Robert Wiseman warns on profit as price war hits September 16, 2010 Robert Wiseman Dairies yesterday said it expected stiff competition to hurt its operating profits for the second half and next year, sending the shares down by nearly a third. The company that procures, processes and delivers milk to customers across the UK forecast second-half operating profit falling by around £7m and by £16m in 2012. [...]
COMPANY OF THE YEAR | The Shortlist September 12, 2010 IT has been another tough year for business. The sovereign debt crisis rocked already shaky market confidence, while uncertainty has kept consumers from splashing out. It is in hard times that reputations are made, though, and over the past year the best have bounced back. Both retailers on our list have, in their different ways, [...]
COMPANY OF THE YEAR | The Shortlist September 12, 2010 IT has been another tough year for business. The sovereign debt crisis rocked already shaky market confidence, while uncertainty has kept consumers from splashing out. It is in hard times that reputations are made, though, and over the past year the best have bounced back. Both retailers on our list have, in their different ways, [...]
Thorntons unveils new boss November 3, 2010 CHOCOLATE retailer Thorntons has appointed Caffé Nero managing director Jonathan Hart as its new chief executive. Hart will take up his post on 4 January and will be charged with restoring momentum to the confectioner’s high street operations, which have suffered from falling sales in recent months. During five years with Caffé Nero, he doubled [...]
Thorntons unveils new boss November 3, 2010 CHOCOLATE retailer Thorntons has appointed Caffé Nero managing director Jonathan Hart as its new chief executive. Hart will take up his post on 4 January and will be charged with restoring momentum to the confectioner’s high street operations, which have suffered from falling sales in recent months. During five years with Caffé Nero, he doubled [...]
PTT plots bid for Carrefour assets August 20, 2010 PTT, Thailand’s biggest energy company, said it plans to bid for French retailer Carrefour’s Thai assets, worth an estimated $600M (£386m), under a plan to diversify its businesses. Carrefour, Europe’s top retailer, wants to sell its Malaysia, Singapore and Thailand units at a potential price of $1BN to focus on core markets where it holds [...]
PTT plots bid for Carrefour assets August 20, 2010 PTT, Thailand’s biggest energy company, said it plans to bid for French retailer Carrefour’s Thai assets, worth an estimated $600M (£386m), under a plan to diversify its businesses. Carrefour, Europe’s top retailer, wants to sell its Malaysia, Singapore and Thailand units at a potential price of $1BN to focus on core markets where it holds [...]
PTT plots bid for Carrefour assets August 20, 2010 PTT, Thailand’s biggest energy company, said it plans to bid for French retailer Carrefour’s Thai assets, worth an estimated $600M (£386m), under a plan to diversify its businesses. Carrefour, Europe’s top retailer, wants to sell its Malaysia, Singapore and Thailand units at a potential price of $1BN to focus on core markets where it holds [...]
Tesco hires new clothing chief March 10, 2010 TESCO has hired the former head of non-food at J Sainsbury in a bid to revive its £1bn clothing business. Richard Jones will replace Terry Green as Tesco’s clothing chief – running the clothing business in the UK, as well as taking charge of its home furnishings division. Green, whose five-year contract for Tesco is [...]
New trading director hired to steer JJB September 15, 2010 JJB Sports has appointed Ben Sherman international retail director Kate Hayes as its trading director to nurse it back to health. Hayes will work alongside retail director Ron Rome and HR and training director Paul Mitford. She will join the retailer on 1 November and will be based at its Retail Support Centre in Wigan. [...]