Retail news
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Boots eyes Chinese market
- Posted:
- 08 November 2010 09:52
High street giant Alliance Boots is said to be setting its sights on China to take advantage of the country's burgeoning medicines market, according to a report today. Boots is apparently looking to secure takeovers of wholesale drugs companies and is also considering buying a number of Chinese retail chains ...read more
Alliance Boots to cut 900 UK jobs
- Posted:
- 05 October 2010 09:50
Alliance Boots is cutting 900 UK non-store jobs over the next three years. The group said it hoped to achieve the cuts "where possible" through staff turnover and redeployment.The chemist and health and beauty company said it was aiming to save £57 million in costs per year by 2013/14.Most of ...read more
Secretsales.com receives multi-million pound investment
- Posted:
- 25 August 2010 09:42
Secretsales.com has received its second multi-million pound investment from Brands4Friends, Germany's largest private shopping club. The private sale online retailer also announced the appointment of John McKenzie from Brand Alley UK's senior team as associate buying director.Speaking to FashionUnited, chief executive officer Nish Kudadia said: "We reached our milestone targets ...read more
Alliance Boots takes control of Turkish venture
- Posted:
- 27 July 2010 10:17
Alliance Boots has taken control of Turkish drugs wholesaler Hedef Alliance in a deal that will boost the group's expansion in the Middle East and Africa. Hedef's Alliance founder Ethem Sancak will remain as executive chairman of the company, with an increased personal stake.Stefano Pessina, executive chairman of Alliance Boots, ...read more
Waitrose plans 1,450 food stores
- Posted:
- 19 July 2010 09:20
Upmarket supermarket chain Waitrose is planning a six-fold increase in the number of outlets that sell its food in the coming five years, it was reported today.The John Lewis Partnership-owned retailer is planning to nearly double its current number of stores within five years as part of its ambitious expansion ...read more
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