Morrisons-owned Kiddicare.com
has agreed to acquired 10 former Best Buy stores
from Carphone Warehouse. Kiddicare.com then plans to invest some
£15 million to convert the stores. The deal will extend
Kiddicare’s bricks-and-mortar reach beyond its current flagship
store in Peterborough and see around 700 new jobs created across
the UK. Kiddicare will choose the first location to open through
social-media interaction with customers.
Fashion retailer H&M says that despite sales
increasing 8 per cent in the year to 30th November 2011, net
profits fell 15 per cent, from 18.68 billion Swedish kronor to
15.82 billion kronor (£1.49 billion). Nevertheless, the
company remains upbeat about the months ahead and is planning
further expansion.
Fortnum & Mason has apologised for asking a
customer to send his credit card details via email. The Guardian has more on the story.
Van Meuwen, Thompson & Morgan
and Gardening Express are among the companies
mentioned in a Telegraph article on mail order
flowers.
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