More on Me + Em – Page 2282
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NewsFootfall slips while nationwide vacancy rate stands at 11.2%
Footfall between May and July was 1% lower than the same period a year earlier, with the hardest hit locations being Wales, the west Midlands and the East of England.
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News
Stockmann reports net sales increase
Department store retailer Stockmann reported net sales rose 13% to E510.2m (£449m) for the second quarter. But net profit fell 43% to E14.7m (£13m).The retailer forecasts second-half 2011 operating profit will outperform the previous year, driving an overall rise in pre-tax earnings. Stockmann expects Russian operations to continue to grow ...
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NewsAll Saints' Craig gets his shot at glory
Most boys only dream of playing for their favourite football team, but All Saints chief executive Stephen Craig actually managed it when he took the field in front of 55,000 fellow Celtic supporters at Parkhead last week.
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NewsSainsbury's to exclusively launch Joan Collins book
Sainsbury’s is hoping some 1980s Dynasty glamour will bring shoppers to its stores when it exclusively launches actress Joan Collins’ upcoming book.
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NewsM&S becomes exclusive fashion partner for The X Factor
Marks & Spencer has been named the exclusive fashion partner of The X Factor, the search-for-a-star TV show.
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Opinion
Which retailers are best on Facebook?
Facebook can feel like a bit of a popularity contest, and retailers aren’t immune – ChannelAdvisor’s monthly index now pits them against each other in the race for new fans.
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AnalysisThe first half of the year in retail
Have you been paying attention to all our retail news this year? Take our quiz and find out.
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NewsZara-owner Inditex in sweatshop inquiry
Fashion giant Inditex is under investigation by Brazil’s ministry of labour after one of its contactors was found to be using employees in sweatshop conditions.
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NewsVideo: Shops forced to shut in south coast's flash flooding
Retailers on the south coast were forced to shut up shop yesterday as flash flooding drenched parts of Dorset and Hampshire.
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NewsAsda launches mobile groceries site
Asda has launched a mobile optimised transactional site for its groceries offer.
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NewsPlus-size women's fashion sales to reach £5.7bn by 2016
The plus-size clothing market is expected to generate sales of £7.9bn by 2016 after rapid growth over the last five years.
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NewsJohn Lewis beats rioters with weekly sales rise
Department store chain John Lewis generated a sales increase of 2.9% to £52.9m last week, despite riot disruption. Excluding VAT, the rise was 1.3%.
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News
Sales increase for department store Macy’s
Department store operator Macy’s has said sales in the second quarter ended July 30 rose 7.3% to $5.94bn (£3.7bn) and 6.4% on a like-for-like basis. Online sales (Macys.com and Bloomingdales.com) were up 40.2%. Operating income climbed 37% to $506m (£313m).Macy’s chairman, president and chief executive Terry Lundgren said: “All of ...
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News
Walmart to reorganise its ecommerce business
Walmart is to reorganise its ecommerce business in several key markets. It has disclosed the departure of two senior online executives as part of a strategy to better integrate online retailing with local bricks and mortar operations.Raul Vazquez, who was in charge of ecommerce initiatives in developed markets, including the ...
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GalleryIn pictures: M&S unveils Westfield Stratford store
Marks & Spencer was handed the keys to its Westfield Stratford City store on Tuesday, when manager Lee Boon and his team moved in to prepare for the flagship mall’s opening on September 13.
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NewsBlacks chairman to build bridges with Mike Ashley
Peter Williams tries to restore stability and make peace with frustrated shareholder
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NewsIn Focus: Tesco
Updating Retail Week Knowledge Bank’s Tesco profile is no mean task, as befits the world’s third biggest retailer.
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NewsRetail bearing up but grocery volumes weak
Although retailers bore the brunt of last week’s riots, the sector kept its head above water despite lagging the All-share index.
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NewsSports retailers’ reputations intact despite ‘looter effect’
Sports retailers, including JD Sports, will not be damaged by their association with ‘looter fashion’, Oriel analysts are confident.
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NewsOcado’s lack of update raises City eyebrows
Broker Panmure has questioned why Ocado has not updated the City after the online grocer’s joint broker Goldman Sachs slashed its operating profit forecasts for the next three years.