More on Me + Em – Page 2557
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News
Mercadona to invest in new supermarkets
Supermarket chain Mercadona will invest €51m (£42.8m) in the opening of between 17 and 20 new supermarkets in the Balearic Islands over the next five years, according to external relations director Juan Antonio German.Mercadona will open 10 stores in Mallorca, three in Menorca and another four in Ibiza. The company ...
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News
Metcash chairman to retire
Metcash has announced that chairman Carlos dos Santos will retire following the company’s AGM in September. Dos Santos said it had been a “privilege’” to be with the grocery and liquor wholesaler through its success over the past 12 years.Metcash recently acquired Pick n Pay’s chain of Franklin stores in ...
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News
Clive Peeters takeover officially completed
Electricals retailer Harvey Norman’s takeover of Clive Peeters was officially completed on July 8. It purchased 32 of the 38 Clive Peeters and Rick Hart stores and confirmed that staff from the New South Wales stores earmarked for closure would be interviewed for potential employment elsewhere in its network. It ...
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News
Fast Retailing sales up 23%
Fast Retailing, owner of Uniqlo, reported a sales rise of 23% to ¥659.1bn (£4.94bn) for the first nine months of fiscal 2009/10. The fashion retailer reported a profit rise of 35% to ¥67.2bn (£503.4m) for the period, which ended May 31. Fast Retailing is forecasting sales of ¥815bn (£6.08bn) for ...
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News
Apple opens Shanghai flagship
Consumer electronics giant Apple has unveiled its second flagship store in China. The store, which opened on July 10, is located near Shanghai’s famous Oriental Pearl Tower, in the city’s financial district.“We are thrilled to open the first of many new stores in China in this incredible location,” said Apple ...
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News
Makro plans 20 small-format stores
Cash and carry chain Makro, owned by Metro Group, plans to have 20 stores of the small-sized Makro Punct concept in the mid-term. Four stores are due to open within this year, according to Makro Poland managing director Uwe Hölzer.The stores are focused on fresh food and a higher private-label ...
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News
Ahold and Schwarz face Czech monopoly probe
Dutch retailer Ahold and Germany-based Schwarz Group are the subject of an investigation launched by the Czech anti-monopoly office UOHS into suspected abuse of market positions. UOHS said it was investigating whether the retailers abused their market power in the central European country, but gave no further details. Under Czech ...
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Opinion
M&S AGM highlights
Today’s M&S AGM was the usual entertaining - and quintessentially English - affair.
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NewsShareholders pass all resolutions at Marks & Spencer AGM
All resolutions, including the controversial remuneration report, have been passed by the shareholders in the room at another high spirited M&S AGM.
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NewsDebenhams invests in food service system for store cafes
Debenhams will integrate a food services system from Torex with its existing EPoS system.
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NewsJigsaw losses almost double
Jigsaw parent company Robinson Webster Holdings reported a loss of £7.3m in the year to October 3 2009, almost double the £3.7m loss recorded the previous year.
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NewsThe Co-operative to roll out contactless payment
The Co-operative is set to become the first major grocery retailer to roll out contactless payment in its stores.
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NewsThorntons like-for-likes slump 6%
Thorntons has reported like-for-like sales are down 6% in its fourth quarter, which it said in part is due to higher than anticipated discounting of excess stock which it has now cleared.
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NewsTopps Tiles Q3 sales improve
Topps Tiles like-for-like sales decline has softened to -1.2% in the 13 weeks to July 3.
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NewsAsos sales up 54%
Sales for online fashion retailer Asos grew 54% to £61.7m in its first quarter to June 30, with sales from its international business continuing to grow at over 100%.
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NewsNRF releases m-commerce guide
The National Retail Federation has revealed the first version of its Mobile Retailing Blueprint.
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News
Irish fashion retailer ploughs £250,000 into retail systems
Irish fashion retailer and knitwear manufacturer Carraig Donn has chosen Futura’s EPoS software and retail management system to play a key role in the company’s export-led expansion plans.
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News
Freemans Grattan cuts bad debt with credit scoring system
UK home shopping group Freemans Grattan Holdings expects to cut customer debt by up to 33% with an analytics system.
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NewsHome Bargains ups security on delivery vehicles
Home Bargains, has invested in Manta electronic seals to increase security and eliminate unauthorised access to its transport fleet.
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NewsPaperchase bought in management buy out
Paperchase has been bought in a £30m management buyout backed by private equity group Primary.