More on Me + Em – Page 2423
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AnalysisChristopher North
With a keen eye for data and background in publishing the new Amazon UK managing director seems the perfect fit for the online giant.
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OpinionTaxing big stores won’t save small shops
“It is only fair that the largest, profitable businesses make a greater contribution and if this helps sustain businesses in many of our town and city centres that is an added advantage.”
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AnalysisWalmart pledges healthier food with no added extras
Walmart is to embark upon a five-year plan to make its food offering healthier.
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NewsScottish Parliament advised by committee to scrap planned levy on large retailers
Retailers are unlikely to have to pay extra tax on larger stores in Scotland after the Local Government and Communities Committee of the Scottish Parliament voted in favour of annulling the proposed Large Retailer Levy.
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News
Delhaize Group revenue increases 4.6% to £17.7bn
Delhaize Group has reported revenues of E20.8bn (£17.7bn) for 2010. This represents an increase of 1% at identical exchange rates or 4.6% at actual exchange rates, due to the strengthening of the US dollar by 5.2% against the euro compared with 2009. Organic revenue growth was 0.9%.Delhaize Group added 68 ...
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Blockbuster gets deadline extension for bankruptcy reorganisation plan
Blockbuster has received an additional three weeks from its lenders to file a bankruptcy reorganisation plan. The company received an extension to February 4 from January 14 to file a plan, a regulatory filing shows. It is common for debtors to seek such extensions and US bankruptcy courts routinely grant ...
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Jerónimo Martins to open neigbourhood store chain
Portuguese retailer Jerónimo Martins is planning to open a new chain of small franchised neigbourhood stores over the coming months. The retailer will open two wholly owned stores under the new banner and will then work towards its expansion under a franchising scheme. The new business model will be developed ...
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Migros records £16.35bn in net sales
Supermarket chain Migros has reported preliminary group net sales of CHF25.03bn (£16.35bn) for 2010, representing a slight increase of 0.3% compared with 2009.Lower prices of Migros’ products, alongside a currency-related decline in sales in the travel business, affected Migros Group’s sales during the year. The retail segment of the group ...
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Toom Baumarkt and Hellweg Profi-Baumärkte to establish new buying group
Rewe Group’s DIY arm Toom Baumarkt and DIY retailer Hellweg Profi-Baumärkte have established a new buying group, subject to the approval of the Federal Cartel Authority. It is called DIY Union and will have a sales volume of about E3bn (£2.6bn) at its disposal.
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NewsTesco to open new DC for dotcom and Express
Tesco is to open a new distribution centre later this year to service its dotcom and Express businesses.
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NewsJD Sports Fashion buys Irish chain Champion
JD Sports Fashion has bought Irish sports fashion retailer Champion.
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Wolverhampton shopping centre plans to be scrapped
Plans to build a £300m shopping centre in Wolverhampton look likely to be scrapped after a report for the council found that the financial risks of investing public money in the scheme are too great.
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NewsDRL increases SEO on customer reviews
Appliance etailer DRL has increased conversions on its site after revealing the content of its customer reviews to search engines.
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NewsStaffing changes hit Games Workshop
Staff cuts hit first-half sales and profits at wargames specialist Games Workshop and the retailer is now determined to improve customer service.
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NewsMatalan festive like-for-likes slump 4.5%
Value retailer Matalan said like-for-like sales slid over Christmas after its stores were cut off by the snow in December.
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NewsFoyles to open first shop outside London in 70 years
Bookseller Foyles is to open its first shop outside London for 70 years, in Bristol’s Cabot Circus.
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NewsSignet restructures its marketing team
Jewellery giant Signet has restructured its marketing department to focus on individual brands.
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NewsLondon, Glasgow and Manchester best for town centre shopping
London, Glasgow, and Manchester offer the best town centre shopping experience, according to research from retail consultancy Verdict.
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Over 900 delegates confirmed for Retail Week Conference
Now in its 20th Anniversary year, Retail Week Conference 2011 brings together an outstanding line-up of retail leaders and industry experts.
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NewsFood prices will continue to rise, warn scientists
Food prices will soar 50% over the next 40 years because of supply shortages, according to scientists.