All News articles – Page 755
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NewsDisposable income grows in March but essential item inflation returns
Shoppers’ spending power increased in March but inflation on essential items crept above zero for the first time since the end of 2014.
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NewsMPs speak out over BHS collapse as government urges buyers to come forward
MPs have voiced their concern over the collapse of BHS, while a government minister has urged potential buyers to come forward.
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NewsChristo Wiese crash lands onto Sunday Times Rich List
South African entrepreneur Christo Wiese is one of the highest new entries on The Sunday Times Rich List as his retail interests in the UK have soared.
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NewsBHS pension scheme facing investigation from regulator
The Pensions Regulator has opened a probe into beleaguered department store chain BHS’s pension scheme, which is facing a deficit of £571m.
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NewsFnac lodges final bid for Darty as bidding war with Conforama hots up
Fnac has upped its stake in electricals retailer Darty to 17.7% and lodged a third and final bid in its battle to acquire the business.
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NewsBHS officially enters administration, 11,000 jobs under threat
Department store chain BHS has filed for administration after a last-ditch effort to save the ailing retailer failed.
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NewsWalmart to streamline board in drive to 'maximise its effectiveness'
Walmart has unveiled plans to streamline is executive board in an effort to “maximise effectiveness” of its senior leadership team.
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NewsWyevale Garden Centres’ bid to acquire Dobbies could ‘risk hundreds of jobs’
Wyevale Garden Centres’ bid to snap up rival Dobbies from Tesco could ‘risk hundreds of jobs’ in both head office and in garden centres.
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NewsBHS expected to file for administration today as rescue effort fails
Struggling retailer BHS is expected to file for administration this morning, putting 11,000 jobs at the department store group on the line.
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NewsHouse of Fraser’s Chinese owner may sell stake to Hamley’s owner
Chinese tycoon Yuan Yafei, who controls Sanpower conglomerate, is considering offloading House of Fraser after acquiring the UK department store chain just two years ago.
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NewsBreakfast briefing: Retail news on BHS, House of Fraser, John Lewis and more
Retail round-up on April 25, 2016: BHS on the verge of collapse as rescue talks fail, House of Fraser could change ownership again and Mark Price gets 'golden goodbye'
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NewsCo-op chairman Leighton urges members to back turnaround by voting at AGM
The Co-op’s chairman Allan Leighton has issued a rallying cry to the mutual’s members to vote at its AGM as its turnaround plan continues.
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NewsAustin Reed files notice of intention to appoint administrator
Premium fashion retailer Austin Reed has filed a notice of intention to appoint an administrator, Retail Week can reveal.
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NewsUpdate: Battle continues to put BHS back on course
BHS chief executive Darren Topp has reacted angrily to industry speculation today that the retailer faced imminent administration.
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NewsB&Q campaigner vows to continue to fight on living wage terms
The man behind the B&Q living wage petition has hit out against the retailer’s improved compensation terms for those facing pay cuts.
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NewsRetail Diary: WHSmith boss aims high as cricket stars hit shoppers for six
WHSmith boss Steve Clarke reveals high and mighty aspirations as two England cricket stars hit Carnaby Street shoppers for six.
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NewsAnalysis: CP All presses button on Southeast Asian expansion
Thailand’s largest multichannel operator CP All is investing up to THB9bn (£179.3m) to expand its Siam Makro business at home and overseas.
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NewsBunnings owner Wesfarmers sales up but 'difficult trading' for Target
Bunnings owner Wesfarmers has unveiled an increase in third-quarter sales as it gears up for an assault on the UK DIY market.
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NewsArcadia's losses swell in Ireland as trading becomes ‘extremely difficult’
Losses at Sir Philip Green’s Arcadia group have more than doubled at its Irish arm as it faced exceptional charges and a tough market.
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NewsAmazon shuts down flash-Sale site MyHabit to focus on fashion
Amazon is to close member-based flash-Sale site MyHabit to simplify its offer and become a global destination for fashion.