More on Me + Em – Page 2305
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NewsTesco to launch Clubcard scheme in the US
Tesco is to trial a version of its successful Clubcard loyalty scheme at its Fresh & Easy chain in the US.
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NewsDebenhams completes £650m refinancing
Department store group Debenhams has completed its refinancing of the £650m senior credit facility it agreed in July 2010.
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NewsWalker hires Rothschild ahead of Iceland bid
Iceland founder Malcolm Walker has appointed advisers to back him in his battle for retention of control of the food retailer.
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NewsJack Wills eyes sale or float next year
Preppy fashion chain Jack Wills is gearing up for a stake sale or float next year that could value the retailer at up to £500m.
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NewsMobile retail searches soar 216% in the second quarter
Mobile retail searches soared by 216% year-on-year in the second quarter of 2011 as the boom in online shopping continued.
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NewsSainsbury's launches non-food shopping mobile site
Sainsbury’s has gone live with a mobile version of its general merchandise shopping website.
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NewsTopshop and Topman to open in Las Vegas
Arcadia’s Topshop and Topman are moving into Sin City with the launch of a 20,000 sq ft flagship store in Fashion Show Mall in Las Vegas.
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NewsIT budgets fall to 1% of sales
Retailers’ IT budgets have fallen to a record low of 1% of sales following another year of cutbacks.
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NewsH&M like-for-likes drop 4% in June
Swedish fashion giant H&M’s like-for-likes sales dropped 4% in June.
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NewsBlacks increases borrowing after sales fall
Outdoor clothing and equipment specialist Blacks Leisure has extended its borrowing facilities and aims to refinance following a sales fall.
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NewsCooler weather helps John Lewis grow sales
Cooler weather in the second half of last week helped John Lewis to grow sales, while sales at Waitrose also grew despite tough World Cup comparatives.
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NewsWhite Company EBITDA rockets as boss prepares to step down
Fashion and homewares retailer White Company has defied the economic gloom to post a better than expected 37% surge in EBITDA to £10.7m in the year to March 27.
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NewsOlder shoppers rein in spending as squeeze hits
Empty nesters and older customers starting to feel the pressure and tighten purse strings as rises in cost of living bite, exclusive poll reveals
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NewsMorrisons plans lab store format roll-out
Morrisons is planning to roll out its fresh lab store format after a successful trial at its shop in Kirkstall, Leeds.
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NewsWednesday deadline for first-round bids for Comet
Up to 10 would-be buyers consider whether to table offers for 249-store electricals chain
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NewsDreams appoints Steve Johnson as chairman to navigate downturn
Bed specialist Dreams has hired former Woolworths boss Steve Johnson as chairman, replacing John Clare, who is retiring from the retailer.
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NewsM&S to reveal food brands
Marks & Spencer chief executive Marc Bolland aims to introduce the first of a raft of exclusive international food brands to selected stores this October.
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NewsRetailers unprepared for Olympic windfall
Half of UK retailers have admitted they are unprepared for the impact that the Olympic Games will have on their businesses, but a third expect a sales boost from it.
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NewsSoaring profits and sales put SuperGroup back on track
An improvement in recent trading at SuperGroup, owner of the Superdry brand, reassured the City that the business still has legs.
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NewsConfidence high in WHSmith performance
Analysts were pleased by a better than expected third quarter performance from WHSmith, despite a 4% fall in group like-for-likes.