GoodLife plans on acquiring Target locations across Canada
GoodLife Fitness is exploring the option of acquiring soon-to-be-closed Target locations to expand its presence across Canada. It is also offering job opportunities to Target...
Sainsbury’s to drop PwC for Ernst & Young if investors agree
Britain’s second-largest supermarket chain Sainsbury’s said on Friday that it planned to stop using PwC (PricewaterhouseCoopers) as its auditors and replace it with arch-rival...
Sony is closing all its stores in Canada
Sony announced it will be shutting down all of its Canadian stores over the next couple of months. A total of 14 stores will...
Target closing all its Canadian stores
Target will be closing all its stores in Canada, according to an announcement made on Thursday. The retailer has 133 Canadian stores and over 17,600...
Morrisons boss Dalton Philips ousted after declining Xmas sales
Morrisons, the UK’s fourth largest supermarket chain, posted a 3.1% decline in like-for-like sales (excl. fuel) in the six weeks to January 4th, prompting...
Tesco to close 43 stores and its headquarters
Troubled supermarket giant Tesco plc announced it is set to close 43 unprofitable stores across Britain, many of which are local convenience shops, as...
Boohoo.com profit warning sends shares plummeting
Boohoo.com, the British fashion brand that was floated on the London stock market in March 2015, saw its shares plummet by nearly half after...
Johnson Service Group closing 109 dry cleaning stores
Johnson Service Group PLC says it is closing 109 of its 307 high street dry cleaning stores. Their lease renewals, which are due in...
John Lewis posted 4.8% sales increase in run up to Christmas
Over the 5-week period to December 27, John Lewis enjoyed a 4.8% increase in sales to £777 million on a like-for-like basis compared to...
Retailers upbeat about 2015 prospects and plan to increase investment, UK
Retailers across the UK are optimistic regarding their prospects for 2015, with the majority expecting greater sales, increased investment and more hiring of new...