Buyout offer for Circuit City
February 16, 2005 9:31 amUS retailer gets private equity approach Circuit City, the number two specialist electronics retailer in the US, has received a takeover approach from private equity Highfields... View Article
General Merchandise News
Lower growth at H&M
February 15, 2005 10:47 amJanuary growth up 5 per cent Swedish fashion group H&M has reported 5 per cent sales growth in January, a sharp drop over the 12 per... View Article
Blockbuster goes hostile on rival
February 15, 2005 8:58 amMove to buy debt of video retailer Video rental giant Blockbuster has begun hostile moves in its bid to take over rival Hollywood Entertainment. Blockbuster has... View Article
Allders’ staff briefed on new bosses
February 14, 2005 8:55 amDebenhams acquires eight stores The administrators of the Allders department store group are close enough to a sale of some outlets to have started telling store... View Article
Asda launches ‘mums army’
February 13, 2005 7:25 pmExecutive board of mothers to be recruited Asda aims to spotlight its family-friendly credentials by recruiting a ‘mums army’ to advise the business. The Wal-Mart owned... View Article
Wal-Mart looking for Valentine’s sales boost
February 13, 2005 3:02 pmUS sales on track across past week Wal-Mart was hoping for a boost to its sluggish general merchandise sales in US stores over the weekend as... View Article
US Wal-Mart workers reject union
February 12, 2005 11:46 amPennsylvania employee vote against representation A group of Wal-Mart employees at a US store have rejected union representation. Seventeen employees who work in the Tire and... View Article
Store jobs cut at Allders
February 11, 2005 6:46 pm680 redundancies across business The administrators of department store group Allders are to cut 680 jobs across the business, including 471 from stores. Administrator Kroll said... View Article
Morrisons denies Northern Ireland pull-out
February 11, 2005 6:32 pmNo plans to sell former Safeway stores Morrisons has denied reports that it is planing to sell its stores in Northern Ireland to rival Asda. The... View Article
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