In a rare piece of good news for the retail sector, supermarket Morrisons has bought 49 Blockbuster stores from the DVD rental group's administrator, Deloitte.
Like this page on Facebook for updates
Friday 09 April 2010
Thursday 08 April 2010
Retailer Marks & Spencer said today it had shared out an £80 million bonus pool between staff as it revealed a better-than-expected 5.1% surge in fourth quarter sales.
Monday 05 April 2010
Friday 19 March 2010
Sir Stuart Rose is to leave Marks & Spencer by March next year and will take a pay cut of a quarter when he becomes non-executive chairman at the end of July.
Thursday 18 March 2010
Marks & Spencer bowed to pressure from investors today after chairman Sir Stuart Rose agreed to a 25 per cent pay cut for his final months with the high street giant.
Thursday 04 March 2010
Sir Stuart Rose hinted yesterday that he may step down early from the chairman's role at Mark's & Spencer, as he launched a robust defence of the £15m that the incoming chief executive, Marc Bolland, could pocket in his first year.
Tuesday 02 February 2010
Saturday 30 January 2010
Wednesday 06 January 2010
Marks & Spencer today warned of tough times ahead for shoppers in 2010 despite the retailer's first like-for-like sales growth in more than two years.
Tuesday 24 November 2009
To the CBI shindig, where Britain's political leaders staged their own X Factor contest yesterday. Lib Dem leader Nick Clegg faced more wrath from the business world's Simon Cowells than his rivals, though give him credit for having the guts to tell some of Britain's wealthiest people that he favours new taxes on wealth. One somehow feels the delegate who told Mr Clegg that Gordon Brown had showed more vision for business wasn't being kind to either of them.
Friday 20 November 2009
Marc Bolland said he could not turn down the opportunity to become Marks & Spencer's chief executive yesterday, as he unveiled a sharp slowdown in Morrisons' third-quarter sales.
Thursday 19 November 2009
Sunday 15 November 2009
Thursday 05 November 2009
Outlook: Next and M&S might have reported better-than-expected sales figures yesterday but, of course, the focus on planet retail is not so much on the numbers themselves but on how they are put together.
- 4 Exclusive: Newcastle's star talent-spotter on brink as Joe Kinnear sparks walkout
- 5 Vast methane 'plumes' seen in Arctic ocean as sea ice retreats