More on Me + Em – Page 2255
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NewsKKR appoints former Asda chief
Tony De Nunzio, former chief executive of Asda, has been appointed senior advisor at private equity firm KKR.
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News
Ikea reveals sales increase
Ikea has revealed that sales rose 6.9% in the year ended August 31, 2011 to reach nearly E25bn (£21.7bn). Over the year, the retailer cut prices and added stores to drive sales. The weak economy meant customers switched to smaller ticket items. Chief executive Mikael Ohlsson confirmed the company’s interest ...
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Colruyt predicts net profit will be below market expectations
Colruyt predicts that net profit this year will be below market expectations and no higher than last year. According to the grocer, the reasons for this are higher food, energy and staff costs.The traditionally cautious Belgian company said it would not be able to fully pass on higher food and ...
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NewsWickes to shrink stores as web transforms retail
1.4 million sq ft to be ditched as online reduces need for physical store space
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NewsHeadhunter Minogue in new venture
Renowned headhunter Fran Minogue has set up her own executive search business focused on the retail and consumer sectors.
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NewsHolland & Barrett rolls out loyalty card scheme
Health and beauty retailer Holland & Barrett has this week rolled out its loyalty scheme nationwide, which it hopes will increase basket size and customer frequency.
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NewsInflationary pressures hit The Range
Homewares retailer The Range chief executive Chris Dawson has cited “massive inflation” as being a key contributor to stagnant profits at the company last year as the high costs of fuel and other capital expenses frustrated growth.
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NewsLeighton: ‘Cut VAT now’
Former Asda boss Allan Leighton has called on the Government to reverse the VAT rise to stimulate activity in the economy.
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NewsTesco’s Price Drop hits other grocers
Tesco’s share price rose in the week that it launched its Big Price Drop, but the move hit the value of its food retail rivals.
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NewsIn focus: Fat Face
A year ago, the young fashion chain looked burnt out. Now it looks ready to venture overseas
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AnalysisBill Carrahar
The new director of Carpetright’s beds business, Sleepright, is passionate about the sector that has given him a second career, and is looking forward to working with an ‘icon in the industry’
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AnalysisTesco ‘Big Price Drop’
Viewers of Sunday night’s The X Factor and Downton Abbey were hit with Tesco’s offensive during the ad breaks with its Big Price Drop campaign.
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AnalysisPlay.com: What do retailers need to know?
The low-price purchase of Play.com by Japanese online investor Rakuten has raised doubts about the brand’s success
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AnalysisWhen the going gets tough
In his new book Tough Calls, Allan Leighton examines the difficult job of making the right decisions in difficult times. In this extract from the book, he looks at how retailers responded – and emerged stronger – when the banking crisis struck
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AnalysisCarrefour unveils plans for Parisian superstore
French international grocery retailer Carrefour has announced plans to open a one-off premium superstore in Paris within a year.
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OpinionRetail surgery: What is the value of a chief operating officer?
Why should retailers hire a chief operating officer, and what value do they provide?
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OpinionRetail surgery: How can I meet my health and safety obligations when using contractors?
When using contractors, how can I ensure that I satisfy my health and safety obligations to prevent prosecution by the Health and Safety Executive?
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OpinionNew skills will cause a shift in power
We know that the retail industry is changing at a pace the like of which has never been seen before.
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OpinionThe truth behind the story
The reality is retail is thriving, and keen young people are driving its success, says Jacqueline Gold