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In the 26 weeks to October 29th, group headline pre-tax profit for Dixons Carphone climbed by 19% to £144 million while group like-for-like revenue rose by 4% with growth across all divisions. Total revenue increased to £4.87 billion from £4.39 billion a year earlier as the business benefited from the weakening...

Online fashion retailer Boohoo has reported that it has acquired 66% of Pretty Little Thing, with the other 34% being used to incentivise chief executive Umar Kamani and the senior management team from Pretty Little Thing. Figures show that in the year to 29th February 2016, Pretty Little Thing increased its...

Department store Marks & Spencer has revealed that chairman Robert Swannell will be stepping down, after spending six years in the job. Being managed by Vindi Banga, senior independent director, a search has begun for a new chairman, however Mr Swannell will stay until the role has been filled. Commenting, Mr Swannell...

It has been announced that Peter Dowding has joined Subway to help develop the retailers brand in the UK and Ireland and will be based in Cambridge, at the company’s headquarters. Previous roles for Dowding include brands such as Britvic Soft Drinks, Coffee Nation and Carlsberg. Elsewhere, Dowding’s position as managing...

It has been announced that supermarket giant Tesco has signed a deal with St Peter’s Brewery to supply the UK’s first alcohol-free craft beer which will be available in March 2017. Tesco world beer buyer, David Tavernor, said: "We are proud to be able to offer more choice on low and...

The Co-operative has revealed that it will be topping up its membership scheme with £15 million. Having recently only just reinstated the scheme, the significant amount of money for the scheme is an effort to turn around its financial woes. Members of the grocer, which holds the fifth largest amount of market...

DIY retailer Screwfix have started construction work this month on the new unit which covers 562,000 sq ft and will primarily create 200 jobs which will increase to 700 over the next five years. The new distribution centre joins Trentham and Prologis Park Stafford which services stock for its 490 strong...

It has been announced that Dr Martens footwear retailer are planning on opening 100 new stores and instore shops during the next five years. The iconic footwear retailer, despite sales decreasing 4% to £232.4 million, opened 11 new stores and nine instore shops in the year to 31st March. Other figures show...

ASOS have revealed that it will be taking on 1500 new staff at its headquarters in London over the next three years. To house the new members of staff, the ecommerce giants are looking to spend £40 million on renovations and has taken on 40,000 sq ft to help accommodate them...

Car manufacturer Tesla has announced that it has opened a new retail space in Chiswick, West London, situated at 109 Devonshire Road. Bringing the number of dealerships to 16 once Chiswick is open is particularly significant as the company only had one three years ago. On display will be both the Model...