All News articles – Page 480
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NewsClarks hires new chief executive
Clarks has confirmed the appointment of Giorgio Presca as its new chief executive, more than six months after its previous boss quit due to misconduct allegations, Retail Week can reveal.
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NewsKarren Brady resigns as chair of Arcadia owner
Karren Brady has resigned from her role as chair of Arcadia owner Taveta Investments, less than two years after being appointed.
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NewsHammerson ramps up sell-off ambitions as profits fall
Hammerson has posted a decline in its full-year property values in what boss David Atkins described as “a tough year, particularly for the UK”.
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NewsPrimark interim sales rise bolstered by UK
Primark has reported an uplift in sales at the half-year mark but like-for-likes slipped due to a slowdown in Europe.
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NewsKKR mulls Asda swoop as Sainsbury’s merger stumbles
KKR is reportedly eyeing a bid for Asda under the direction of senior adviser and the grocer’s former boss Tony De Nunzio.
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NewsThe Body Shop full-year sales and profits climb
The Body Shop has posted an uplift in its full-year sales as parent company Natura’s transformation plans start to bear fruit.
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NewsPrimark, Hotel Chocolat and Travis Perkins update the market
Retail Week looks ahead to the next seven days, with Primark, Hotel Chocolat, Travis Perkins and the Brexit vote on the agenda.
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NewsSainsbury’s ‘blew money and credibility’ on Asda deal
One of Sainsbury’s leading shareholders has hit out at the business for “blowing money and credibility” on its proposed merger with Asda.
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NewsDixons Carphone makes key hire to boost credit business
Dixons Carphone has hired its first-ever consumer finance director as it presses ahead with plans to grow its credit business, Retail Week can reveal.
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NewsRetailers warn of no-deal Brexit food price hikes
Retailers in the UK and Ireland have warned of the “devastating” impact of a no-deal Brexit including hiked food costs.
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NewsMPs call for online sales tax to save high street
A parliamentary inquiry has called for a new online sales tax to “level the playing field” and provide “meaningful relief” to high street retailers.
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NewsIntu to look to residential and hotels to drive footfall
Intu’s chief financial officer Matthew Roberts has said the property giant will be looking to intensifying its residential and hotel offerings to offset declining retail footfall.
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NewsIceland Christmas sales fall despite 'Rang-Tan' ad storm
Iceland suffered a fall in sales during the crucial festive trading period despite the impact of its Christmas advert.
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NewsIntu suffers drop in footfall but rental income rises
Intu suffered a drop in footfall to its shopping centres last year but hailed “robust” growth in rental income.
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NewsLaura Ashley warns on profits amid ‘market turbulence’
Laura Ashley has warned full-year profits will “fall short of market expectations” following “difficult” trading conditions in the first half of its financial year.
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NewsSainsbury's-Asda merger on knife edge after CMA findings
Sainsbury’s £13bn merger with rival Asda could be blocked by the competition watchdog after it found “extensive competition concerns” surrounding the deal.
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