More on Me + Em – Page 2303
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News12 further Life & Style shops shut
The administrator to fashion and homewares chain Life & Style are to shut a further 12 shops making another 181 staff redundant.
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NewsHalfords like-for-likes slip in a "difficult environment"
Halfords retail like-for-likes slid 1.1% in the 13 weeks to July 1.
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NewsFocus closing down Sale knocks B&Q performance
Sales at DIY giant Kingfisher’s flagship UK division slumped in the second quarter, affected partly by the closing down Sale of rival Focus, but the retailer expects to end the year in “excellent shape”.
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News
Auchan set to more than triple store count
French hypermarket operator Auchan has said that it plans to more than triple its store count in Russia within five years.The retailer aims to be operating up to 150 stores in Russia ranging between 107,640 sq ft and 215,280 sq ft. It said it would probably open more Radouga discount ...
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News
Costco reveals Australian expansion
On the eve of opening its second Australian store in Sydney, Costco has revealed it is looking to expand in the country.Costco Australia managing director Patrick Noone said: “We are looking at all the big cities, as well as looking at additional buildings we could do in Sydney and Melbourne, ...
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Spar Australia launches new store concept
Spar Australia has launched a new store concept called Jardin Fresh Life. The format has a larger sales area than a traditional Spar, with a strong focus on fresh produce.The first Jardin Fresh Life store displays products in a market-style atmosphere in the 11,625 sq ft space. The shop also ...
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OpinionPrivate equity still has an eye for retail
The £533m acquisition of Jimmy Choo by Labelux is the latest of a stream of retail M&A transactions to successfully complete since the credit markets reopened.
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Opinion
The not-so-mighty Quinn
Superquinn’s failure is the latest example of what can happen when property investment and retailing mix
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NewsOnline sales up 19% in the first half
Online sales surged 19% in the first half of 2011, exceeding growth expectations by 1%.
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Opinion
Jigsaw's mobile site
Fashion retailer Jigsaw has taken steps to increase its m-commerce activity by developing a transactional mobile site.
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OpinionMagic moments
With a variety of retailers signing up for O2’s Priority Moments location marketing scheme, can mobile wave its wand over the high street?
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News
Sales rise for Beauty retailer SaSa
Beauty retailer SaSa’s sales rose by 34.6% for its first quarter ended June 30, 2011.Like-for-like sales growth in Hong Kong and Macau was 26.3%. Other markets (comprising Mainland China, Singapore, Taiwan and sasa.com) had a year-on-year growth of 21.4%.
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News
Casino’s board rejects planned merger
Casino’s board has rejected the planned merger of Brazilian hypermarket and supermarket operator Grupo Pão de Açúcar – in which the retailer has about a 40% stake – with French competitor Carrefour.On the back of the news, the Brazilian state development bank said it was pulling its $3bn (£1.9bn) investment ...
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News
Drugstore operator Rossmann reports revenue growth
Drugstore operator Rossmann reported revenue for the first half of 2011 grew 12% to E2.4bn (£2.1bn). Rossmann currently has 2,450 stores, of which 1,600 are in Germany and 850 are in Poland, Hungary, the Czech Republic, Albania and Turkey.The retailer plans to generate full-year revenue in excess of E5bn (£4.3bn) ...
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NewsBrand Cellar to revive Dewhurst butchers brand
Brand Cellar, a company set up to relaunch some of Britain’s best known names, is to revive the famous butchers Dewhurst brand.
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NewsNisa-Today to give back £5m to members
Symbol group Nisa-Today’s is to deliver £5m back in dividends to the group’s members following record sales of £1.5bn for the year.
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NewsHousehold discretionary income falls £9 in June
Families were £9 worse off a week in June compared to the same time last year.
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NewsFormer Asda director Doug Gurr to join Amazon
Doug Gurr, a former director at Asda, is poised to join online retail giant Amazon in the UK.
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NewsInflation hits grocery volumes
Rising food prices have helped the value of grocery sales rise but have hit volumes.
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NewsMatalan posts quarterly sales fall
Value fashion group Matalan has posted a quarterly sales decline and warned that trading conditions remain tough, despite an uptick in July.