It has been announced that retailer Sports Direct is to review terms and conditions of its agency staff after it was slated in the press for its employment practices. Accusations against the company, which is owned by Mike Ashley, include staff being “named and shamed” over the tannoy, punishing ill staff...
Bakery chain Greggs is celebrating the opening of its 100 franchise in Reading. Martin Kibler, property director for Greggs, said: “To reach the 100th store milestone is a real achievement for both Greggs and our franchise partners. Our work in the franchise sector is integral to our business as it enables...
Approval has been granted for a new Aldi supermarket and residential development which will replace the former Chronicle & Echo building in Northampton. An Aldi spokesperson said: “We believe this proposal offers a real opportunity to increase local shopping choice and bring a prominent, well-known site back into use for the...
The new owner of department store chain BHS, Retail Acquisitions, has appointed Aidan Treacy as its new chief financial officer. Mr Treacy, described as a “turnaround expert” was most recently an associate director at Essendon Group, and spent four years as finance director of European food company Unigate. “Joining the already strong entrepreneurial team at Retail...
It has been reported that SuperGroup, owners of Superdry have seen increasing profits due to a wider range and stronger infrastructure. Figures show that the groups revenue hit £254.7million, a rise of 22.3% in the 26 weeks ending 24th October. Figures have also revealed that retail sales rose 17.2% in comparison...
Despite a “broadly flat market”, electrical retailer Dixons Carphone has reported impressive profits enhanced by white good sales. In the 26 weeks leading to 31st October, like-for-like revenue rose 5% and market shares increased 31% in the UK and Ireland, whilst the company has reached 200,000 subscribers. Contributing to the company’s profit...
UK fashion retailer, Ted Baker has decided to buy its headquarters in Kings Cross London, known fondly as "The Ugly Brown Building". Ted Baker paid £55.25 million for the deal, plus £3 million in stamp duty and other costs for the 25,347 sq ft premises. It said that buying the building...
Bonmarché has confirmed that Beth Butterwick, its chief executive will step down to head up Karen Millen after four years. Ms Butterwick will continue in her post at Bonmarché until a new chief executive is appointed to ensure a smooth transition. Bonmarché chairman John Coleman said: "On behalf of the board, and all our...
Habitat has announced it is launching a new e-commerce platform to broaden its online customer experience. The platform has been built on the Magento Enterprise Edition platform after the company saw a 35% increase in traffic and figures show that more than 50% of customers are using tablet and mobile devices. It...
High street stores are set to discount stock by huge amounts to tempt Christmas shoppers as the retail industry struggles to shift its winter stock due to the mild weather. Figures show that discounts at the moment are around 41.8% and will reach 45% by the weekend. Consumer business partner at Deloitte,...
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