Tag : Arcadia
Arcadia online – all under one roof?Subscription
Could Arcadia one day follow suit with its brands available from one digital offering?
Britain's got retail talent Subscription
It was with trepidation that I went up to my CEO’s (Miles Gray) office after being summoned randomly a few weeks ago. I exhaled a sigh of relief as he explained that he had been asked to sit on the judging panel for the World Retail Congress competition alongside a whole host of industry giants such as Sir Philip Green, Sir Stuart Rose and Terry Green from Tesco.
Arcadia reportedly warned BHS pension trustees in 2009 that the department store chain was being “stripped to the bone” and that it did not have enough funds to fill the hole in the pension scheme.
Arcadia is “considering various options” to replace the £100m annual revenue generated through Dorothy Perkins, Wallis and Burton concessions within BHS stores, Drapers understands.
Arcadia may block new BHS administrator Subscription
Arcadia is reportedly considering an attempt to block the use of a second administrator to BHS as it would be a waste of creditors’ funds.
700 jobs at risk as more BHS stores face closureSubscription
Shop worker’s union USDAW has warned up to 700 BHS staff will be affected by the latest wave of store closures and urged Sir Phillip Green to find alternative roles for those facing redundancy.
SFO urged to investigate BHS downfall Subscription
Work and pensions select committee chair Frank Field has urged the Serious Fraud Office to look at whether Sir Phillip Green or Dominic Chappell acted illegally while in charge of BHS, according to the Guardian.
Arcadia to open 76th Outfit storeSubscription
Arcadia’s multibrand fascia, Outfit, is to open a 13,300 sq ft store at Flemingate shopping centre in Beverley, east Yorkshire, on 8 October.
Arcadia launches ‘buy now pay later’Subscription
Arcadia has launched a partnership with payments provider Klarna to allow shoppers in the UK to buy goods now and pay for them at a later date.
A backbench debate on the demise of BHS and Sir Philip Green’s role in the collapse of the department store chain is expected to take place next Thursday.