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Supermarket group Sainsbury’s has seen the first quarter of positive like-for-like sales growth in over two years, with total sales excluding fuel rising 1.2% and like-for-like sales up 0.1%. Although chief executive Mike Coupe emphasised that the market would “remain competitive” as food deflation continues to impact sales growth, he added...
Cosmetics giant Avon is to move its head office from the US to Britain for the first time in its 130-year history following the anticipated sale of its North American business. The company will maintain its listing on the New York Stock Exchange as well as its operations in Suffern...
French-Swedish men’s sportswear brand Ron Dorff, has announced that it is to debut in the UK in early April by opening a store in London’s Seven Dials. With its flagship store in Paris, the brand also sells online to more than 50 countries around the world and is present in over...
It has been reported that French Connection saw a disappointing first half trade, which has seen its losses broaden in the year to 31st January, despite sales improving in the second half of the year. Figures show that the company reported an underlying operating loss of £4.7 million in comparison to...
Sports Direct boss Mike Ashley has invited MPs and the media to visit the company’s head office to observe its business practices with particular regards to its treatment of staff. The move comes after Mr Ashley failed to appear before a business select committee on working conditions at the company’s warehouse. Labour...
Ikea has seen record revenues and profits at its Dublin store in the past year, fuelling the case for growth throughout Ireland. “We are pleased to report positive growth in the Ikea Dublin store in financial year 2015,” said store manager Marsha Smith. “Ikea is committed to expanding in the Irish market...
Clothing chain Uniqlo is preparing to re-open its Oxford Street flagship store later this week, backed by an advertising campaign aimed at a youth audience. The campaign, titled ‘This Way to Utopia’ features a film series of contemporary dancers performing in a variety of London backdrops. It also includes partnerships with...
Spar has appointed former Morrisons director of category development, Jackie Mackenzie, as its new chief information officer. Based in its head office in Harrow, Ms Mackenzie will be responsible for a number of areas such as management information, financial accounts, and supply chain and technology operations. Spar’s new CIO’s previous roles include...
Managing director of Harrods, Michael Ward, will step down this year after working for the company for over a decade. According to Sky News, Ward's departure was announced to the department store's staff on Thursday evening and it is not known whether a successor has been found to take on the...
Tesco has publicised a new charity initiative intended to make sure “no food that can be eaten” from a Tesco store will go to waste. The “Community Food Connection”, in collaboration with Fareshare FoodCloud, will see Tesco sending millions of meals to those in need. According to CEO Dave Lewis, the...
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