More on Me + Em – Page 2564
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NewsIn focus: Sainsbury’s
Retail Week Knowledge Bank’s recent Sainsbury’s profile update highlights this issue for a business that has arguably been buying sales growth and market share at the expense of fully restoring operating margins
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News
Michael Kors closes in on Regent Street store
US upmarket shoes and accessories retailer Michael Kors is to open its second UK store on Regent Street in the shop formerly occupied by opticians Dollond & Aitchison.
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NewsEBay to include barcode scanner in iPhone apps
EBay is planning to integrate barcode scanning technology into all of its iPhone apps, following the acquisition of barcode technology company RedLaser last week.
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NewsDouble-dip recession fears spook the City
Renewed fears of a double-dip recession following austerity measures put the frighteners on the market on Tuesday, when every FTSE 100 stock fell.
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NewsJacques Vert to pay first dividend in 15 years
Womenswear retailer Jacques Vert will pay a dividend for the first time in 15 years following a swing to profit last year.
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NewsCarpetright eyes sales boost ahead of January VAT rise
Carpetright expects a sales fillip this autumn as consumers buy ahead of January’s VAT rise, and has posted an increase in preliminary profits.
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NewsNew Liberty owner outlines plans for fewer brands with greater depth
Marco Capello, the new owner and chairman of Liberty, has outlined plans to scale back the department store’s brands to focus on increasing its depth of offer.
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NewsTheo Fennell set to shine again after cutting losses
Upmarket jeweller Theo Fennell is on track to return to profit next year following a restructure, the return of its eponymous founder and plans to launch an affordable range.
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NewsBeales on a roll as profits leap 67%
Department store group Beales is poised to roll out men’s young fashion departments into all stores and make further acquisitions following a leap in pre-tax profits.
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NewsMatalan reaps rewards of investment
Value fashion and homewares retailer Matalan has reported a 30% increase in profits, driven by investment in products, stores and people.
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NewsHarrods to open own-label boutiques
Harrods is to drive its burgeoning own-label offer with the opening of in-store boutiques for the eponymous clothing and accessories ranges.
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NewsDisney insists sparkle will return despite dip
Disney Stores has slipped back into the red in the year to October 3 after posting a pre-tax loss of £11.3m compared with a profit of £2.8m the year before.
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NewsIndustry pays tribute as former Hobbs chief Nick Samuel dies
Former Hobbs chief executive Nick Samuel has been remembered by the industry as an innovator with a passion for retail and tireless energy.
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NewsBig-ticket retailers plan to turn timing of the VAT increase to their advantage
Big-ticket retailers are putting plans in place to capitalise on the timing of the VAT increase that takes effect on January 4.
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NewsCocosa boss stands down to join Farfetch
Cocosa managing director Andrew Robb has stepped down from the invitation-only luxury fashion etailer to join Farfetch, a website that pulls together independent retail businesses, as chief operating officer.
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NewsJJB Sports on the hunt for marketing director
JJB Sports is seeking a marketing director as part of a move by chief executive Keith Jones to strengthen his senior management team.
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NewsDixons campaign will aim to change image
Electricals group Dixons - which is readopting its original name and abandoning the DSGi moniker - is to launch an advertising campaign later this year in an attempt to change what it claims are outdated shopper perceptions.
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NewsTom Hunter puts shoe chain Office up for sale with £200m price tag
Retail entrepreneur Sir Tom Hunter has put his footwear chain Office up for sale, with a potential price-tag of £200m.
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NewsWaterstone’s turns over new leaf with stores refit
Bookseller Waterstone’s is remodelling 20 of its regional flagships as part of its renewal programme to turn around the business, which has revealed a slump in full-year profits.
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NewsGrocers face muted growth, warns Bond
Asda chairman Andy Bond has cautioned that grocers face “two years of muted growth” as shoppers continue to tighten their belts in the tough climate.