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Retail & High Street

JD Sports' shareholders voice opposition to ex-Amazon executive's board role
North West
Mahbobeh Sabetnia has also held positions at McDonald's, HSBC and Mars
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PE & VC specialist Alidad Moghaddam named as chief executive of Blue Light Card
Technology
In 2022 Blue Light Card saved its 3m members more than £250m at places such as Toby Carvery, Cineworld and Halfords
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Hotter Shoes owner Unbound Group takes itself off the market after no offers were made
North West
The group is now hoping to raise up to £2m
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JD Sports keeps eyes on £1bn profit as sales grow
North West
Last month, JD Sports eyed up an acquisition of France’s sportswear and trainer retailer Courir for nearly £450m
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Part One of the BusinessLive East Midlands Top 500 Companies List 2023 – Numbers 500-351
East Midlands Top 500
List is compiled by researchers from the Business Schools at De Montfort, Derby and Nottingham Trent universities
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Mike Ashley's Frasers Group ups AO stake for a third time
North West
The owner of House of Fraser and Sports Direct is AO's largest shareholder
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Pets at Home launches £50m shares buyback move
North West
Pets at Home said the only purpose of the move is to reduce its share capital
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Unexpected boost to retail as petrol prices drop and warm weather brings out shoppers
Retail & High Street
However, people were still spending less in supermarkets because of higher prices
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Hotter Shoes owner Unbound Group issues statement over emergency restructuring plans
North West
'The board will continue to provide further updates as appropriate'
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Boohoo shareholders revolt over executive bonuses as fashion giant eyes return to profit
North West
Chief executive John Lyttle was handed a £650,000 bonus last year despite the group racking up losses of over £90m
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Matalan secures extra £25m to fund growth ambitions
North West
Matalan was founded by John Hargreaves
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Former THG boss joins Boohoo's attempted boardroom coup at Revolution Beauty
North West
Boohoo first invested in Revolution Beauty in August 2022 and further upped its stake in November last year
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Billionaire's hedge fund sells almost entire Boohoo stake after shares drop
North West
Mike Ashley's Frasers Group acquired a stake in Boohoo earlier this week
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THG shareholders voice opposition to re-election of long-standing board member
North West
Iain McDonald is also a board member at fashion giant Boohoo
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WH Smith among South West firms named for failing to pay minimum wage
HMRC
Over 200 employers being named by government for failing to pay their lowest paid staff the minimum wage
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Revenue climb fails to halt drop in profit at Halfords
West Midlands
Bike and car part retailer sees pre-tax profit drop by 55 per cent as customers reject ‘big ticket' items amid cost-of-living crisis
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Nationwide promises to keep high street branches open until 2026
Retail & High Street
The Swindon-headquartered building society has 605 branches across the country
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Revolution Beauty brands Boohoo's attempted coup as 'value-destructive, opportunistic and self-serving'
North West
Earlier this week, Boohoo launched a campaign to vote the chief executive, chief financial officer and chairman of Revolution Beauty off the board
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THG boss Matthew Moulding gives up power to veto hostile takeover approaches as group eyes 'significant increase' in profits
North West
THG has also announced two changes to its board
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The Prince's Trust hosts first-ever Black Pound Marketplace event
Black Communities
BusinessLive looks at five black-owned start-ups supported by The Prince's Trust
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Eight-storey student flats with shops and commercial space in Beeston gets green light following appeal
Construction
Initial planning application was turned down because of parking concerns, scale of the building, and its sustainability
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Mike Ashley's Frasers Group doubles stake in Currys
Retail & High Street
Frasers has a history of investment partnerships in other retail brands, such as AO.com, Asos and Hugo Boss
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Mike Ashley's Frasers Group acquires stake in fashion giant Boohoo
North West
The move comes after Frasers Group acquired an 8.9% stake in electricals retailer Currys
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The future of the high street: FSB wants businesses to have their say on what the future holds
Retail & High Street
FSB launching survey on July 13 to plan ‘new golden age of the high street’
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