More on Me + Em – Page 1993
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News
UK economy emerges from recession
The UK economy emerged from recession in the three months from July to September, giving retailers a glimpse of hope that consumer sentiment is climbing.
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AnalysisIan Cheshire: Lessons for the next generation of retail leaders
The next generation of global retail leaders met in London yesterday at the Retail Leadership Forum, hosted by OC&C Strategy Consultants, Korn/Ferry International and Goldman Sachs.
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NewsAsos profits soar as international sales surge
Pre-tax profits at Asos soared 42% to £13.2m in the five months to August 31.
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NewsAsda boss Andy Clarke calls for business rates freeze
Asda chief executive Andy Clarke has made a renewed call for business rates to be frozen as retailers face spiralling costs in 2013.
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NewsDebenhams ups online and international targets after profits rise
Debenhams has increased its expansion and online targets after it reported full-year profits rose both in the UK and overseas.
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NewsWalden unveils digital vision for Argos
Queues in Argos stores would become a thing of the past under the ambitious vision of new managing director John Walden as he reinvents the business as a “digital retail leader”.
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News
360buy has launches international website
Etailer 360buy has launched an international website aimed at foreign consumers.The English website on the en.360buy.com platform made its debut this month. The site will ship to 36 countries and offers almost 400,000 new products, many with free shipping.360buy chairman Liu Qiangdong said: “Anywhere in the world where DHL or ...
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News
Coles Group abandons My5 grocery discount
Coles Group has abandoned its My5 grocery discounts in order to target more offers to its customers.My5 was introduced in April as part of the relaunch of the FlyBuys loyalty scheme and offered daily discounts of 10% off five grocery items when shoppers spent more than Aus$50 (£32.21). Coles said ...
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NewsPhilip Clarke's radical plans for Tesco turn around
Tesco boss Philip Clarke gave an insight this week into how he hopes to turn around the struggling grocer with a spot of rocket fuel.
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NewsSainsbury's makes play for mobile market with new shop-in-shops
Sainsbury’s is to open mobile phone shops in its supermarkets as it makes a play for the lucrative market which, among the grocers, is dominated by archrival Tesco.
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NewsRetail employment rises at fastest rate in two years
Retail jobs grew at their fastest rate in two years over the third quarter, boosted by supermarkets employing more part-time workers.
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NewsCard Factory posts flat profit after absorbing VAT increase
Card Factory delivered flat pre-tax profit in the year to January 31 after absorbing the rise in VAT, following a 56% hike in profits the previous year.
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NewsData: Sales growth forecasts edge up
Retail sales growth expectations in the coming months have been edged up but are still expected to come in below historic averages.
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AnalysisAnalysis: How the weather is changing retail
Weather patterns are becoming less predictable and more extreme. For retailers, that can affect everything from seasonal buying to insurance.
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OpinionComment: Recession should drive overseas growth
From recession to secession is more than just a direct alphabetical sequence.
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AnalysisAnalysis: Catering for the family market
Catering for families in stores can increase consumer engagement and sales. But as the family unit changes, retailers need to be creative and considered.
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News
Walmart de México reports total revenue increase
Walmart de México has reported total revenues up 11.3% to pesos99.8bn (£4.49bn) in the third quarter. Net income increased 11.1% to pesos5.3bn (£237m) over the period. EBITDA rose 14.7% to pesos9.4bn (£420m).At present Walmart de México operates 2,868 outlets. There have been 151 store openings to date this year.
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NewsMorrisons lags rivals ahead of crunch Christmas
Morrisons has been outstripped by its rivals as competition remains intense among the grocers in the run up to Christmas.
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OpinionComment: Jettison Homebase to save the Argos ship
Anyone looking through Home Retail Group’s latest results could be forgiven for thinking that Argos is the only company that the group owns.
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NewsGo Outdoors makes a loss as it invests
Go Outdoors made a £2.6m loss despite a 25% sales surge for the year to January 29, 2012 as the retailer invested in its supply chain.
