All News articles – Page 460
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NewsJulian Richer hands control of Richer Sounds to staff
Richer Sounds founder Julian Richer is gifting control of the electricals business to staff, who are in line to receive significant cash bonuses.
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NewsWalmart's Judith McKenna: We're focused on Asda's future
Walmart International boss Judith McKenna has insisted the business is committed to driving Asda’s strategic plan following the collapse of its proposed merger with Sainsbury’s.
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NewsAmazon partners with Next for click-and-collect
Amazon has partnered with Next to launch a click-and-collect service desk called Counter.
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NewsSupermarkets could be fined for food waste, Gove says
Environment Secretary Michael Gove has urged supermarkets to commit to halving food waste by 2030 or risk facing Government fines.
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NewsLandsec losses widen despite sales increase
Landsec recorded widening full-year losses against a backdrop of what boss Robert Noel described as “well-publicised difficulties in the retail market”.
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NewsCotswold Outdoor owner's CVA approved
Cotswold Outdoor owner Outdoor & Cycle Concepts has won approval for its CVA by a majority of over 97% of creditors.
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NewsJust 3% of retailers think business model fit for next five years
Only three in every 100 retailers think their business model and customer proposition will remain relevant over the next five years.
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NewsM&S seeks to end ‘it doesn’t fit’ worries with digital investment
Marks & Spencer has taken a stake in a specialist clothes-fitting technology company as part of its drive to enhance its digital capabilities and bolster its appeal to fashion shoppers, Retail Week can reveal.
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NewsHolland & Barrett to name new chief executive
Holland & Barrett is poised to appoint former Travis Perkins director Tony Buffin as its new chief executive, Retail Week understands.
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NewsShop Direct launches agile customer service innovation team
Shop Direct has appointed a specialist, 20-strong team of advisers to help drive innovations across its customer service division.
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NewsBoots full-year profits slide as sales dip
Boots has recorded a fall in its full-year profits as its sales and margins were eroded by stiff competition from its rivals.
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NewsSelect to launch CVA proposal this week
Select has confirmed it will launch a CVA at some point this week after falling into administration earlier this month.
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NewsTesco to cull brands as Dave Lewis repeats call for online retail tax
Tesco is preparing for another round of sweeping cuts to the number of brands it stocks on its shelves, as boss Dave Lewis reiterates calls for an online sales levy to even the playing field for bricks-and-mortar retailers.
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NewsFarfetch tackles sustainability with resale initiatives
Luxury fashion retail platform Farfetch has launched two new initiatives to tackle sustainability in the fashion industry.
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NewsRetailers slip down The Sunday Times Rich List
A number of retailers, including Sir Philip Green, have tumbled down this year’s The Sunday Times Rich List as turbulent conditions on the high street take a toll on personal fortunes.
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NewsAsda accused of ‘chasing lost cause’ in pay dispute
Asda has been told to “stop chasing a lost cause” by the union for its employees, as its equal value case returns to court
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NewsAshley to invest millions in upgrading House of Fraser stores
Mike Ashley has pledged to invest hundreds of millions of pounds into House of Fraser in exchange for three-year rent holidays on the redeveloped stores.
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NewsVacancy rates at highest level for four years as footfall declines
National town vacancy rates were at their highest in four years, as high street footfall declined again, according to new figures from the BRC.