More on Me + Em – Page 2126
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NewsClarke: ‘Good enough’ is not good enough
Tesco chief executive Philip Clarke has pledged a return to retailing excellence at the grocery giant’s flagship UK business through renewed focus on the customer.
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AnalysisCampaign of the week: Harrods Pinterest
Pinterest is a comparatively new platform for retailers to try, and Harrods is one of the first UK brands to do something interesting with it.
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NewsFirst round bids for Aquascutum due next week
First-round bids for collapsed luxury fashion brand Aquascutum are expected towards the end of next week, Retail Week has learned.
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NewsMothercare’s Calver to drive online growth
Struggling maternity retailer Mothercare is relying on its new boss, former Amazon executive Simon Calver, to turn around its ailing online business as it seeks to emulate the etail giant in the face of
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JD Sports on the hunt for more acquisitions
JD Sports Fashion is eyeing further acquisitions to fuel expansion despite its Blacks purchase hitting full-year profits.
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AnalysisPlastic bag levy: What do retailers need to know?
A levy on plastic carrier bags in Wales has resulted in a steep fall in their use by consumers, but is it the right way to help the environment?
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OpinionThere’s openness, then there’s overkill
“It is the next big scandal… the far too cosy relationship between politics, government, business and money.”
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NewsLiberty moves into Westfield to cash in on Olympic footfall
Famous department store Liberty is to open a pop-up shop in Westfield Stratford in May in an effort to capitalise on footfall driven by the Olympics.
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InterviewQ&A: Philip Clarke, Tesco
Tesco chief executive Philip Clarke and group finance director Laurie McIlwee faced a grilling from the press as the grocer unveiled its £1bn turnaround plan for the UK business today. Clarke talks improving in-store experience, Richard Brasher and what went wrong. Alex Lawson reports.
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Nordstrom purchases online clothing brand
Upmarket department store group Nordstrom has purchased Bonobos, an online brand that sells custom-fit men’s clothing, at a reported cost of $16.4m (£10.3m). In addition to the funding, Nordstrom will sell Bonobos clothing at some of its stores and on its website.The deal with Nordstrom marks the first time Bonobos ...
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Target's Canadian plans under government review
General merchandise retailer Target’s plan to enter Canada is being reviewed by the government to decide if books and other cultural ranges have enough Canadian content.Target spokeswoman Lisa Gibson said that this analysis will concentrate on books, DVDs, music and magazines as the government is committed to making sure investments ...
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Intermarché given go-ahead for Altis takeover
Grocer Intermarché has received approval from competition authorities to take over 20 Altis stores operating under the Carrefour banner. Last year, Intermarché reached an agreement with Spanish grocer Eroski to acquire the Altis joint venture in southern France.Eroski had already purchased Carrefour’s 50% stake in Altis, which operated six Carrefour ...
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Cora plans click-and-collect service
Grocery retailer Louis Delhaize plans to launch a click-and-collect service for its Romanian hypermarket chain Cora. The new service will be called Cora Drive. The retailer already offers Cora Digital, a service that allows customers to pick up consumer electronics delivered from Cora hypermarkets to smaller stores in customers’ local ...
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Carrefor launches new loyalty programme
Carrefour has launched a new point-based loyalty programme in the United Arab Emirates called MyClub, an innovation within the hypermarket sector in the region.Members earn one point for every AED10 (£1.75) spent in the retailer’s stores, with extra points available on special offers. When 500 points are accumulated, a AED50 ...
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Galeries Lafayette to revamp flagship store
Department store business Galeries Lafayette plans a E85m (£71.8m) investment at its flagship store on Boulevard Haussmann in Paris.The retailer intends to expand the space dedicated to luxury goods, leather products, jewellery and footwear. As part of the renovation, Louis Vuitton, Cartier and Chanel outlets will be located on two ...
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Uniqlo stores to sweep China
Clothing giant Fast Retailing has revealed that its Uniqlo International division plans to accelerate the pace of new store openings in Greater China from 32 stores in 2011 to 80 in 2012. The first Uniqlo shop is scheduled to launch in the Philippines in June this year and the retailer ...
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Walmart to focus on expanding existing operations
Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...
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Seven & I Holdings posts 20% profit for year
Convenience store operator Seven & I Holdings has posted a 20% rise in operating profit to ¥292.1bn (£2.41bn) for the full year ended February 29, 2012. Net profit increased 16% to ¥129.8bn (£1.07bn), however net sales fell 11.4% to ¥4.01 trillion (£33.03bn) mainly due to a change in accounting methods ...
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Bharti Walmart to establish online operations in India
Bharti Walmart is likely to set up an online operation in the country with the grocer reportedly looking to partner with domestic ecommerce companies. Online retailing is gaining ground in India with several companies such as Amazon’s Jungle.com coming to the market, an indirect entry owing to the current restrictions ...
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NewsTopman’s David Shepherd appointed chief operating officer of Arcadia
Topman managing director David Shepherd has been promoted to the newly created role of chief operating officer for trading at Arcadia in a bid to grow the group’s e-commerce and international businesses.