More on Me + Em – Page 2426
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NewsMulberry Christmas like-for-likes surge 70%
Luxury goods specialist Mulberry will beat profit expectations after a storming Christmas.
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NewsGrocers act to improve product information accuracy as mobile commerce grows
Retailers including Tesco and Sainsbury’s have signed up to a service designed to help them hold more accurate product information and take better advantage of multichannel and mobile commerce.
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NewsCredit insurers vow not to pull plug on retailers
Insurers insist there won’t be a repeat of the withdrawal of cover despite HMV’s woes
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NewsInflation threat could prompt trading down
Shoppers are increasingly likely to switch supermarkets or swap to cheaper brands in the face of soaring food price inflation.
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NewsRestructuring specialist plots turnaround of HPJ Jewellers
Gordon Brothers understood to be negotiating rents on stores but has administrators on standby
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News
Massmart H2 sales increase 13.3% to £2.5bn
Massmart - the company in which Walmart intends to take a 51% stake before the end of March this year - has announced its preliminary financial results for the six months to the end of December, 2010.Sales increased 13.3% to R27.5bn (£2.5bn). Like-for-like sales jumped 7.3%. The Mass discounters division ...
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NewsIn Focus: Clinton Cards vs Card Factory
Clinton Cards is one of the retailers blaming the snow for a disappointing Christmas, accompanied by a profit warning.
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NewsMobile Fun to up its reach with more websites
Mobile phone accessories etailer Mobile Fun is to expand further into Europe with the launch of websites in the Netherlands and Spain after notching up a record Christmas.
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NewsGeneral retailers up but grocers subdued
Last week’s Super Thursday round of updates brought plenty of depressing news as big names such as Dixons and Halfords warned that profits would only make the low end of expectations.
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NewsBurberry’s sales rocket at retail and wholesale arms
Burberry’s sales soared 27% to £470m in the three months to December 31, when the upscale fashion group’s retail and wholesale arms both achieved double-digit growth.
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NewsHalfords insists slip in bike sales is temporary
Analysts have cut their forecasts on the back of Halfords’ worse-than-expected Christmas trading update.
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NewsPoor UK Christmas update prompts Tesco share drop
Tesco’s disappointing UK Christmas update resulted in a 4% drop in its share price last Thursday but the grocer insisted its performance was a blip because of the snow.
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NewsGoldsmiths launches new fascia in bid to attract younger shoppers
Jewellery giant Aurum is to launch a new fascia under its Goldsmiths brand as it seeks to attract a younger, more fashion-conscious customer.
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NewsSainsbury's opens its first sandwich shop, Fresh Kitchen
Sainsbury’s is hoping to grab a slice of the £13bn lunchtime market with the opening of its first sandwich shop, Fresh Kitchen.
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NewsMultichannel focus for Original Factory
Value department store The Original Factory Shop is to introduce click-and-collect and home delivery on product bought in its stores as it seeks to ramp up its multichannel operation.
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NewsAsos shifts focus to international sales with new website launches
Fashion etail giant Asos expects overseas sales to overtake its UK division in the next quarter as it plans to launch “a handful” of new international websites over the next 12 to 18 months.
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NewsSky's the limit
Prime Minister David Cameron flagged the importance of retail links between the UK and Scandinavia and the Baltic as he met leaders from the region.
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NewsTesco launches attack on Asda price promise
Tesco has squared up to Asda by taking out double-page spreads in several national newspapers this week, challenging Asda’s claim to be 10% cheaper than its rivals.
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NewsThe Conran Shop cashes in on pre-VAT rise spend
Upmarket retailer The Conran Shop has revealed a strong Christmas trading update as shoppers sought to beat the VAT increase.
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NewsSecond management buyout could save troubled British Bookshops and Stationers
Collapsed chain British Bookshops and Stationers could be revived under its existing management, which is understood to be attempting a second management buyout within a year.