams is to leave at the end of next month as new group chief executive Ian Cheshire begins to reshape the retail giant.
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Non-dom exit could force Harvey Nics repositioning
Harvey Nichols may be forced to introduce high street fashion labels to its stores as it fears tax changes could drive away its richest foreign customers.
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MP lambasts Tesco’s alcohol ‘PR gimmick’
A high-profile Labour MP has slammed Tesco’s call for a law to ban the sale of cut-price alcohol, as other large retailers launched their own proposals this week.
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Irish fashion player A-Wear trawls sites as it plots a launch in Britain
Irish fashion chain A-wear has edged a step closer to opening stores in Britain by hiring a property agency to search for potential sites.
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DSGi’s airport Dixons stores to get makeover
DSGi has picked Leicester-based design consultancy Checkland Kindleysides to revamp its Dixons airport electricals stores.
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Jobs threatened as Argos shuts Castleford DC
Catalogue store group Argos intends to close its Castleford distribution centre in Yorkshire following a strategic review.
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Brown Thomas Dublin flagship revamp enters its final phase
Brown Thomas has begun remodelling the basement of its Dublin flagship, marking the final stage of its refurbishment.
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Waitrose begins roll-out of new look after trial success
Waitrose has started rolling out design elements of its new store format after a strong performance from its two debut shops.
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Borders lands £23m injection from Landsbanki
Borders UK has secured a 23 million asset-based loan from Icelandic bank Landsbanki.
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Fortnum’s mulls overseas moves after sales high
Fortnum & Mason is exploring further overseas opportunities after a record year of sales and the completed refurbishment of its flagship Piccadilly store.
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Lombok web sales soar in first year
Lombok is on track to more than quadruple its forecast for online sales for the year to June 30.
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Liberty to raise game with more exclusives
Iconic department store Liberty is to treble its exclusive luxury brands as its customers increasingly seek a unique shopping experience in a challenging retail environment.
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McCarthy hits out as Baugur bids for Moss
Moss Bros non-executive director and Baugur board member Don McCarthy has outlined the Icelandic investor’s plans for the retailer if its takeover succeeds.