All News articles – Page 2046
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Competition Commission botches remedies publication
The Competition Commission (CC) made a fiasco of publishing its crucial remedies report.
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Competition Commission wants more stores, but calls for ombudsman
The Competition Commission this evening gave supermarkets the green light to build more stores, but recommended the appointment of an ombudsman to provide suppliers with greater protection.
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Ideal receives preliminary bid approach
TV shopping group Ideal Shopping Direct has received a bid approach.
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OFT accused of 'sensationalist' publicity seeking over milk inquiry
A High Court Judge has slammed the Office of Fair Trading for engaging in “public relations exercises” and accused the regulator of trying to attract “sensationalist publicity” over its inquiry into alleged price-fixing, according to the Daily Telegraph today.
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H&M posts stellar January sales
Fashion retailer H&M posted a 17 per cent year-on-year sales rise in January.
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John Lewis delivers strong sales
Department store John Lewis has returned to form in the week to February 9, posting a 5.8 per cent increase in sales to 45.1 million.
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Competition Commission to deliver remedies report today
Competition Commission (CC) will publish its hotly anticipated remedies report for its inquiry into the 120 billion grocery sector this afternoon after 4.30pm.
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Morrisons unveils its £110m IT makeover
Morrisons has signed a deal with Oracle for what is set to be the biggest retail IT transformation project agreed this year.
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Grocers’ share price turbulence
Morrisons, the grocery victor last Christmas, took analysts on a tour of its Northern redoubts on Tuesday.
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Outlook still grim as discounting drives sales growth in January
Despite higher than expected retail sales growth in January brokers remained bearish about prospects for the rest of the year.
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Halfords chief quitting for Oz presents an opportunity
The resignation of Halfords chief executive Ian McLeod could prove a “perverse” opportunity for the motor accessories retailer, broker Shore Capital has argued.
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Wal-Mart sets sights on in-store clinic empire
Wal-Mart wants to open 400 medical clinics, called The Clinic at Wal-Mart, in its stores by the end of 2010.
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Macy’s to shave $100m off costs as it axes regional HQ
Iconic department store group Macy’s has closed its Marshall Field’s regional headquarters in a restructure to cut its operating costs by US$100 million ( 51.3 million) a year.
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Bonmarche delivers ‘stonking performance’ in poor climate
Bonmarch has bucked the trend among value fashion retailers by posting soaring profits.
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Harrods unveils department store in Heathrow’s Terminal 5
Harrods has given the first glimpse of its department store offering in Heathrow’s Terminal 5.
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Ryman aims for 300 shops as it expects a record year
Stationery retailer Ryman expects record profits for the year to March 31, as it ramps up its store opening programme.
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Firebox seeks £5m to launchUS offensive
Online gadget retailer Firebox wants to raise 5 million of venture capital investment to fund domestic growth and expansion in the US.
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Uniqlo to bring smaller format to UK to up presence in capital
Uniqlo is to test a small-format store in the UK, following a successful pilot in Paris.
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TK Maxx plans its first central London store
Discount designer fashion retailer TK Maxx is understood to be gearing up to open its first central London store this spring.
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The Works boss Boardman mulls rescue package
The Works chief executive Chris Boardman is understood to be considering a management buy-out following the retailer’s collapse at the start of the month.