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News for Retail & Consumer

Wednesday, October 31, 2012
Premier Foods to sell Branston brand to Japanese company for £93 million
Premier Foods has agreed to sell the Branston brand to Mizkan, a Japanese company for £93 million as the business seeks to reduce debts of over £1 billion.

Thursday, October 25, 2012
Debenhams to create 1,700 jobs in expansion drive
An expansion drive by Debenhams is expected to create 1,700 new jobs as the department store looks to open 17 UK stores over the next five years.

Wednesday, October 24, 2012
Argos closes 75 stores in digital transition
In a move to a predominantly online based service Argos is set to close or relocate 75 stores over the next five years.

Premier Foods review Hovis sale
Premier Foods owned Hovis could be sold after the owners ended a £75 million contract with a unnamed supermarket due to untenable margins.

Wednesday, October 10, 2012
Mitie acquires UK home care provider Enara for £110.8 million
Outsourcing company Mitie has spent £110.8 million to buy home care provider Enara, the fourth-largest home care businesses in the UK.

Wednesday, October 03, 2012
Tesco reports profits decline
Tesco have reported a 12 percent fall in group pre-tax profits, as the supermarket giant reports the first profit drop in 15 years.