All News articles – Page 453
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NewsBoux Avenue raids M&S to complete top team
Boux Avenue, the specialist lingerie retailer owned by tycoon Theo Paphitis, has completed its senior management team with a hire from category market leader Marks & Spencer.
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NewsTesco to hike pay of store and warehouse workers
Tesco is to hike the pay of its shopfloor and warehouse workers by more than 10% across the next two years.
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NewsAldi tests paper and compostable bags in plastic crackdown
Aldi is trialling paper and compostable bags in a bid to remove more than 33 million plastic bags from its estate.
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NewsOcado invests £17m to 'become a leader' in vertical farming
Ocado has today announced twin investments which it said will enable it to “become a leader in the newly emerging vertical farming industry”.
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NewsBoohoo co-founder hit with £118.5m lawsuit
Boohoo’s joint boss and co-founder has been hit with a £118.5m lawsuit from an IT contractor claiming to be the third founder behind the fast-fashion etailer.
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NewsUK retailers suffer worst May in six years as footfall plummets
UK retailers suffered the steepest level of monthly footfall decline in six years during May, according to the latest figures from the British Retail Consortium.
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NewsData: Retailers to spend £160bn on technology this year
The amount spent on technology by retailers across the globe will top $203bn (£161.2bn) in 2019, new research has revealed.
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NewsPaul Geddes among candidates to become Kingfisher boss
Paul Geddes is one of the top candidates to become chief executive of DIY giant Kingfisher, Retail Week understands.
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NewsEx-Superdry boss Sutherland in mix for Debenhams top job
Former Superdry boss Euan Sutherland has emerged as a leading candidate to take the reins at Debenhams, Retail Week has learned.
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NewsAgenda: Tesco, Ted Baker and Boohoo update the market
Retail Week looks ahead to the next seven days with updates from Tesco, Boohoo, Majestic Wine and the postponed result of the Arcadia CVA vote on the agenda.
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NewsBarnes & Noble snapped up by Waterstones owner
Barnes & Noble has been acquired by Waterstones’ parent company Elliott Advisors in an all-cash deal.
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NewsArcadia CVA: Rent cuts reduced as Green plugs gap
Sir Philip Green’s retail empire Arcadia has pledged to reduce the rent cuts proposed in its CVA in a bid to get landlords onside, Retail Week can reveal.
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NewsMonsoon not looking to close stores in CVA
Monsoon is not looking to close any stores as part of its delayed CVA proposal, but it is looking to resize a number of units in its estate as well as slash or even eliminate rents on a number of others.
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NewsMonsoon delays CVA plans after Arcadia stalemate
Monsoon owner Peter Simon has postponed the fashion chain’s restructuring plans after landlords failed to offer sufficient support to Sir Philip Green’s Arcadia CVA earlier this week.
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NewsBoohoo pressed by MP Creagh after refusing union talks
The union of shop, distribution and allied workers (Usdaw) with help from MP Mary Creagh is stepping up its campaign for recognition at online retailer Boohoo after it refused to meet for talks on ethical trading standards.
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NewsAmazon rolls out train station kiosks to drive deals offline
Amazon is rolling out physical kiosks in train stations around London as part of its plan to develop its bricks-and-mortar offer.
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NewsNew Look hires boardroom big-hitters as founder Singh steps down
Fashion retailer New Look has bolstered its board with a raft of big names and founder Tom Singh is to retire.