More on Me + Em – Page 2181
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NewsFormer Dixons boss Clare to become Comet chairman
Former Dixons chief executive John Clare will take over as chairman of electricals retailer Comet following completion of its sale to private investor OpCapita next week.
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NewsPast Times buyer unlikely
Collapsed gift retailer Past Times is unlikely to be salvaged out of administration as KPMG embarks on a store closure strategy, it is understood.
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NewsRetail employment edges up 0.5% but outlook remains gloomy
Retail employment rose by a “modest” 0.5% in the final quarter of 2011 but the outlook remains downbeat, as 38% of retailers prepare to cut staffing levels this quarter.
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NewsDeadline for Peacocks bids looms as other retailers target the stores
Private equity firms including Permira and Cinven are understood to have ruled out buying Peacocks, while other investment firms and retailers eye its stores.
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Abercrombie & Fitch considers India expansion
Abercrombie & Fitch staff have visited India as it considers setting up shop in the country. An Abercrombie & Fitch spokesperson said: “We are constantly evaluating new opportunities for our brands, including new countries, for expansion.”Gap is also said to have stepped interest into the market after the government allowed ...
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Amazon considering entering India
Amazon may enter India via the launch of its market place platform in a bid to overcome foreign direct investment restrictions on multi-brand retail, it has been reported. Industry sources said the etail giant had already struck deals with other online retailers in preparation for the launch, which would initially ...
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Turnover improves at Shoprite
African grocery retailer Shoprite issued results for the first half of its financial year to December 2011. Turnover improved 13.2% to ZAR41.1bn (£3.3bn) while like-for-likes rose 8%. In its home market, the retailer’s sales increased 12.3% and by 6.8% on a like-for-like basis. Official statistics put food inflation at 9% ...
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NewsWHSmith top line expected to rise over the next five years
WHSmith is expected return to revenue growth over the next five years as it benefits from improved margin mix and overseas expansion.
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NewsHawkins Bazaar back in the game
The owner of Hawkins Bazaar, Primary Capital – which bought back the business out of administration last week – plans to revive the toy retailer by focusing on concessions and online as it appoints a new chief executive.
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NewsFeelunique.com ramps up overseas
Health and beauty retailer Feelunique.com is to ramp up its overseas presence by increasing its marketing activity as it strives to become the “Asos of the health and beauty market”, according to chief executive Aaron Chatterley.
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AnalysisIkea can’t leave quality behind in bid for growth
In a year that brought several high-profile failures in the UK’s home and home improvement sectors, including the demise of Focus, Möben and Dolphin, Ikea was busy enjoying another record breaking year.
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AnalysisProfile: Richard Kirk, former Peacocks group chief executive
The former Peacocks group chief executive fought to the bitter end to save the retailer and the people working for it.
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AnalysisPromotional coupons: What do retailers need to know?
The economic downturn and Tesco’s underwhelming Christmas results in particular have highlighted customers’ desire for vouchers.
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AnalysisRight technology, right time
Technology is no longer a back-office service – it’s driving sales and changing how people shop. Rebecca Thomson discovers what’s next for retailers at the NRF conference in New York.
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OpinionRetail rent regime still outdated
Simon Burke is an experienced senior retailer. He is currently chairman of HobbyCraft and Eagle Eye Solutions.
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NewsKate upping retail return rates
The Duchess of Cambridge’s penchant for a high street ensemble has undoubtedly had a fillip on many retailers’ sales.
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NewsPrimark optimistic for 2012 after strong sales
The squeeze on consumers will lessen in 2012, directors of Primark’s parent company believe.
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NewsThe People's Supermarket to expand
The People’s Supermarket (TPS) is targeting new locations across the UK.
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NewsSuperGroup eyes efficiency savings with new warehouse
SuperGroup is to move to a new distribution centre which is set to make its operation more efficient.
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NewsAsda Income Tracker: Weekly spending power falls by £12
Asda has said UK families were £12 a week worse off in December 2011 than a year earlier.