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Mobile phone company EE is to open 50 new stores in 2014, creating approximately 350 new jobs on the high street and retail parks.Deirdre Burns, EE retail director, commented: “The High Street is working for us, and we are committed to operating the best shops, in the right locations. This...
Sandwich chain Subway is planning to ramp up its store openings in the next six years in a move which could create up to 13,000 new jobs.The move would see Subway increase its current opening rate of 150 stores a year in the UK and Ireland to 170 this year...
Pub chain JD Wetherspoon has paved the way for its expansion plans by announcing higher sales over the Christmas period, although it added that its operating margins were likely to be suffer as it prepares for the new openings. For the first 12 weeks of the second quarter to 19...
Stationery and books chain WH Smith has said that it is “confident in making further progress” as its profits rose despite a like-for-like sales fall.In the 20 weeks to January 18th, the group saw total sales fall 4%, with like-for-like sales also down by 4%.However, chief executive Stephen Clarke insisted...
Police were called to a 99p Stores branch in Wrexham after its closing down sale sparked a row between customers and staff.A half price sale at the closing store attracted dozens of shoppers, some of whom had queued for over two hours, but staff were required to put the prices...
A report from PricewaterhouseCoopers (PwC) has revealed that company bosses in the UK are amongst the most confident in the world.Nearly two-thirds of chief executives in the UK were planning to take on more staff this year, compared to a global average of 50%, with only Taiwan, Korea and the...
Consumer goods behemoth Unilever has said that a boost in its emerging markets division helped the group to achieve a full-year net profit rise of 9% to 7.1bn euros (£5.9 billion).Paul Polman, CEO, said in a statement: “2013 provides further evidence of the progress we are making in transforming Unilever...
This year's BRC Retail Crime Survey has revealed that UK retailers are fighting a rising tide of theft in store. Last year saw the highest level of theft for nine years, and the average value of theft increased by 62% to £177 per incident, indicating that stealing is becoming more...
The UK’s biggest off-licence group, Conviviality Retail, has said that the cost of listing itself on the stock market saw pre-tax profits plummet from £1.7 million to a £1.1 million loss in the six months to the end of October.In a first half which the company described as a “period...
Pub group and brewery Marston’s has said that it is “encouraged” by its performance in the financial year to date, including good trading over the Christmas and New Year period.Ahead of its AGM today, the group said that profitability is in-line with expectations, with like-for-like sales at its managed and...
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