More on Me + Em – Page 1939
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NewsNRF: Amazon's success down to luck and timing, says founder Jeff Bezos
Amazon founder Jeff Bezos has said the company’s phenomenal success over the past two decades is partly down to “a tremendous amount of luck and a lot of great timing”.
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NewsBurberry like-for-likes up 6% in third quarter driven by outerwear
Luxury fashion brand Burberry generated a 6% jump in like-for-likes for its third quarter to December 31, helped by a “strong” performance in the run-up to Christmas.
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NewsNRF: Retail in midst of 'seismic change', says Starbucks chief
Retail is in the midst of a “seismic change” caused by technology that is making mobile “mission critical”, Starbucks chief executive Howard Schultz said at the NRF conference on Monday.
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NewsNRF: Macys.com plans Amazon-style internal data-driven testing
US department store chain Macy’s is planning to develop an internal testing capability that will enable it to use data analytics in a similar way to online giant Amazon.
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AnalysisHMV administration: What the analysts say
HMV is poised to appoint administrator Deloitte after the struggling entertainment retailer suspended shares last night. Retail Week takes a look at what the retail market thinks.
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NewsThe Co-operative Food like-for-likes edge up 2.2% over Christmas
The Co-operative Food like-for-likes edge up 2.2% over Christmas, which were driven by its convenience stores, as sales growth continued through the second half of 2012.
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NewsOcado sales surge over Christmas period and fourth quarter
Online grocer Ocado experienced a sales surge of 14.2% to £91.6m in the six weeks to January 6 on the back of soaring fourth quarter revenue, which jumped 12.4%.
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NewsHalfords like-for-likes flat over Christmas as it ups profit forecast
Halfords retail like-for-likes remained flat in the 15 weeks to January 11 as the cycle and car parts specialist upgraded its profit forecast for the year.
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OpinionComment: Morrisons puts focus on quality and service
Morrisons’ festive trading figures were a bit gloomy. The grocer suffered a limp end to 2012 amid heightened competition from all flanks.
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NewsUPDATED: HMV suspends shares and confirms administration beckons
Entertainment retailer HMV has suspended its shares and revealed it is set to call in Deloitte, as it filed a notice of intent to appoint an administrator.
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NewsRiver Island owners take stake in The Hut Group ahead of IPO
The family behind fashion retailer River Island has invested in The Hut Group. The investment is set to fund further acquisitions for the online retail group.
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NewsNRF: Uggs-owner Deckers Outdoor invests in technology before expansion
Deckers Outdoor, the parent of footwear retailers including Ugg, has invested in technology to enable it to glean real-time insight into item and store sales as it ramps up global expansion.
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AnalysisAnalysis: How Spanish retailer Mango expanded internationally
Spanish fashion retailer Mango has more than 2,500 stores in 110 countries, and has been expanding across the world since 1992. Rebecca Thomson hears about its growth strategy.
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NewsNRF: Kofi Annan calls for retailers to engage small scale farmers
Retailers need to incorporate more small scale farmers into their supply chains, former UN secretary general Kofi Annan said at the NRF conference in New York today.
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NewsNRF: US retailers urged to challenge industry perceptions
Retailers need to challenge the US government’s perspective of the industry, the president of the National Retail Federation Matthew Shay said today.
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OpinionComment: Are iPads the future of store design?
Remember the time when retailers seemed to think that if it moved then an iPad should be attached to it? It wasn’t actually that long ago.
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AnalysisAnalysis: What can the City expect from the updates this week?
After the numerous, and sometimes headline-grabbing Christmas updates last week, this week looks set to be just as busy, with retailers including Argos, Dixons and Primark revealing their performances over the golden quarter.
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AnalysisAnalysis: What does Judith McKenna’s departure mean for Asda?
The promotion of Asda’s chief operating officer Judith McKenna to join parent company Walmart last week was met with dismay by analysts. Retail Week takes a look at the implications of the move.
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NewsFormer retail analyst launches True Capital with £100m investment fund
Former retail analyst Matt Truman has launched a new investment fund set to plough £100m into retail and consumer businesses.
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OpinionComment: from Andy Street to Jim McCarthy – my 2012 retail honours list
In a volatile economic climate it’s more difficult for retailers to shine. Following Jessops’ collapse, I wanted to hail successful organisations and the individuals who lead them.