Retail news
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Retail Bosses call on EU to crack down on card fee fixing
- Posted:
- 08 November 2007 09:12
The heads of 14 major retail companies have signed a letter to the European Commission (EC) calling for a crackdown on charges which make Europe’s payment card companies €13 billion (£9 billion) annually in revenue.The retailers, who together have 250 million customers a week and include Asda/Wal-Mart, IKEA, Kingfisher, Marks ...read more
Ikea supplier and former employees jailed for corruption
- Posted:
- 12 October 2007 09:38
The head of a supplier company to Ikea was jailed on Thursday after admitting to paying £3.1 million in bribes to two former Ikea employees. Birmingham crown court sentenced Adam Hauxwell-Smith to three years imprisonment, whilst the former Ikea employees, buyer John Brown and sales leader Paul Hoult, were sentenced ...read more
IKEA counts down to first Irish opening
- Posted:
- 20 August 2007 09:35
Home furnishings giant, IKEA, has announced that it will be opening its first Irish store in Belfast on December 13th. At 29,000 sq meters, IKEA Belfast will be one of the Swedish retailer's flagship stores and will stock the full range of IKEA products totalling 9,500 items.Paul Reid, IKEA Belfast's ...read more
Ikea expands into etail market
- Posted:
- 08 March 2007 09:37
Customers of Ikea no longer have to rearrange their vehicles’ interior around a flat-packed "Detolf" cabinet or "Bjursta" table. The Swedish furniture retailer has launched a Shop Online addition to its UK website, complete with home delivery. Initially available only in Nottingham, it is now available to customers throughout the ...read more
Argos takes pole position in furniture market
- Posted:
- 13 December 2006 09:40
It has been reported that Argos is expected to overtake embattled retailer MFI in terms of its share of the furniture market. MFI, now called Galiform plc after its £1 acquisition by Merchant Equity Partners earlier this year, had led the sector for the last 20 years but looks likely ...read more
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