All News articles – Page 527
-
NewsAO overhauls top team ahead of brand and services push
Electricals etailer AO World has reshaped its top management as it seeks to make the most of existing business strengths and chase new opportunities.
-
NewsAO.com full-year losses widen despite sales rise
AO.com has slipped further into the red despite increased sales as Britain’s Got Talent marketing costs and the weak pound bit into its bottom line.
-
NewsQuiz profits and sales soar in 'excellent' year
Quiz has posted a leap in full-year profits and sales, bolstered by a rapidly growing customer base and its successful float.
-
NewsMay retail sales rebound at highest rate since 2014
Retail sales in May registered the sharpest increase year on year since January 2014, spurred by warm weather, The Royal Wedding and strong grocery sales.
-
NewsMatalan posts profit rise after full-price sales focus
Matalan has recorded a rise in full-year profits after achieving an 11.7% uplift in full-price sales.
-
NewsJohn Lewis buys Opun to boost service credentials
The John Lewis Partnership has snapped up home improvement business Opun as it ramps up efforts to strengthen its services proposition.
-
NewsPoundworld closing in on rescue deal with Alteri
Former Austin Reed owner Alteri Investors is closing in on a deal to rescue embattled Poundworld.
-
NewsTesco shareholders urged to rebel over boss Lewis’ pay
Tesco’s shareholders have been urged to vote against boss Dave Lewis’ “excessive” pay and bonus package at its AGM next week.
-
NewsHouse of Fraser insists CVA plan ‘on track’
House of Fraser has insisted it is “on track” with plans to launch a CVA and secure new investment despite an alleged battle with its lenders.
-
NewsAgenda: WH Smith, Quiz, Joules and AO update the market
Retail Week looks ahead to the next seven days, with updates from WH Smith, Quiz and Joules on the agenda, plus the latest BRC retail sales figures, all on the agenda.
-
NewsMothercare CVA given green light by creditors
Mothercare’s creditors have approved the troubled retailer’s plans to shutter 50 stores and slash rents through a company voluntary arrangement (CVA).
-
NewsLush slammed over 'anti-police' #SpyCops campaign
Lush has been slammed by shoppers and members of the police for a campaign aimed at raising awareness of the “spy cops” scandal.
-
NewsHoF lenders seek cash injection as CVA approaches
House of Fraser’s key lenders are demanding proof that its Chinese shareholders will provide the £70m capital pledged last month.
-
NewsBHS.com to be shut down as Al Mana pulls plug
BHS.com, the online business launched in the wake of the BHS collapse, is being axed by its Qatar-based owner Al Mana Group.
-
NewsJohn Lewis to anchor Croydon shopping redevelopment
John Lewis will open a 165,000 sq ft department store to anchor the £1.4bn redevelopment of Croydon town centre.
-
NewsHut Group acquisitions boost profits and sales
The Hut Group’s profits and sales have rocketed following its acquisitions of new brands over the year.
-
NewsAsda full-year like-for-likes inch up as profits fall
Asda’s pre-tax profit shrank 10% last year despite an increase in like-for-likes.
-
NewsMorrisons outgrows big four amid May heatwave
Morrisons outgrew its big four rivals during May as warm weather, the royal wedding and the FA Cup final boosted overall grocery sales.
-
NewsM&S swerves FTSE 100 relegation as Ocado rises up
M&S has narrowly avoided being relegated from the FTSE 100 despite its share price tumbling after it unveiled a 66% profit drop and 100 store closures.
-
NewsShop prices fall in May amid fierce competition
The price of non-food items declined 2.5% in May year-on-year as industry conditions remain challenging and retailers continue to compete on price.