All News articles – Page 500
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NewsAgenda: Quiz, Pets at Home, Topps Tiles and Intu
Retail Week looks ahead to the next seven days with updates from Quiz, Pets at Home, Topps Tiles and Intu all on the agenda.
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NewsHomebase secures £95m loan to finance turnaround
Homebase has secured a war chest to help finance its turnaround plans.
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NewsMoody’s brands New Look debt 'unsustainable'
Moody’s has downgraded New Look’s credit rating, calling its debt levels “unsustainable” and its cash flow “insufficient”.
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NewsAshley demands to meet MPs to 'save the high street'
Sports Direct tycoon Mike Ashley will set out his views on how to save the high street in a meeting with MPs next month.
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NewsMajestic swings to red amid customer acquisition plan
Majestic Wine has swung to a half-year loss as the retailer ramps up investment in acquiring new customers.
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NewsMothercare losses swell in first half as UK sales tumble
Mothercare has suffered ballooning half-year losses as sales tumbled within its core UK business.
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NewsGap CEO unveils plan to close hundreds of stores
Gap chief executive Art Peck has said it will close hundreds of its stores “with urgency” in a bid to shore up its flagging fortunes.
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NewsPoundland recruits finance and logistics execs
Poundland has announced two new additions to its leadership team.
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NewsIkea could axe 350 UK jobs in global restructure
Ikea has revealed plans to axe 350 UK jobs as part of a global restructure as it bids to cater for a changing customer profile.
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NewsSainsbury's opens 'experimental' new-look supermarket
Sainsbury’s has launched an “experimental” new supermarket format to pilot a host of new features including a food market, an Oasis and a frangrance section.
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NewsFarmers’ union warns on Asda-Sainsbury’s deal
A takeover of Asda by Sainsbury’s would hit farmers’ margins and could affect food quality and choice, according to the National Farmers’ Union.
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NewsKingfisher to quit Russia, Portugal and Spain in strategic refocus
DIY giant Kingfisher is to exit Russia, Portugal and Spain to concentrate on its main markets.
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NewsMatalan launches in-house user experience lab
Matalan has established a user experience lab at its head office in a bid to gain a better understanding of its customer.
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NewsAO.com shrinks losses and smart home drives sales
AO.com has posted reduced interim losses despite the UK market for white goods “becoming tougher than expected” as newer categories drove sales growth.
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NewsBonmarché profits fall as store sales slide
Bonmarché has recorded a decline in its interim profits as boss Helen Connolly says “weaker consumer sentiment and footfall” hurt store sales.
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NewsGoogle and NearSt tie up to push local high street sales
Google and retail tech start-up NearSt have collaborated to allow shoppers to get information about specific product availability at shops nearby.
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NewsHut Group chair Richard Pennycook to step down
The Hut Group’s chief executive and founder Matthew Moulding will take over from Richard Pennycook as executive chair next year.
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NewsB&Q to sell stores for £125m to fund turnaround plan
B&Q plans to sell six of its UK stores in a bid to raise funds for boss Véronique Laury’s five-year transformation strategy.
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NewsEvans Cycles stores to be shuttered despite profitability
Evans Cycles’ new owner Mike Ashley has decided to close half of its shops despite administrators advising that “almost all” of its stores make money.
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NewsJeff Bezos: ‘I predict one day Amazon will fail’
Amazon founder Jeff Bezos has told staff that Amazon is not “too big to fail” and that one day it will “go bankrupt”.