More on Me + Em – Page 2553
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NewsBlacks like-for-like sales fall 7.5%
Like-for-like sales fell 7.5% at Blacks Leisure in the 17 weeks to June 26.
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NewsShop Direct full year losses narrow
Littlewoods owner Shop Direct said its pre-tax losses narrowed from £114m to £21m in the year to April 30 after a year of “significant restructuring”.
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NewsOcado IPO priced at 180p
Ocado has priced its IPO at the bottom end of its revised price range after investors baulked at the original valuation.
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NewsOcado lowers its IPO price range
Ocado has lowered the anticipated price range for its IPO to between 180p to 200p.
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NewsTesco and Asda market share slips during World Cup
Tesco and Asda’s market share slipped during the World Cup, despite aggressive promotions and an increase in sales growth since June.
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OpinionSilly Season
Listing the Milton Keynes shopping centre is a victory for pressure groups over the public at large.
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NewsSome FSA responsibilities handed to Defra and DoH
Some of the Food Standards Agency (FSA) responsibilities will be transferred to the Department of Health (DoH) and the Department of Food, Environment and Rural Affairs (Defra), the Government has confirmed.
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NewsMarks & Spencer unveils flagship Bradford distribution centre
Marks & Spencer officially opens a 1.1m sq ft state-of-the-art distribution centre in Bradford today in a key step in its Project 2020 business improvement programme.
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NewsAmazon selling more e-books than hardcovers
Amazon.com has sold more e-books than hardcovers – nearly half again as many – over the last three months, the company has revealed.
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NewsGant to close Bond Street store
Fashion retailer Gant will close its Bond Street store in London when its lease comes to an end in September.
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NewsLosses widen at Findel
Home shopping group Findel has increased losses to £76.1m in its full year to April 2, from £57.4m the year before.
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NewsOcado secures 80% of orders for IPO shares
Ocado is understood to have secured orders for about 80% of the shares it is seeking to sell in its flotation.
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NewsOnline sales rise 20% in June
The warm weather and summer sporting events helped lift online retail sales by 20% in June.
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NewsAndy Street says private sector pay is ‘out of control’
John Lewis managing director Andy Street has said that UK executive pay is “out of control”.
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Opinion
Stars of the future
The judging day for Retail Week’s Rising Star Awards showed that the future of retail is in safe hands
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NewsSelfridges celebrates early Christmas
While the country prepares to bask in a mini-heatwave, Selfridges is getting into the spirit of Christmas and is gearing up to open its Christmas store earlier than ever before.
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NewsArgos files law suit over toxic sofas
Insurers to Argos have launched a £13m law suit against the leather technology supplier in connection with the toxic sofas the retailer sold to consumers.
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NewsMiss Sixty in legal feud over CVA
Fashion retailer Miss Sixty is reportedly embroiled in legal proceedings with British landlord Mourant & Co Trustees which could lead to rescue packages such as Company Voluntary Arrangements (CVA) becoming harder to implement.
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NewsLondon sales up 14.4% in June
Sales in London soared 14.4% on a like-for-like basis in June with the warm weather and improving consumer confidence helping sales in the capital.
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NewsDebenhams completes refinancing
Debenhams has confirmed that it has completed the refinancing of its borrowing facilities, with the signing of a new £650m credit facility.