All News articles – Page 526
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NewsPoundworld founder hopes to pull off rescue deal
Poundworld entrepreneur Chris Edwards is considering buying back part of the value retailer’s business following its collapse into administration yesterday.
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NewsTed Baker posts sales rise despite poor weather
Ted Baker has reported a 4.2% increase in group sales despite tough trading conditions and unseasonal weather.
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NewsBoohoo sales surge as multibrand strategy pays off
Boohoo has reported rocketing revenues in its first quarter and expects continued growth throughout the year.
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NewsPoundworld collapse puts more than 5,000 jobs at risk
Poundworld has plunged into administration putting around 5,100 jobs at risk.
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NewsAmazon slammed over working conditions in China
Amazon has been attacked by a labour watchdog over working conditions at a plant in China where its smart speakers and e-readers are manufactured.
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NewsFootfall recovers in May but shoppers shun malls
Footfall slipped again in May despite showing signs of recovery following steep declines in shopper numbers in March and April.
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NewsAgenda: Tesco, Boohoo and Ted Baker update the market
Retail Week looks ahead to the next seven days, with updates from Tesco, Boohoo, Ted Baker, Majestic, N Brown and Mulberry on the agenda.
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NewsTesco’s Lewis voices business rates concerns
Tesco chief executive Dave Lewis has blamed the burden of business rates for the collapse of some retailers.
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NewsLord Kirkham-founded Fabb Sofas enters administration
Fabb Sofas has fallen into administration less than two years after it was founded, due to a lack of external funding.
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NewsB&Q consults 700 staff on sales overhaul
B&Q is to overhaul how it sells kitchens and bathrooms and has begun consultations with 700 workers who will be affected by the changes.
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NewsNotonthehighstreet ecommerce director departs
Notonthehighstreet ecommerce director Ollie Scheers has left the online gifting platform after less than 18 months in the role.
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NewsIkea pledges to remove all single-use plastic by 2020
Ikea has revealed plans to ditch all single-use plastic products in the next two years as concerns grow over the impact of plastic pollution on the environment.
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NewsPoundworld to file intention to appoint administrators
Poundworld will file its intention to appoint administrators today after a rescue bid from Alteri collapsed, putting 5,500 jobs at risk.
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NewsHouse of Fraser plans 31 store closures as CVA unveiled
House of Fraser has proposed the closure of 31 stores through a CVA, details of which have now been revealed.
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NewsJoules profits to beat expectations after sales surge
Joules expects full-year profits to come in just ahead of City expectations after sales rose strongly last year.
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NewsAmazon seeks 2,500 more UK staff
Amazon is to increase UK staff numbers by 10% this year as it creates 2,500 permanent jobs.
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NewsSainsbury's names Moriarty chief digital officer
Sainsbury’s has promoted its online boss Clodagh Moriarty to the newly created role of chief digital officer.
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NewsPoundworld future in doubt as Alteri ditches rescue bid
Poundworld’s talks with Alteri Investors have ended at the eleventh hour, casting fresh doubt over the survival of the beleaguered value chain.
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NewsCarpetright secures £60m lifeline through share issue
Carpetright has secured the £60m it needs to fund its CVA and restructuring costs via a share issue.
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NewsWHSmith travel sales rise as high street dips
WHSmith’s travel sales rose in its third quarter as it developed a new smaller format for high street stores.