Whitbread to axe 50 Cafe Rouge restaurants
31 Oct 2000
UK leisure and restaurant group Whitbread is closing 50 of its Cafe Rouge restaurants following poor performance in the past six months.
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BBC courts trouble as it looks to take ads online
31 Oct 2000 | by Claire Billings
The UK’s public service broadcaster, the BBC, is considering a controversial plan to take advertisements on its licence-fee funded website BBC Online.
Amazon shares suffer as cash flow questions raised
31 Oct 2000
Shares in Amazon.com have slipped after analysts questioned whether the company has as much cash as it reported in its latest quarterly earnings.
Letsbuyit.com looks for more cash
31 Oct 2000
Online cooperative-buying retailer Letsbuyit.com is looking to raise cash through a strategic partnership with a high-street retailer by the end of the year, according to reports.
Kingfisher considers splitting e-business in two
30 Oct 2000
UK retail group Kingfisher is considering splitting its e-commerce business when it demerges its DIY and electrical goods stores from the Woolworths and Superdrug chains.
Former Asda chief joins Dyson board
30 Oct 2000
Former Asda chief executive, Allan Leighton has joined the board of directors of British vacuum manufacturer Dyson as a non-executive.
The Queen buys into Poptones
30 Oct 2000
The Queen is believed to have bought a stake in the record label Poptones, owned by former Creation records boss and well known Labour supporter Alan McGee.
Amadeus pays $57m for Vacation.com
30 Oct 2000
Travel reservation firm Amadeus Global Travel has bought Vacation.com, a US online travel network for 57.3m in cash.
Boo.com with a new attitude and realistic ambitions
30 Oct 2000
Online retailer Fashionmall.com unveiled the new look Boo.com today, with a new attitude and more realistic ambitions.
REVIEW: Marketing and advertising news in the week's press
27 Oct 2000
Ikea is reviewing its dollars 35 million US advertising account out of Deutsch. The incumbent is not thought to be repitching. Adweek.
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