More on Me + Em – Page 1932
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NewsHMV receives 'substantial' interest from retailers for store estate
HMV’s store portfolio has received “substantial” interest from a range of retailers as the deadline for first round bids next week nears.
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NewsTrinity Leeds reaches 90% capacity with new retail signings
Yet-to-launch shopping centre Trinity Leeds has almost reached capacity after pre-letting 90% of its space, following new retailer signings to the one million sq ft scheme.
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News
Rakuten's Canadian Kobo ereader subsidiary exceeds market forecasts
Rakuten’s Canadian Kobo ereader subsidiary said it exceeded market forecasts during the second half of 2012.It sold more than 4 million devices during the six-month period, bringing its total number of registered users to 12 million.The company said ereader sales jumped by almost 150% in December, driven by market entries ...
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Casino reports sales growth
Casino has reported sales growth of 22.1% to e41.97bn (£35.25bn) in 2012, corresponding to a 4% organic rise (at constant consolidation and exchange rates).Fourth-quarter sales rose 3.2% to e12.9bn (£10.83bn). There was with an 8.5% rise for Casino’s international operations in Brazil, South America and Asia, compensating for a 2.2% ...
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Ahold records net sales increase
Ahold recorded an 8.5% increase in net sales to E32.8bn (£27.51bn) for its full year 2012. At constant exchange rates, sales were up 3.5%.In the fourth quarter, net sales rose 7.5% to E7.8bn (£6.54bn), and US sales advanced 4.3% to $6.1bn (£3.84bn). Sales in the company’s domestic market climbed 7.7% ...
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News
Leroy Merlin DIY group to invest in new stores
Adeo’s Leroy Merlin DIY group is to invest RUB15bn (£312.2m) to open 15 stores in the central regions of Russia.A pilot store will open in Tver by the end of January. The retailer will then plan the pace of openings in other cities.General manager Vincent Gentil told Russian newspaper Izvestia: ...
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NewsVince Cable rejects calls for Government to support retail
Business secretary Vince Cable has dismissed criticism levelled at the Government in the past week that more needs to be done to help support the retail sector following a series of collapses.
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OpinionBlog: Currys is making the most of Pinterest
Last year there was a huge buzz about Pinterest, hailed as the next big thing in social media.
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NewsLinks of London owner Folli Follie Group appoints new managing director
Links of London owner Folli Follie Group UK has appointed its chief financial officer Declan Delanty as managing director, replacing chief executive David Riddiford who has left the company.
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News
Whole Foods Market chief executive John Mackey faces backlash from customers
Whole Foods Market chief executive John Mackey faced a backlash from customers after he likened President Obama’s health care reforms to fascism.The comment was made during an interview to promote his new book when Mackey was asked about a 2009 article in the Wall Street Journal in which he had ...
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NewsThe Hut Group holds talks with Hearst Magazines to launch retail sites
The Hut Group is in talks with the publisher behind magazines Cosmopolitan, Elle and Esquire to create retail websites for its portfolio of brands.
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OpinionComment: Who and what is the nemesis of Amazon?
For the past few years I have been in equal measures alarmed and fascinated by the phenomenon we have been witnessing in the world of retail.
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OpinionBlog: Sir Stuart will relish the Ocado challenge
Sir Stuart Rose is making a welcome return to major retail in March, and he possibly couldn’t have chosen a more controversial retailer to do it with than Ocado.
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NewsThe Perfume Shop appoints new brand and marketing boss
The Perfume Shop has promoted Michelle D’vaz to the position of brand and marketing manager to lead its advertising strategy.
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NewsRestructuring specialist GA Europe eyes Blockbuster UK
Collapsed DVD rental chain Blockbuster UK is being eyed by restructuring firm GA Europe as administrators Deloitte prepare to close the first tranche of stores.
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AnalysisAnalysis: Sir Stuart Rose's appointment is a coup for Ocado, but what does it mean?
Ocado today surprised the City with the appointment of former Marks & Spencer boss Sir Stuart Rose as chairman. Retail Week takes a look at what Rose will add to the etail grocer.
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NewsHilco UK acquires HMV debt from Lloyds and RBS
Turnaround specialist Hilco UK has acquired HMV’s debt for £40m, effectively handing control of the collapsed entertainment specialist to the restructuring firm.
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OpinionComment: Will 2013 be the year contactless payments take off?
When was the last time you made a chip and pin payment? For many the answer will be today. The response to the same question about contactless payments, however, is likely to be never.
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NewsBeales chief executive Tony Brown to become Peacocks managing director
Beales chief executive Tony Brown is to leave the department store group and is understood to be joining Peacocks as managing director next month.
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OpinionBlog: Bricks and mortar retailers must learn from HMV and Jessops' mistakes
In this increasingly digital world, bricks and mortar retailers are being forced to revaluate store estates to find the right balance between online and physical stores.