More on Me + Em – Page 1922
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OpinionComment: Reinvent your high street to avoid its demise
Last year, I highlighted the uneven playing field for store-based retail in relation to pure play, which does not face onerous rent and rates bills and is not even expected to make a profit.
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Opinion
Farewell to Neville-Rolfe
This week Tesco marked the retirement of Dame Lucy Neville-Rolfe from its ranks in a fittingly glamorous evening at the V&A Museum.
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AnalysisThe Irish retail market: What retailers need to know
Problems at the Irish arm of B&Q highlight the fragile state of the market. Retail Week examines how retailers in Ireland are faring.
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OpinionBlog: Where next after Harris + Hoole
Much has been made of Tesco’s investment in artisan coffee shop Harris + Hoole, so much so that chief executive Philip Clarke wrote a blog a couple of weeks ago defending the grocer’s position.
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NewsAll Saints suffers departure of four top team members
Four top members of All Saints managing team have left just months after new chief executive William Kim joined the fashion retailer.
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NewsTesco to open first in-store Harris + Hoole in London Bridge
Tesco is to open its first Harris + Hoole coffee shop in one of its stores after securing planning permission at its Tooley Street store in London Bridge.
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NewsWaterstones boss says bookseller 'will not chase share' as losses widen
Waterstones’ boss has insisted the bookseller will not “chase share” at the expense of margins as it reported widening losses at the business in the year to April 28, 2012.
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NewsShop price inflation drops to lowest level in over three years
Shop price inflation reached its lowest level last month since November 2009, as it fell to 0.6% from 1.5% in December, according to the BRC-Nielsen Shop Price Index.
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NewsMarks & Spencer eyes European expansion for Simply Food format
Marks & Spencer is to launch its Simply Food concept into other Western European countries after it enjoyed strong food sales in its Paris flagship store.
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News
H&M reports sales increase
H&M’s sales including VAT for the full year 2012 rose 11% in local currencies.Net profit for the full year was up 7% to SEK16.87bn (£1.7bn) compared with SEK15.82bn (£1.59bn) in 2011.H&M opened 304 new stores worldwide in 2012 and will add 325 more this year, with the fastest rate of ...
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News
General merchandise retailer SOK reports net sales increase
General merchandise retailer SOK has reported net sales of e12bn (£10.34bn) for the 2012 financial year, up 5% compared with 2011. Supermarket sales rose 7.3% year on year, but sales in department stores and the automotive trade fell 3.3% and 8% respectively.Retail sales in Finland’s neighbouring countries totalled e466.3m (£401.8m), ...
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News
Supermarket chain Mega Image opens new-model store
Delhaize Group’s Romanian supermarket chain Mega Image has opened a new-model store in Bucharest. The store is twice as large as an average Mega Image shop with 17,200 sq ft of sales space and differs in its broad assortment, modern layout and signage.The store focuses mainly on fresh food, particularly ...
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News
Best Buy to close 15 big-box Canadian stores
US-based electronics specialist Best Buy has revealed it will close 15 of its big-box stores in Canada.The initiative is the first step in a three-year strategy to optimise Best Buy’s retail footprint across its markets, according to the company.The retailer plans to open Future Shop small stores, ecommerce banners and ...
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News'Midsummer murder' for retailers if Government pushes back rates revaluation
Retailers face a “midsummer murder” if the Government presses ahead with a postponement to business rates revaluation by two years.
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NewsBeales falls into the red as it refinances with asset-based deal
Beales has secured an asset-based refinancing with Burdale after it fell into the red as like-for-likes dropped 5.6% last year.
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NewsConran Shop enjoys strong Christmas as it rolls out new store design
Upmarket furniture retailer Conran Shop is poised to roll out its new store design across the business after reporting a strong Christmas.
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NewsVideo: The Co-operative supports gay marriage
The Co-operative has created a video expressing support for gay marriage ahead of a vote in parliament tonight.
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NewsWaterstones restructures as it creates new retail director role
Books retailer Waterstones has restructured as it head of books Rik McShane is promoted to the newly created role of retail director.
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OpinionComment: Government 's business rates appeals backlog must be tackled
It is clear that the retail sector is under pressure, whether it’s because another retailer is heading into administration or the impact of the rapid rise of etail on high streets.
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NewsNew Superdrug TV advert to focus on customer service
Superdrug will launch a new TV advert on Thursday starring its own store staff as it promotes its customer service in a move away from its previous celebrity-led campaigns.