More on Me + Em – Page 2188
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NewsJaeger full year profits plunge
Premium retailer Jaeger posted a pre-tax profits plunge in its full year to February 28, 2011.
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NewsTesco defends Robbins shares sale
Tesco has refuted allegations that its chief operating officer sold £202,000 of shares in the knowledge the retailer’s stock market value was set to plummet.
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NewsCost of retail crime soars 31%
Retail crime is costing the sector an extra £1.4bn, soaring by 31% as the number of robberies increased alongside the value per incident, a report by the British Retail Consortium (BRC) has found.
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NewsNotices of intent filed for Peacock Group and Bonmarché
UPDATE: Notices of intent to appoint administrators have been filed for both Peacocks Group and Bonmarché, placing the clothing retailers into a 10-day moratorium until a solution to its difficulties is found.
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OpinionMaking a difference
Things are changing in New York stores, but is it a pattern that we’re seeing in the UK?
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NewsZiff buys bulk of Barratts stores
Owner of Barratts Priceless Group Michael Ziff has struck a deal with administrators to buy the bulk of its stores.
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NewsBoots' like-for-likes rise 4.1% in December
Health and beauty retailer Boots’ UK retail business generated a like-for-like sales rise of 4.1% in the five weeks to December 31 and parent Alliance Boots’ group revenues rose 14.1% in the quarter to the same date.
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News
Coop (Switzerland) announces preliminary sales
Coop (Switzerland) has announced preliminary sales for its 2011 financial year. Net sales rose 38.9% to CHF27.8bn (£18.90bn) thanks to the full acquisition in January 2011 of TransGourmet, the former 50:50 wholesale and food-service joint venture between Coop (Switzerland) and German Rewe Group. Sales at the retail division fell 0.9% ...
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NewsHallmark plays international card
Greetings card retailer Hallmark has laid out plans for international expansion as it launches a business review under new chief executive Steve Wright.
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OpinionThere are still ways to reduce costs
Retailers face yet another tough year after the annus horribilis of 2011.
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OpinionIs there really appetite for investment in retail?
So 2012 opens up before us and, if we’re to believe the Mayans, we could be witnessing the last set of post-Christmas retail figures this side of the Apocalypse.
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GalleryArcadia: More from less
Arcadia’s stated aim of reshaping its estate following last year’s profits downturn is already having some positive effects. John Ryan visits Lakeside to look at the effect of change on Topshop/Topman.
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GalleryPhones 4U, Oxford Street
Phones 4U midway along Oxford Street has been around for a long time and probably isn’t the first place that might spring to mind when considering visual merchandising novelty.
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News
Walmart Canada to cut prices on 7,000 items
Walmart Canada is cutting prices on 7,000 items during January. The cuts are on all major categories across grocery and general merchandise and, Walmart says, are expected to translate into customer savings of more than C$25.7m (£16.2m) this month.“With the holiday season over, we know our customers are experiencing budget ...
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NewsThe Perfume Shop eyes 2012 growth after strong Christmas
The Perfume Shop delivered a strong Christmas performance as like-for-likes traded up 4.5% driven by “flexible and competitive” offers.
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NewsTheo Fennell to make a loss as festive sales disappoint
Sales at upmarket jeweller Theo Fennell plummeted 11% year-on-year in December and it now expects to make a loss in its current year.
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AnalysisTesco's prospects: The City view
Tesco’s poor Christmas trading update wiped £5bn off the company’s stock market value yesterday in what is being dubbed a ‘Black Thursday’ for retail.
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NewsBlue Inc posts Christmas sales rise
Fashion retailer Blue Inc delivered strong Christmas sales, led by its eponymous chain.
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NewsSuperdrug delivers "solid" festive trading as boss Seigal steps down
Like-for-likes at health and beauty retailer Superdrug rose 2.5% over Christmas as customers sought to benefit from its new loyalty card.