Retail news
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Alliance Boots "relatively resilient" in run-up to Christmas
- Posted:
- 31 October 2008 09:41
Alliance Boots' executive chairman Stefano Pessina has described trading at the firm as "relatively resilient" after first half revenues rose by 11.3% on a year earlier. Mr Pessina, who led a £11.1 billion takeover of the business last year, added that its financial position was strong after long-term funding arrangements ...read more
Figleaves recruits retail heavyweight as chairman
- Posted:
- 15 September 2008 09:03
Figleaves has recruited John Gildersleeve as non-executive chairman. Mr Gildersleeve is chairman of Carphone Warehouse and formerly commercial and trading director at Tesco, chairman of the Gallagher Group and deputy non-executive of EMI. He is also a non-executive director of British Land. Julia Reynolds joined the etailer at the start of ...read more
Northern Ireland traders to fight Westfield development
- Posted:
- 29 August 2008 09:14
Traders in Co Antrim have called for urgent talks with developers Westfield over a planned extension to an out-of-town retail park including 20 new shops and a John Lewis department store. They are concerned the proposed £200 million expansion of the Sprucefield shopping complex could wreck business in the centre ...read more
Superdrug rapped over price comparison ads
- Posted:
- 23 July 2008 09:27
Superdrug has been told to ensure its price comparisons are "accurate, fair and up-to-date" in future following complaints by rival retailer Boots. In two adverts, the health and beauty retailer compared its prices to rival Boots with the headlines "Can you trust Boots on price?" and "Think Boots is expensive? ... ...read more
Boots accused of ‘exploiting smaller firms’
- Posted:
- 22 July 2008 09:10
The Federation of Small Businesses has accused Alliance Boots of 'exploiting' its suppliers to boost its cash flow. The retailer wrote to suppliers saying that invoices would now be paid up to 75 days from the end of the invoice month rather than 30 days. In addition, the group is ...read more
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