More on Me + Em – Page 1927
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News
Carrefour's Greek franchisee to invest in Serbia
French retailer Carrefour’s Greek franchisee Marinopoulos is planning to invest in Serbia.The retailer will open a flagship store in a new shopping centre in Belgrade. The shop is scheduled to open in a year’s time.
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News
Ahold US division appoints executive vice-president of merchandising
Grocer Ahold’s US division has promoted Mark McGowan to executive vice-president of merchandising with immediate effect.McGowan was previously executive vice-president of supply chain.
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NewsHMV: Deadline today for expressions of interest as job cuts loom
HMV administrator Deloitte has set a deadline of today for confirmation of expressions of interest in the collapsed entertainment retailer but a round of job cuts is expected by the end of the week.
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News
Grocery retailer Metro to sell part stake in convenience store
Grocery retailer Metro plans to sell 48.2% of its stake in convenience store operator Couche-Tard to BMO Nesbitt Burns, National Bank Financial and TD Securities.Metro chief executive Eric La Flèche said the company made the decision “given the market value of our holdings in Couche-Tard relative to Metro’s total value”.Following ...
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NewsAmazon sales soar over Christmas as customers go digital
Digital books helped Amazon experience a bumper Christmas as global sales soared 22% to $21.27bn in its fourth quarter while physical book sales growth stalled.
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NewsTesco delists horse meat supplier as it invests in DNA testing
Tesco has delisted the supplier at the heart of the horsemeat controversy as it revealed that it will introduce DNA testing checks to “set a new standard”.
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NewsMothercare Australia placed into administration as trading deteriorates
Mothercare Australia has been placed into administration after trading conditions in the country deteriorated and talks to find a buyer for the business failed.
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NewsAsda’s controversial 'sexist' Christmas ad cleared by advertising watchdog
Asda’s Christmas advert has been cleared of allegations of sexism by the Advertising Standards Authority (ASA) after viewers complained it depicted outdated stereotypes of women.
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NewsThe Hut Group lines up deal to take over footwear etailer Cloggs
Online retailer The Hut Group is in “advanced talks” over acquiring branded footwear etailer Cloggs to boost its presence in the online footwear market, it is understood.
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News
Use pop-up shops to boost high streets, urges Local Government minister
Housing minister Mark Prisk today urged Town Teams to use pop-up shops to boost struggling high streets.
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GalleryIn pictures: Retail Trust London Ball 2013
The great and the good of the retail industry gathered at the Retail Trust London Ball last night which raised £1m for the charity.
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AnalysisAnalysis: What is The Hut Group's new acquisition Pro Bike Kit?
As The Hut Group acquires cycling specialist Pro Bike Kit from Encore Capital, Retail Week takes a look at the online retailer’s business.
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NewsPhase Eight poised to launch first stores in UAE
Phase Eight will open its first stores in the United Arab Emirates this month, as it focuses on overseas growth and ramps up its multichannel offer.
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NewsPoland confirmed as source of contamination in horse meat scandal
The Food Safety Authority of Ireland (FSAI) has confirmed that horse DNA found in beef burgers sold in UK supermarkets originated in Poland.
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NewsTesco fights back as sales growth outstrips rivals, Kantar reports
Tesco has matched the wider grocery market growth for the first time since June 2011 and has outmuscled archrival Sainsbury’s, according to Kantar Worldpanel data.
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NewsOcado sponsors Jamie Oliver’s new online food channel
Ocado has agreed a deal with former Sainsbury’s brand ambassador Jamie Oliver to sponsor the celebrity chef’s new online food programme.
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NewsPaphitis eyes stores from collapsed retailers HMV, Jessops and Blockbuster
Theo Paphitis, owner of Ryman Group and star of Dragons’ Den, is in the running to take on former HMV, Jessops and Blockbuster stores.
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NewsMajestic Wine poised to scrap TV ads after lacklustre campaigns
Majestic Wine is set to scrap TV advertising and plough investment into new store growth instead after lacklustre campaigns last year.
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NewsMarks & Spencer missing its Chinese sales targets by up to 30%
Under pressure retailer Marks & Spencer is missing its sales targets in China, which it has identified as a key market for international growth, by as much as 30%.
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NewsThe Hut Group buys cycling accessories etailer Probikekit.com
The Hut Group, which is set to launch an IPO this year, has snapped up online cycling accessories business Probikekit.com from private equity firm Encore Capital for an undisclosed sum.