More on Me + Em – Page 2372
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NewsAnn Summers hit by rising product costs
Ann Summers has reported a 3% increase in sales but a dip in profits for its full year, as rising product costs reduced its gross margins.
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News
Promotions hit Sunglass Hut’s profit margins
Sunglass Hut profits slumped in 2010 as its focus on promotions hit margins. Despite sales nudging ahead from £35.6m to £35.9m, operating profit dropped 16% to £2.6m.
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NewsShop Direct says sorry for Mother’s Day blunder
Online retail giant Shop Direct suffered the wrath of irate customers at the weekend when a computer glitch prevented flowers being delivered on Mother’s Day.
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NewsNational Minimum Wage increase 'out of step with reality'
The National Minimum Wage increase of 2.5% to £6.08 is “out of step with reality”, according to retailers.
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NewsPlay.com seeks investors as it looks to expand
Online retailer Play.com is hunting for investment to fund its European-wide expansion.
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NewsUS DVD rental business Blockbuster sold to satellite broadcaster
US DVD rental business Blockbuster, which went bankrupt last year, has been bought by US satellite broadcaster Dish Network after it won a $321m (£196m) auction.
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NewsForever 21 to open at Bluewater
US fashion giant Forever 21 has signed for a store at Bluewater shopping centre, Retail Week has learned.
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NewsHalfords Q4 retail like-for-likes down 6.8%
Halfords has reported a tough fourth quarter with retail like-for-likes down 6.8%, and the cycles and automotive retailer is implementing a share buyback programme of up to £75m.
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NewsGovernment clamp down on red tape
Government is urging businesses and individuals to give their views on overregulation via a new website.
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NewsSupermarkets to collect customers plastic packaging on-site in recycling breakthrough
Supermarkets have vowed to collect customers’ thin plastic packaging, such as bread bags and cereal liners, on-site in a major recycling breakthrough.
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AnalysisVideo: Gerald Ratner at the Retail Week Conference
Gerald Ratner speaking to delegates at the Retail Week Conference 2011
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NewsLingerie etailer BeCheeky.com on brink of liquidation
Online lingerie retailer BeCheeky.com is close to liquidation.
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NewsTime Out owner mulls offer for HMV Live
HMV’s live venue business is being eyed by the founder of Oakley Capital, which has a stake in Time Out magazine.
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Opinion
M&S supplier loses customer data
Marks and Spencer has become the latest retailer to fall foul of a third party security breach after its email supplier Epsilon lost customer data.
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OpinionDebenhams transactional Android and Nokia apps
Last week Debenhams launched transactional Android and Nokia apps to build on its current growth in the m-commerce market, making the retailer the first to have transactional apps for all three major smartphones.
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NewsJack Wills banned from re-printing 'provocative' catalogue
Young fashion chain Jack Wills has been banned from re-printing its latest catalogue after complaints the images it featured were inappropriate for young teenagers.
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NewsAbercrombie & Fitch predicts rapid sales growth
American casualwear giant Abercrombie & Fitch has forecast its sales will double to $7.5bn (£ 4.6bn) by 2015.
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NewsFood inflation drops as grocers ramp up promotions
Food inflation dropped in March as grocers ramped up promotions, according to figures from the British Retail Consortium.
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NewsJJB Sports to improve 'retail basics' with £65m fundraising
Sports retailer JJB Sports has said its intended £65m fundraising will help provide management with greater operational flexibility and the money to fund to its turnaround plan.