More on Me + Em – Page 2567
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NewsTesco rapped over Asda price comparison ad
Supermarket giant Tesco has been censured by the Advertising Standards Authority (ASA) for the second time in a year for making “ambiguous and misleading” claims.
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NewsFormer Toys R Us manager ordered to repay £3.36m
A former Toys R Us manager who stole more than £3m from the company to pay for call girls, luxury cars and houses has been ordered to repay a majority of the cash or face another ten years in prison.
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NewsConsumer confidence falls in run up to Budget
Consumer confidence has fallen again as spending cuts and speculation around tax rises in the lead up to the Budget dampened confidence in June.
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NewsTesco sells log cabins
Tesco already sells most of anything shoppers could ever need and now it is adding flat-pack log cabins to its portfolio.
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NewsWorld Cup hits current trading at HMV but profits rise 17.7%
The World Cup has hit current trading at HMV but the entertainment group remains confident as it enacts its strategy to evolve the product mix, develop its live music and ticketing business and turn around bookseller Waterstone’s.
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NewsTesco to raise £950m in property deal
Tesco is to undertake a sale and leaseback deal to raise £950m, it is understood.
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NewsWalmart appoints new US head
Walmart has appointed Eduardo Castro-Wright to president and chief executive of Global.com and Global sourcing while Bill Simon is promoted to president and chief executive of Walmart US.
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Opinion
Nick Samuel
The untimely death of former Hobbs chief executive Nick Samuel was very sad news.
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NewsFormer Hobbs chief executive Nick Samuel dies
Nick Samuel, former chief executive of womenswear retailer Hobbs and former finance director of womenswear chain Karen Millen has died.
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NewsTesco to grow 50% by 2014, report predicts
Supermarket group Tesco is expected to grow by 50% to become a $146bn (£97bn) business by 2014, according to Planet Retail’s 2010 Global Retail rankings.
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NewsCharles Tyrwhitt invests to improve customer data
Multichannel menswear retailer Charles Tyrwhitt is working with Experian QAS to improve its customer contact data management system to help reach its sales targets.
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NewsOnline retail to grow by £8bn
The size and pace of online retail growth will outstrip the broader retail market in the next two years according to PayPal.
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NewsApple sold 1.7m iPhone 4s in first three days after launch
Apple sold 1.7m iPhone 4s in its first three days, making it the most successful product to be launched in Apple’s history.
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NewsCurrys to honour promotional promise on Frank Lampard goal
Electrical retailer Currys has brought some cheer to downcast England fans with a decision to recognise Frank Lampard’s incorrectly disallowed goal against Germany as part of its World Cup promotion.
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NewsJacques Vert makes pre-tax profit of £5.1m
Womenswear clothing retailer Jacques Vert has posted pre-tax profits of £5.1m for the 52 weeks to April 24.
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NewsActivist investor builds stake in Kesa
Activist investor Knight Vinke has built up a 3% stake in Anglo-French electricals retailer Kesa, owner of the Darty and Comet chains.
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NewsCarpetright profit surges as UK business improves
Carpetright pretax profit grew from £16.7m to £22.3m in the year to May 1.
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News
US Senate backs cap on debit card fees paid by retailers
The US Senate has voted in favour of including a cap on debit card fees in the financial services reform bill.
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NewsAldi invests in solar energy project
Aldi has installed a set of solar panels on the roof of its West Oxford store in a partnership with West Oxford Community Renewables Ltd (WOCR) and solar technology supplier Joju.