More on Me + Em – Page 2420
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NewsHamleys up for sale
Frozen food chain Iceland also up for sale as Landsbanki sells off assets as part of winding up process
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NewsDouble-dip fears hit general retail stocks
Retail stocks were hit as the economy went into reverse, renewing fears of a double-dip recession, and Bank of England governor Mervyn King warned of plunging living standards.
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NewsPrimark records a 12% Christmas sales increase
Value fashion giant Primark shrugged off the effect of the snow before Christmas to record a 12% increase in sales, but warned that EBITDA margins will fall during the second half.
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NewsMulberry celebrates rocketing festive sales
Sales at luxury brand and retailer Mulberry soared over the festive period, showing consumer appetite for ‘It Bags’ is yet to be sated.
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NewsWHSmith sales slip over key period but margin improves
Bookseller and stationer WHSmith pleased analysts with improved margin despite a worse-than-expected sales decline during the peak period.
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NewsFormer owners buy 12 Suits You stores
Peter Lucas and Arafa Holding, the former owners of collapsed menswear chain Suits You, have acquired 12 of its 66 stores through Baird Group and relaunched them under the Suitdirect fascia.
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NewsPage pledges to grow Lloydspharmacy
Incoming Lloydspharmacy managing director and former Woolies commercial chief Tony Page has vowed to expand the business.
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NewsSnow takes edge off M and M’s Christmas
Sales at home shopping group M and M Direct jumped 15% in the six weeks to January 2, despite the loss of £2.5m of sales due to snow.
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NewsHomestyle profits drop 19% but Reid acquisition boosts turnover
Homestyle, the furniture retailer that operates chains including Harveys and Bensons for Beds, has revealed a 19% fall in profits in the year to June 26, while turnover increased.
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NewsOcado launches Pet Corner microsite
Online grocer Ocado is aiming to take a slice of the pet products sector with a dedicated microsite devoted to the category.
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NewsPoundworld to roll out multi-price store format
Single price point retailer Poundworld is to roll out it multi-price format, Discount UK, as it opens its second store in Stevenage.
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NewsM&S fully integrates Per Una after management shake-up
Marks & Spencer womenswear label Per Una will be fully integrated into the retailer’s core womenswear operations following a management restructuring this week.
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NewsDirectors leave Comet in the wake of dire trading update
Two Comet directors are to exit the business and redundancy consultations have begun with other head office staff as the electricals specialist battles to recover after disastrous Christmas trading.
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OpinionScottish government has it wrong on retail
You might expect that politicians would be thankful that retailers are creating jobs and prosperity, but there’s one part of the UK where the government seems hell-bent on an anti-big business agenda.
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AnalysisChristmas Trading: The good, the bad, and the ugly
Terrible weather hit retail hard this Christmas, but some managed to prosper regardless. Rebecca Thomson wraps up Christmas 2010 with the help of OC&C’s Christmas trading index
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NewsGoodbye Ann, hello Man
Lingerie retailer Ann Summers is to rename four of its prominent stores ‘Man Summers’ in the run-up to Valentine’s Day in an attempt to lure in male customers.
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OpinionRetail surgery: Will participating landlords be able to recharge the cost of CRC allowances to the tenant?
Following plans to divert revenue raised by the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme, will participating landlords be able to recharge the cost of CRC allowances to the tenant?
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NewsDune creates IT platform to back expansion plans
Dune aims to have 250 overseas stores within the next three to four years, up from the 150 shops it had previously planned. 50 will be wholly owned stores and the other 200 will be franchises.
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Opinion
Technology stories from around the web
Interesting things we’ve seen around the web this week:
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NewsFormer M&S boss Rose and Waitrose chief Price named Government happiness advisors
Former Marks & Spencer chairman Sir Stuart Rose and Waitrose managing director Mark Price have both been named members of the advisory panel set up to measure happiness.