All News articles – Page 517
-
NewsBHS auditor PwC slammed in damning watchdog report
Financial accounts of failed department store chain BHS contained “incomplete, inaccurate and misleading” statements following failings by auditor PwC, a new report has ruled.
-
NewsJack Wills founder Williams ousted amid row with owner
Jack Wills founder Peter Williams is to exit the business following a bust-up with its private equity owner BlueGem.
-
NewsSainsbury's pilots checkout-less scan-and-go payments
Sainsbury’s has launched a new scan, pay and go smartphone app that will allow shoppers to pay for products without visiting a checkout.
-
NewsAmazon faces crackdown over ‘misleading’ delivery claims
Amazon is set to be told by the UK’s advertising regulator to stop claiming that it guarantees next-day deliveries through its Prime subscription service.
-
NewsAgenda: Asda and Kingfisher update the market
Retail Week looks ahead to the next seven days, with updates from Asda and Kingfisher.
-
NewsPhilip Hammond considering 'Amazon tax' for etailers
Chancellor Philip Hammond has said he is considering a tax on online retailers but steered clear of any pronouncement on business rates.
-
NewsPoundworld brand could be resurrected by rescue bid
The Poundworld brand and a handful of its shops could be saved following an eleventh hour rescue bid by Irish retail family the Hendersons.
-
NewsSports Direct acquires House of Fraser for £90m
Sports Direct has bought House of Fraser out of administration for £90m following a battle to control the beleaguered department store chain.
-
NewsTopshop calls time on Chinese franchise partnership
Arcadia owner Sir Philip Green has suffered a fresh setback after calling time on his bid to crack China.
-
NewsHouse of Fraser calls in administrators as rescue talks fail
House of Fraser has tumbled into administration after last ditch talks to save the business collapsed.
-
NewsCard Factory trims profit guidance despite sales rise
Card Factory has downgraded its full-year profit expectations despite registering a boost in interim sales.
-
NewsHoF creditors to pick a rescue bid as early as today
House of Fraser’s lenders could reportedly decide on bids from at least three white knights today, including Mike Ashley, Philip Day and Alteri Investors.
-
NewsOver 1,000 Homebase jobs at risk
Homebase will reportedly close a quarter of its stores in a company voluntary agreement that could lead to more than 1,000 job cuts.
-
NewsWhite Stuff profits halve as 'test and learn' misfires
White Stuff has recorded a slump in sales and profits after a ‘test and learn’ product strategy misfired and heavily constrained trading in the first half.
-
NewsScS like-for-likes nudge up as soft trading hits
ScS’ like-for-likes inched up over the year with softer trading and extreme weather hitting its second half.
-
NewsZalando expects profits at lower end of target range
Zalando is forecasting its profits will be at the lower half of its target range despite order and customer numbers spiking in the second quarter.
-
NewsRetail sales growth slows even in heatwave
Retail sales growth slowed last month despite much of the population spending big on food and drink during the heatwave.
-
NewsNew Look profits up despite falling sales
New Look has reported rising profits despite a dip in sales in its first quarter.
-
NewsM&S partners with True to ramp up tech focus
Marks & Spencer has partnered with retail and consumer tech investment firm True to enhance its digital innovation capabilities.
-
NewsTesco and Carrefour strategic alliance struck
Tesco and Carrefour have formally agreed their strategic alliance.