All News articles – Page 857
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NewsHigh-end retailers sign up to Tottenham Court Walk scheme
A landlord aims to revitalise London’s Tottenham Court Road with a raft of upmarket openings this year ahead of Crossrail launching.
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NewsBusiness rates make UK 'less attractive' to foreign retailers, say Intu
Intu has piled pressure on the Government to reform the business rates system, claiming it makes the UK “less attractive” to foreign retailers.
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NewsSuperGroup appoints Nick Wharton finance boss to replace Shaun Wills
SuperGroup has installed Nick Wharton as its permanent chief financial officer after a period in the role in an interim capacity.
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NewsInvestor group urges Tesco shareholders to oppose pay deal
Tesco shareholders are being encouraged to vote against pay proposals for senior management ahead of the grocery giant’s AGM on Friday.
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NewsEuropean grocery giants Ahold and Delhaize complete merger
Dutch grocery giant Ahold and Belgian supermarket chain Delhaize have agreed to merge, in a bid to rival US retail titan Walmart.
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NewsBreakfast Briefing: Retail News on Clarks, Poundworld and Amazon
Retail news round-up on June 24, 2015: Clarks upgrades wi-fi, Poundworld director quits and US retailers withdraw Confederate flag products.
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NewsIkea to test a range of small formats as it seeks to extend reach
Ikea will test three small store formats in the UK as it seeks to make itself more accessible to consumers.
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NewsHolland & Barrett fortunes boosted by new format stores
Health food retailer Holland & Barrett is seeing an uplift from pumping money into new formats after strong results in its last full year.
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NewsGrocers look forward to Ramadan sales boost
Grocers are experiencing a surge in sales during the month of Ramadan as it becomes one of the biggest religious events in the calendar.
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NewsMarks & Spencer’s margin focus dents its apparel market share
Marks & Spencer has lost clothing market share as its resists the temptation to discount items, latest industry data shows.
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NewsAldi steps up expansion plans in South and Western Australia
German discount chain Aldi is stepping up its AUD$750m (£367m) assault on the Australian grocery market with plans to open 40 stores across South and Western Australia next year.
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NewsTesco, Morrisons and Iceland fare badly in supplier treatment survey
The worst offending supermarkets in complying with the government’s code of conduct over supplier treatment have been revealed in a new survey.
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NewsBrightHouse to roll out up to 140 small-format 'satellite' stores
Rent-to-own specialist BrightHouse is targeting a roll out of 140 small-format stores after a trial of a ‘satellite’ shop in Scotland.
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NewsBreakfast Briefing: Retail News on Tesco, Ramadan, Walmart
Retail news round-up on June 23, 2015: Tesco named worst of ‘Big Four’ over industry suppliers code, Ramadan boosts grocery sales and more
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NewsWoolworths Limited restructures business as boss steps down
Grant O’Brien, boss of Australian grocer Woolworths, is stepping down. The news comes as the chain announced plans to cut 1,200 jobs.
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NewsLidl owner Schwarz seeks to break €100bn sales barrier in next five years
Lidl holding company Schwarz Group hopes to make €100bn (£72bn) in sales per year within the next five years by increasing sales by more than a quarter.
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NewsMarks & Spencer revises online sales total after factoring in returns
Marks & Spencer has revised its online sales for the past four years to factor in items that were bought online but returned to stores.
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NewsDarty swings back to profit despite sales dip as cost cutting kicks in
French electricals retailer Darty has swung back into profit for the year despite a fall in sales after significant cost cutting.
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NewsChocolate firm Ferrero strikes £112m deal to acquire Thorntons
Italian chocolate producer Ferrero has unveiled plans to acquire fellow manufacturer and retailer Thorntons for about £111.9m.
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NewsTesco faces shareholder backlash over Philip Clarke's pay-off
Tesco is facing a shareholder backlash at its annual general meeting on Friday over the pay-offs it gave to its former chief exec and finance director.