More on Me + Em – Page 2097
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NewsLiberty opens at Westfield Stratford City
Luxury department store Liberty today opened its first shop outside of its iconic store on Great Marlborough Street in central London with a shop in Westfield Stratford.
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NewsDigital music downloads overtake physical sales in the UK
Digital music revenue has overtaken sales of physical formats such as CDs for the first time in the UK.
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AnalysisHalfords: What the analysts say
Halfords is looking to “evolve” its strategy in the new financial year after posting group pre-tax profit down 26.6% to £92.2m for the year to March 30 amid concerns that the tough economic climate has impacted motorists and the weather has dampened cycle sales
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Analysis
Kingfisher: What the analysts say
The City met the news that B&Q owner Kingfisher UK & Ireland’s retail profit slumped 9.8% to £75m in the first quarter with little surprise after poor weather hit sales
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NewsHalfords upbeat despite 26.6% pretax profit plunge
Halfords is looking to “evolve” its strategy in the new financial year after posting group pre-tax profit down 26.6% to £92.2m for the year to March 30.
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NewsArcadia pays interns a year after placements
Arcadia has retrospectively paid dozens of interns who worked at its head office up to a year after their placements ended.
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NewsKingfisher first quarter profits slump as wet weather hits sales
B&Q owner Kingfisher UK & Ireland retail profit slumped 9.8% to £75m in the first quarter as wet weather hindered sales in the crucial Easter trading period.
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NewsClinton Cards deal to be struck within days
Clinton Cards looks likely to be bought out of administration by the end of next week if not earlier as would-be suitors jostle to take control.
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News
Co-operative Eroski reports net loss
Co-operative Eroski has reported a net loss of E36m (£28.8m), a 44% improvement on the loss of E64.6m (£51.6m) the previous year. The retailer has now made a loss for four consecutive years as it continues to be hit by high level of debt and a weak economic environment. It ...
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NewsCelebrity gardener wins gold for Homebase at Chelsea Flower Show
Celebrity garden designer Joe Swift was pleased with himself at last week’s Chelsea Flower Show.
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NewsLittlewoods to launch interactive Facebook TV show
Littlewoods, in what it claims is a retail first, is to broadcast a live interactive TV show on Facebook, hosted by brand ambassador Laurence Llewelyn-Bowen.
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NewsSuperdrug considers localised product offer
Superdrug is considering localising its product offer in stores to better meet local needs.
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NewsData: Forecast scaled back for Olympic growth
Retail sales growth during the Olympics is likely to be lower than originally expected but will exceed historical averages, the latest Opera Solutions Retail Predictor for Retail Week shows.
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AnalysisDiamond Jubilee: How retail has changed over 60 years
As the nation hangs out the bunting and prepares for street parties to celebrate the Queen’s Diamond Jubilee, Rebecca Thomson looks at the transformation of retail during her reign.
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OpinionDoes the weather really have an effect on retail?
“Make mine a double,” the Queen must have said. And so the final bank holiday weekend this side of the summer is extra-long and a valuable opportunity for many retailers to make up some of the sales lost over the past few difficult months.
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OpinionAsos: The online giant continues to reward investors
As the recriminations continue following Facebook’s botched IPO, there is one online business that carries on rewarding investors – Asos.
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NewsMonsoon to overhaul top team as senior bosses exit
Fashion retailer also reviews costs and store portfolio to adapt to difficult market.
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NewsPhase Eight pre-tax profit jumps 9%
Womenswear retailer Phase Eight delivered a 9.4% pre-tax profit increase to £17.8m for the year to January 28.
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News
Walmart plans small stores roll-out
Walmart plans a roll-out of its smallest format stores. US chief executive Bill Simon told an investor conference that its 12,000 to 15,000 sq ft Walmart Express stores, in locations including Chicago and North Carolina, are performing ahead of expectations. Walmart has 10 of the stores, which include grocery and ...
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NewsRetailers hope for Jubilee spending spree
Retailers hope the Queen’s Diamond Jubilee weekend will spark a rush of celebratory spending and lift consumer confidence after a wet spring dampened sales.