More on Me + Em – Page 1840
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NewsIkea founder and chair Ingvar Kamprad steps down
Ikea’s founder and highly influential chairman Ingvar Kamprad is stepping down from the board, as the control of the company shifts to his sons.
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NewsTesco to scale back on DIY, toys and electricals in-store
Tesco is to scale back DIY products, car accessories, small home appliances, and toys in store as the grocer’s non-food categories pulled down performance in its first quarter.
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NewsBooths hires former Best Buy exec as retail director
Booths has appointed the former retail director of the failed UK arm of electricals giant Best Buy to the same role at the upmarket northern grocer.
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NewsRiver Island prepares to open stores in Australia after dedicated website launch
River Island is scouring Australia for stores and has launched a dedicated website in the country today.
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NewsFortnum & Mason to open first new UK standalone store in 306 years
Fortnum & Mason has revealed plans to open a 2,000 sq ft store at London’s King’s Cross St Pancras station.
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NewsRepublic future in jeopardy as landlords shun Mike Ashley's rent demands
The future of Republic is in jeopardy after owner Mike Ashley failed to secure enough support from landlords for his new rent proposals, Retail Week has learned.
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OpinionComment: Primark turns to clicks but won’t abandon bricks
Value fashion giant Primark’s decision to experiment with etail on Asos’ website justifiably prompted much interest.
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NewsDreams chief executive Nick Worthington to step down
Dreams chief executive Nick Worthington is to stand down from the beds retailer after five years at the helm.
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NewsShop prices deflate for the first time in more than three years in May
Annual shop price inflation in May slipped 0.1% from a 0.4% increase in April, the first time it has deflated for more than three and a half years.
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NewsTesco first quarter results: What the analysts say
Tesco UK like-for-likes dropped 1% in its first quarter, as its general merchandise division had “held back sales in the UK”. Retail Week summarises the City’s reaction.
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NewsMoss Bros posts flat like-for-likes after "difficult" start to the year
Menswear retailer Moss Bros like-for-like sales were flat for the 18 weeks to June 1, as it experienced a “difficult” start to the year.
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NewsEvans Cycles launches Sir Chris Hoy bike range
Evans Cycles has unveiled its range of bikes designed by Olympic cycling champion Sir Chris Hoy, which it is confident will bolster the growing retailer’s proposition in the challenging economy.
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NewsFindel pre-tax profit surges 45% as it drives through its turnaround strategy
Pre-tax profit at Findel jumped 44.9% to £15.5m as the home shopping group’s turnaround progresses.
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NewsMorrisons' Richard Pennycook appointed group finance director at The Co-op
Richard Pennycook, former Morrisons finance boss, has been appointed group finance director at The Co-operative Group.
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NewsTesco UK like-for-likes fall as general merchandise hinders performance
Tesco UK like-for-likes excluding VAT and petrol fell 1% in its first quarter as its general merchandise arm pulled down performance.
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NewsHome Retail boss Terry Duddy's reward package rises
Home Retail Group, owner of Argos and Homebase, has disclosed a 40% increase in chief executive Terry Duddy’s rewards package last year.
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News
The Entertainer full year profits soar as it eyes ELC share
The Entertainer revealed a jump in pre-tax profits to £5.5m from £1.3m the previous year as it looks to fill the gap created by the closure of Early Learning Centre stores.
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OpinionComment: Primark partnership is a winner for Asos
Primark’s decision to start selling online through Asos is yet another indication that chances of retail success are improved by having a good multichannel strategy.
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NewsCard Factory plots 1,200 stores as it eyes float, sale or refinancing
Card Factory is aiming to nearly double its stores count as its owner eyes a potential float, sale or refinancing of the budget greetings card retailer.
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NewsAnalysis: How Alistair McGeorge revived New Look's fortunes
Just over two years ago Alistair McGeorge took charge of a battered and bruised New Look.

















