More on Me + Em – Page 2538
-
OpinionRetail surgery: How do we go about increasing our store conversion and repeat purchase rates?
How do we go about increasing our store conversion and repeat purchase rates?
-
OpinionRetail surgery: Can we compete with the biggest retailers when it comes to marketing ourselves on our sustainability policies?
Can we compete with the biggest retailers when it comes to marketing ourselves on our sustainability policies?
-
Opinion
The Tech Guys
IT budgets are holding firm, but retail CIOs are being asked to do more with them, particularly around multichannel
-
OpinionCan Mango realise its ambitions on global rivals?
As far as Spanish fashion giants go Mango has very much languished in the shadows of Zara owner Inditex which is the undoubted leader of international fashion retail.
-
News
Hutchison Whampoa reports sales for its retail division grew 8% to £4.63bn
AS Watson’s parent, Hutchison Whampoa, has reported sales for its retail division grew 8% to HK$57.5bn (£4.63bn). EBIT increased 52% (54% in local currencies) to HK$2.8bn (£226m). The group reported weak consumer sentiment in some of its operating markets, but attributed the profit improvement to top line growth through organic ...
-
News
Conglomerate Mercator to acquire the retail business of Coka
Slovenian-based retail conglomerate Mercator has signed an agreement to acquire the retail business of Serbian company Coka. Mercator says the move will boost its position as the second-largest retailer in Serbia. Under the strategic partnership agreement between Mercator S and Coka Holding, the subsidiary of the Slovenian grocer will obtain ...
-
NewsJohn Lewis to advise on 'big society' projects
Retailer John Lewis, the UK’s best-known mutual company, is to advise public sector organisations on how to improve by involving staff.
-
NewsBangladesh called upon to increase minimum wage
The Ethical Trading Initiative has backed calls for the Bangladeshi government to make a further increase in the minimum wage.
-
News
OfficeMax Q2 sales decline
Stationery specialist OfficeMax reported a 0.3% decline in sales to $1.7bn (£1.1bn) for its second quarter ending June 26. Its retail segment experienced a 0.5% fall in sales to $773m (£484m). Like-for-like sales were down by 0.3%.OfficeMax chairman and chief executive Sam Duncan said: “Based on our performance in the ...
-
News
CVS to roll out Redbox DVD rental kiosks
Drugstore operator CVS will roll out Coinstar’s automated Redbox DVD rental kiosks at locations across its mainland US, Puerto Rico and Longs Drug outlets in Hawaii. The roll-out, which follows a successful pilot programme, will start this quarter with about 700 installations by the end of this year and is ...
-
News
Barnes & Noble considers sale
Barnes & Noble’s board of directors is to consider selling the company as part of an evaluation of strategies to increase stockholder value. The board believes the retailer’s shares are significantly undervalued.Evaluating strategic alternatives will be overseen by a committee of four independent directors who will make recommendations to the ...
-
News
Burlington Coat Factory announces sales rose 4% to £456m in Q2
Burlington Coat Factory has announced that net sales for its second quarter ending July 31 rose 4% to $728.8m (£456m). Like-for-like sales increased 0.3% for the quarter. Chief executive Tom Kingsbury said: “We are pleased to report our second consecutive quarter with a positive like-for-like sales performance, which contributed to ...
-
News
Whole Foods Market reports net income rocketed 53.5% in Q3
Whole Foods Market reported net income rocketed 53.5% to $65.7m (£41.1m) for its third quarter. Total sales increased 15% to $2.2bn (£1.4bn), while like-for-likes were up 8.8%. Whole Foods also boosted sales through a focus on opening smaller stores. Co-chief executive Walter Robb said: “We know that the economy is ...
-
News
Grupo Pão de Açúca to roll out Extra Supermercado fascia
Grupo Pão de Açúcar is to convert 170 CompreBem and Sendas supermarkets to a new fascia Extra Supermercados, by the end of 2011. 16 stores have already been converted, comprising 10 CompreBem in São Paulo and six Sendas in Rio de Janeiro.The retailer plans to convert 61 stores by the ...
-
News
SM Investments' records retail division profits up 25% to £39m
Supermarket and department store operator SM Investments reported its retail division’s profits were up 25% to PHP2.8bn (£39m) in the first half. The growth was attributed to increased operational efficiency and economies of scale resulting from expansion. Total sales were up 12% to PHP63.4bn (£883m). President Harley Sy said: “We ...
-
NewsM&S kicks off nationwide student collaboration initiative
Marks & Spencer has teamed up with the Royal College of Art (RCA) to give its students the chance to create a collection for the chain’s Limited Collection.
-
NewsSuperdrug launches £9.99 value version of luxury skin cream
Health and beauty group Superdrug is to launch a £9.99 high street version of a luxury product more typically sold for £225.
-
NewsAlexon appoints commercial director to help turnaround
Womenswear group Alexon has appointed the former chief executive of lifestyle brand Animal, Kevin Keaney, to the newly created role of commercial director.
-
NewsFindel sells loss making arm
Home shopping group Findel has sold its loss- making arm CWIO to The Hut Group to help reduce its debt.