Retail news
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Equality hit by cuts warns watchdog
- Posted:
- 14 May 2012 09:59
The Government's cuts programme failed to take account of the impact on women, ethnic minorities and the disabled, the official equality watchdog has said. The Equality and Human Rights Commission said it was unable to determine whether decisions taken in the 2010 spending review were in full accord with the ...read more
Jobs boost scheme "spending £200,000 to create one job"
- Posted:
- 11 May 2012 09:59
The coalition's scheme to boost local economies, the Regional Growth Fund, has been spending up to £200,000 to generate one job, according to auditors.The fund, intended to support enterprise and promote business in areas that have traditionally been reliant on the state, came under fire when a report by the ...read more
Dixons Retail sees sales uplift
- Posted:
- 10 May 2012 09:52
Currys and PC World-owner Dixons Retail has posted better-than-expected sales, bucking the high street gloom. The group said that improved ranges and service were responsible for the 8% rise in like-for-like sales in the UK and Ireland in the 16 weeks to April 28th.Dixons, which has around 640 stores in ...read more
Sainsbury’s sees success as sales rise
- Posted:
- 09 May 2012 10:14
Sainsbury's said today that the success of its price-matching scheme had helped the company to deliver a better-than-expected rise in annual profits.The UK's third largest supermarket, which has more than 1,000 outlets, said underlying profits increased 7.1% to £712 million in the year to March 17th, beating forecasts of a ...read more
Thomas Cook appoints new CFO
- Posted:
- 09 May 2012 10:12
Thomas Cook has announced that Michael Healy, formerly of Kwik-Fit, is to take over the role of chief financial officer when Paul Hollingworth stands down at the end of June.Mr Healy was formerly group finance director of Kwik-Fit and played a key role in implementing a business development plan to ...read more
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