More on Me + Em – Page 2561
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OpinionThe best of both worlds
We could use some of the US’s ambition, but they can keep their food, says Malcolm Walker
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OpinionFocus on margins will be key to higher profits
It should be a statement of the obvious that selling more stuff but not making any more money out of it is no strategy for retailing. Yet in the relentless vanity-driven obsession with market share and like-for-like growth, the basics of making money sometimes get forgotten.
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OpinionDon’t be pilloried over pay
How striking that it is typically top-flight retailers that become embroiled in AGM fisticuffs.
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GallerySummer Sales: Clearing the decks
The summer Sales are in full swing ahead of the arrival of early autumn stock. John Ryan toured the West End to assess the offers
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GallerySelfridges Nike stadium Selfridges, London
England may have endured World Cup failure, but for the polyglot masses thronging Oxford Street, there is still everything to play for. Which is perhaps where Selfridges scores with its pop-up stadium located in the basement of its central London flagship.
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NewsFashion Retail Academy ambitions
Arcadia owner Sir Philip Green hopes retailers will back his ambitions to open more shopkeeping schools after the success of the first.
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OpinionRetail surgery: Some businesses have used Google AdWords to great effect during the World Cup. How can we do the same for future events of this scale?
Some businesses have used Google AdWords to great effect during the World Cup. How can we do the same for future events of this scale?
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OpinionRetail surgery: A competitor is opening pop-up shops in unusual places. Should we open one or more, or have we missed the boat on this trend?
A competitor is opening pop-up shops in unusual places. Should we open one or more, or have we missed the boat on this trend?
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NewsBest Buy’s UK chief Paul Antoniadis quits
Paul Antoniadis stuns observers with resignation just 12 weeks after the electricals giant’s UK launch
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News
Outdoor retailer Tiso back in the black
Scottish outdoor retailer Tiso has bounced back into the black after posting a pre-tax profit of £1.2m in the year to January 31 as it lays out plans for expansion.
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NewsOcado 'won't comply' with governance code
Ocado has admitted that its board of directors will not comply with the UK Corporate Governance Code that regulates best practice when it floats on the stock market.
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NewsVuvuzela warning sounded
Shops in the UK selling vuvuzelas could face serious financial consequences because of question marks over the name.
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NewsSales and margins rise at JJB Sports
JJB Sports has reported a like-for-like sales rise and improved gross margin in recent weeks.
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NewsPrimark sales climb 17%
Value fashion giant Primark has reported 17% sales growth and “strong” operating margins during an “excellent” year to date.
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News
Merchandising chief John Fleming leaves Walmart
Walmart has revealed another key executive change in the US.Bill Simon, recently appointed as president and chief executive of Walmart US, has announced that chief merchandising officer John Fleming has made a personal decision to leave the company.As a result, Simon has asked Jack Sinclair, executive vice-president and general manager, ...
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News
LVMH to acquire 70% of Brazil’s Sack’s
France-based luxury and specialty retail group LVMH is to acquire a 70% stake in Sack’s, a leading online retailer of fragrances, cosmetics and toiletries in Brazil.The operation will form part of the group’s beauty store operation, Sephora, and the acquisition will mark Sephora’s entry into the Brazilian market.Sephora is expected ...
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Aditya Birla opens 8th Hydrabad hypermarket
Grocer Aditya Birla has opened its eighth hypermarket in Hyderabad, and taken the opportunity to reiterate its aggressive expansion and private-label strategies.Chief executive Thomas Varghese said that Aditya Birla intends to grow private-label sales to 30% across the FMCG, clothing and general merchandise categories. The group expects to be EBITDA ...
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Fast Retailing enters JV to bring Uniqlo to Malaysia
Japanese fashion retailer Fast Retailing has established a joint venture in Malaysia to develop its Uniqlo chain in the southeast Asian nation.The partnership has targeted the end of 2010 for the opening of the country’s first Uniqlo store, but this could be brought forward to as early as this autumn.“We ...
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Australia’s Metcash acquires Franklins chain
Grocer Metcash has agreed to acquire the 85-strong Franklins supermarket chain in New South Wales from South Africa-based Pick n Pay for about Aus$215m (£119m).Following the acquisition, Metcash is planning to sell the stores on to the independent IGA retailers, which it supplies as a wholesaler, with the potential ...