More on Me + Em – Page 2298
-
NewsFund offering £250m to help retailers gets Green’s support
Sir Philip Green has lent his backing to a new fund that has at least £250m to invest in taking minority stakes in retail businesses.
-
NewsMoonpig set for extra categories and European launch after sale
Moonpig is to expand into new categories and launch into continental Europe, after being sold on Monday for £120m to digital photo provider Photobox.
-
NewsHobbyCraft aims new line at value shoppers
Arts and crafts retailer HobbyCraft is to launch an own-brand value range next year as it continues its attempt to appeal to the increasingly value-conscious consumer.
-
NewsJessops launches personalised cards
Camera retailer Jessops is to launch into personalised greetings cards as part of plans to extend its range of associated and new categories.
-
NewsM&S signs up to anchor reborn Bradford scheme
Marks & Spencer is to anchor Westfield’s proposed Bradford scheme, which was mothballed when the recession hit.
-
NewsAmazon on recruitment drive to fuel growth plan
Online giant Amazon intends to recruit 200 staff at its UK head office in the next year as it prepares for future growth.
-
NewsWinehouse death prompts album sales spike at HMV
Music retailer HMV expects the late British soul singer Amy Winehouse’s best-selling album Back to Black to top the charts this weekend as saddened fans snap up her CDs.
-
NewsBuy It Direct on hunt for growth funds
Online retailer Buy It Direct is considering raising new money next year to fund further growth.
-
NewsRetail employment falls as non-food stores cut staff
Retail employment fell 0.4% in the second quarter of this year, equivalent to 3,100 fewer full-time jobs.
-
Opinion
On the Road
Retail Week’s Summer road trip is setting out to uncover retail’s hidden success stories around the UK
-
NewsCo-op launches sandwich designing competition
The Co-op is launching a competition for customers to design a sandwich to go on sale in stores nationwide.
-
NewsWithdrawal of court action clears way for Musgrave's Superquinn deal
The door has been opened for Irish retailer Musgrave to go ahead with its acquisition of bust counterpart Superquinn after court action was abandoned.
-
GalleryIn pictures: Forever 21 Oxford Street flagship opens
US fast fashion chain Forever 21 has opened its doors on Oxford Street.
-
AnalysisWalmart joins US grocers opening in ‘food deserts’
Walmart, Supervalu and Walgreens joined First Lady Michelle Obama to announce plans for the opening of hundreds of stores in neglected areas of the US known as ‘food deserts’.
-
News
Carrefour Italy inaugurates first Carrefour Planet hypermarket
Carrefour in Italy has inaugurated its first Carrefour Planet hypermarket at Paderno Dugnano in Milan.The store covers an area of almost 140,000 sq ft and uses the concept already developed in France, Spain and Belgium.Together with lower prices, the new store features specialist offers organised by sector, and services including ...
-
News
Walmart de Mexico reports net profit decrease
Walmart de Mexico has reported net profit of MXN4.5bn (£232m) for its second quarter, down 3.4% on the previous year.Net sales increased 9.1% to MXN87.9bn (£4.53bn). EBITDA for the quarter amounted to MXN7.7bn (£397m).Executive president and chief executive of Walmart de Mexico Scot Rank said the quarter was characterised by ...
-
News
Fnac outlines new strategy for growth
PPR-owned book and music retailer Fnac has outlined a new strategy for growth, encompassing store openings, an overhaul of its product offer and a redesign of its ecommerce site.By 2015 the company expects to open 80 new stores in France, including 50 in a smaller format. It will reorganise stores ...
-
News
Rewe Group in negotiations with Conad
German grocer Rewe Group is negotiating with Conad about the disposal of large parts of its loss-making Billa supermarket and superstore division in Italy.Besides Conad, Rewe Group’s partner in the Coopernic buying alliance Coop Italia is also reported to be interested in the 190-store network.Billa in Italy recorded a sales ...
-
News
Rossmann experiences sales rise
AS Watson-owned Rossmann experienced a sales rise of 4.2% in 2010 to CZK2.3bn (£77.9m), according to documents filed at the Register of Companies.The company edged into the black with a net profit of CZK22.7m (£820,000), up from just CZK1.16m (£41,000) in 2009.The company attributed the rise mainly to a change ...
-
News
Grocery chain Woolworths posts sales increase
Grocery chain Woolworths posted a 4.7% increase in net sales to AUD54.1bn (£36bn) for its financial year ended June 26.Excluding fuel, sales rose 4.1%.Food and alcohol sales increased 4.6% to AUD36.18bn (£24bn) or by 3% on a like-for-like basis.The company said that its price knockdown campaign contributed to this growth.In ...