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 UNITED KINGDOM FRANCHISE NEWS ARCHIVE
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: : Mar/Apr 2001
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M&S 'confident' in Luc. Troubled UK retailer Marks
& Spencer on Sunday evening leapt to the defence of its chairman Luc
Vandevelde, following reports in the Sunday papers that he might be
under pressure to give up his £810,000 bonus. .... [more]
22 Apr, 2001
Foot-and-mouth hits McDonald's. The American
fast food giant McDonald's has said foot-and-mouth disease helped
take 16% off profits in the first quarter as sales of burgers in Europe
continued to flag. .... [more]
19 Apr, 2001
Body Shop is backing May Day protesters. Anita
Roddick, the Body Shop founder, has publicly supported a camp at which
May Day anarchists are learning direct action techniques, even though
her stores are listed as one of their targets. .... 19 Apr, 2001
M&S takes axe to its top table. Marks & Spencer
is understood to be planning a top-level management reshuffle as it
struggles to rediscover its winning formula. .... [more]
17 Apr, 2001
Grumbles in the garage. The motor trade has
to clean up its act if it is to reverse the costly decline in skilled
staff, says James Foxall. .... 17 Apr, 2001
Control of the Body Shop could cross Atlantic. Body
Shop founder Anitia Roddick could soon lose control of a large part
of the Body Shop empire. The chief executive of the Body Shop's American
division, Adrian Bellamy, is understood to be preparing to seize control
of his part of the health and beauty chain. .... 16 Apr, 2001
Pressure grows on ailing Marks & Spencer. Marks
& Spencer was last night considering making a statement to the stock
exchange after the latest damaging revelations about the group's decline.
.... [more]
9 Apr, 2001
Marks enters the bargain basement. There is
something awe-inspiring about the steady implosion of what was the
country's leading retailer, Marks & Spencer. And also something deeply
sad. .... [more]
7 Apr, 2001
M&S slips deeper into crisis. Sales on the slide
despite price cuts, says leaked report .... [more]
7 Apr, 2001
Leaked papers reveal the devastating decline of M&S.
Staff morale hits rock bottom in UK as French take to the
streets. .... [more]
7 Apr, 2001
No fat on this pizza chain - so tuck in. Domino's
Pizza is a lean operation, and the direct mail market is expanding,
says Andrew Griffiths in this week's guide to investing in smaller
companies. .... 5 Apr, 2001
Arcadia to sell five chains. The UK clothing
group Arcadia has announced that it will sell five of its 14 fashion
chains after a strategic review of the business. .... [more]
5 Apr, 2001
The difficulty of finding talent for your outlets. More
than 40pc of companies operating franchise systems say that the main
barrier to growth is the shortage of suitable people to run their
outlets, according to a survey by NatWest and the British Franchise
Association. .... 2 Apr, 2001
French say M&S closure may have been illegal. Jospin
says that the employees who enriched Marks & Spencer shareholders
deserved better than to be dismissed by email .... [more]
1 Apr, 2001
Marks and Spencer To Close Stores. In a major
restructuring, struggling British retailer Marks & Spencer said on
Thursday that it plans to close all its stores in continental Europe,
cut about 6 percent of its work force and put its Brooks Brothers
chain up for sale. .... 30 Mar, 2001
Rocky ride for M&S shares. The generally downwards
trajectory of Marks & Spencer's share price over the past 18 months
reflects the company's struggle to re-invent itself. .... [more]
30 Mar, 2001
M&S scraps overseas stores. Marks and Spencer
is to close all its overseas stores as it seeks to go back to basics
to halt falling sales and profits at its core UK operations. ....
[more]
30 Mar, 2001
4,400 jobs go in latest M&S revival bid. Marks
& Spencer, the beleaguered retailing giant, is to axe nearly 4,400
jobs as it pulls out of continental Europe and closes its loss-making
UK mail order business. .... 30 Mar, 2001
M&S 'to announce shake-up.' It is rumoured that
Marks & Spencer is preparing to announce a radical shake-up of the
High Street chain in a fresh attempt to halt falling sales. .... [more]
29 Mar, 2001
Compass set to book out of Forte hotels. Britain's
Compass Group is set to complete the first two steps of its Forte
hotels auction next week with the sale of its last two London "Signature''
hotels and its Heritage chain, industry sources said on Friday. ....
23 Mar, 2001
McDonald's: Disease Could Hurt U.K. Sales. Fast-food
giant McDonald's Corp. on Wednesday said that a recent outbreak of
foot-and-mouth disease in the United Kingdom could dampen sales in
the region. .... 14 Mar, 2001
DNA test allows M&S to trace bad produce. Marks
& Spencer will be able to trace the individual animal responsible
for each piece of meat on its supermarket shelves under a partnership
deal with a hi-tech offshoot of Kent-based engineering firm Whatman.
.... [more]
13 Mar, 2001
M&S designer range misses target. Troubled retailer
Marks and Spencer missed February's sales targets for its latest designer
range dubbed Autograph. .... [more]
9 Mar, 2001
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