All News articles – Page 2096
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Sports Direct ups stake in Umbro
Sports Direct has almost doubled its stake in Umbro to 29.9 per cent, raising doubt over Nike’s planned takeover of the makers of the England football team kit.
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Competition Commission: big supermarkets could be forced to sell landbanks
The Competition Commission has said the biggest supermarkets may be forced to sell their land holdings in its eagerly anticipated provisional findings of its grocery inquiry.
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US bond issue first for Tesco
Supermarket giant Tesco has raised US$2 billion ( 967.7 million) in its first bond issue in the US.
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Silverburn shopping centre in Glasgow opens
Retail Property Holdings’ 350 million Silverburn shopping centre in Glasgow opened its doors last week.
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Minister urges retail to work with authorities
Minister for Local Government John Healey this week called for the retail sector and local authorities to work more closely to bring investment to deprived areas.
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Metro Q3 sales climb
Metro has forecast a positive performance for the remainder of this year after recording healthy sales in its third quarter.
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Piasecki steps down from Goldsmiths
Goldsmiths chairman Jurek Piasecki is to step down as chairman after more than 25 years with the jewellery retailer.
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Value of stolen goods hits ten-year high as attacks on store staff soar
The value of stolen goods from retailers has hit a ten-year high according to the British Retail Consortium (BRC).
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Supermarkets “do not have a monopoly”
The supermarket sector is one of the most competitive segments of UK retailing and it is virtually impossible for one player to form a monopoly, according to Verdict Research.
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Baugur plans joint bid for Saks
Baugur is understood to be interested in a joint bid for US luxury department store Saks Fifth Avenue with Dubai-based Landmark Group.
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United Carpets tells AGM trading as expected
United Carpets has reported at its Annual General Meeting this morning that trade is continuing in line with expectations, driven by its strategy to maximise revenues from existing stores and expand its franchise business.
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Grocery inquiry mulls introduction of grocery ombudsman
The Competition Commission may outline proposals to appoint an independent ombudsman to oversee supermarkets’ relations with suppliers, in its provisional findings report on Wednesday.
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Scots to begin switch to digital next year
Scotland will start the changeover to digital television on November 6 next year.
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Zara launches home offering online
Zara’s online home shopping business made its debut across 14 European countries today.
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Gap pulls clothes at centre of child labour allegations
US fashion giant Gap has withdrawn clothes from its GapKids range that were allegedly made by child labourers in India.
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Wickes strikes franchise deal to enter Ireland
Wickes has agreed a franchise agreement with Moritz Home Improvements to roll out stores across Ireland , according to parent company Travis Perkins.
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LK Bennett up for sale again
LK Bennett has been put up for sale again by its founder Linda Bennett.
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Primark overtakes George in value clothing battle
Primark has leapfrogged George at Asda to become the UK’s leading value fashion retailer, according to Verdict.
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M&S’s Lane Fox backs online social networking
Marks & Spencer non-executive director Martha Lane Fox has highlighted the benefits of online social networking to retailers.
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Former Tesco Direct chief goes to M and M Direct
The former boss of Tesco Direct has been appointed chief executive of e-tailer M and M Direct, as management secured a 90 million buy-out of the business.