New Somerfield bid rejected
June 5, 2003 7:57 am120p-a-share offer ‘presents risks to business’ June 5 2003 The board of Somerfeld has rejected an increased 120p-a-share offer from the consortium led by John Lovering.... View Article
General Merchandise News
UK retail sales pick up in May
June 4, 2003 11:24 amModest growth in CBI survey June 4 2003 UK retail sales grew in may for the second consecutive month, according to the CBI. While retailers have... View Article
Morrison emerging as Safeway favourite
May 31, 2003 9:52 amSell off may deter big players May 31 2003 Morrisons is emerging as the City favourite to win the battle to take over rival supermarket operator... View Article
Hudson’s Bay hit by SARS fears
May 27, 2003 12:00 amCanadian retailer sees sales fall May 27 2003 Canadian retail giant Hudson’s Bay Company saw its sales hit by concerns over the SARS outbreak in the... View Article
Tesco in Thai expansion
May 27, 2003 12:00 amSupermarket giant plans growth in biggest Asian market May 27 2003 Tesco Lotus, the Thai operation of the UK’s biggest retailer, plans to open more than... View Article
Sainsbury’s sets up c-store team
May 27, 2003 12:00 amUK supermarket operator focussed on convenience growth May 27 2003 Sainsbury’s has signalled that its intention not to beaten to the punch in the increasingly competitive... View Article
Ahold unearths new accounts problems
May 26, 2003 12:00 amBanks extend lifeline for supermarket giant May 26 2003 Ahold has negotiated an extension to the deadline for filing its 2002 accounts after its investigations threw... View Article
Office Depot gets go ahead for French move
May 25, 2003 12:00 amUS retailer given EC approval for Guilbert acquisition May 23 2003 Office Depot has been given the go ahead to add French rival Guilbert to its... View Article
Austin Reed hoping for second half boost
May 24, 2003 12:00 amSales still lower for clothing retailer May 24 2003 Clothing retailer Austin Reed is waiting for its refurbished Regent Street store to give the business a... View Article
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