Poundland warns landlords over costs as it moves into 20 former Poundworld stores September 20, 2018 Poundland has warned landlords about the "new realities of retail" as it announced the take over of former Poundworld stores after the rival discount brand collapsed into administration. Poundland will open in 20 large sites previously occupied by Poundworld in October, in a move that could create more than 400 jobs. Read more: Iceland to take over a handful of former Poundworld stores More than 5,000 [...]
British American Tobacco boss to step down within next year September 19, 2018 The chief executive of British American Tobacco will step down in the next year as the sector struggles with share price decline and slowing sales growth, according to reports. Nicandro Durante will leave the company after seven years in the top job, Sky News reported this evening, and is likely to be replaced by an [...]
British American Tobacco boss to step down within next year September 19, 2018 The chief executive of British American Tobacco will step down in the next year as the sector struggles with share price decline and slowing sales growth, according to reports. Nicandro Durante will leave the company after seven years in the top job, Sky News reported this evening, and is likely to be replaced by an [...]
Cath Kidston to review UK store locations in bid for higher footfall September 19, 2018 Fashion retailer Cath Kidston is reviewing the locations of its UK stores as it looks to move to destinations that attract higher footfall. The brand, which has 65 stores across the UK including pop-ups and concessions, is reviewing individual branches as leases come up for renewal at which point it will consider whether to relocate the store to a [...]
Cath Kidston to review UK store locations in bid for higher footfall September 19, 2018 Fashion retailer Cath Kidston is reviewing the locations of its UK stores as it looks to move to destinations that attract higher footfall. The brand, which has 65 stores across the UK including pop-ups and concessions, is reviewing individual branches as leases come up for renewal at which point it will consider whether to relocate the store to a [...]
EU competition watchdog launches probe into Amazon’s business practices September 19, 2018 Amazon's business practices will be put under the microscope as the EU competition watchdog launched a probe into how the retailer uses data collected from smaller merchants. The preliminary investigation will scrutinise how the online shopping giant uses data it collects as a host for merchants and as a seller itself, as Amazon sells its own products [...]
EU competition watchdog launches probe into Amazon’s business practices September 19, 2018 Amazon's business practices will be put under the microscope as the EU competition watchdog launched a probe into how the retailer uses data collected from smaller merchants. The preliminary investigation will scrutinise how the online shopping giant uses data it collects as a host for merchants and as a seller itself, as Amazon sells its own products [...]
ING Ventures invests £6.7m in open banking platform Cobase September 19, 2018 ING Ventures has invested €7.5m (£6.7m) in open banking platform Cobase, which allows customers to manage several bank accounts through one portal. Cobase, which is an arms-length venture of ING Bank, allows users with multiple bank accounts to view balances and transactions in one place, make payments and use cash management services. Read more: Royal Bank of Scotland testing new [...]
ING Ventures invests £6.7m in open banking platform Cobase September 19, 2018 ING Ventures has invested €7.5m (£6.7m) in open banking platform Cobase, which allows customers to manage several bank accounts through one portal. Cobase, which is an arms-length venture of ING Bank, allows users with multiple bank accounts to view balances and transactions in one place, make payments and use cash management services. Read more: Royal Bank of Scotland testing new [...]
EU working to improve Irish border backstop proposal, Barnier says September 18, 2018 The European Union has softened its approach to the Irish border backstop "insurance policy" arrangement, EU chief negotiator Michel Barnier said this evening, in a push to effectively complete the Brexit deal within the next month. Speaking in Brussels ahead of a summit of EU leaders in Salzburg tomorrow and Thursday, Barnier confirmed that work was ongoing to improve the offer to Britain and said [...]
