All City & finance articles – Page 431
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NewsTesco brings Turkey COO home to lead superstores
Tesco has brought its chief operating officer in Turkey back to the UK as part of group chief executive Phil Clarke’s plans to bolster the lacklustre UK division.
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NewsRetail heavyweight Templeman to chair BRC
Debenhams chief executive Rob Templeman, one of retail’s most highly regarded bosses, is to become chairman of industry body the British Retail Consortium.
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NewsMy-Wardrobe recruits tech boss as sales soar
Premium fashion site My-Wardrobe has appointed Romain Eude to the newly created role of chief technology officer as it looks to grow overseas sales.
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NewsMorrisons saves up promotions for shoppers’ payday blowout
Morrisons has shaken up its promotional activity to tie in with the new shopper habits emerging in the tough economic climate.
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NewsSuperGroup’s ascent 'can continue'
Fashion specialist SuperGroup’s proposed move into flagship Regent Street premises, revealed by Retail Week last week, divided opinion.
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NewsTopps Tiles aims to outperform with brand focus
Topps Tiles will focus on brand building through more marketing as it seeks to outperform the market in its second half.
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NewsAurum gears up to select preferred bidder in its £200m sale process
Jewellery group Aurum, which owns chains including Goldsmiths and Mappin & Webb, is expected to pick a preferred bidder for its 165-store business by mid-summer.
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NewsCarpetright UK MD stands down amid board reshuffle
Floorings giant Carpetright has restructured its board, appointing Andrew Corden to the board as operations director for Europe as Christian Sollesse, managing director of UK & Ireland, steps down.
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OpinionA question of entertainment
It seems like entertainment retailers are under siege from all directions.
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NewsHome Retail chief executive Duddy's bonus halved
Terry Duddy, chief executive of Home Retail, Argos’s parent company, had his bonus slashed last year.
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NewsWeather helps Kingfisher to strong first quarter
DIY giant Kingfisher has recorded a strong first quarter, helped by good weather, the late Easter and the run of Bank Holidays in the UK.
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NewsSignet insists it will keep investing in UK
Signet chief executive Mike Barnes insists the jewellery giant will continue to invest in the UK, despite reports it is mulling a sale of the UK business, which includes H Samuel and Ernest Jones.
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AnalysisThe catalogue retailer comes of age online
Shop Direct has evolved from a catalogue retailer to a slick online operator. As it moves towards profit, Gemma Goldfingle visits its headquarters.
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Opinion
Food for thought
Customers will respond if you have passion and creativity for product, says Mark Price.
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NewsThe Hut acquires Myprotein.com for £58m ahead of likely IPO
Online retailer The Hut, which is considering an IPO later this year, has acquired sports nutrition etailer Myprotein.com in a deal understood to be worth about £58m.
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NewsHouse of Fraser closes £250m bond issue
Department store group house of Fraser closed a £250m bond issue yesterday.
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NewsDixons agrees £59m sale and leaseback deal
Electricals group Dixons, owner of chains including Currys and PC World, has agreed a £59m sale and leaseback of its Nordic distribution centre.
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AnalysisAt the margins
At every turn, retailers are staring at rising costs. With deflation a thing of the past, how can they manage their margins and remain profitable? Charlotte Hardie considers the challenges ahead.
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NewsDebenhams shares jump on talk of bid from Poon
Shares in Debenhams rose on speculation of a bid from Hong Kong-based Dickson Poon, the owner of Harvey Nichols.
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Opinion
Malcolm Walker’s next summit
As Iceland founder and chief executive Malcolm Walker returns from one feat - conquering Everest - he now faces another: the potential sale of failed bank Landsbanki’s 67% stake in the frozen food retailer.