Retail news
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Strong trading for fast-expanding Iceland
- Posted:
- 08 June 2010 09:56
Iceland has posted earnings before interest, tax, depreciation and amortisation up by 11.2% to £184.2 million in the 52 weeks to March 26th. Last year, earnings came in at £165.6 million. Net profit before tax soared by 19.4% to £135.4 million compared with £113.4 million last year.In addition, the company ...read more
BA and union clash as record losses revealed
- Posted:
- 21 May 2010 10:30
The two sides in the bitter British Airways dispute clashed again today as the airline posted record annual losses of £531 million.Chief executive Willie Walsh accused the cabin crew union of being "out of touch with reality" as he finalised plans to cope with a fresh wave of strikes from ...read more
Baugur boss vows to fight fraud allegations
- Posted:
- 18 May 2010 09:43
Jon Asgeir Johannesson of Baugur has resigned as chairman of Iceland Foods and director of House of Fraser to fight fraud allegations, according to press reports.Mr Johannesson was the boss of Icelandic company Baugur, which once owned stakes in Debenhams, Woolworths, Iceland Foods, House of Fraser, Hamleys, Karen Millen, Whistles ...read more
Virtual careers event opens
- Posted:
- 18 May 2010 09:42
The first online event from Career Forums has opened its doors, featuring a host of top brands from the retail, hospitality and leisure sectors. The event will run today and tomorrow and is expected to generate a lot of interest from candidates and employers alike.The virtual event will still include ...read more
More travel misery as ash cloud returns
- Posted:
- 17 May 2010 09:54
Another volcanic ash cloud has once again thrown the UK-based air travel system into chaos. Some major UK airports were re-opening this morning but others were being closed after the return of the unwelcome Icelandic airborne visitor, causing major disruption for thousands of passengers.A no-fly order saw Heathrow and Gatwick ...read more
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