More on Me + Em – Page 1901
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NewsIkea UK profits down as it invests to grow its market share
Ikea UK profits fell last year as the retailer invested in shopper experience to stay ahead in the tough big ticket market.
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AnalysisAurora Fashions restructure: What do retailers need to know?
As Aurora Fashions unveils a radical restructure, separating its Coast, Oasis and Warehouse brands, Retail Week looks at the what it means for the business.
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NewsFashion etailer Style Passport plunges into voluntary liquidation
Style Passport, the online fashion retailer set up by former Marie Claire fashion editor Sarah Walter, has been placed into voluntary liquidation.
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NewsDreams founder Mike Clare vows to launch new 200-store beds business
Dreams founder Mike Clare has vowed to start up his own beds retailer by the summer after failing to buy back the business last night
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NewsOxford Street redevelopment plans approved by Westminster Council
Plans to transform the eastern end of Oxford Street have been approved by Westminster Council, in the next phase of redevelopment.
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OpinionBlog: Clubcard TV is just the start of the journey
A couple of years ago if someone had told me I was going to be MD of Clubcard TV, it would probably have conjured up visions of a TV channel promoting Tesco products to Tesco customers.
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NewsIkea partners with Marriott to launch budget hotel venture
Swedish furniture giant Ikea is to open a string of budget hotels across western Europe and has teamed up with hotel giant Marriott International to support the venture.
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NewsFood price inflation reaches lowest point in five months
Food price inflation fell to a five-month low last month as upward pressure from rises in wheat and corn prices in previous months began to ease.
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NewsAurora Fashions to be broken up in radical restructure
Aurora Fashions, which owns brands Coast, Oasis and Warehouse, is to break up the business in a move which will see its top team including chairman Derek Lovelock and chief executive Mike Shearwood depart the business.
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NewsTesco’s Clubcard TV goes live today to 16 million card holders
Tesco’s Clubcard TV goes live today to its 16 million Clubcard holders.
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News
Printemps owner, Borletti Group enters talks with Qatari Holdings
The owner of the French department store group Printemps, Italy’s Borletti Group, has entered exclusive talks with Qatar’s sovereign wealth fund, Qatari Holdings (owner of Harrods in the UK) to discuss a takeover.However, last week the tussle for Printemps took a new turn. France’s largest department store group, Galeries Lafayette, ...
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News
Grocery retailer Ahold reports profit decrease
Grocery retailer Ahold’s 2012 profits were hit by increased pension costs and restructuring charges at its US operation.For the full year, net income fell 18.7% to E827m (£713.6m). Fourth-quarter operating income included pension costs of E88m (£75.9m) in the US and Europe, and E26m (£22.4m) of impairment costs primarily related ...
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News
Schwarz Group ramps up Spanish investment
Germany-based Schwarz Group is ramping up its operations in Spain and has earmarked a sum of E120m (£103.6m)for investments in its Spanish Lidl network this year.That is 20% more than last year, when the retailer opened 14 stores and remodelled another 65 in Spain.
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News
Carrefour's franchisee Label'Vie to invest in Morocco
French retailer Carrefour’s franchisee Label’Vie plans to invest MAD800m (£62.1m) in Morocco.The investment programme will focus predominantly on smaller cities. Two Carrefour hypermarkets are to open in Fez and Oujda, close to the border with Algeria.Following the rebranding of its cash and carry Carrefour Maxi banner to Atacadão, five new ...
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NewsRihanna collection for River Island launches today
Fashion retailer River Island today unleashed its much-anticipated collection designed by superstar musician Rihanna.
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NewsMonsoon Accessorize Ireland files notice to appoint examiner
Monsoon Accessorize Ireland has filed a notice to appoint an examiner today after the business revealed it has been making losses amid a difficult Irisheconomy.
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NewsDreams acquired by Sun European in £35m pre-pack administration deal
UPDATED: ScS-owner Sun European last night acquired beds giant Dreams in a pre-pack administration deal for £35m, Retail Week has learned.
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NewsVans and Evans Cycles sign up to Buchanan Street development
Vans and Evans Cycles are the two latest retailers to sign up to Scotland’s new Buchanan Street development in Glasgow city centre.
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NewsFrozen food retailers eye former Blockbuster stores
Frozen food retailers are vying to take on former Blockbuster stores as restructuring firm Gordon Brothers plots a 300-store rescue to keep the retailer on the high street.
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NewsAmazon hires former Asda director Rob McWilliam as finance boss
Amazon has hired former Asda director Rob McWilliam as its UK finance director as the etail giant’s balance sheet remains under the microscope.