All News articles – Page 2097
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Delta Two ordered to put up or shut up on Sainsbury's
Delta Two, the Qatari investment vehicle hoping to acquire grocery group Sainsbury's, has been ordered by the Takeover Panel to announce a firm intention to make an offer by November 8.
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Littlewoods recalls £25 discount
Littlewoods has taken back a 25 discount from customers it says were not eligible to use the promotion.
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SRG seeks units to expand Suits You chain
Menswear retailer Speciality Retail Group (SRG) is to expand its Suits You format by between five and 10 stores over the next year.
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Mikey to break into Spain with El Corte
Fashion jewellery brand Mikey London has teamed up with Spanish department store chain El Corte Ingl s to expand throughout Spain.
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Sainsbury’s builds coupon offers with in-store system
Sainsbury’s is to pilot an in-store coupon system to direct offers to customers who do not have a Nectar card and tailor offers for those that do.
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Mike Clare primes Dreams for sale
Dreams is understood to have appointed KPMG to explore the possibility of a sale of the business for 250 million.
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Regent Street shop facelift leads Aquascutum portfolio redesign
Iconic British clothing brand Aquascutum has completed the first stage of its Regent Street flagship refresh.
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Asda’s second eco store hit by delay
Asda has hit a setback in its plans to open a second timber-frame store, which was due to welcome shoppers this autumn.
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Ministry goes to Derby
Fledgling menswear retailer Ministry has opened a store at the Westfield Derby shopping centre.
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Merchant Equity circles Kesa’s furniture chain
Private equity house Merchant Equity Partners is poised to buy French furniture chain BUT from Kesa for more than 400 million ( 278.2 million).
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Debenhams launches menswear in Desire stores
Debenhams has signalled new-found confidence in its menswear by introducing it to Desire stores.
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Sports Direct names new board members
Mike Ashley’s Sports Direct business has confirmed the departure with immediate effect of independent non-executive director Chris Bulmer and named two new non-executives.
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Asda demands inquiry-free decade for grocery sector
Longworth urges commission to lay off sector as early findings loom
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Home Retail: The City View
Interim group profits at the general merchandise and DIY retailer soared 40 per cent to 149.8 million on sales up 3 per cent to 2.74 billion, powered by Argos.
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Poundland unveils plan for international debut
Discount retailer Poundland plans to launch overseas as it expands rapidly in the UK.
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Mothercare sales skyrocket as ELC deal begins to bear fruit
Mothercare’s acquisition of Early Learning Centre (ELC) helped push group sales up 38.3 per cent in the 13 weeks to October 13, exceeding City expectations.
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Flying Brands profits hit but expansion continues
Home shopping retailer Flying Brands is to push ahead with global expansion, despite issuing a profit warning this week.
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Kingfisher and DSGi shares drop as Debenhams revives fortunes
A swathe of updates, deal gossip and big swings in share prices characterised the week.
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Sainsbury’s hires buying director for clothes as it steps up non-food drive
Sainsbury’s has promoted a long-serving consultant to the strategically important role of buying and merchandising director for clothing as it seeks to push its non-food sales.
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Whole Foods bags property chief from Bank
US grocer Whole Foods Market has confirmed its commitment to the UK by hiring Bank Fashion property director Nina Shores to spearhead its expansion.