More on Me + Em – Page 10
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Opinion‘Why not make a third less profit, Tesco?’
A call for Tesco to make less money isn’t the answer to food price inflation but would mean less investment in Britain, a more insecure food system, and lower tax receipts, maintains Shore Capital’s Clive Black
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NewsModella Capital demands rent cuts from Claire’s landlords
Private equity firm Modella Capital has demanded rent holidays until after Christmas from the landlords of the stores it acquired as part of its £3.6m deal to save the struggling retailer, Retail Week understands.
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GalleryStore gallery: Finisterre pops up in Selfridges
Finisterre has launched a pop-up shop in Selfridges London for a limited time.
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Chart of the WeekChart: Reduce National Insurance and business rates – poll of economists
A new survey of economists and policy experts by the Centre for British Progress think tank suggests experts think NICs and business rates should not be used to raise additional revenue, but VAT should
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NewsMajestic Wine launches ‘biggest ever’ Christmas recruitment drive
The UK’s largest specialist wine retailer Majestic is kicking off the search for 150 new seasonal staff, as it ramps up plans for its “biggest-ever Christmas”.
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NewsB&M unveils turnaround plan after issuing profit warning
Value retailer B&M has launched a “decisive” turnaround plan, after issuing a profit warning for the first half.
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Retail VoiceFive consumer trends homeware retailers must consider
The homeware market is shifting. Not with the slow ebb of seasonal trends, but with a surge of lasting consumer behaviour changes, notes Kleen-Tex’s Nick Coward
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NewsVestiaire Collective promotes internally for new chief executive
French luxury resale platform Vestiaire Collective has promoted its chief financial officer to replace its outgoing chief executive, who is stepping down after leading the business for seven years.
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NewsAsda unveils fresh round of price cuts
Supermarket chain Asda has unveiled a fresh round of price cuts on over 900 “family favourite” products, ahead of a potential showdown at its annual supplier conference, which is taking place later today.
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NewsMatalan to overhaul loyalty scheme and refresh mobile app
Matalan is set to relaunch its loyalty scheme and refresh its mobile app in the new year, as part of its ongoing business transformation, Retail Week can reveal.
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NewsModella Capital weighs up bid for New Look
New Claire’s Accessories owner Modella Capital is understood to be considering a potential bid for womenswear brand New Look, Retail Week understands.
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InterviewFairfax and Favor CEO: Why British heritage and ‘rural Vogue’ are driving growth
As fast-growing “off the horse” fashion retailer Fairfax & Favor gallops across the pond, we spoke to chief executive Paul Spinks about its US expansion and why ‘accessible luxury’ is giving their brand the edge while other fashion segments struggle.
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AnalysisAI-powered shopping in the US forecast to increase by 520% this holiday season
New figures from Adobe suggest that AI traffic to retail sites will peak in the 10 days leading up to the Thanksgiving holiday.
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NewsWhite Stuff sales boosted by new store openings
White Stuff has delivered a 20% increase in full year sales, boosted by new store openings, customer acquisition and its ongoing brand transformation.
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NewsLidl investment in price tops £250m ahead of Christmas rush
Discount giant Lidl has today announced it has invested £250m in price this year, ahead of the all-important festive trading season.
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NewsSainsbury’s and Boots unveil festive recruitment targets
Retail giants Boots and Sainsbury’s have both unveiled their Christmas recruitment targets, as the sector braces for the busiest trading period of the year.
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NewsJohn Lewis appoints new director of merchandising
John Lewis has appointed Anna Milne as its new director of merchandising.
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NewsMorrisons introduces app to track store staff efficiency
Store staff at Morrisons are facing increased monitoring from management following the introduction of an app that records how long staff take to replenish stock.
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NewsHarrods allocates £60m for abuse victims as store records loss
Harrods has allocated more than £60m in compensation via a redress scheme for the alleged victims of historical abuse.