More on Me + Em – Page 1896
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AnalysisVideo: Asda chief Andy Clarke takes "belt and braces" approach to supply chain
Asda chief executive Andy Clarke has pledged to take a “belt and braces” approach to reacting to the horse meat scandal but will not take a “knee jerk approach”.
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NewsVideo: Vince Cable opens door for business rates reform
Business secretary Vince Cable believes the business rates system needs restructuring but has ruled out any changes being announced as part of next week’s Budget.
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AnalysisVideo: Retail needs to think international, says Vince Cable
The UK retail industry needs to think of itself as an international export industry to ensure future growth, business secretary Vince Cable said at Retail Week Live today.
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AnalysisVideo: Retail Week Live- Opening speech by editor in chief
Retail Week editor in chief Chris Brook-Carter opened Retail Week Live this morning.
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NewsFrench Connection plunges into the red with £7.2m full-year loss
Fashion retailer French Connection fell to a pre-tax loss of £7.2m in the year to January 31, 2013, from a £4.6m profit the previous year.
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NewsZara owner Inditex profits soar 22% in 2012
Zara owner Inditex’s net profits soared 22% to €2.3bn in 2012 as sales jumped 16% to €15.9bn.
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NewsTesco acquires restaurant chain Giraffe for £48.6m
Tesco has bought Giraffe for £48.6m and plans to launch the family friendly restaurant in some of its larger stores.
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News
Migros Basel shelves expansion plans
Migros Basel, a co-operative of Swiss grocer Migros, has shelved expansion plans for Germany for the indefinite future.In an interview with Bilanz magazine, Migros chief executive Herbert Bolliger said Migros Basel’s expansion strategy had not worked.Migros entered the German market in 1995, but operates only four Migros stores in the ...
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News
Otto Group records rise in revenue
Online and mail order specialist Otto Group recorded a 2% rise in revenue to E2.1bn (£1.83bn) for the year to February 28, 2013.While not disclosing figures, the company said that it achieved its highest profit in a decade and that 80% of sales now come from ecommerce.Otto is restructuring its ...
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News
Grocer Coop plans to convert to Rewe banner
Grocer Coop is planning to convert its outlets to Rewe Group’s Rewe banner, Lebensmittel Zeitung reported.Rewe Group and Coop have been buying partners for several years. Additionally, Rewe Group has a silent partnership in the retailer, which is located in northern Germany. Rewe Group will make the most of the ...
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NewsVince Cable to unveil Government's multichannel growth plan for UK retail
Business secretary Vince Cable will today unveil the Government’s growth plan for UK retail, including a focus on boosting omnichannel retailers and overseas growth for luxury brands.
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News
Walmart launches online product range
Walmart has launched an online range of products from small and medium-sized enterprises owned by women on its website, to support economic empowerment.More than 200 items, from jewellery and iPad cases to coffee beans and clothing, will be sold on the Empowering Women Together section of Walmart.com.The range comes from ...
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NewsTesco 'sorry' after further horse meat found in meatloaf
Tesco has apologised to shoppers after it discovered horse meat in a beef meatloaf manufactured in Northern Ireland.
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Opinion
Blog: Retailtopia - mapping out a proper returns journey
BT is today launching the findings of Retailtopia, a year-long investigation into the challenges facing the retail supply chain. I was lucky enough to be involved in a panel discussion to review the findings of the research and two words dominated the event: transformation and urgency.
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AnalysisAsda and HMV: The pros and cons of a potential acquisition
The world of retail was surprised today by the news Asda is understood to have expressed an interest in collapsed entertainment retailer HMV.
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NewsEbooks added to inflation 'shopping basket' for first time
Ebooks, blueberries and continental deli meat have been added to the Office for National Statistics’ inflation ‘shopping basket’ for 2013, reflecting the change in shopping trends.
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NewsKingfisher names Andrew Livingston as new Screwfix boss
B&Q owner Kingfisher has named Andrew Livingston as the chief executive of its Screwfix trade business.
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OpinionComment: In defence of private equity
Despite the spate of negative comments about private equity and retail recently, it is worth remembering a few points in private equity’s defence.
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OpinionBlog: The Budget needs to fill in gaps on the high street
There is a week to go until the Chancellor reveals the Budget on March 20 and time is running out for retailers lobbying Government to freeze business rates in April.
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NewsHalfords appoints Pets at Home's Rob Swyer as its retail director
Halfords has poached Pets at Home business development director Rob Swyer, who follows his former boss Matt Davies to the car parts and bikes retailer.