High end shoe retailer Kurt Geiger has said that pre-tax profits for the year to December 31st 2014 were up 242%, boosted by surging sales.The company is said to be under offer from Lion Capital, the firm which previously owned Jimmy Choo. Kurt Geiger is currently owned by private equity...
Homewear retailer Dunelm has announced a rise in like-for-like sales in the first quarter, following the efforts made by the homewares company to refresh its product ranges and improve its seasonal merchandise.In the 13 weeks to October 3rd, total sales rose by 12%, up 4.4% on a like-for-like basis. Meanwhile...
Online grocer Ocado has launched a major recruitment drive that will create nearly 2,000 jobs before Christmas.Ocado is creating 1,798 roles including positions in business support, operations, customer services, service delivery, human resources, development & engineering, technology and planning and supply chain.A large proportion of vacancies are for drivers who...
Argos has become the first British retailer to offer same-day delivery across the UK. The Fast Track service will operate seven days a week, 364 days a year.The Home Retail Group (HRG) owned retailer has recruited nearly 3,300 extra drivers to deliver the service, which offers customers four home delivery...
Yum Brands, which owns food chains Pizza Hut and KFC, has seen shares fall by more than 17% after it reported poorer-than-expected results in the three months to September 5th and cut forecasted growth in its key Chinese market.The firm blamed a stronger US currency against the yuan, but the...
Profits at the UK’s biggest retailer fell by more than half in the first half of its financial year, according to its latest figures. Life-for-like sales were down by 1.1% and the group warned that trading conditions remained challenging as profits dipped from £779 million to £354 million a year...
Sports Direct has entered an agreement to buy the remaining shares of Irish department store Heatons. The sporting retailer already owns 50% of the company and is looking to buy the remaining shareholders out.Billionaire football club owner Mike Ashley who founded Sports Direct said the company has have entered a...
Greggs has reported that sales for the July-to-September period were stronger than expected as daily deals continued to bring in customers.The bakery chain’s like-for-like sales were up by 4.9% during the quarter compared to the previous year.Greggs said it would continue to benefit from "low cost pressures and a stronger...
Clothing brand Fat Face is negotiating with Portsmouth City Council to acquire a new distribution centre at Dunsbury Hill Farm in Havant.The new distribution centre will provide up to 120,000sq ft of working space to support the business’s plans to grow, whilst ensuring continued employment of distribution staff who play...
HMV is continuing with its international expansion, just two years after falling into administration. The rapid comeback has seen the music and entertainment retailer open 14 stores this year, with three more planned in before Christmas and the brand’s first store in Dubai planned for next year.Having sunk into administration...
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