HMV saved from closure after 50million deal which will save 2,500 jobs 141 iconic HMV stores will be saved by restructuring firm HilcoMusic and film companies 'back the deal' as they want to keep a High Street rival to internet retailers First HMV store opened on Oxford Street in 1921 By Rob Cooper PUBLISHED: 09:30 GMT, 5 April 2013 | UPDATED: 10:03 GMT, 5 April 2013 The HMV brand has been rescued after administrators agreed a 50million deal which will save 2,500 jobs. Hilco, a specialist restructuring firm, will acquire 141 HMV-branded stores – including 23 which had previously been set to close. The iconic brand had faced disappearing from high streets altogether if a rescue deal could not be agreed.
Is this the ultimate diet carb The rice with just 8 calories in every bowl One portion of Slim Rice is said to make you feel full for four hours By Larisa Brown PUBLISHED: 23:00 GMT, 15 February 2013 | UPDATED: 11:58 GMT, 16 February 2013 New product Slim Rice is said to have only 7.7 calories per 100g compared to 350 calories in white basmati rice For anyone trying to stick to a diet, carbohydrates are usually the enemy. But one type of rice is flying off the shelves, because it has virtually no calories.
Online boom forces John Lewis to axe 325 managers, despite retailer being one of the strongest performers on the high street Retailer is to axe hundreds of senior roles at its 28 department stores'Streamlining' management structures as more customers shop onlineFirm's Christmas online sales were up 44 per cent year on yearOverall sales rose by 15 per cent for the five weeks to December 29 By Rupert Steiner PUBLISHED: 01:56 GMT, 14 February 2013 | UPDATED: 01:57 GMT, 14 February 2013 It is seen as one of the safe havens of the high street. But John Lewis, held up as the face of ‘responsible capitalism’ by ministers, is axing hundreds of senior roles at its 28 department stores. The popular retailer yesterday announced plans to wipe out 325 departmental manager posts – paying salaries of 35,000 to 45,000 – despite being one of the high street’s strongest performers
Tesco to venture into giant Indian market after their government allows foreign superstoresOverturned ban means international companies can compete in IndiaLaw changed to help revive slowing economy Tesco already has a partnership with Indian supermarket Tata’s Star Bazaar | UPDATED: 17:43 GMT, 7 December 2012 Tesco is set for a big push into India as politicians in Delhi cleared the way for foreign firms to break into the retail market.
10,000 spent every second! Christmas bargain hunters are expected to splash out 465million today – biggest online shopping spree in history Shoppers could spend nearly half a billion pounds throughout the day78 transactions will be made every secondOnline shopping this month could top 5bn | UPDATED: 22:56 GMT, 2 December 2012 Christmas shoppers will spend an astonishing 10,000 a second online today. On the day dubbed ‘Mega Monday’, they will make 115million visits to web stores – up by more than a third on last year – and spend as much as 465million.
A bedroom fit for a Time Lord: Dr Who fan spends 980 building a TARDIS in his parents' garden | UPDATED: 13:08 GMT, 29 November 2012 A massive Doctor Who fan has turned his bedroom into a TARDIS.
Multi-buy deals on alcohol heading for the axe as Government announces minimum price plans Government wants to impose minimum price of 45p per unit to stamp out binge-drinking Plan would mean an extra 70p on some bottles of wine and extra 1.30 on two-litre bottle of ciderHome Secretary Theresa May to launch a ten-week public consultation todayWine and Spirits Trade Association said decision is ‘breathtaking’ | UPDATED: 11:41 GMT, 28 November 2012 Two-for-one deals on cheap booze in supermarkets and off-licences face the axe under plans to introduce a minimum price for alcohol announced today. The Government plans to impose a minimum price of 45p per unit, slapping an extra 70p on the price of some bottles of wine and an additional 1.30 on a two-litre bottle of cider, in a bid to stamp out binge-drinking. David Cameron wants to end loss-leader discounting, whereby supermarkets sell alcohol at a loss to entice shoppers into their stores