More on Me + Em – Page 2018
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NewsWalmart boss Cheeseright: 'Low price is our best loyalty scheme'
Asda’s everyday low prices stance means it does not need to launch a loyalty card, according to Walmart boss David Cheesewright.
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OpinionBlog: Turn your Facebook fans into brand ambassadors
This week Facebook held its first-ever retail summit, where speakers from the social network giant urged delegates to use the platform to convert fans into brand ambassadors.
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NewsSelfridges Manchester suffers £1m masked raid
Selfridges in Manchester has been raided by masked men who stole £1m of designer watches.
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NewsAsos boss Nick Robertson questions need for physical stores
Asos boss Nick Robertson has questioned what role the physical store will play for the next generation of shoppers.
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InterviewQ&A: Ocado chief executive Tim Steiner
Ocado reported a slowdown in sales growth in the third quarter today as the Diamond Jubilee and Olympics impacted sales. Chief executive Tim Steiner tells Retail Week how Ocado is tackling price perception issues and why Tesco boss Philip Clarke is playing into his hands.
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NewsOnline sales slump to five-year low in August
Internet retail sales slumped in August as the Olympics distracted Brits from online shopping, according to figures from the Office for National Statistics.
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NewsSainsbury's founds new joint venture with Nectar owners
Sainsbury’s has set up a new joint venture company, Insight 2 Communication (I2C), to allow suppliers to advertise across all of the retailer’s communication channels.
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NewsMoss Bros like-for-likes up 5.7% as profits stabilise
Like-for-like sales at Moss Bros rose 5.7% in the first half of the year while pre-tax profit remained stable.
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NewsOcado third-quarter sales up 10%
Sales at Ocado grew 9.9% year on year to £162.6m in the third quarter as the rate of sales growth slowed, as the online grocer battled the negative impact of the Olympics.
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AnalysisAnalysis: Lessons from the September reporting season
A raft of retailers ranging from John Lewis to Argos and spanning food to homewares updated last week. Retail Week examines the picture they paint of retail conditions.
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NewsRiver Island takes profit hit to keep prices sharp
River Island pre-tax profits tumbled 25% to £86.9m last year as the fashion retailer absorbed higher costs, rather than pass them on to consumers, and invested in the business.
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News
Home Depot to close remaining big-box stores in China
US-based home improvement retailer Home Depot is to close its remaining seven big-box stores in China. However, it will keep a new formats team in the country to continue research and development. In addition, the retailer is retaining two recently opened specialist stores in Tianjin – a paint and flooring ...
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News
Redcoon considers first bricks-and-mortar store
Online electronics retailer Redcoon, owned by Metro controlled Media-Saturn, is considering opening its first bricks-and-mortar store early next year, according to founder Reiner Heckel.Heckel said that consumer electronics and white goods suppliers treat physical store operators as preferred customers when selling products, including newly launched lines, at the expense of ...
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News
Bookseller Weltbild introduces new ereader
Bookseller Weltbild has introduced a new ereader to its Weltbild and Hugendubel bookstores and ecommerce sites.The ebook Reader 4 Digital Ink is manufactured by TrekStor and supports ebooks in multiple formats.Weltbild is offering 280,000 downloadable ebooks on its site in support of the new device.
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NewsEBay ties up with Nectar to offer customer loyalty programme
EBay has partnered with loyalty programme Nectar so its card holders can automatically collect point while shopping on the marketplace.
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OpinionComment: Uphill slog to get Blacks in shape
The 80% plunge in first-half profits at JD Sports, mainly attributable to recently acquired outdoor specialist Blacks, looks pretty awful at face value.
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Opinion
Blog: Rise of the machines
A virtual fitting room brings the benefits of the physical fitting room to the online store, boosting profitability by improving conversion rates and reducing garment returns.
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OpinionComment: John Lewis creates instore magic
At the age of five I knew I loved retail. I was standing with my parents in the middle of Norwich’s branch of John Lewis – then known as Bonds.
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NewsAmazon takes on Apple with music storage service
Amazon is to take on Apple’s iTunes with the launch of a service which enables consumers to save all their music in a Cloud-based system.
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OpinionBlog: Luxury experiences can be delivered online
Versace has become the latest luxury player to dive into online selling, launching a UK site which it hopes will make online shopping sexy.