As Boden, the mass-premium brand beloved of the British middle classes, gets ready to open a high-profile high street store (on the King’s Road in London), the company has reported yet another strong year of trading.
Britain's second-biggest supermarket chain, Sainsbury's, is considering cutting 1,000 head office jobs as part of a drive to save 500 million pounds ($652 million) in costs, the Sunday Telegraph newspaper reported.
Amazon’s global scope and reach has been finally revealed with international research finding that 57% of online US consumer spend is done through the e-tail giant. And this figure is expected to rise, says a new report.
Europe’s biggest health & Wellness chain Holland & Barrett will be bought by a Russian tycoon for £1.77bn after growing sales by 90% since 2010. Superdrug owner AS Watson had also wanted to buy the fast-expanding chain.
Amazon.com Inc said on Friday it would buy U.S. grocer Whole Foods Market Inc for $13.7 billion, including debt, marking the internet retailer's largest deal and biggest foray into the brick-and-mortar retail sector.