More on Me + Em – Page 2401
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AnalysisLess is more strategy pays off for Abercrombie & Fitch
After three consecutive years of negative like-for-like sales growth, which also included a period of nine consecutive negative quarters, US-based fashion chain Abercrombie & Fitch has reported like-for-like sales increased 7% in fiscal 2010.
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AnalysisChanging time at Peter Jones
Chelsea retail dowager Peter Jones is an example of how John Lewis is shifting its visual merchandising direction. John Ryan visits and talks to Robb Bloomer, manager, retail design.
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AnalysisGrowing sales and protecting customer data is not mutually exclusive
Online sales in the UK generated £58.8 billion in 2010, up eighteen percent year-over-year, according to the figures released by the UK online retail trade association IMRG.
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OpinionNew Tesco chief Clarke’s delicate balancing act
The term ‘end of an era’ is overused. But next week undeniably marks one, when Sir Terry Leahy - the most successful retailer of his generation - departs Tesco’s austere Cheshunt headquarters for the last time after 14 years in charge, and Phil Clarke takes over.
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OpinionLike-for-like obsession is misleading
Reading Neil Gillis’s column ‘The like-for-like masquerade’ got me thinking about the relevance of like-for-like measurements for retailers.
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OpinionA different mountain to climb
I’ll climb Everest for charity or die in the attempt, says Iceland chief Malcolm Walker
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GalleryA glimpse of the Morrisons of the future
As Morrisons boss Dalton Philips prepares to update the City, Jennifer Creevy visits the Leeds ‘lab store’ to reveal the direction he is taking the grocer in
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GalleryHarrods Wine Shop London
Pay a visit to the Harrods wine shop and you might be forgiven for expecting premium prices to be the order of the day.
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NewsConfetti to branch out to party products
Online retailer Confetti is to expand beyond its core wedding products range as it looks to grow.
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AnalysisAah! Bicester
Bicester Village has sales figures to die for, Prada and Gucci as tenants, and attracts some of the highest spending customers in Europe. Rebecca Thomson pays a visit to unearth its secret
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NewsAsda plans premium homewares line
Asda is to launch a premium homewares line that it claims will be up to 30% cheaper than the typical high street equivalent as it seeks to take further advantage of the buying power of parent Walmart.
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OpinionRetail surgery: Will the integration of social media into our website drive traffic?
Will the integration of social media identity into our website drive traffic and is it worth the investment?
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OpinionRetail surgery: What do the changes to the freight delivery terms Incoterms mean?
Can you give an overview of the most recent changes to the freight delivery terms Incoterms?
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NewsMorrisons to double its female senior managers
Morrisons has committed to identifying future female business leaders and targeted to more than double its number of female senior managers by 2014.
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NewsZara expands online presence to further five countries
Fashion retailer Zara is to launch its next tranche of websites as it expands its online offering across a further five countries.
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Fressnapf turnover up 7.6% to £1.08bn
Pet care retailer Fressnapf has posted an annual turnover of €1.28bn (£1.08bn) for the 2010 fiscal year - an increase of 7.6% compared with the year before.Like-for-like sales grew by almost 2%. In its home market of Germany, Fressnapf posted a turnover of €874.7m (£736.9m), a 5.2% increase.In 10 other ...
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ICA operating profuit up 7.8% to £281.3m
Ahold’s Scandinavian division ICA’s full-year operating profit reached SEK2.92bn (£281.3m) in 2010, an increase of 7.8% on 2009. The retailer’s net sales for the full year amounted to SEK93.86bn (£9.04bn), down 0.8%. At constant exchange rates net sales rose 0.9%.In 2011, ICA will “have a laser-like focus” on its disappointing ...
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Borders files for bankruptcy protection
Borders has filed for bankruptcy protection, sunk by crushing debt and sluggishness in adapting to a rapidly changing industry.The 40-year-old company plans to close about 200 of its 642 stores over the next few weeks. All of the stores closed will be superstores, a Borders spokeswoman said. The company also ...
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Build-A-Bear revenue up 1.4% to £247m
Toy retailer Build-A-Bear Workshop reported total revenues increased by 1.4% to $401.5m (£247m) in its 2010 fiscal year. Excluding the impact of foreign exchange, net retail sales increased 0.1%.Consolidated like-for-like sales declined 2%, which included a 1.2% decrease in North America and a 5.5% decrease in Europe.Net income for the ...