More on Me + Em – Page 2052
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AnalysisHMV timeline: Simon Fox's highs and lows at the retailer
Simon Fox leaves HMV next month after six years as chief executive of the entertainment retailer to be replaced by former Jessops boss Trevor Moore. Retail Week looks at Fox’s time at the top of HMV.
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NewsWestfield Stratford to close to non-Olympic attendees
Retailers have vented their frustration at LOCOG’s decision to close Westfield Stratford City to members of the public without a ticket for the Olympic Games on Friday and Saturday between 10.30am to 5pm.
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NewsShop vacancy rates return to record high
Shop vacancy rates increased to their highest recorded level in June.
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NewsHMV boss Simon Fox exits as Jessops' Trevor Moore takes the post
HMV chief executive Simon Fox has stood down from the retailer and will be replaced by former Jessops boss Trevor Moore.
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NewsNext powers ahead in online fulfilment war
Next’s compelling delivery options powered growth at its Directory arm in the first half, as fulfilment increasingly becomes a critical battleground in the fight for online spend.
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AnalysisRetail Week on the Road: Northwest
We visit Stockport, Northwich, Manchester and Liverpool.
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News
Coles releases full-year results
Coles released its full-year results for the 12 months ended June 30. Headline food and liquor sales of Aus$26.2bn (£17.51bn) were 4.6% above 2011, while like-for-like sales increased 3.7%.That was a better performance than rival Woolworths, which posted a full-year Australian food and liquor sales increase of 3.8%.
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News
H&M to close flagship Hong Kong store
Swedish fashion retailer H&M plans to close its flagship store in Hong Kong, according to the The Wall Street Journal.The 30,000 sq ft shop will shut in autumn 2013 and be replaced by one operated by rival clothing retailer Zara.H&M spokeswoman Cher Chui said the retailer had been unable to ...
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News
LVMH’s Selective Retailing division reports organic sales growth
Luxury group LVMH’s Selective Retailing division reported organic sales growth over the first half-year of 16% to E3.6bn (£2.81bn), while profit soared by 30% to E373m (£191.1m). The retailer said it benefited from sustained growth in Asia and North America.The group will open three concessions at Hong Kong airport by ...
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NewsNo Olympics boost for Primark
Most retailers are hoping that the Olympics will give them a healthy sales boost, but it doesn’t appear to be the case for value fashion retailer Primark.
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NewsJulian Graves begins round of store closures
The administration of dried fruit and nuts specialist Julian Graves has begun closing stores but is still seeking a buyer for the retailer, which hit the buffers last month.
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OpinionComment: Reducing store portfolio may challenge retailers
Many retailers have recognised the power of ecommerce to drive sales and offer a compelling and convenient way for their customers to shop.
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OpinionComment: Problems derived from derivatives
It is alleged that banks have sold complex derivatives that were inappropriate and poorly understood by the customer.
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NewsWest End retailers suffer as Olympics puts off shoppers
London’s West End retailers’ dreams of capitalising on tourist spend during the Olympics were in doubt this week as shoppers steered clear of the area.
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NewsGrocers accept 'ugly' fruit and veg as British growers struggle
Grocers including Waitrose and Morrisons are to sell “ugly” fruit and vegetables in store as British growers suffer a torrid summer.
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NewsEtailers experience sales surge as shoppers avoid London's high streets
Online retailers have reported a surge in sales as consumers avoid trekking to London’s West End during the Olympics.
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News
Nisa report record sales as profits rise
Symbol group Nisa has reported a 4.2% rise in sales in the last year as the convenience market continues to boom.
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NewsTesco superstores boss Hoggett to head Extra division
The managing director of Tesco’s superstores Tony Hoggett is to move to head Tesco Extra.
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NewsWest End shoppers tempted back to 'ghost town' via social media
The New West End Company, Transport for London and London & Partners are set to turn to social media to lure visitors to the West End after retailers reported low footfall due to the Olympics.
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AnalysisAnalysis: How attractive is the South African market?
Sir Philip Green’s latest venture will take the fashion tycoon to South Africa, as Arcadia announced plans to open Topshop and Topman stores in the country.