All News articles – Page 872
-
NewsBreakfast Briefing: Retail News on Facebook, Co-op, Alibaba, Regal Rose
Retail news round-up on May 14, 2015: Facebook launching second-hand goods service, Co-op boss admits group was “undermanaged”, Disney to sell Avengers products on Alibaba, Regal Rose taps DBD Media for social media push
-
NewsHarveys owner profits up 42% after focus on costs and promotions
Harveys and Bensons for Beds owner Steinhoff has recorded a profits surge after managing costs and taking a new approach to promotions.
-
NewsFormer American Apparel chief exec sues retailer over 'distress' claims
American Apparel’s former chief executive Dov Charney is reportedly suing the US fashion retailer over allegations of defamation and emotional distress.
-
NewsHouse of Fraser extends 'pioneering' click-and-collect cut-off to midnight
House of Fraser has upped the ante in competitive fulfilment after extending the cut-off point for customers using its buy-and-collect service.
-
NewsFarfetch buys London boutique Browns for retail tech incubator project
Online retailer Farfetch has bought London fashion boutique Browns in order to operate it as an incubator for retail technology.
-
NewsTesco closes remaining Homeplus stores and axes 450 jobs
Tesco is closing its last six Homeplus stores in the UK and is axing around 450 jobs as Dave Lewis continues to review its non-core business.
-
NewsBreakfast briefing: Retail news on Tesco, Co-op and Farfetch
Retail news round-up on May 13, 2015: Tesco to close remaining Homeplus stores, Farfetch acquires Browns and Co-op promises to amend its board election process.
-
NewsUPDATED: European grocers Ahold and Delhaize confirm merger talks
Dutch grocery giant Ahold is in talks with Belgian supermarket chain Delhaize over a potential merger between the two food retailers.
-
NewsThe Works majority shareholder Anthony Solomon bought out by Endless
The Works executive chairman and majority shareholder Anthony Solomon has sold his stake in the business to private equity firm Endless.
-
NewsEtailer Zalando 'optimistic' for year after first quarter sales surge
German fashion etailer Zalando said it is “optimistic” for the rest of the year after sales surged 28.5% during its first quarter.
-
NewsNext accused of 'bullying' staff into taking Sunday pay cuts
Fashion giant Next has been accused of “bullying” its workers into taking pay cuts for working on Sundays, or face being made redundant.
-
NewsDiscounters and budget chains opening more than five stores per week
Discount grocers and budget retailers are opening more than five stores a week across the UK as fierce competition continues to hit the big four.
-
NewsBreakfast briefing: Retail news on Next, Tesco and retail sales
Retail news round-up on May 12, 2015: Next bids to remove overtime payments for Sunday working, early Easter brings down UK retail sales time and Tesco reclaims top spot in Irish grocery.
-
NewsRetail sales slip in April due to Easter timing but underlying trade positive
Retail sales fell in April, distorted by the timing of Easter, but the underlying trend looks positive, according to the BRC-KPMG’s Retail Sales Monitor.
-
NewsDanish Government pushes to scrap law requiring retailers to accept cash
The Danish Government has proposed plans to scrap the law requiring retailers to accept cash as payment.
-
NewsWoolworths posts first quarterly sales fall in two decades
Woolworths has revealed it will cut 400 jobs as it seeks to save $500m (£255m) after posting its first quarterly sales fall in two decades.
-
NewsAlibaba increases its stake in US ecommerce retailer Zulily
Chinese ecommerce giant Alibaba has upped its interest in the US market by taking a larger stake in online retailer Zulily.
-
NewsTesco replaces auditors PwC with Deloitte following accounting scandal
Tesco has appointed Deloitte as its new auditor and ditched PricewaterhouseCoopers in the aftermath of its £263m accounting scandal.
-
NewsSajid Javid unveiled as business secretary in Cabinet reshuffle
Sajid Javid has been confirmed as the Conservative government’s new Secretary of State for Business, replacing Vince Cable.
-
NewsBRC calls for Government to maintain business rates review momentum
The British Retail Consortium (BRC) has called on the new Government to maintain momentum with a review of the controversial business rates system.