All News articles – Page 447
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NewsAmazon to create 2,000 new UK jobs
Amazon is set to increase its UK headcount to nearly 30,000 with recruitment to 2,000 new roles across the organisation this year.
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NewsConsumers given ‘welcome break’ as shop prices fall
Shop prices fell last month for the first time since October last year in a sign of “fierce competition between retailers”, according to the BRC-Nielsen Shop Price Index.
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NewsFortress closes in on £100m Majestic Wine deal
US private equity firm Fortress is closing in on a £100m deal to buy Majestic Wine – and has sounded out industry veteran Dan Jago to run the business.
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NewsSports Direct’s long-standing head of retail Karen Byers exits
Sports Direct’s retail chief Karen Byers has abruptly exited the retailer after a 28-year stint at the business.
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NewsOffice latest high street retailer to mull CVA
Office is considering launching a CVA as part of a restructuring process which is expected to take place over the next few weeks.
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NewsBonmarché management sell stakes to Day
Bonmarché’s management have sold their shares in the business to Philip Day, just weeks after telling shareholders to ignore the entrepreneur’s offer.
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NewsZalando: ‘Instagram will be our biggest competitor’
European fashion retailer Zalando has said it has an unconventional competitor in the likes of photo-sharing app Instagram as the social platform moves further into the online retail space.
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NewsJack Wills set for cash crunch after poor trading
Struggling fashion retailer Jack Wills is heading towards a cash crunch after burning through cash injections from its private equity owner BlueGem.
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NewsBonmarché shareholder sells stake to Day
One of Bonmarché’s biggest shareholders has sold its stake to Philip Day in a move that increases the retail billionaire’s chances of gaining control of the business.
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NewsFormer Tesco chair slams Leahy’s ‘arrogant’ management
Tesco’s former chief executive Terry Leahy has been slammed by former chair Lord MacLaurin, who says he regrets appointing the much-lauded retail leader after the “whole thing went pear-shaped”.
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NewsAgenda: Sainsbury’s and The Hut Group update the market
Retail Week looks ahead to the next seven days with updates from Sainsbury’s, The Hut Group and The Works on the agenda.
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NewsBoots confirms plans to shutter 200 stores
Boots’ UK boss Seb James has confirmed the retailer’s plans to close approximately 200 stores by 2021.
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NewsConsumers braced for ‘turbulence’ as confidence slides
Consumer confidence registered declines across all measures this month as shoppers’ concerns regarding their personal finances increased.
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NewsFrench Connection extends sale deadline
French Connection has extended the deadline of its “formal sale process” until the time of its interim results on September 17.
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NewsTopshop launches beauty range on Zalando
Topshop has rolled out its beauty range on fashion etail marketplace Zalando in a bid to drive European sales.
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NewsJohn Lewis Partnership to outsource hundreds of maintenance roles
Maintenance staff at John Lewis Partnership risk losing thousands of pounds a year through the loss of bonuses after it was announced their roles would be outsourced to US-owned real estate company CBRE.
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NewsSuperdry postpones results after boardroom exodus
Superdry has announced it will delay posting its full-year results following “recent management transition”.