Year: 2019

Toys R Us partners with Target to relaunch website

Collapsed toy retailer Toys R Us has relaunched online after its owner TruKids announced a partnership with American retail giant Target to help power its e-commerce offering. Target’s toy assortment, digital capabilities and fulfillment services allows Toys R Us to have an online presence as it prepares to launch a…

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M&S names new food directors ahead of £750m Ocado Partnership

Four new directors have been appointed to strengthen the senior team at Marks & Spencer’s food business before its tie-up with Ocado. According to The Times, Tesco strategy director Pav Anand has been appointed as head of food strategy and Sainsbury’s head of technical, Lisa Raschia is now head of…

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Why Chinese brands are catching up to European brands

Over the past few years, China has become the most coveted retail market in the world. Brands from across the globe are trying to connect with Chinese consumers, who have emerged as strong consumers and are looking to spend their money on quality products from abroad. Cross-border eCommerce opened the…

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M&S relaunches its Per Una brand

Marks and Spencer has launched its first major campaign in over five years for its most recognised sub-brand – Per Una. Marks and Spencer said the campaign is designed to introduce its customers to the “all new per una” following the brand’s “significant refresh”. The retailer added that the move…

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Fears over Pizza Express restaurants as debt talks emerge

Pizza Express has reportedly hired advisors to help its debt situation, sparking fears that it could be the next chain to collapse. According to Pizza Express’ latest annual report, the 470-store pizza chain restaurant finished last year with a  £1.12bn debt after a pre-tax loss of £55m. The pizza chain’s…

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Ikea could face large EU back-tax bill

Swedish furniture giant Ikea is facing the possibility of having to pay millions of euros in back taxes, as the European Commission nears its investigation into the company. According to CityAm, the two-year probe into Ikea, which was launched after its parent company Inter Ikea was found to have avoided…

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Ex-BHS owner Dominic Chappell denies tax fraud

The former owner of BHS Dominic Chappell has denied he avoided paying £500,000 in tax.  Chapell pleaded not guilty to three charges of tax evasion at Southwark Crown Court. The charges allege that he failed to register his former finance company Swiss Rock for taxes from the correct date, gave…

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Update: Sports Direct clarifies House Of Fraser store rumours

Sports Direct has moved to deny reports that it is looking to close the majority of its House of Fraser stores in the new year, claiming it has entered into new leases on the majority of House of Fraser stores. Previous coverage suggested that Sports Direct was either not paying…

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Clarks wins unfair dismissal case against former CEO

Clarks has won its legal battle against its former CEO Mike Shearwood who claimed unfair dismissal, after an employment tribunal sided with the shoe retailer. Shearwood launched a legal battle against the company after he was ousted last year following “conduct, conversations and expressions fell short” of company expectations. Shearwood…

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Gant promotes Eleonore Säll to its global management team

Gant has promoted Eleonore Säll to the role of executive VP global brand and will also join the company’s top executive management team. The retailer said the aim of incorporating the role into the management team is to “increase the focus on consumer insights and innovative marketing activities” to strengthen…

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