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Card Factory is reportedly considering a bid for rival cards, gifts and stationery firm Paperchase. If the potential deal goes ahead, it will add 130 stores to Card Factory’s UK portfolio.Paperchase was put up for sale by its private equity owners Primary Capital for £150 million in October. ...
The chief executive of Apple, Tim Cook, saw his salary rise almost 43% in February last year to $2 million according to the company.The increase is the first since November 2011.The salaries for other executives at the company increased by over 14% and the bonuses for the executive team rose...
Retail sales in December unexpectedly increased in Britain as shoppers flocked to supermarkets and bought more fuel on the back of falling oil prices, official data showed on Friday.Sales were expected to be weaker after consumers took advantage in November of the country's first major round of US-style Black Friday...
Jimmy Choo the British luxury brand in shoes and accessories has reported a 12% rise in net revenues for the year ended 31 December 2014.Throughout the year Jimmy Choo has also enjoyed other highlights including a 15.4% growth for retail net revenue, like-for-like growth of 5.7% and a successful launch...
Hong Kong tycoon Li Ka-shing who is worth an estimated £22 billion is in talks to buy Britain’s second largest provider O2 from Telefonica for around £10.25 billion ($15.4 billion).Already owning the Three mobile network and combining it with O2, his company Hutchinson Whampoa would be the UK’s largest mobile...
It has been reported that online giant eBay is to axe 2,400 jobs in the first quarter, which equates to 7% of its workforce. These cuts will be across eBay Marketplaces, PayPal and eBay Enterprise units.In a statement eBay said it wanted to refocus the businesses and ensure it was...
Royal Mail has announced that its Christmas parcel deliveries saw a rise of 4% as it delivered 120 million parcels.In a statement Royal Mail has said that parcel deliveries rose by 3% over the last nine months, however letter deliveries fell by 3%.The company has said that it expects to...
Halfords’ chief executive, Matt Davies has been poached by Dave Lewis, to run Tesco’s UK and Ireland operations.The boss of Halfords has said he is “genuinely gutted” to be leaving the car parts and bicycles retailer but the chance to join Tesco as the boss of its biggest division was...
UK unemployment has fallen once again by 58,000 to 1.91 million according to the Office for National Statistics (ONS). The fall brings unemployment to its lowest level in over six years.The latest labour market statistics also showed that there are now 30.8 million people in work with wage growth remaining...
Poundland has reported “another good quarter of sales growth” in its third quarter trading statement to 28th December 2014.During this period Poundland opened 17 stores in the UK and Ireland making the total 45 during the financial year with more stores due to open for its next financial year.Excluding Spain,...
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