All News articles – Page 433
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NewsSports Direct boss Mike Ashley faces growing shareholder revolt
A third proxy advisor has called for shareholders to vote against Mike Ashley’s re-appointment as chief executive of Sports Direct at its upcoming annual general meeting (AGM).
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NewsShoe Zone issues profit warning as chief executive exits
Shoe Zone chief executive Nick Davis has resigned from his role as the retailer warns that full-year profits will be below expectations due to “tough high street trading”.
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NewsCustomer confidence slides amid political upheaval
Customer confidence declined across all measures in August as shoppers’ outlook on their personal finances and the economy faltered.
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NewsArcadia digital boss Andy Harding takes helm at Openpay
Arcadia’s interim chief digital officer Andy Harding has been appointed as UK managing director of buy now, pay later firm Openpay.
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NewsAlibaba launches first European store in Spain
Alibaba has opened its first physical store in Europe on institutional landlord Intu’s Xanadú scheme in Madrid.
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NewseBay calls for SMEs to have bigger say on trade deals
Online marketplace eBay has called for the UK’s small and medium-sized businesses to have a greater say in future trade negotiations.
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NewsForever 21 poised to file for bankruptcy in US
Forever 21 is poised to file for bankruptcy in the US after talks over a potential refinancing deal stalled.
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NewsMcColl’s sales slip in ‘highly unseasonable summer’
McColl’s has suffered a fall in third-quarter sales, which it blamed on a “highly unseasonable summer” and “ongoing macroeconomic uncertainty”.
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NewsJohn Lewis sales fall despite warmer bank holiday weather
John Lewis Partnership’s weekly sales figures were down year on year, despite record-breaking temperatures over the recent bank holiday weekend.
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NewsHammerson launches Leeds City Quarters concept
Hammerson has unveiled plans for its latest City Quarters concept in Leeds, which will sit adjacent to its Victoria Gate shopping centre in the city.
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NewsSupermarkets slammed for offering ‘dodgy’ pricing deals
Supermarkets have been slammed for continuing to offer “dodgy” special offers and discounts, despite the introduction of government rules designed to stamp out such deals.
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NewsPrimark to train 160,000 farmers in sustainable cotton production
Primark is to train 160,000 cotton farmers in China, India and Pakistan in environmentally friendly farming methods in its latest sustainability initiative.
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NewsTed Baker strikes Japanese licensing deal to drive growth
Ted Baker is to license its Japanese business, which at present is directly operated, to local partner Sojitz Infinity.
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NewsWHSmith posts strong full-year travel performance
WHSmith has reported strong trading at its travel division and performance in line with expectations at its high street arm.
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NewsMoonpig drafts in Kate Swann as chair
Former WHSmith chief executive Kate Swann is to join online greetings card specialist Moonpig Group as chair.
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NewsWeak consumer spending drives shop prices down
Shop prices fell slightly in August, driven by weak consumer spending and “stiff competition” between retailers.
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NewsApollo ties up with Alteri for new distressed retail fund
US investment firm Apollo has more than doubled its investment in turnaround specialist Alteri Investors to set up a second investment vehicle focused on the EU retail sector.