Retail news
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Young people in ‘skills gap’ trap
- Posted:
- 23 May 2012 09:55
Almost half a million young people have been unable to find a first job after education following changes to the type of skills firms require, according to new research.The Work Foundation said there had been a "major" increase in the number of 16 to 24-year-olds who were not switching from ...read more
Busy Bees campaigns to increase childcare voucher allowances
- Posted:
- 17 May 2012 10:21
Employee benefits company Busy Bees Benefits has launched a national campaign to help working parents save more on the cost of childcare, advocating an increase in the cap on the weekly childcare voucher allowance. Offering employee benefits such as childcare vouchers "can save money for both businesses and working parents", ...read more
Gap brings Piperlime to NYC
- Posted:
- 10 May 2012 09:50
Gap has announced that its online brand Piperlime will open its first retail store this autumn in New York's SoHo neighbourhood. The new 4,000 square foot store will offer a similar assortment to its online offering. Styled as a boutique, the store will feature a range of bigger brands like ...read more
Gap appoints H&M veteran to head up Old Navy
- Posted:
- 01 May 2012 10:12
Gap Inc. has announced that Stefan Larsson, a veteran of nearly 15 years with the successful fashion retailer H&M, will become the first global brand president for its Old Navy division.The announcement is the conclusion of a search that began in February and comes as the clothing retailer prepares to ...read more
Pay awards 1% below inflation
- Posted:
- 27 April 2012 10:06
A new study has shown that median pay awards so far this year have been 2.6%, around 1% below the rate of inflation.An analysis of over 200 settlements in private firms by pay specialists XpertHR showed that increases were "holding up well" compared with a year ago. Half of pay deals ...read more
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