More on Me + Em – Page 2310
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NewsJJB makes "good progress" in its turnaround plan
JJB is making “good progress” in its turnaround as sales in the 22 weeks to July 3 met its expectations.
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NewsEastgate Quarters retail centre given go-ahead
Leeds City council has approved construction of a retail centre as part of Hammerson’s proposed £600m regeneration scheme for the city’s Eastgate Quarters.
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NewsTheo Fennell eyes international expansion as its pre-tax losses grow
Luxury jeweller Theo Fennell is eyeing international expansion as its pre-tax losses grow
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NewsHilco sells Habitat European arm to Cafom Sa
Habitat’s European business has been sold by Hilco to Cafom SA, a French international home furnishings retailer.
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NewsTesco applies feng shui as it opens Asian retail academy
Tesco has opened a retail academy in South Korea to train its 100,000 staff in Asia – a sign of the increasing importance of the region to the retail giant.
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NewsWeekly sales fall at John Lewis
Sales at department store chain John Lewis tumbled 3.4% last week but the year-on-year comparison was muddied by the timing of its Sale.
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NewsPets at Home profits rise as spending on pets holds up
Chief executive Davies cautious despite 10% increase in both sales and EBITDA in year to March.
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AnalysisTalking about their generation
What do young people think about retail? How do they decide where and how they shop? Charlotte Hardie talks to them and reveals what you need to know about the next generation
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Carrefour to increase private labels
Carrefour chief executive Lars Olofsson has confirmed that he wants its private labels in France to account for 40% of its turnover, up from 25% currently. For this aim, more than 1,500 new products will be launched before the end of the year with the packaging being revamped.Furthermore, consumers will ...
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Ahold appoints former Tesco and Carrefour exec
Grocer Ahold has appointed former Tesco and Carrefour executive James McCann to a newly created role on its corporate executive board as chief commercial and development officer, effective September 1. This position will help drive the retailer’s growth strategy. McCann will focus on developing “innovative ways to serve customer needs, ...
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Hornbach reports sales increase
Home improvement retailer Hornbach said consolidated sales for the first three months of the financial year to May 31 rose 11.1% to E918.1m (£795m). Net income for the period rocketed by 30.6%. Sales at the 92 DIY stores in Germany grew by 10.7% overall, and by 7.7% on a like-for-like ...
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Coop Italia reports gross sales growth
Italian market leader Coop Italia has reported gross sales grew by 1.1% to E12.9bn (£11bn) in 2010, while its operating margin grew 0.7%.The retailer opened 37 stores which led the network to 1,444 stores in total. Coop’s private labels generated sales of E2.7bn (£2.3bn), a share of 25% of the ...
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Boulanger receives approval for acquisition
Consumer electronics retailer Boulanger has received the approval of the competition authorities for its acquisition of Metro Group’s Saturn stores in France. The purchase price of the transaction has not been made public. In order to get the approval of the competition authorities, HTM Group, the owner of Boulanger, has ...
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Tengelmann Group to withdraw from US
Germany-based Tengelmann Group is apparently looking to withdraw from the US after 32 years of operation by selling its stake in bankrupt grocer A&P.Tengelmann joint chief executive Christian Haub said: “From today’s point of view, it seems rather unlikely that we will continue to hold a stake in A&P.”Tengelmann is ...
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News20 stores a day shut by multiples, report says
Multiple retailers closed 20 stores a day on average between January and May as they slashed costs amid punishing trading conditions.
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NewsBank founder launches online store
The founder of Bank, the JD-owned young fashion chain, is to launch his new online retail business targeting the young womenswear fashion market in September
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NewsHobbs aims to expand stores as range grows
Mainstream womenswear retailer Hobbs wants to more than double the footprint of its existing stores as it prepares to introduce a full occasionwear sub-brand to its offering.
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NewsMy-Wardrobe targets the Middle East
Luxury fashion etailer My-Wardrobe is aiming to “double or treble” sales in the Middle East region in next 12 months as it ramps up its marketing.
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NewsWaitrose boss says that impact of food inflation is being overstated
Waitrose managing director Mark Price has criticised figures released this week claiming that food price inflation soared in June
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NewsBACI comes to Cardiff
US lingerie brand Baci is opening its first UK store at St David’s in Cardiff.