All News articles – Page 320
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NewsIssa brothers complete £6.8bn acquisition of majority Asda stake
The Issa brothers and investment vehicle TDR Capital have confirmed the brothers’ acquisition of Asda for £6.8bn.
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NewsBP poaches Boots exec Tracey Clements to lead European forecourts business
BP has poached Boots executive Tracey Clements to lead its European convenience business.
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NewsRussia’s pound shop to launch London IPO
Fix Price, Russia’s version of Poundland, has set a course for a London stock market listing.
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NewsDunelm’s Will Adderley to sell shares as homewares boom continues
Dunelm’s deputy chair and biggest shareholder Will Adderley is set to reduce his stake in the company.
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NewsDeliveroo targets March 8 for stock market debut
Deliveroo could launch its blockbuster stock market float in as little as three weeks.
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NewsOcado launches aisle dedicated to B Corp-certified suppliers
Pureplay grocer Ocado has launched a dedicated aisle for B Corp-certified suppliers as the retailer aims to give customers greener and more sustainable choices.
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NewsMade.com considers potential for IPO
Online furniture specialist Made.com is considering options including a flotation that could value it at more than £500m.
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NewsArcadia property sales raise hopes for retailer’s pensioners
Pensioners at Sir Philip Green’s collapsed Arcadia fashion empire may receive more from their savings than originally feared, following property disposals.
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NewsBurberry becomes first non-essential retailer to return business rates relief
Luxury fashion giant Burberry is to voluntarily hand back savings made through business rates relief during the Covid-19 pandemic.
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NewsAlarm sounded over hit to high streets from residential developments
Relaxed rules on the conversion of commercial property to housing could threaten the health of town centres, the government has been warned.
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NewsAsda buyers’ junk bond sale raises £2.75bn for deal
Asda buyers the Issa brothers and their private equity partners have raised a record sterling junk bond to fund the acquisition.
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NewsCo-op launches major apprenticeship drive to close ‘opportunity gap’
The Co-op has launched a major new apprenticeship initiative to offer opportunities to people from disadvantaged communities across the UK.
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NewsTed Baker warns of £5m Brexit bill as festive sales slide
Ted Baker has warned it faces £5m of additional costs associated with Britain’s exit from the EU as it grapples to revive its fortunes.
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NewsRetailers lose £22bn in sales during coronavirus lockdowns
Retailers lost £22bn in sales last year after nationwide lockdowns decimated the performance of physical stores.
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NewsZalando poaches Boots beauty boss as it ramps up growth plans
Zalando has appointed Boots vice president of beauty and gifting Joanna Rogers to lead its expanding beauty offer.
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NewsSainsbury’s launches Aldi price match on hundreds of items
Sainsbury’s has waded into the grocery pricing wars by today launching its own Aldi price match on hundreds of key items.
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NewsDunelm hails strong interim results as profits and sales jump
Home and DIY giant Dunelm has said it has “never been more confident about the future” after interim profits and sales both soared.
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NewsJD Sports boss mulls EU warehouse due to Brexit red tape
JD Sports chief executive Peter Cowgill has warned of potential job losses due to the restrictions placed on businesses by the Brexit deal.
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NewsJohn Lewis bolsters fashion and beauty stable with 50 new brands
John Lewis has added a clutch of new brands across womenswear and beauty categories in response to shoppers favouring more casual attire in the current climate.
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NewsNotonthehighstreet snapped up by US firm Great Hill Partners
Online gifting retailer Notonthehighstreet has been taken over by US investment firm Great Hill Partners for an undisclosed sum.