All News articles – Page 524
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NewsJohn Lewis sets out vision as profits shrink
John Lewis has revealed its strategy for the coming years and admitted its first-half profits will be “close to zero”.
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NewsJD Sports boss Cowgill’s pay probed by investor group
An influential investor group has urged JD Sports shareholders to rebel against executive chairman Peter Cowgill’s pay package.
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NewsThe Original Factory Shop tables CVA proposal
The Original Factory Shop (TOFS) has become the latest retailer to launch a CVA amid harsh retail conditions, Retail Week can reveal.
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NewsCarpetright swings to massive full-year loss as sales fall
Carpetright swung to a loss amid falling sales last year as the struggling business launched a CVA.
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NewsClarks boss Mike Shearwood quits amid misconduct claims
Clarks boss Mike Shearwood has quit the business following an internal investigation into allegations of misconduct.
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NewsExclusive: John Lewis rebrand to put partners centre stage
John Lewis Partnership is to unveil a major rebrand as it bids to emphasise its unique status, Retail Week understands.
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NewsTesco scraps Brand Guarantee price-matching scheme
Tesco is scrapping its Brand Guarantee scheme as it redirects investment into everyday low prices.
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NewsSir Philip Green came close to buying Marks & Spencer
Sir Philip Green came much closer than originally thought to acquiring Marks & Spencer in 2004, a new book has claimed.
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NewsGoldsmiths owner drafts in bankers for London listing
Aurum Holdings, the owner of high street jewellery chain Goldsmiths, has drafted in bankers as it pursues a stock market float.
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NewsTrade wars predicted to cost UK retail £200m
As much as £200m may be piled on to the cost of consumer goods to the UK as a result of the growing trade wars with the US.
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NewsAgenda: Carpetright, John Lewis Partnership and Be Inspired
Retail Week looks ahead to the next seven days, with updates from Capetright and John Lewis Partnership on the agenda, as well as the Retail Week Be Inspired conference.
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NewsHouse of Fraser creditors vote through CVA
House of Fraser’s company voluntary arrangement has been passed by its creditors, paving the way for the closure of half of its estate.
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NewsGreen seeks gagging order over fresh BHS report
Arcadia tycoon Sir Philip Green is battling to prevent the publication of a report into the collapse of BHS amid claims it could damage his reputation.
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NewsBRC welcomes post-Brexit EU settled status scheme
The British Retail Consortium (BRC) has hailed the Government for finally “providing clarity and certainty” for the 170,000 EU nationals working in retail.
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NewsM&S and Microsoft strike 'game changer' tech deal
Marks & Spencer is teaming up with Microsoft on a strategic initiative designed to transform the retail experience through AI, Retail Week can reveal.
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NewsMoonpig hires Finery co-founder as managing director
Greetings etailer Moonpig has appointed Finery co-founder Nickyl Raithatha as its managing director to succeed current boss James Sturrock.
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NewsDixons Carphone profits slump as sales fail to spark
Dixons Carphone has reported sliding full-year profits as tepid sales growth failed to offset “challenges in UK mobile” market.
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NewsHouse of Fraser lenders grant extension on loans
House of Fraser’s lenders have agreed to extend its loans, giving it more time to get its restructuring proposals in order.
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NewsIceland launches tech start-up accelerator programme
Iceland has become the latest retailer to establish a start-up tech accelerator programme as it seeks to take advantage of the opportunities heralded by digital innovation.
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NewsFootasylum sales jump in first year as listed company
Footasylum sales have jumped in its first full year as a listed business, following its admission to AIM.