More on Me + Em – Page 2359
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AnalysisWhat's big in 2011?
What is the state of UK retail in early 2011? That’s what Retail Week sought to find out with Retail 2011, the authoritative analysis of UK retail today. In this extract from the report, we look at the key themes that emerge.
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NewsPeacocks calls on Leighton
Former Asda chief executive Allan Leighton in frame to become chairman of value fashion group.
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NewsRoyal wedding celebrations cause mixed trade for retail
Wedding gives boost in sales in run-up to April 29 but drop in footfall is predicted on the big day.
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NewsTesco to rein in category growth with home focus
Tesco group chief executive Phil Clarke has signalled that the retailer’s non-food, non-fashion offer will focus on product for the home and garden rather than further experimentation with items such as gold and cars.
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NewsStaff cuts planned despite rise in retail employment
Retail employment edged up 0.5% in the first quarter of 2011 - the equivalent of 3,400 more full-time jobs - but almost one third of retailers expect to cut staffing levels in the current quarter.
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NewsAnn Summers to move overseas once global economy improves
Ann Summers is eyeing international markets to expand its lingerie and sex toys business.
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NewsAquascutum mulling menswear-only stores
Upmarket fashion retailer Aquascutum is understood to be mulling a menswear-only store on London’s Jermyn Street as it seeks to exit its shop on Regent Street.
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NewsShop Direct sets sights on overseas expansion
Etail giant Shop Direct is plotting international expansion for its Very and Isme brands, and is to grow its Littlewoods brand outside Europe.
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NewsRetailers urged to respond to Red Tape Challenge
More retailers are being urged to respond to the Government’s initiative to scrap unnecessary regulations.
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News
St James' in London to be transformed into 'eclectic shopping destination'
London’s upmarket St James’ area is to be given a makeover as part of landlord Crown Estate’s £500m regeneration programme to transform it into an “eclectic shopping destination”.
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NewsComet staff face redundancy after warehouse closes
Electricals specialist Comet intends to close its national distribution centre in Corby, Northants as part of an efficiency drive.
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NewsArgos pushes new products in a bid to combat tough trading
Multichannel general merchandise giant Argos is to move into new product categories as it chases growth in tough trading conditions, which led to a plunge in profits.
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NewsSports Direct stock rises despite tough trading
City confidence that Sports Direct will achieving its £215m EBITDA target in 2012 rose following a 7.3% jump in gross profits despite tough trading conditions.
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NewsTesco’s candour impresses City
The City was impressed with Tesco chief executive Phil Clarke last week when he delivered his first full-year results, although sales slipped slightly by 1.28% on the day.
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AnalysisTying the retail knot
Wills and Kate tie the knot tomorrow, and in keeping with the fervour we take a look back at some of the most notable marriages of retail businesses over the years. Have these unions stood the test of time or did they decide to go their separate ways? Charlotte Hardie ...
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AnalysisJacqueline Gold
Despite its latest campaign upsetting M&S, Ann Summers boss Jacqueline Gold has no plans to tone down the retailer’s tongue-in-cheek appeal.
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NewsSteinhoff UK devolves authority in restructure
Furniture giant Steinhoff UK is restructuring the group into separate businesses, resulting in the scrapping of the Steinhoff UK chief executive role.
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Opinion
Argos down but not out
Is Argos the new Woolies, someone asked last week when parent Home Retail issued prelims showing plunging profits at the catalogue store business.
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GalleryA royal opportunity
God bless William and Kate! John Ryan assesses the efforts of retailers around the capital to see who has made the most of the occasion.