All News articles – Page 2103
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News
Lovelock steps down from Jacques Vert
Mosaic chief executive Derek Lovelock will retire as non-executive chairman of womenswear retailer Jacques Vert on November 1.
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Profit warnings for retailers continue to grow
Profit warnings from the retail sector have risen sharply in the last year. One third of FTSE general retailers have issued warnings in the last 12 months, compared to 24 per cent in the whole of 2006, according to a report by Ernst & Young. It warns that ...
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Sainsbury's sales climb
Sainsbury’s revealed second-quarter sales rose 4.7 per cent (excluding fuel), in line with company expectations.
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Thorntons celebrates stellar first quarter
Thorntons has reported strong trading in its first-quarter update.
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Theo Fennell boss to exit as sales soar
Theo Fennell managing director Barbara Snoad is to leave at the end of this year after six years at the upmarket jeweller.
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US Carpetright shareholder to block Lord Harris deal
Carpetright’s third biggest investor, Harris Associates, aims to halt the 850 million acquisition of the retailer by its founder.
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Baugur snaps up stake in Sports Direct
Serial investor Baugur has taken a stake in beleaguered retailer Sports Direct.
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Beales appoints Bhs retail director as chief executive
Department store Beales has appointed Tony Brown as group chief executive.
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Tesco defiant over online estate agency plans
Tesco may push ahead with plans to launch an online estate agency despite fierce opposition from other estate agents and the Office of Fair Trading (OFT).
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Littlewoods to scrap 280 jobs
Multichannel retailer Littlewoods is poised to axe 280 jobs nationwide in a bid to streamline its operations.
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NewsFocus store disposals to raise £68 million
DIY group Focus is to sell 41 stores for a total of £68 million as it undergoes a restructure, following its acquisition in July by investment firm Cerberus.
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Sainsbury's to go 100% fair trade on TU t-shirts
Sainsbury’s has vowed to covert all its TU t-shirts to ethically sourced fair-trade cotton by January next year.
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Sainsbury's £1.5 billion pension guarantee
Delta Two is reportedly putting the finishing touches to a 1.5 billion guarantee for Sainsbury’s pension fund.
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Zavvi unveils new logo
Zavvi managing director Simon Douglas has unveiled the company’s new logo, which has been “designed to reflect Zavvi’s dedication to being a truly multi-channel, independent entertainment retailer”.
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Gap plans push into the Philippines
Gap is set to open a dozen stores in the Philippines by 2012.
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Pension row threatens Sainsbury's deal
The 10.6 billion takeover of Sainsbury’s by Delta Two will not be backed by founding family shareholders unless the Qatari investment fund agrees to inject 2 billion into the deficit-hit pension fund.
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Carphone Warehouse UK marketing director leaves
Carphone Warehouse’s UK marketing director Dominic Rowell has left the retailer.
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Clinton Cards prelims impress
Clinton Cards has posted preliminary results ahead of City expectations.
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New Look heir killed in car crash
Andrew Singh, heir to the New Look clothing fortune, has been killed in a car crash in London.
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Nevisport hits the buffers
Scottish outdoor clothing and equipment retailer Nevisport has fallen into liquidation just two weeks after it was reportedly bought by Sports Direct owner Mike Ashley for 2.5 million.