All News articles – Page 732
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NewsBreakfast briefing: Retail news on BHS, Asda, Aldi and more
Retail round-up on June 29, 2016: Sir Philip Green in talks on BHS pension deficit, Asda and Tesco sales dip and My Local shuts 90 stores
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NewsSteinhoff ups stake in Poundland despite Brexit fears over bid
Steinhoff has upped its stake in Poundland despite rethinking a takeover bid in light of Brexit and the value retailer’s recent financial performance.
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NewsInfographic: John Lewis sales jump as early summer Clearance drives growth
John Lewis sales jumped last week as the early launch of its summer Clearance offset the economic turmoil caused by the EU referendum.
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NewsCarpetright boss ‘bitterly disappointed’ by Brexit but remains confident
Carpetright’s boss has expressed bitter disappointment at the outcome of the EU referendum but insists the business is “full steam ahead”.
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NewsOcado boss Steiner: Amazon Fresh launch has had 'no impact' on sales
Ocado boss Tim Steiner has insisted the launch of Amazon Fresh has had “absolutely no impact so far” on the online grocer’s sales.
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NewsRichard Caring claims he is owed £850,000 after BHS collapse
Richard Caring has sought to distance himself from BHS’ leadership, claiming that his companies were left with £850,000 of debt when it collapsed.
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NewsAldi and Lidl hit market share high while shoppers await impact of Brexit
Aldi and Lidl have hit record market share, but overall grocery sector sales slipped for the first time since the start of 2016, latest Kantar figures reveal.
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NewsOcado profits climb despite competitive market and price deflation
Ocado’s has posted a rise in half-year profits as measures to improve operations paid off, despite a competitive market and “ongoing price deflation”.
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NewsCarpetright boss unveils plans for store regeneration as profits climb 33%
Carpetright has reported full-year profit and sales growth and plans to roll out its new signage across the business as of next month.
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NewsBe Inspired: The industries that can teach retail about nurturing female talent
Retailers’ record on promoting women to the top is not great compared with the rest of the business world. Perhaps it’s time to learn from companies outside the sector.
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NewsBreakfast briefing: Retail news on the grocers, Arcadia, and Ikea
Retail round-up on June 28, 2016: Morrisons, Asda and Iceland highlighted as the worst at treating suppliers, Sir Philip Green's Arcadia to get refund of £35m, Ikea discontinues selling deadly dressers.
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NewsBonmarché unveils start date of new chief executive Helen Connolly
Bonmarché has revealed that Asda’s Helen Connolly will be appointed chief executive on August 15, five months after her appointment was announced.
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NewsJack Wills private equity backer in talks about selling stake
Jack Wills’ private equity backer Inflexion is reportedly looking for a buyer for its 27% stake in the British fashion retailer.
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NewsPwC faces probe over BHS audit during Sir Philip Green ownership
The UK’s accounting regulator has launched an investigation into PricewaterhouseCoopers’ (PwC) audit of BHS when the chain was owned by Sir Philip Green.
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NewsGeorge Osborne aims to calm Brexit fears as no immediate Budget planned
George Osborne has insisted that the UK is in “a position of strength” today following the UK’s vote to leave the EU last week.
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NewsMark Newton-Jones to step down as Boohoo non-executive director
Mothercare boss Mark Newton-Jones will step down as non-executive director at fashion etailer Boohoo after three years in the role.
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NewsDebenhams Ireland to reject rental costs as survival deadline approaches
Debenhams has applied to reject the rental leases on at least three of its stores in Ireland as part of its ongoing survival scheme.
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NewsGoldman Sachs boss set to appear at BHS parliamentary inquiry
Sir Philip Green’s long-time adviser and Goldman Sachs vice-chairman, Michael Sherwood, will appear at the BHS parliamentary inquiry this week.
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NewsBreakfast briefing: Retail news on Wesfarmers, Debenhams, Aldi and Lidl
Retail round-up on June 27, 2016: Wesfarmers' UK plans, Debenhams Ireland to reject rental leases, Aldi and Lidl pledge to keep food prices low.
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NewsAsos blames power outage for 20-hour website crash
Fashion etailer Asos has blamed a third-party power outage for its website being unavailable to shoppers since yesterday evening.