More on Me + Em – Page 2053
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NewsRobert Dyas returns to sales growth
Homewares and hardware chain Robert Dyas, acquired by retail entrepreneur Theo Paphitis last month, has revealed a rise in sales but a fall in profits in its full year.
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NewsTopshop to step up global expansion with South Africa launch
Topshop is taking its next step towards global domination by launching in South Africa.
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OpinionComment: Should Next win gold for multichannel retailing?
Next deserves a gold medal for its remarkable achievement in topping expectations for today’s Q2 sales and edging up its full-year profits guidance.
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NewsBike specialist Hein Gericke crashes into administration
The British division of German motorbike specialist Hein Gericke has fallen into administration.
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NewsTesco outlook downgraded by ratings agency
Standard & Poor’s has downgraded Tesco’s outlook to negative as it warns that profits may continue to weaken.
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NewsHolland & Barrett chief urges supermarkets to ban plastic bags
Holland & Barrett’s boss has called on supermarkets to follow its lead and ban plastic bags following data showing grocers’ plastic bags usage was on the rise.
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AnalysisNext: What the analysts say
Retail Week rounds up how analysts have reacted to Next’s strong growth in the first half of the year, with the fashion retailer reporting total sales up 4.5% for the six months to July 28.
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NewsFlying Brands closes plant growing business as it "considers strategic options"
Flying Brands closed its growing and live despatch business yesterday following the sales of its Gardening Direct retail arm last month.
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NewsFood inflation hits two-year low in July
Food inflation hit a two-year low in July, dropping to 3.1% from 3.5% in June.
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NewsNext raises profit target after strong online growth
Next has raised its profits forecast for its second half after strong growth in its Directory business in the first half.
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NewsMaplin to offer free wi-fi in stores as multichannel review kicks off
Maplin has revealed it is to offer free wi-fi in store as the retailer reviews its multichannel business.
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News
Hudson’s Bay plans store closures for Zellers
Hudson’s Bay plans to close most of its 64 remaining Zellers stores, according to local press. They are locations that are not being converted to Target shops. The closures will be completed by March 2013.A spokeswoman said: “After a lengthy review and numerous discussions with various parties, it became apparent ...
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News
Fnac reports sales decrease
Fnac, PPR’s books, music and electronics business, reported sales were down 1.1% for the first six months of this year to E1.77bn (£1.38bn). Like-for-like sales fell 1% and the retailer recorded an operating loss of E7.5m (£5.8m) compared with an operating profit of E6.7m (£5.2m) for the same period last ...
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News
Drugstore group Schlecker begins clearance Sales
Insolvent drugstore group Schlecker has begun clearance Sales in the remaining 358 Schlecker XL and 367 Ihr Platz shops. Products have been discounted by between 30% and 50%, according to administrator Werner Schneider.The Schlecker XL shops will be closed in August. Schneider is still searching for buyers of the remaining ...
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News
Media-Saturn acquires electronics etailer 003.ru
Germany-based Media-Saturn, part of the Metro Group, has acquired Russian electronics etailer 003.ru from founder Vladislav Oulendeev, subject to approval by anti-trust authorities.Media-Saturn chief executive Horst Norberg said: “Our objective is to position our new subsidiary in Russia as an inexpensive online retailer, similar to Redcoon in Western Europe.”
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OpinionComment: Customer experience is key to improving conversion
While it is tempting to exploit technological tools to improve the aesthetics of digital platforms, many retailers still fall down on features required to deliver ease of use.
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NewsThe Co-op in 'good shape' for further acquisitions
The Co-operative Food could invest a chunk of finance into acquiring a smaller operator after its owners secured just under £1bn this week.
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NewsJohn Lewis director Andrea O'Donnell departs
John Lewis commercial director Andrea O’Donnell is to depart the retailer to join Hong Kong department store Lane Crawford.
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NewsVideo: Argos on the top Christmas toys for 2012
Argos has posted a video online about this year’s likely top Christmas toys.
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NewsAldi to recruit 3,000 new staff
Aldi is to create 3,000 new jobs in the UK in the next year as its expands its store portfolio.