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Department store Debenhams has announced that has appointed Lisa Myers as a non-executive director. Ms. Myers is the lead portfolio manager of Templeton Growth Fund and lead equity portfolio manager of Templeton Global Balanced Fund in Canada. Ms. Myers also manages institutional separate accounts with international and global mandates. She is...

French furniture and interior design specialists Silvera will launch in the UK at 241-245 King’s Road. Due to open this Winter, the 5,244 sq ft contemporary design showroom will display furniture, lighting, rugs and designer home accessories including cushions, throws, vases, jewellery, books and limited edition pieces. The design of the...

Halfords, the cycling retailer and car parts company has announced that its revenue increased 4.8% over the summer, enhanced by cycling sales in the 20 weeks to the 19th August. Figures show that like-for-like sales grew 1.2%, with retail like-for-likes increasing 1.1% and autocentre sales growing 1.8%. This was helped by a...

It has been revealed that Marks and Spencer has teamed up with Oxfam to launch an online platform where shoppers can buy items of clothing that once belonged to celebrities such as Lisa Snowdon, Stella Tennant and Millie Mackintosh. Customers will also be able to donate their clothing to raise money...

Following its recent £1.4 billion acquisition of Home Retail Group, Sainsbury’s has announced the roll-out of 30 new store-in-store Argos outlets in its supermarkets nationwide. The group added that five Habitat concessions will also open in Sainsbury’s stores in the coming months, offering over 600 products including furniture, lighting and...

Retail sales in August were down against last year, the weakest performance since September 2014, excluding Easter distortions. On a three-month basis, total UK retail sales rose 0.6%, half the rate of the 12-month average of 1.2%. According to the British Retail Consortium, total food sales rose 0.9% on a three-month...

Supermarket Morrisons has announced a new wave of price cuts across its fresh products such as meat and poultry by as much as 12%. Morrisons said that it would be slashing prices on 30 fruit and vegetable products including broccoli, carrots, peppers as well as ham and other cooked meats...

Gourmet Burger Kitchen has been bought by South Africa’s Famous Brands for £120 million. The deal paves the way for an ambitious expansion plan outlined by Famous Brands to double the casual dining chain’s estate over the next five years including possible expansion into South Africa. GBK was founded in Battersea...

Christopher Baker, chairman at Nisa has decided that he will be resigning at the company’s Annual General Meeting which will be held on the 29th September. Standing in as interim non-executive chairman designate will be Peter Hartley, who joined the board in 2012 as an independent non-executive director. Mr Hartley, currently...

It has been revealed that CEO of Evans Cycles, Nick Wilkinson has resigned from the company on mutually agreed terms due to lower profits in the last year. Figures show that the bike chain’s pre-tax profits dropped 69% to £1.37 million in 2015, however it was bought for around £80 million...