All News articles – Page 901
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NewsBreakfast Briefing: Retail news on Morrisons, Poundland, Sports Direct and more
Retail news round-up on March 4, 2015: Morrisons ex-treasurer sentenced; Shop prices fall; Poundland to change branding; and more.
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NewsWickes claims supplier stance is 'very different' from under-fire B&Q
Travis Perkins finance director Tony Buffin believes Wickes takes a “very different stance” with suppliers compared with rival B&Q.
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NewsJohn Lewis increases spend on IT to two-fifths of capital expenditure
John Lewis boss Andy Street reveals the retailer is now spending almost two-fifths (37%) of its capital expenditure on IT, up from 15% in 2008.
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NewsArcadia’s Tania Foster-Brown to join Selfridges as marketing director
Tania Foster-Brown, one of Arcadia tycoon Sir Philip Green’s closest and longest serving lieutenants, is leaving the fashion group to join Selfridges.
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NewsSainsbury's to launch click-and-collect service in 100 stores
Supermarket giant Sainsbury’s has launched its first grocery click-and-collect service – and will roll out the scheme at 100 stores across the UK by the end of the year.
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NewsMcColl's boss Lancaster says it has 'financial firepower' to compete after IPO
McColl’s boss James Lancaster has laid down the gauntlet to its convenience rivals, claiming the retailer’s floatation has handed it the “financial firepower” to “compete with anybody.”
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NewsTK Maxx and HomeSense owner TJX records $325m full-year profit in Europe
TX Maxx owner TJX Europe’s profits increased 15% to $325m (£211.5m) this year.
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NewsMcColl’s demonstrates strength of convenience as it posts strong first quarter
McColl’s Retail Group has posted an increase in profits and revenue in its first full-year trading figures since its IPO last February.
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NewsWickes' 2014 profits jump 22.7% as transformation programme kicks in
Travis Perkins’ consumer arm, which largely consists of Wickes, has reported its adjusted operating profit increased 22.7% to £77m.
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NewsBreakfast Briefing: Retail news on Tesco, Morrisons, Reiss and more
Retail news round-up on March 3, 2015: Another manager poised to exit Tesco, Morrisons look to pay more sustainable dividend, Reiss to debut in Canada.
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NewsIkea unveils wireless phone-charging furniture range
Ikea has unveiled a range of furniture that feature wireless charging spots as it seeks to make charging smartphones more convenient.
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NewsSamsung partners with MasterCard to take on Apple Pay mobile payments
Samsung has partnered with MasterCard to allow people to make in-store purchases as it seeks to take on Apple in the mobile payment space.
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NewsAnalysis: Dia boss on how UK supermarkets can learn from Spanish grocers
Spanish discounter Dia believes UK supermarkets can learn from their European counterparts by franchising stores to local entrepreneurs.
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NewsNext legend George Davies launches fashion retailer FG4 in the UK
George Davies, the entrepreneur who helped create Next, Per Una and George at Asda, is poised to open fashion retailer FG4 in the UK.
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NewsMarks & Spencer unveils China expansion as Asia boss steps down
Marks & Spencer has unveiled plans for further expansion in China on the same morning it was revealed its head of Asia quit the retailer.
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NewsTK Maxx airs its first ever Red Nose Day TV advert
TK Maxx aired its first ever TV advert for Red Nose Day during the week, starring singer Lily Allen wearing a charity T-shirt.
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NewsBillionaire Buffett admits 'embarrassment' over Tesco investment
Billionaire investor Warren Buffett has admitted he is “embarrassed” for taking too long to exit a £1.5bn investment in supermarket giant Tesco.
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NewsSports Direct faces City backlash over search for finance director
Sports Direct is facing growing unrest among its shareholders over the retailer’s ongoing search for a new finance director.
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NewsTPG 'in advanced talks' over £120m deal to acquire Poundworld
TPG is reportedly in advanced talks to buy Poundworld in a deal that could be worth more than £120m.
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NewsGame Digital acquires games festival organiser Multiplay for £20m
Video games retailer Game Digital has acquired games festival organiser Multiplay for £20m as it seeks to improve its fortunes.