More on Me + Em – Page 2102
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OpinionM&S is keeping pace, but it’s time to start setting it
There was a workmanlike feel to Marks & Spencer’s results this week.
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GalleryStore of the week: Lindex, Oslo
For those who don’t know it, Lindex is a young fashion brand with stores in Scandinavia, the Baltic States, Central Europe and Russia and, most recently, the Middle East, where it started a franchise operation in 2011.
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AnalysisJJB Sports: Back in the game and hungry to win
With a new store format and fresh vigour, JJB Sports could potentially perform a remarkable turnaround.
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NewsIrisa staff in consultation after Jacques Vert rebrand
Womenswear group Irisa has been rebranded as Jacques Vert, ahead of a potential relocation of its Luton office that has resulted in 200 staff being put into consultation.
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AnalysisWalmart prospers in US but stuggles with digital
Recording its third consecutive quarter of positive comps growth, it appears Walmart has finally found momentum in the US by going back to basics Walmart US reported a 2.6% rise in first-quarter like-for-like sales, excluding fuel, last week.
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NewsSignet UK sales nudge up
Signet’s UK like-for-like sales edged up for the first quarter of 2012.
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NewsHilco hired to shut Birthdays and Clintons stores
Restructuring specialist Hilco has been drafted in to close Birthdays and Clintons stores
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OpinionNick Bubb's verdict: Mothercare - can a new broom sweep clean?
New chief executives of troubled companies always enjoy a brief honeymoon period, when they can enthusiastically set out their “three year turnaround plan” and implicitly rubbish everything their predecessors have done.
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NewsLloydspharmacy loses two more chiefs
Chief commercial officer Steve Gray and supply chain and business efficiency director Philip Streatfield have left Lloydspharmacy, just months after its managing director quit the business after less than a year in the role.
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NewsMastercard loses appeal against card transaction charges
Mastercard has lost its appeal against a European Commission ruling which declared charges imposed on UK retailers for processing credit and debit card payments from other EU countries were anti-competitive and unlawful.The European Union General Court today upheld the European Commission’s 2007 ruling.The cross-border fees, known as interchange rates, mean ...
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NewsTesco revamps ready meal range
Tesco has unveiled a multi-million pound revamp of ready meals across all its ranges.
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NewsMoss Bros store refits boost like-for-likes
Sales at menswear group Moss Bros increased 8.8% on a like-for-like basis as it benefited from an enhanced product offer and revamped stores.
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AnalysisMothercare: What the analysts say
Mothercare posted a full-year group loss before tax and after exceptional and other items of £102.9m today while new chief executive Simon Calver outlined a three year turnaround and growth plan. The City reacted to the news
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NewsAsos posts "strong" performance
Asos has delivered “ another strong” performance for the year ending March 31 as profit before tax including exceptionals rocketed 93% to £30m, as it reveals chairman Lord Waheed Alli prepares to step down from the business.
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NewsCalver: ''Give me three years to turn around Mothercare"
New Mothercare boss Simon Calver said it will take three years to turn around the troubled maternity specialist’s core UK business, which plunged into the red last year.
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NewsEtailers race to react to new EU cookies law
From Saturday May 26th, online retailers must obtain express consent from customers to set cookies – which harvest visitor data on websites – following a bureaucratic change branded a “waste of time” by ecommerce experts.
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AnalysisRetail theft: Who is targeting you?
Retail criminals can range from teenage shoplifters to sophisticated in-house fraudsters. Sarah Butler explores how retailers can protect themselves.
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News
Redcoon Germany launches online shop on Facebook
Metro’s Redcoon Germany has launched an online shop on its Facebook page. As an extra incentive, special offers for Facebook users will include lower prices than on its regular web shop Redcoon.de.Redcoon expects to gain new customers with the measure. In three days, 500 more Facebook fans had been added, ...
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News
Real in talks with Auchan over sale of CEE business
Metro’s hypermarket division Real is in talks with French retailer Auchan over the sale of its Central and Eastern European (CEE) business, Manager Magazin reported. The operations include Poland, Russia, Romania, Turkey and Ukraine.In 2011, Real in CEE ran 110 out of 426 Real stores, with net sales accounting for ...
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News
Off-price retailer TJX reports increase on first-quarter earnings
Off-price retailer TJX reported that first-quarter earnings soared 58% compared with the same period a year earlier. For the quarter ended April 28, TJX recorded a profit of $419.2m (£265.5m), up from $266m (£168.5m) in the prior year. Sales rose 11% to $5.8bn (£3.67bn) while gross margin climbed to 28.2% ...