Category "News"

in July 15, 2014 in News

  A £250m scheme to expand the Grosvenor Shopping Centre in Northampton has been scrapped after a developer pulled out. Legal & General and Northampton Borough Council had put forward plans to jointly redevelop the former Greyfriars bus station site in 2012. The council said the agreement had now been “terminated”. The authority is now

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in July 14, 2014 in News

  Halfords, the auto care and bicycles group, is enjoying strong bike sales that have been boosted by the Tour de France pedalling its way through Britain. The company has said that bicycle sales increased by 21pc and group sales by 7.9pc during the three months ended June 27. That is a strong start to

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in July 11, 2014 in News

    Marks and Spencer’s chief financial officer Alan Stewart is to leave the High Street retailer to join supermarket giant Tesco. Mr Stewart’s basic remuneration will jump from £579,000 at M&S to £750,000 at Tesco. The announcement comes in the week M&S reported its 12th consecutive drop in quarterly sales of general merchandise. Mr

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in July 10, 2014 in News

  Carrefour, one the world’s largest retail chains, is shutting its business in India less than four years after it opened its first store in the country. It currently operates five cash and carry wholesale stores in India. The French retailer has been exiting underperforming markets, including Singapore, Malaysia and Greece, under chief executive Georges

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in July 7, 2014 in News

  Tour de France will return to Britain, says Christian Prudhomme The Tour de France will return to Britain after the“grandest Grand Depart” in the race’s 111-year history, says race director Christian Prudhomme. Yorkshire hosted the first two stages of the 2014 race, with a third finishing in London on Monday. ““I think the Buttertubs climb

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in July 7, 2014 in News

    Superdrug  has announced plans to combine retail with a  new high end Beauty Studio. Supedrug currently operates over 900 stores across the UK. It is not know yet how many of these stores will adopt this new format.    

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in July 4, 2014 in News

  Holiday makers in Torremolinos are to be the Guinea pigs for Poundland’s first store in continental Europe.

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in July 4, 2014 in News

    The British retailer predicts its overseas sales will overtake the UK this year as it prepares to open more stores in Asia and the Middle East.      

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in July 2, 2014 in News

When Ocado floated in 2010, its brokers predicted the online grocer would make its first annual pre-tax profit the following year. Well, better late than never. Ocado’s half-year results on Tuesday showed it has finally moved into the black with £7.5m of pre-tax profits, putting it on course to record its first annual profit this

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in June 30, 2014 in News

Ralph Lauren’s compensation fell 6.2 percent for fiscal 2014. That was disclosed in a proxy, or Form DEF 14A, filed with the Securities and Exchange Commission Thursday. The proxy also said the Ralph Lauren Corp. annual meeting will be held on Aug. 17 at 9:30 a.m. at the St. Regis Hotel in Manhattan. Lauren, the

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