All News articles – Page 580
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NewsPoundland to ignore deadline over old £1 coins
Poundland will ignore the Royal Mint’s deadline and continue to accept old £1 coins after they cease to be legal tender at the weekend.
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NewsBrightHouse circled by consortium of US hedge funds
BrightHouse is being circled by a consortium of bondholders as pressure mounts on the rent-to-own retailer to strike a refinancing deal.
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NewsOasis, Coast, Warehouse sale abandoned by Kaupthing
Icelandic bank Kaupthing has abandoned plans to sell Oasis, Coast and Warehouse after insisting the market “does not currently recognise the value” of the businesses.
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NewsShop Direct boss Alex Baldock bows out
Retail’s rapidly revolving doors continued to spin today as Shop Direct unveiled that its head honcho Alex Baldock would leave the business next summer.
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NewsNisa names Misra interim boss as first-half sales jump
Nisa named non-executive director Arnu Misra as interim chief executive as it unveiled an uplift in sales during its first half.
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NewsAlex Baldock to step down from Shop Direct
Shop Direct chief executive Alex Baldock is leaving the pureplay etailer next summer after five years at the helm.
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NewsZalando and Google create AI-powered gifting chatbot
Zalando and Google have collaborated on a gift-finder assistant that asks users questions about the type of present they are looking for and suggests products.
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NewsRoyal Mail workers union confirms plans to strike
The Royal Mail said it is “committed to further talks” as the Communication Workers Union (CWU) unveiled plans for three days of industrial action this month.
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NewsAgenda: Ted Baker, WHSmith, Quiz, Booker and N Brown update
Retail Week looks ahead to the next seven days, with financial updates from Ted Baker, WHSmith, Quiz, Booker and N Brown all on the agenda.
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NewsRising stars: The next generation of retail leaders
Regional manager from Majestic Wine Rachel Carr has been named winner of winners at 2017’s Retail Week Rising Stars Awards in association with Theo Paphitis Retail Group.
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NewsWholesalers call on CMA to block Tesco-Booker merger
The bosses of the UK’s seven biggest wholesale businesses have called on the Competition and Markets Authority (CMA) to block the deal.
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NewsSports Direct axes nearly half of Debenhams concessions
Sports Direct has shuttered four out of nine of its concessions in Debenhams stores, two of which are in the department store’s Oxford Street flagship.
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NewsToday in retail: DFS profits dive as big ticket divides
DFS unveiled an understuffed set of results today, demonstrating growing disparity in the big ticket market.
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NewsMove of the week: Two new hires at Debenhams
The Sergio Bucher revolution continues at Debenhams as the executive team welcomes two new faces who will bring fresh impetus to Bucher’s transformation of the retailer.
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NewsIceland joint managing director Nick Canning quits
Iceland’s joint managing director Nick Canning has quit the grocer after almost 15 years with the business.
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NewsDFS profits plunge in ‘very challenging’ furniture market
Sofa stalwart DFS said full-year profits were hit by consumer uncertainty and sterling’s slump in the wake of the Brexit vote.
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NewsThe Hut grows beauty empire with Illamasqua acquisition
The acquisitive Hut Group has added cult cosmetics brand Illamasqua to its fast-growing beauty empire.
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NewsAmazon hit with £222m tax bill after three-year probe
The European Commission has ordered Amazon to pay €250m (£222m) after finding that it benefited from an illegal tax arrangement with Luxembourg.
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NewsToday in retail: Tesco's triumphant turnaround
Three years since Dave Lewis took the reins at grocery Goliath Tesco, the transformation under his leadership has been nothing short of remarkable.
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NewsMade.com generates maiden UK profits as sales rise
Online furniture retailer Made.com became profitable in the UK last year as its sales “fast approach” the £100m mark.