More on Me + Em – Page 2590
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News
Aldi to open first New York store
US German hard discount retailer Aldi Süd is planning to open its first New York City store at the Rego Park II shopping centre in Queens, in early 2011.Aldi Süd operates more than 1,000 stores in 31 states in the US, primarily from Kansas to the East Coast. Last year, ...
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Opinion
The scale of the problem
A Retail Week breakfast on what the coalition Government means for retailers didn’t make happy listening.
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NewsOFT clears Sports Direct stake in Blacks
The Office of Fair Trading (OFT) has ruled that Sports Direct’s shares in Blacks Leisure did not create any competition issues.
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OpinionRetailers ready for global assault
It has seemed for some time that international growth had been off the agenda for retailers concentrating on keeping their domestic house in order during a tough trading environment. But a several fashion retailers are again pursuing opportunities overseas.
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NewsBlue Inc opens first store in Ireland
Men’s high street brand Blue Inc has opened its first store in Northern Ireland and expects to create over 100 jobs in the next 18 months.
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NewsSir Terry Leahy pockets £5.2m
Tesco chief executive Sir Terry Leahy was paid £5.2m in salary, bonus and shares last year.
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NewsSainsbury’s offers staff World Cup working hours
Sainsbury’s staff will be able to plan their shifts around “vital team matches” during the World Cup.
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NewsSelf-help measures drive Kingfisher quarterly profits rise
Improved gross margin and cost productivity helped DIY giant Kingfisher post a rise in first quarter profits despite a like-for-like sales fall.
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NewsNew West End Company partners with VisitBritain to increase West End tourism spend
The New West End Company, which represents 600 retailers on Bond Street, Oxford Street and Regent Street, has joined forces with VisitBritain to launch a campaign to lift UK visa restrictions in a bid to boost West End sales.
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NewsTheo Walcott axe delivers blow to M&S ad
A Marks and Spencer’s ad campaign suffered a blow when one of its stars, England striker Theo Walcott, was dropped from the England team.
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NewsTesco staff to receive record shares payout
Staff at Tesco will be rewarded today with their share of a £105m bonus pot in the grocery giant’s biggest ever shares scheme.
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NewsTopps Tiles profit falls in first half
Topps Tiles adjusted profit before tax and discontinued operations fell from £8.7m to £7.8m in the 27 weeks to April 3 as consumer confidence remains subdued.
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NewsNew Look profits climb 17.7%
New Look has reported strong growth in sales and profits for its full year to March 27 with underlying operating profits for the fashion group ahead 17.7% to £163m.
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NewsCo-op hires independent directors to bolster food board
The Co-operative Group has appointed two independent directors to bolster the board of its food subsidiary.
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OpinionProperty on the board
The crossover of retailers and landlords on each other’s boards can only be a good thing.
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NewsGeorge Davies to launch kidswear chain in Middle East
Fashion entrepreneur George Davies is to open a 60-store kidswear chain in Saudi Arabia and Egypt.
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NewsApple iPad global sales hit 2 million
Apple iPad global sales have hit 2 million since the tablet launched two months ago, exceeding recent figures for its Mac laptop and desktop computers.
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NewsInditex and H&M break into new markets
Two of Europe’s largest fashion retailers Inditex and H&M have taken their first steps into new growth markets this week; with Inditex opening its first store in India and H&M announcing its first opening in Turkey.
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NewsKarren Brady joins Arcadia board
Karren Brady, vice chair of West Ham United football club, is to join the board of Arcadia, it has been reported.
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NewsOcado appoints five further banks for IPO
Online grocery retailer Ocado has appointed five further banks to prepare for its planned flotation in July.