More on Me + Em – Page 2337
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News
Walgreen acquires Drugstore.com
Walgreens has completed its acquisition of Drugstore.com following a vote of approval from the company’s shareholders.
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NewsSainsbury's boss King takes £5m hit to pay packet
Sainsbury’s chief executive Justin King took a £5m hit to his pay packet last year as the supermarket failed to hit some performance targets and he cashed in fewer options.
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NewsFood inflation at highest level for two years
Food inflation increased to 4.9% in May, representing the highest rate since June 2009.
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NewsBRC's Luke Mayhew to slam criticism of large retailers
The British Retail Consortium chairman Luke Mayhew will condemn criticism of successful multiple retailers as “ridiculous” in a speech today.
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NewsCo-op members give £3m of profit-share to charity
Members of the Co-operative Group have agreed to donate more than £3m of their annual profit-share to charities and community groups.
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NewsNew Look profits hit by "significant internal disruption"
Fashion chain New Look underlying operating profit slumped from £162.7m to £98m in the year to March 26 as the retailer suffered from “significant internal disruption”.
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News
Borders finds a potential bidder
Bookseller Borders has found a potential bidder in the form of Gores Group. The private equity firm has shown interest in acquiring 200 of Borders’ 405 stores. The deal would keep the bookstore chain operating as a going concern in the wake of it filing for chapter 11 bankruptcy in ...
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NewsDitch the Directive: Breakthrough as EU ditches controversial plans
The European Parliament has bowed down to pressure from retailers and abandoned plans for force retailers to offer free returns from anywhere in Europe and deliver to all EU countries.
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Opinion
Agents of change?
Agents mega-mergers are leading to a smaller pool of retail property advisers, but it’s still all about the individuals
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NewsLife & Style on brink of administration
Life & Style, the fashion and homewares business born out of the administration of womenswear chain Ethel Austin, is on the brink of collapse after just over a year in existence.
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Data
Kantar Worldpanel: Grocery market share data for the 12 weeks ending May 15, 2011
Kantar Worldpanel Grocery market share data for the 12 weeks ending May 15, 2011
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AnalysisRetail Week Interiors Awards announce headline sponsor
The 14th annual Retail Week Interiors Awards have announced New Store Europe as the headline sponsors at this years leading interiors industry awards.
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NewsTesco's US business faces alcohol ban
Tesco’s US business could be dealt a severe blow as a proposed ban on the sale of alcohol from self-service checkouts in California moves one step closer to becoming law.
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NewsSuperGroup shares fall as promotional activity unnerves investors
Shares in SuperGroup dropped after it emerged that the young fashion business, which has a strict no-discounting policy, offered some online customers 20% off in-store purchases last weekend.
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NewsFindel profits drop as its turnaround begins
Home shopping group Findel’s pre-tax profit before exceptional items dropped from £11.7m to £7m and its three year turnaround begins.
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NewsTony Shiret made redundant by Credit Suisse
Tony Shiret, the highly regarded analyst and vocal critic of Marks & Spencer under the leadership of Sir Stuart Rose, has left Credit Suisse after 18 years with the bank.
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NewsTesco appoints digital and marketing officer
Tesco has appointed Matt Atkinson as group digital and marketing officer.
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NewsHMV secures refinancing lifeline
HMV has been given a lifeline by its banks as it has secured a new two-year refinancing plan worth £220m.
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NewsSales fall in May
Sales fell in May according to the BRC, with like-for-likes down 2.1% and total sales down 0.3%.
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AnalysisHow can retailers crack China?
China is now the second biggest economy in the world. Rebecca Thomson looks at the numbers and considers how retailers can reap rewards from this global superpower.

















