Retail news
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Warning over lack of wages growth
- Posted:
- 30 January 2012 10:06
Workers are suffering from poor earnings growth, rising household debt and a widening pay gap with bosses - despite becoming more productive over the past 30 years, according to a new study today.The TUC estimated that workers were taking home £60 billion a year less in real terms than 30 ...read more
Olympic hotel rooms overbooked
- Posted:
- 30 January 2012 10:06
Over 120,000 beds reserved in hotels by Olympics organisers for workers, sponsors and the media during the Games will not be needed, it has emerged.The London Organising Committee of the Olympic Games and Paralympic Games (Locog) confirmed that around 20% of the room nights they had booked would now be ...read more
National Apprenticeship certification system launched
- Posted:
- 30 January 2012 10:06
The Alliance of Sector Skills Councils, the organisation responsible for representing the voice of Sector Skills Councils, Sector Skills Organisations and their employers across the UK skills system, in conjunction with the National Apprenticeship Service, have launched a new online system to support the statutory certification of Apprenticeships across England.As ...read more
H&M profit slides as mild winter bites
- Posted:
- 26 January 2012 10:16
Swedish fashion retailer H&M Group has reported a fall fourth quarter profit of 2.4%, as a mild winter hit sales of coats and scarves. However, the company said that it was gaining market share and planned to expand its reach with approximately 275 net new stores.Commenting on the full-year by ...read more
Subway to create 6,000 jobs in three years
- Posted:
- 26 January 2012 10:15
Sandwich chain Subway has announced the creation of 6,000 jobs over the next three years.The fast food franchise will open 600 new branches in the UK and Ireland by 2015, its president and co-founder Fred DeLuca said today.Subway has expanded rapidly in the past seven years, increasing the number of ...read more
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