Halfords defy economic downturn

July 25, 2008

Halfords have defied the trend of retail downturn. They have announced better than expected profits for the first quarter. The profits have been driven by a focus on costs and strong sales of car maintenance products. The retailer posted like for ...

Northern Rock appoint new boss

July 25, 2008

Gary Hoffman has been appointed as the new chief executive of Northern Rock. Mr Hoffman will leave the position of vice chairman of Barclays for the position at Northern Rock. He replaces the current chief executive Andy Kuipers, who is due ...

Internet providers in music pirates deal

July 24, 2008

A plan has been made between the music industry and six of the UK's biggest internet service providers (ISP's) to combat piracy online. Letters will be sent to hundreds of internet users who are suspected of illegally sharing music, in the ...

Google top UK brand list

July 24, 2008

According to a consumer survey, Google has become the UK's top brand, moving two places up from last year. Google beat Microsoft and Mercedes Benz to gain the top spot. The internet search engine also topped a poll of "superbrands" earlier ...

Sky to launch internet music service

July 23, 2008

The satellite television company, BSkyB is launching a subscription service for internet users wanting to download music. Sky claim this is a world first. Sky, who offer television and broadband services, is teaming up with Universal Music to offer thousands of ...

Boots the chemist exploiting smaller firms

July 23, 2008

The retailer and chemist chain Alliance Boots have been accused of exploiting smaller firms to benefit their cash flow. Boots have written to suppliers telling then that invoices will be paid up to 75 days from the end of the invoice ...

Supermarkets to lower petrol prices

July 22, 2008

Three of Britain's biggest supermarkets have said they will lower the price of petrol. Asda, Sainsburys and Morrisons are all due to introduce price reductions on fuel or schemes to save money on fuel. Asda have said they will reduce the price ...

Co-op chief exec reveals a shake up to give shoppers more choice

July 22, 2008

The Co-operative Group's chief executive Peter Marks has revealed plans to shake up of Britain's supermarket sector. The retailer agreed to a £1.57 billion takeover of Somerfield. Peter Marks hopes the move will help lead a makeover of the Co-op brand ...

Tesco to back plans for supermarket ombudsman

July 21, 2008

The UK's biggest supermarket Tesco is set to back calls for legislation to create an ombudsman if the top 10 grocers refuse to accept such authority voluntarily. Tesco's chief executive, Sir Terry Leahy and his counterparts at Asda, Sainsburys and Iceland ...

Sony Ericsson to cut jobs worldwide

July 21, 2008

Sony Ericsson, the mobile phone manufacturer has said it will axe 2,000 jobs worldwide over the next year. The company also reported losses of 2 million Euros for the second quarter of the year which is a contrast to the profit ...

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