More on Me + Em – Page 2562
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News
Harvey Norman acquires rival Clive Peeters
Electricals retailer Harvey Norman has announced that it has bought competitor Clive Peeters following its entry into voluntary administration after a difficult trading period.The company paid A$55m (£30.4m) for the 38 operating Clive Peeters and Rick Hart shops.The deal is expected to add between Aus$300 and Aus$400m (£166.1 and £221.5m) ...
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News
Amazon launches food offer in Germany
Amazon has launched its online shop for groceries in the country, with 30,000 items, including vegetables, meat, fish and baked goods as part of the offer.The products are offered by Amazon and 60 partners with whom the retailer has teamed up. Delivery will remain the same as Amazon’s normal service ...
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News
Germany’s Woolworth emerges from insolvency
Variety store operator Woolworth has formally emerged from insolvency, following its integration into the Tengelmann group. Of the formerly about 300-strong portfolio, which was reduced to 162 under administration, about 150 have now been transferred to the new owners.The group of owners consists of Tengelmann and HH Holding, the group ...
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News
Sligro set to take over Sanders
Grocery wholesaler and retailer Sligro is about to take over regional supermarket operator Sanders. Sligro said it expects that an agreement will be reached on the acquisition of Sanvier, the operator of 22 Sanders supermarkets in the Twente region and a meat processing business. Both Sanders and Sligro are members ...
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News
Bed Bath & Beyond to spend £150m on IT and stores
Bed Bath & Beyond has announced plans to spend $225m (£150m) on IT, new store openings and a store refresh initiative.The retailer plans to open about 55 to 60 stores across all of its concepts in fiscal 2010.Bed Bath & Beyond co-chairman Leonard Feinstein said: “We continue to work to ...
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Opinion
£119.95 lamb anyone?
Amazon’s trial food range would only suit the weirdest palates, but the fact it’s doing it is still bad news for Ocado.
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NewsWhole Foods UK sales fall, but losses reduce
Sales fell at upmarket grocer Whole Foods’ five UK stores in the year to last September, but the company managed to slash its operating loss in the period.
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OpinionShowcasing store technology
The finals of the skillVM visual merchandising competition last week made me think about the best place for in-store technology in the future.
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NewsAmazon launches UK food offer
Amazon has launched a grocery offer in the UK offering thousands of household goods and food.
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NewsHed Kandi to open first store in Bluewater
Music and lifestyle brand Hed Kandi has confirmed its first move into retail with a store opening in the Bluewater shopping centre in August.
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NewsShop price inflation slowed to 1.5% in June
Shop price inflation slowed to 1.5% in June after slowing to 1.8% in May, according to the BRC-Nielsen Shop Price Index.
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NewsClinton Cards issues profit warning
Clinton Cards has issued a profit warning and expects its full year profits to remain flat as the greetings card retailer is hit by weaker trading, particularly in Ireland.
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NewsMarks & Spencer like-for-likes leap in first quarter
Marks & Spencer has reported a 6% surge in general merchandise like-for-likes in the first quarter, when the retailer wooed clothing shoppers with “improved styling, stronger fashions and great value.”
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NewsOcado outlines target depot and delivery efficiencies
Ocado has outlined the delivery and depot efficiencies it is aiming to reach at its Hatfield depot in a bid to maximise profitability.
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Opinion
End of term
It was graduation day at the Fashion Retail Academy today, and Sir Philip Green’s initiative seems to be equipping its graduates well for the workplace.
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NewsSir Philip Green aims to open more retail academies
Arcadia owner Sir Philip Green is considering opening more shopkeeping schools after the success of London’s Fashion Retail Academy.
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NewsLloyds sells TM Lewin stake
Lloyds Banking Group is to sell its portfolio of 40 private equity investments including shirtmaker TM Lewin.
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NewsHeston Blumenthal to launch new food range for Waitrose
Celebrity chef Heston Blumenthal has developed a range of food for Waitrose customers allowing them to try some of his more eccentric offerings.
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NewsTesco understood to be interested in Carrefour’s Asian operations
Tesco is understood to be among the leading supermarket chains interested in parts of French giant Carrefour’s assets in Singapore, Thailand and Malaysia.
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NewsOcado expects £1.18bn IPO valuation
Home shopping group Ocado has set a price range of between 200p to 275p per share for its IPO and expects a market capitalisation of about £1.18bn.