All News articles – Page 969
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NewsMothercare to reveal new store designs this autumn as it bids for recovery
Mothercare will trial two new store designs this autumn as boss Mark Newton-Jones seeks to revive the retailer on the back of a £100m rights issue.
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NewsPeacocks owner Edinburgh Woollen Mill group buys Internacionale IP
Peacocks owner Edinburgh Woollen Mill group has acquired the intellectual property of value retailer Internacionale, it is understood.
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NewsJohn Lewis hires Sienne Veit to new position of online product director
John Lewis has bolstered its multichannel team with the appointment of Sienne Veit to the newly created role of director, online product.
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NewsAsda maintains share growth as Tesco, Sainsbury's and Morrisons suffer declines
Asda remains the only one of the big four grocers to have grown its market share as Tesco, Morrisons and Sainsbury’s suffered falls.
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NewsTesco chairman under pressure after board rejected warnings from auditors
Tesco chairman Sir Richard Broadbent is facing further pressure after it has emerged the grocer’s board dismissed warnings from its own auditor about how it was accounting for commercial deals with suppliers.
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NewsMothercare to raise £100m from rights issue to invest in digital transformation
Mothercare is seeking to raise about £100m by launching a rights issue as part of an ambition to make the company a “digitally led” business.
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NewsPhones 4u administrator closes 362 stores with loss of 1,697 jobs
Phones 4u’s administrator PwC is closing 362 of the retailer’s stores permanently with the loss of 1,697 store staff.
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NewsTesco persuades M&S to release CFO Alan Stewart early amid accounting crisis
Tesco’s new chief financial officer, Alan Stewart, will join the grocer today after a deal was struck with Marks & Spencer to terminate his contract early.
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NewsBreakfast briefing: Retail news on Tesco, M&S and Dixons Carphone
Retail news round-up on September 23, 2014: Tesco strikes deal with M&S to get Alan Stewart on board early, Sir Richard Broadbent undert pressure to quit as Tesco chairman, Dixons Carphone proceeds with plan to buy 50 to 100 Phones 4u stores.
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NewsAmazon beats Apple and Argos to top online retailer crown, says IMRG
Amazon fended off competition from Apple and Argos to claim the top spot in a ranking of the retailers with the most online traffic, according to figures from IMRG.
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NewsHalfords to roll out bike-only format to tap into London cycling boom
Halfords is to roll out cycling-only format Cycle Republic to take advantage of the boom in bike ownership in London.
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NewsEE acquires 58 Phones 4u stores, saving 359 jobs
Mobile phone operator EE has acquired 58 Phones 4u shops out of administration, saving 359 jobs.
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NewsMoss Bros revamp attracts younger shoppers and ups multichannel credentials
Moss Bros’s revamp has helped attract a younger customer as the retailer ups its multichannel credentials with the launch of delivery service Moss Premier.
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NewsRobin Terrell assumes leadership of Tesco UK as profits investigation launched
Tesco multichannel director Robin Terrell has stepped in to run the flagship UK business as an investigation begins into a profits overstatement.
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NewsMoss Bros sales up but profits dip as it refits stores
Formal menswear retailer Moss Bros first half sales increased but profits slipped as it temporarily closed stores to refit them.
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NewsTeenager vies to become next chief executive at Nisa Retail
Teenager Harris Aslam has launched a bid to become the next chief executive of £1.6bn convenience store giant Nisa Retail, replacing boss Neil Turton.
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NewsTesco discloses £250m overstatement of profit forecasts
Tesco has revealed that expected profit forecasts for the first half of this year have been overstated by £250m and has called in accountants and lawyers to investigate.
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NewsUK high street vacancy rates fall at fastest rate for 8 years
The number of empty shops on UK high streets is falling at the fastest rate for at eight years.
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NewsBreakfast briefing: Retail news on Nisa Retail, Phones 4u, Game Digital, Asos, M&S and more
Retail news round-up on September 22, 2014: Teenager vies to lead Nisa Retail; Dixons Carphone and EE in talks to acquire Phones4u stores; Brands direct wrath at discounting Asos; M&S Chinese clothing sales on Ali Baba soar; UK high street vacancy rates fall
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NewsVodafone acquires 140 Phones 4u stores as 628 head office staff made redundant
Phones 4u’s administrator has made 628 redundancies at its head office as Vodafone steps in to buy 140 stores and take on 887 of its employees.