Co-operative chief executive, Richard Pennycook, is to become Howdens Joinery’s non-executive chairman. Richard Pennycook will assume the role in May 2016 when long standing chairman, Will Samuel, steps down at the close of the company’s AGM. During the past five years, Richard Pennycook has also held directorships at the Morrisons supermarket chain...
Fortnum & Mason expects to have its best Christmas to date after website sales helped annual revenues and profit hit a record high. The upmarket department store group reported sales up 19% to £88 million for the year to the end of July. Pre-tax profit jumped 31% from a year earlier...
Holland and Barrett has announced that X Factor and I’m a Celebrity Get Me Out of Here star Jake Quickenden, is to be the new sports nutrition range ambassador. Jake will be promoting Holland and Barrett’s protein shakes and sports nutrition supplements as he is into body building and also used...
It has been reported that department store John Lewis saw record sales on Black Friday, which increased 11.9% from the previous year resulting in the group’s biggest ever day of trading. On the main day itself, sales mainly came from johnlewis.com whilst shops were more busy at the weekend which resulted...
Shares at Danish luxury stereo and TV maker Bang & Olufsen rose over 30% as the company confirmed that it was in talks regarding a potential takeover offer. "The company has initiated a dialogue to investigate and analyse the firmness of these approaches," the company said in a statement. It added...
Fast food chain Burger King has added three further locations to trial its new home delivery service. The service is now available in the brand’s Euston Road, King’s Cross and Whitechapel High Street restaurants in London in addition to 21 selected areas which it has been trialling since March. These...
Fashion brand Oasis, part of the Oasis and Warehouse Group, has reported its first profit in three years, as sales at its 406 stores leaped 5.4% to £171.9 million in the year to the end of February. The £0.3m pre-tax loss last year was turned into a £5.6m profit at the...
Sales at John Lewis rose by 2.6% year-on-year last week, helped by the colder weather, which saw fashion sales rise 7.5%. Sir Charlie Mayfield, Chairman of the John Lewis Partnership, commented: “This has been a solid first half for the Partnership in a difficult market. Both Waitrose and John Lewis are...
River Island has teamed up with Shutl, a platform that gives people control over their deliveries, owned by eBay. The service will give shoppers who have selected ‘click and collect’ when placing their order the option of changing to the delivery service which will deliver their order within 90 minutes or...
London's West End retailers are expected to bring in £96 million in Black Friday sales in just 24 hours. Over £200 million in purchases are forecast to be registered in tills in the 72 hours between Black Friday and Sunday. This turnover will help fuel what is expected to become the...
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