All News articles – Page 915
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NewsParliament hears proposal for watchdog to fine grocers 1% of turnover
Measures that will give the Groceries Code Adjudicator (GCA) the power to fine UK supermarkets 1% of their turnover have been laid out in Parliament.
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NewsOcado to open fourth distribution centre in south east London
Online grocer Ocado has revealed plans to open a fourth distribution centre to meet the boom in internet food shopping.
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NewsTesco begins consultations to cut HQ director headcount
Tesco has begun consultations with hundreds of directors across its Cheshunt and Welwyn Garden City offices in order to slash headcount.
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NewsArgos to open digital stores in Sainsbury's supermarkets
Argos has unveiled plans to open 10 digital stores in Sainsbury’s supermarkets across the UK as part of a drive to reach more customers.
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NewsWaitrose tells shoppers to buy a ‘treat’ to get free tea in its cafes
Waitrose is changing a free tea and coffee deal in its cafes after customers lingered at tables without buying anything else.
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NewsAsos founder Nick Robertson sells shares worth £20m
Asos founder Nick Robertson has sold shares in the fashion etailer worth £20m following a turbulent year for the business.
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NewsBreakfast briefing: Retail news on Tesco, Waitrose, Asos and Irish retail sales
Retail news round-up on January 29, 2015: Tesco recalls foul smelling drink, Asos founder sells shares, Waitrose changes free coffee scheme, Irish retail sales rise
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NewsTesco swings the axe on stores and jobs amid fears of more to come
Tesco swung the axe on dozens of stores this week, but the question is already being asked whether more closures can be expected.
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NewsDM-Drogerie Markt plans online expansion in Germany
German health and beauty operator DM-Drogerie Markt plans to expand online this summer with a transactional ecommerce site.
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NewsMagnit plans aggressive expansion despite fall in profit
Russia’s largest grocery retailer Magnit plans to agressively expand in 2015 despite a slump in fourth-quarter profits on a weakened ruble.
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NewsScS stock market return opens door to retail IPOs
Shares in sofa and carpet retailer ScS rose 8.6% to 190p on its first day back on the London Stock Exchange, signalling appetite is ripe for retail IPOs.
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NewsKurt Geiger is expanding into the children's footwear market
Kurt Geiger is entering into children’s footwear and will take over the children’s footwear departments in Harrods and Selfridges.
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NewsPersonalised babywear company My 1st Years forecasts 103% sales growth
Personalised babywear company My 1st Years is forecasting sales will grow by over 103% to £6.5m during 2015 and it plans to enter the US.
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NewsSir Philip Green will need all his deal-making prowess to sell BHS, observers believe
A successful sale of BHS will rely on all of owner Sir Philip Green’s legendary deal-making prowess, industry sources believe.
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NewsGap to close multi-brand Piperlime fascia in first quarter
Gap has revealed plans to shutter its multi-brand Piperlime fashion fascia in the first quarter of 2015.
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NewsApple Pay takes two-thirds of US contactless payments
Apple Pay has got off to a “strong start” since the contactless payment service launched last autumn, said chief executive Tim Cook.
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NewsTesco: Details of store closures revealed as 2,000 jobs face axe
Tesco has revealed the locations of the 43 stores, nearly half of which are Express branches, that will close in an attempt to cut costs.
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NewsInfographic: Fashion price tracker – online womenswear data
Fashion price data from the week ending January 27, 2015: The average online price per item and percentage of products on markdown from the top womenswear retailers.
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NewsAsda income tracker shows family spending power reaches record levels
Family spending power is at its highest level since the tracker began six years ago and will continue to rise in 2015, according to economists.
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NewsApple smashes record for biggest quarterly profit in history
Apple has reported the biggest ever quarterly profit by a public company after strong sales of its new iPhone 6 smartphone.