All News articles – Page 2055
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Morrisons to launch IT recruitment drive
Morrisons is to embark on a large-scale IT recruitment drive, following the signing of a landmark deal with software giant Oracle late last year.
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Tesco no longer to accept cheques
Tesco has become the latest in a long line of retailers to stop accepting cheques at tills.
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NewsNet-a-Porter to sell Halston garments 24 hours after catwalk launch
Fashion web site Net-a-Porter will offer pieces from American fashion brand Halston to customers only 24 hours after the collection is shown next week at New York Fashion Week.
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JJB gives green light for Nike’s Umbro deal
JJB Sports has backed sports brand Nike’s proposed acquisition of England football shirt manufacturer Umbro.
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Shoe Zone completes purchase of Stead & Simpson
Stead & Simpson has today confirmed that a newly formed company backed by Shoe Zone has bought the footwear business. Stead & Simpson went into administration late last night and Shoe Zone bought the majority of the business, saving some 2,700 jobs. Stead & Simpson had been experiencing a difficult ...
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Debenhams to anchor Aylesbury scheme
Department store Debenhams has signed to anchor the Waterside shopping centre at Aylesbury in Buckinghamshire.
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January sales weak, but February outlook positive
Sales on the UK high street in January remained weak, but retailers are bullish about the prospects for February, according to the CBI’s Distributive Trades Survey.
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Liverpool One to host raft of Inditex stores
Fashion and homewares retailer Inditex will debut its youth fashion concept Pull & Bear in the UK as part of a raft of units it has secured at Grosvenor’s Liverpool One.
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Landmark ups stake in Debenhams
Landmark Group has once more increased its stake in Debenhams to total more than 9 per cent, via its investment vehicle Milestone Resources.
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BrightHouse hires Pym as chairman
BrightHouse, the private equity backed hire purchase store group, has appointed Richard Pym as non-executive chairman.
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Alliance Boots seals China partnership
Alliance Boots has completed the formation of its joint-venture company in China, Guangzhou Pharmaceuticals Corporation (GP Corp), for approximately 41 million.
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Marks & Spencer bans cheques
Marks & Spencer is the latest retailer to stop accepting cheques at its cash desks.
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Jessops chief nets £500,000 bonus
The chairman of beleaguered camera retailer Jessops collected a 500,000 bonus last year.
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Woolworths shakes up management
Variety store group Woolworths has made high-level management changes at its entertainment supply business EUK and retail division in an effort to drive the business forward this year.
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Sir Tom Hunter sells D2
Sir Tom Hunter has sold his clothing and footwear chain D2 in a multimillion-pound management buy-out in an effort to 'declutter' West Coast Capital's retail operation.
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Littlewoods moves on Empire Stores
Littlewoods has announced that it intends to buy Empire Stores' debtor book after it was reported that its owner Redcats was closing the business.
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Tesco hoax bomber gets six years
A man who tried to extort 1 million from grocery giant Tesco has been jailed for six years.
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Woolworths bins HD-DVDs
High street chain Woolworths is to become the first major retailer to stock only Blu-Ray high-definition DVDs and to drop HD-DVDs.