More on Me + Em – Page 2463
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NewsTesco predicts biggest ever Christmas
Tesco is predicting its biggest ever Christmas this year, backed by extended opening hours, expanded ranges and more services on offer.
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NewsJohn Lewis mid-week sales up 12%
John Lewis has reported sales up 12% from Sunday to Wednesday this week, with trade strong across its sectors.
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Abercrombie & Fitch to open a flagship store in Dublin city centre
Fashion retailer Abercrombie & Fitch may open a flagship store in Dublin city centre, according to Irish newspaper The Herald. The news follows the recent announcement that the retailer is planning to open a Hollister store in Dublin’s Dundrum Centre. It is understood that Abercrombie & Fitch is in advanced ...
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Metro profit rises 10.6% to #7bn
Grocery retailer Metro recorded a 10.6% increase in net earnings for the year ended September 25, on sales up 1.3% to CAD11.34bn (£7bn). Net earnings reached CAD392m (£241m) versus CAD354.4m (£218m) last year.During the fourth quarter earnings climbed to CAD93.4m (£57.5m) from CAD84.4m (£52m) a year ago, on sales up ...
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Loblaw like-for-like sales drop after acquisition
Grocer Loblaw has reported sales of CAD9.6bn (£5.9bn) in the 16 weeks ended October 9, up from CAD9.5bn (£5.95bn) in the previous year, helped by the acquisition of Asian supermarket chain T&T.Like-for-like sales declined 0.4%. Gross profit increased by CAD152m (£94m), or 7%, to CAD2.3bn (£1.4bn) in the third quarter. ...
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Target Q3 sales up 3% to £9.5bn
Discount superstore operator Target has reported its financial results for the third quarter ended October 30. Retail sales increased 3% to $15.2bn (£9.5bn), from $14.8bn (£9.2bn) in 2009, due to a 1.6% increase in like-for-like sales combined with the contribution from new stores. EBIT for the retail segment came in ...
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Sears Holdings records £136m loss
Department store retailer Sears Holdings recorded a loss of $218m (£136m) for the three months ended October 30, from $127m (£80m) during the prior-year period. Sales declined 4.9% to $9.7bn (£6bn), primarily as a result of a 4.8% decrease in domestic like-for-like sales.The retailer said that results were hurt by ...
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NewsB&Q gives customers January Sale "sneak preview" this weekend
B&Q is going on Sale this weekend as it gives customers a “sneak preview” of its January Sale.
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Falabella Q3 profit rockets 236.8%
Falabella has reported net profit of CLP81.9bn (£102m) for its third quarter, 236.8% above the figure for the same period last year.Revenues for the period rose by 21.6% to CLP1.08trn (£1.3bn). The company opened five supermarkets during the period, one in Chile and four in Peru. In Peru Falabella also ...
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Carrefour considers Dia sale
Carrefour is reportedly considering the sale of its discount business Dia. According to reports the retailer has entrusted French bank BNP Paribas with a “strategic audit” of its discount business worldwide. A member of the retailer’s executive committee was quoted as saying: “The sale of Dia had already been considered ...
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X5 Retail Group launches provincial format under Pyaterochka-Maxi
X5 Retail Group has launched a new small town/provincial format operating under the Pyaterochka-Maxi banner in its domestic market. The first store opened at the Avtobus shopping centre in Syzran, in the Samara region.Pyaterochka-Maxi is a superstore-sized warehouse club with a sales area of 38,000 sq ft. It offers 7,000 ...
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Woolworths profit to rise between 8% and 11% in 2011
At its AGM, Woolworths chief executive Michael Luscombe said the company had experienced an extraordinary couple of years and profit would remain on course to rise between 8% and 11% in the 2011 financial year. Luscombe spoke of how Woolworths was preparing for its entry into the home improvement business ...
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NewsValentino for Gap launches on Saturday
Valentino’s collection with high-street retailer Gap will launch in its London flagship store this Saturday.
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NewsAlexon Group like-for-likes edge up 0.4%
Womenswear group Alexon, which includes the Ann Harvey and Kaliko chains, experienced a marginal group like-for-like sales rise for the period from August 1 to November 23, and remains cautious on the outlook.
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NewsDixons cuts interim losses and overhauls service offer
Electricals market leader Dixons Retail has posted interim results in line with expectations but cautioned that consumer confidence remains fragile.
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NewsSelfridges footwear sales soar
Footwear sales at Selfridges have soared by 71% on the back of the department store’s leading Shoe Galleries area which opened in September.
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NewsKiddicare launches app and mobile site
Online nursery retailer Kiddicare has today launched an iPhone app and mobile friendly version of its site.
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NewsVAT in Ireland to rise to 22% in 2013 as minimum wage is reduced
The Irish Government will increase VAT from 21% to 22% in 2013 as part of its austerity package to cut its huge deficit.
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NewsMarks & Spencer unveils rail distribution plans as part of Plan A
Marks & Spencer is to shift a proportion of its distribution from road to rail as part of its Plan A sustainability programme.