Retail industry
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JC Penney shares tumble after company removes president Michael Francis
19 Jun 2012:Hand-picked by chief executive Ron Johnson to take the retailer more up-market, Francis instead oversaw a 20% drop in sales
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20 Jun 2012: Business department drops demand to ban five former bosses from being company directors for up to 15 years
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20 Jun 2012: Country's biggest gym chain saved after landlords approved a deal to reduce their rates by more than 70%
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19 Jun 2012:
Hand-picked by chief executive Ron Johnson to take the retailer more up-market, Francis instead oversaw a 20% drop in sales
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19 Jun 2012: Merger of largest chemist chains in the US and Europe creates a global health and beauty giant with more than 11,000 shops
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19 Jun 2012: Nils Pratley: The original buyout was highly leveraged but healthcare, it seems, really is the most recession-resistant part of the retailing economy
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19 Jun 2012: Sales up 11.3% on year ago, according to Kantar Worldpanel, with retailers hoping for similar boost from Olympics
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19 Jun 2012:
Demand for iPads and Kindles finally seems to have filtered through to Argos but it's too soon to celebrate: the chain is on course to record another fall in profits this year
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19 Jun 2012: Walgreens, America's largest chain of pharmacies, traces its roots back to 1901, when Charles R Walgreen set up in Chicago
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18 Jun 2012: Supermarket giant pays rival chain Aeon token sum to take ailing business off its hands
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18 Jun 2012: Terry Leahy: Public and private sector alike should question the point of their organisation and stick to their values – every little helps
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17 Jun 2012: Business agenda: a telecoms takeover, an airline storm brewing, and the new man at Dixons takes centre stage
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