Smart mannequins that are able to communicate to shoppers via their smartphones will go live today in branches of House of Fraser, Hawes & Curtis and the Bentalls department store chain.The models are fitted with beacons that are able to send alerts to a pre-downloaded app, called Iconeme, onto a...
One of the world’s biggest hedge fund companies Lansdowne Partners has taken a stake in the online homewares site, Achica.The site, which was set up by ASOS co-founder Quentin Griffiths, is apparently being considered for a stock market listing after reports that documents were found filed at Companies House which...
Disney is the latest company to have issues with the online giant Amazon after its customers were unable to pre-order Disney DVDs in what seems to be the latest contract dispute.The book publisher Hachette had also been involved in a fierce stand-off with the online giant over contract negotiations. The...
A new report has said that that UK companies intend to recruit staff at the fastest rate for 16 years. Hiring intentions among UK businesses rose strongly in July to surpass their pre-crisis figure and reach their highest level since 1998, according to the latest Business Trends report by accountants...
Pub group Punch Taverns has delayed its planned debt restructure which was supposed to conclude today. The company had originally proposed a debt restructure in January but the plan was rejected by shareholders.In a statement, the company said: "The board continues to believe that a consensual restructuring is required to...
Pharmacy giant Alliance Boots has sold 55% of its business to the US pharmacy company Walgreens in a £9 billion deal.The deal which is expected to be completed in the first quarter of 2015 will see Walgreens keep its headquarters in the US amid increased scrutiny from US tax authorities...
The skateboard-inspired clothing and footwear brand Element will be opening its first standalone store in the UK in December.The brand has taken a 2,816 sq ft store at London's Seven Dials, Shorts Gardens and will be trading over three floors.Julien Duval, Element brand manager, said: “We are stoked to have...
The Co-operative Group has revealed its governance reform proposals in an attempt to modernise and professionalise its image.The group, which had previously suffered a period of crisis when it unveiled a massive deficit in its bank, now aims to reduce its board from eighteen to nine.A council to represent members...
The Australian stationer Smiggle, which opened its first store in Westfield Stratford in February, has revealed it will be opening 10 new stores in time for Christmas.Though Smiggle already has eight stores that are currently trading, it eventually hopes to have 300 stores in the UK. Smiggle predicts the UK...
The Card Factory has seen its like-for-like sales jump up by 2.6% in its half year and is now setting new store openings and market share growth in its sights.The greetings card retailer also reported a total sales jump of 8.9% in the six months to July 31st with Card...
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