More on Me + Em – Page 2600
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NewsArgos to launch iPhone app
Argos will release an iPhone Application to take advantage of more consumers using Apple mobile devices to access its website.
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NewsIceland’s Malcolm Walker defends former Baugur boss Jóhannesson
Iceland chief executive Malcolm Walker spoken up for Baugur founder Jón Ásgeir Jóhannesson, who was forced to stand down as chair of the grocer yesterday.
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NewsAsda Q1 like-for-likes fall 0.3%
Asda’s like-for-like sales excluding VAT and petrol have fallen 0.3% in its first quarter and the grocer expects conditions to remain tough.
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NewsHMV shuffles management team
HMV has made two senior management appointments as the retailer continues its “strategic development as a multichannel entertainment brand”.
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NewsScrewfix adopts ‘British Football Time’ opening hours during World Cup
Screwfix, the Kingfisher-owned trade DIY chain, will switch its trading hours to “British Football Time” for England matches during the World Cup.
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NewsJohn Lewis unveils new locations for home stores
John Lewis announced it will open a further two ‘At Home’ stores in an effort to continue widening its customer base.
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NewsTrade credit insurer demands more transparency
Credit insurer Coface is demanding more transparency from businesses in return for trade credit insurance.
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NewsInflation hits 3.7% in April
Consumer price inflation (CPI) rose in the year to April to 3.7%, according to the Office for National Statistics.
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NewsOFT to probe Sports Direct stake in Blacks
The Office of Fair Trading is investigating Sports Direct’s stake in Blacks Leisure which it won ownership of in a High Court claim last week.
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NewsAsda staff to pocket £47m
Asda staff are to pocket an estimated £47m following the maturity of a three-year Walmart sharesave scheme.
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NewsLondon sales growth slows in April
London retail sales increased 3.6% on a like-for-like basis in April, with growth hit by the early timing of Easter and the volcanic ash cloud, according to the British Retail Consortium-KPMG London Retail Sales Monitor.
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NewsRetailers to battle for premium market share
The premium end of the market is set to take over from value as the biggest battle ground for market share, according to market analyst Verdict.
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NewsBaugur boss stands down from Iceland board
Former Baugur boss Jón Ásgeir Jóhannesson has stepped down from the board of frozen food specialist Iceland and confirmed that he has also retired from the House of Fraser board after a $2bn fraud lawsuit was filed against him in the US.
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OpinionTopshop Scunthorpe. Go there… in six months
When Topshop opens in Knightsbridge later this week, it will be interesting to see what Arcadia’s in-house design team come up with — and whether they will end up in, say, Scunthorpe.
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NewsPhase Eight in management buy-out
Phase Eight, the womenswear retail chain, is set to be taken over by its management in a deal backed by Russian investors, ending its links with the private equity arm of Icelandic bank Kaupthing.
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NewsH&M like-for-likes decline 6% in April
H&M’s group like-for-like sales fell 6% in April compared with the same month last year.
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NewsPeacocks considers sale
The owners of Peacocks Group are considering appointing advisers to examine the value retailers’ options as it mulls a possible sale, it is understood.
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NewsGeorge Osborne to unveil Budget on June 22
New Chancellor George Osborne will unveil his first Budget on Tuesday June 22.