BrightHouse, the UK’s biggest rent-to-own retailer, has announced that it plans to open a further 20 stores this year.Figures show that the company’s pre-tax profits increased by 16% to £19.6 million to the end of March and revenue rose 5.5% to £351.7 million.Chief executive Lee McKee said: “The business has...
Ex-Asda boss Andy Bond yesterday opened the first Pep & Co store in Kettering.The 4,000 sq ft shop, which will stock womenswear, menswear and kidswear will open in the Newland Shopping Centre this summer.The store will be among the first of about 50 stores that the value fashion retailer will...
Amazon has launched a one-hour delivery option on over 10,000 items to its London-based Prime members. The service was previously only available in the US, but has been extended to shoppers in certain areas of the capital who can have a variety of goods, including food, drink and other essentials, delivered...
It has been announced that American fashion icon Donna Karan is to step down from her own company after more than 30 years at the helm.This comes as the fashion designer will be focussing on her Urban Zen line which concentrates on wellness and artisanal goods.Ms Karan will continue to...
Last night the 2015 HR Excellence Awards took place and fashion retail giant River Island had a very successful evening, collecting three gongs: Best HR team – private sector, most effective recruitment strategy and the overall gold award.As well as winning three awards for the company, River Island’s HR director...
Figures from Kantar Worldpanel have suggested that the UK grocery market slipped 0.1% in the 12 weeks ended June 21st compared to the previous year, although Morrisons showed the largest sales increase among the ‘big four’ retailers for the second month in a row.According to the study, Morrisons recorded sales...
The former boss of travel firm Thomas Cook has confirmed that she will be donating a third of her £5.7 million bonus to a charity chosen by the parents of two children who died on holiday in Corfu.Thomas Cook faced criticism over its handling of the deaths of Christi and...
Virgin Atlantic has said that it is to cut 500 management and support jobs as part of a programme to streamline the airline’s structure. Although the locations of the job losses haven’t been disclosed, the carrier said that the cuts will be made through redundancies and re-deployment and will not...
A South Korean court has rejected an attempt by a US investor fund to prevent a shareholder vote on a proposed merger of two key Samsung subsidiaries.The American activist fund, Elliot, has said that the merger of Cheil Industries, a Samsung holding company and its sister firm, construction group Samsung...
Popular department store House of Fraser has announced that it is to open a new store in the UK at Rushden Lakes retail and leisure park in Northamptonshire. This will be the first store to open in the UK since 2008 and is looking to open its doors in 2017. House...
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