All News articles – Page 469
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NewsAshley offers to underwrite Debenhams equity issue
Sports Direct boss Mike Ashley proposed to underwrite a £150m equity raise for existing Debenhams shareholders but has also called for members of the department store group’s board to take a lie detector test.
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NewsArcadia plans to halve pension contributions
Arcadia wants to halve the amount it pays into its pension pot every year as it seeks to restructure amid torrid high street trading conditions.
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NewsAgenda: Tesco, Asos and WHSmith update the market
Retail Week looks ahead to the next seven days with Tesco, Asos, WHSmith and Dunelm update on the agenda
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NewsPrivate equity 'has no place in retail', argues Knight Frank
A new report has lambasted the “traditional private equity” model, saying it has no place in the retail sector.
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NewsGender pay gap does not reflect retail industry, says BRC
The BRC has said the UK retail industry has a much lower gender pay gap than many other industries but that “a single figure on its own is not a reflection” of the industry’s diversity.
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NewsNisa boss Towle: Era of big four c-store expansion is over
Nisa boss Ken Towle believes the symbol group can benefit from what he sees as a pivot away from convenience stores by its larger grocery rivals.
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NewsAsos threatens crackdown on serial returners
Asos has sent an email to customers detailing changes to its returns policy, including threatening to investigate and “take action” if it notices “unusual patterns”.
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NewsNew Look operations boss Monaghan exits
New Look managing director of group operations Dan Monaghan will depart the business in a senior management team restructure, Retail Week can reveal.
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NewsCo-op revival continues as profitability ‘exceeds expectations’
The Co-op has said its profitability “exceeded expectations” in 2018, driven by its acquisition of grocery wholesaler Nisa and strong performance in food.
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NewsCharles Tyrwhitt chief executive steps down
Charles Tyrwhitt boss Michael Stanier has stepped down from the helm of the business a year after taking up the role.
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NewsFormer Superdry boss Sutherland in line for £730,000 payoff
Superdry’s former chief executive Euan Sutherland is set to receive a £730,000 payoff from the fashion brand, after his resignation at the reappointment of Julian Dunkerton.
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NewsJD Sports buys Pretty Green out of administration
JD Sports has snapped up Liam Gallagher-founded fashion retailer Pretty Green days after administrators were appointed.
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NewsAO sales peak as Europe drives growth
AO.com expects revenues to rise this year thanks to a growth spurt in Europe.
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NewsMothercare sales fall as it claims 'significant progress'
Mothercare like for likes fell in its fourth quarter but the retailer hailed “significant strategic progress and full-year profit in line with market expectations”.
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NewsData: The 50 most vibrant retail locations in the UK
For the second year in a row, Cambridge has beat a host of central London locations to be named the best-quality retail destination in the UK.
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NewsData: The 50 worst retail locations in the UK
Shopping destinations in Newcastle, Glasgow, Birmingham, London and Liverpool have been named among the worst-quality retail locations in Britain.
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NewsClarks hires three new non-executive directors
Clarks has appointed three non-executive directors as it begins a new chapter under new chief executive Giorgio Presca.
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NewsTopps Tiles records improving sales trend
Specialist retailer Topps Tiles has reported an improving sales trend over its second quarter.