More on Me + Em – Page 2046
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OpinionComment: With the Olympics over, what’s left for retailers?
Well that’s it then, today is the first post-Olympic day and already there will be people feeling the lack of screens featuring other people running, jumping or splashing.
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GalleryStore of the week: Shinsegae Uijeongbu, Seoul
With a ground floor measuring 150,000 sq ft and a further 10 floors above it, the new Shinsegae department store, in Seoul’s affluent Uijeongbu district, is massive by any standards.
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GalleryStore gallery: Clinton Cards back from the brink
Clinton Cards looked as if it was on the verge of joining retail’s brands of yesteryear, but its new-look store on London’s Cheapside may show the way forward.
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NewsTesco records improved performance in July
Tesco’s performance improve last month, registering the fastest growth of the big four grocers, according to Nielsen.
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NewsM&S creates giant union flag from recycled clothes
Marks & Spencer took advantage of the surge of national pride following Team GB’s many Olympics successes to promote its shwopping initiative encouraging consumers to recycle old clothes.
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OpinionComment: Moore to do for HMV chief
The claim by departing HMV chief executive Simon Fox that his legacy is the survival of the entertainment giant should be taken at face value.
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GalleryIn pictures: Ted Baker opens Fifth Avenue flagship store
Ted Baker opened the doors to its flagship Fifth Avenue store in New York on Thursday – its largest in the US.
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OpinionComment: Wilkinson gives value a run for its money
Shopping at value retailers actually terrifies me. The overstocked, overcrowded stores make the shopping trip a mission to get in and out of the shop as soon as is physically possible so I can breathe again.
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AnalysisCracking the US market: What fashion retailers need to know
River Island’s interest in the US market has put the spotlight once again on American expansion
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OpinionComment: Will click and collect save the high street?
Short-term benefits make click and collect an attractive investment for many retailers but, ultimately, it won’t patch up the problems on the high street.
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NewsMarks & Spencer to roll out contactless payment
Marks & Spencer is set to roll out contactless payment in store after a trial at railway station stores.
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NewsJohn Lewis sales rocket 22% as Olympic feel-good factor kicks in
John Lewis sales growth has rebounded as the Olympic feel-good factor, milder weather and new ranges boosted takings.
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NewsDixons increases its stake in Pixmania
Dixons has acquired a 22% stake in ecommerce business Pixmania, taking its share holding in the company to 99%.
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OpinionComment: Olympic Games legacy should extend to the high street
Ennis, Wiggins and Farah – just three of the names that will enter sporting folklore after the stunning success of Great Britain’s first home Olympics since 1948.
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News
Gap posts second-quarter revenue increase
Clothing retailer Gap has posted second-quarter results for the period ended July 28.Revenues increased by 6% to $3.58bn (£2.3bn) from $3.39bn (£2.18bn) in the same period in 2011. The retailer’s second-quarter comparable sales were up 4% compared with a 2% decrease in the second quarter last year.Chairman and chief executive ...
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News
Richard Schulze in bid to purchase Best Buy
Best Buy founder Richard Schulze is vying to buy the electronics giant in a $9bn (£5.8bn) deal.Schulze, who was ousted as chairman in June, already owns 20% of the retailer and is looking to team up with private equity firms to buy the remainder.Schulze’s financial adviser Credit Suisse said it ...
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News
Lowe’s aims to acquire Canadian competitor
Home improvement retailer Lowe’s aims to acquire Canadian competitor Rona for C$1.8bn (£1.15bn).Rona has already publicly rejected the offer stating that “it is not in the best interest of the company and its stakeholders” and that it would prefer to remain focused on executing its business plan.Rona is implementing its ...
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OpinionComment: Traditional channels are still alive
Digital is at the forefront of retailers’ minds, and rightly so. But opportunities are being missed where traditional customers are concerned.
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AnalysisAnalysis: How the B&Q youth board transformed the retailer's thinking
The B&Q youth board is challenging the DIY giant to think again.
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NewsAnalysis: Majestic Wine prospers in the economic downturn
The specialist wine retailer Majestic Wine is thriving despite the depressed economy.