Hema plans to scrap paid staff breaks

Lifestyle retailer Hema have plans to cut costs by scrapping paid breaks for their staff in stores, bakeries and distribution centres.

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Aldi rivals Waitrose with market share

Discount store Aldi is catching up with high-end brand Waitrose – and closing in on their position as the sixth largest supermarket in the UK.

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Uniqlo to open first store in Chicago

Fashion retailer Uniqlo is opening a new store in Chicago – and it is to be the Japanese brand's second largest U.S. store at 60,000-square-feet.

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Amazon to invest $2 billion in operations in India

Online retailer Amazon has revealed plans to invest a further $2 billion in order to boost it's operations in India – which the brand have said will become “our fastest country ever” to reach $1 billion in gross sales.

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New plan for Puma

At Puma earnings before interest and tax dropped 60 per cent to €12.6 million in the second quarter, when analysts had predicted a €10.2 million average.

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Greggs profit jumps nearly 50%

Sausage roll aficionado Greggs on Wednesday said profits had increased by nearly 50 per cent in the first half of the year after an “encouraging” response to its new sandwiches and coffee ranges.

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Poundland names Darren Shapland as new chairman

Fixed-price retailer Poundland has named Darren Shapland as its new chairman after it emerged that current boss Andrew Higginson was leaving to become deputy chairman of Morrisons in October.

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Pandora franchise store to open in Frenchgate shopping centre

The Frenchgate shopping centre in Doncaster, South Yorkshire has been given a revamp thanks to a new Pandora franchise shop and a £10 million investment.

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Blackberry have no acquisition offers on the table

Blackberry Ltd. have announced they have no acquisition offers currently, and CEO John Chen is looking to remake the company.

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Tesco announce Alan Stewart as chief financial officer

Tesco have announced that their new chief financial officer will be Alan Stewart, effective from 1 December 2014.

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