A chain of electrical stores under the Comet name is to be launched in a bid to fill the gap in the market left by the now-defunct retailer.
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Wednesday 20 October 2010
The serious Fraud Office (SFO) has dropped its criminal inquiry into the sports equipment retailers Sports Direct and JJB Sports over alleged cartel activities, but the regulator has vowed to continue its investigation into individuals.
Tuesday 17 August 2010
There's nothing that winds up the digital crowd more than print folk having the nerve to encroach on their territory. The reaction of online media commentators to the news that Rupert Murdoch wants to launch an internet-only paper for devices such as the iPad was wonderfully predictable. "Murdoch, however, is nothing if not delusional," writes Paul Carr on Techcrunch. "This is the last gasp effort of a man who knows the end is nigh." Sounds like a man who feels threatened to us.
Thursday 05 August 2010
The Blackburn Rovers chairman, John Williams, says a number of parties have expressed interest in buying the club, with a company run by the wealthy Indian businessman Ahasan Ali Syed yesterday confirming a formal approach. Rovers will want definite proof of investment plans before they agree to any takeover.
Friday 09 July 2010
Two of the high street's biggest chains reported sharp jumps in sales yesterday, providing further evidence of resilient consumer spending.
Saturday 19 June 2010
Friday 28 May 2010
Monday 24 May 2010
Keith Jones, the new chief executive of JJB Sports, will provide his first insight into the retail chain's recovery strategy on Thursday, when it is expected to post a loss of nearly £70m for the year to January.
Tuesday 23 February 2010
Friday 05 February 2010
The group behind the Suits You menswear chain has become the latest retailer to unveil an insolvency procedure to slash its costs and stave off collapse.
Tuesday 05 January 2010
Wednesday 16 December 2009
The professional services firm KPMG saw its profits fall as the financial crisis threw the economy off course, though its restructuring practice swelled as struggling companies queued up for advice.
Friday 11 December 2009
JJB Sports took another major step along its road to recovery by hiring Keith Jones, the current retail director at Currys owner DSGi, as chief executive yesterday. The sports equipment retailer said Mr Jones, who has been at the electricals group for the past 10 years, will join no later than 1 March.
Thursday 10 December 2009
Retailers were in focus last night, with Debenhams gaining ground as analysts looked ahead to the key Christmas trading period.
Wednesday 09 December 2009
JD Sports Fashion today sold its entire 9.9 per cent stake in rival JJB Sports for £16.3m.
Wednesday 25 November 2009
Keith Hellawell, the former government drugs tsar who resigned over the declassification of cannabis, has been appointed non-executive chairman of Sports Direct, ending the sportswear group's two-and-a-half-year search for a new boss.
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