Retail news
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Jobs to go as more Ethel Austin stores close
- Posted:
- 25 February 2010 09:49
MCR, the administrators of value clothing retailer Ethel Austin and its sister company Au Naturale, has confirmed the imminent closure of 114 stores.This follows a statement earlier this month announcing that 129 retail outlets were to begin closing down sales. Most of the 114 stores will cease trading by the ...read more
Morrisons backs England World Cup bid
- Posted:
- 25 February 2010 09:49
Morrisons has signed up as a supporter of England's bid to host the 2018 or 2022 World Cup. BT and PricewaterhouseCoopers have already announced their backing.England is one of eight bids to hold the 2018 tournament and one of 10 to stage the 2022 competition, with the decision for both ...read more
M&S announces pioneering local authority recycling partnerships
- Posted:
- 25 February 2010 09:48
Marks & Spencer has announced four pioneering partnerships with local authorities around the UK to significantly improve kerbside recycling, enabling councils to collect an additional 60,000 tonnes of recyclable material from six million people every year by 2015.As part of its eco-plan Plan A, the retailer will invest £1.25 million ...read more
UK takeover rules to be reviewed
- Posted:
- 25 February 2010 09:48
The Takeover Panel has announced that it will be starting a consultation to find if the takeover system can "usefully be improved".The Takeover Panel is an independent body, established in 1968, whose main function is to supervise and regulate takeovers in the UK.The move has been prompted by the recent ...read more
Seven days of holiday becomes 15 days out of work for Brits
- Posted:
- 25 February 2010 09:47
Independent online travel agent sunshine.co.uk has revealed research that says it takes Brits a week to prepare for a holiday and three days to recover.The study of over 1,000 participants showed that the average seven-day holiday in fact stretched out to 15 days.When asked "how long does it take you ...read more
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