More on Me + Em – Page 2608
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NewsAndy Clarke tipped to take over as Asda CEO as Darren Blackhurst leaves
Asda chief operating officer Andy Clarke is tipped to take over as chief executive and chief merchandising officer Darren Blackhurst has left the grocer, Retail Week has learnt.
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NewsTesco to launch 50% off clothing Sale
Tesco will launch a 50% Sale on its clothing website on Friday May 7 to celebrate the site’s first six months of trading.
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NewsWeaker April sales round off stronger first quarter at Gap
Gap sales fell in April after a more positive first quarter where sales grew 6% to $3.3bn (£2.2bn) and like-for-like sales lifted 4% in the three months to May1.
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OpinionAsos adds more cool to the second-hand market
Hand-me-downs and second-hand clothes have never been so popular – vintage has become a look all in its own right - and there is no shame any more in wearing other people’s clothes.
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NewsGoogle to launch ebook store
Google will go head-to-head with Amazon and Apple this year when it launches an ebook service.
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NewsMothercare eyes Blooming Marvellous
Mothercare is understood to be looking at buying baby and maternity retailer Blooming Marvellous to boost its clothing offer.
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NewsPoundland embarrassment for Boots
Product identical to Boots No7 and Botanics lines is being sold in Poundland at a much lower price, it has emerged, potentially embarrassing the health and beauty giant.
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NewsSales momentum slows at Morrisons
Supermarket group Morrisons has reported a slowdown in sales during its first quarter, but said it was still winning customers.
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NewsIan Dyson leaves Marks & Spencer
Marks & Spencer has announced the departure of finance director Ian Dyson, just a day after Marc Bolland joined as chief executive.
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NewsWestfield London targeted by gang of robbers
Westfield London has been targeted by a gang of robbers who stole hundreds of thousands of pounds worth of jewellery.
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News
Shoppers Drug Mart sales up 5.7%
Drugstore chain Shoppers Drug Mart’s sales jumped 5.7% to C$2.32bn (£1.5bn) in the first quarter of 2010. The company continues to enjoy sales growth in all regions of the country, led by gains in Quebec and Western Canada. Like-for-like sales increased 3.1% over the quarter.Net earnings increased 8.2% to C$116m ...
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Office Depot sales fall 4.7%
Office Depot saw sales fall 4.7% to $3.1bn (£1.9bn) during the three months to March 27, 2010. Operating profit came in at $56m (£36m), compared with a loss of $60m (£39m) in the first quarter of 2009.Net profit was $29m (£19m), an improvement on the $55m (£36m) loss in the ...
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News
Jerónimo Martins Q1 profits up 30%
Grocer Jerónimo Martins posted a €42.3m (£36.8m) net profit for its first quarter, a 30% jump on the same period in the previous year.The retailer attributed the result to strong sales, which rose 21.8% to e1.96bn (£1.70bn), compared with the first quarter of 2009. Sales at its Biedronka discount supermarket ...
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C&A turnover flat at £5.56bn
Fashion retailer C&A generated turnover of e6.3bn (£5.5bn) in the year ended February 2010, up by just 0.03% on the previous year.Sales growth was seen in Belgium and Luxembourg (3.2%), in Austria (1.1%), in Germany (0.2%) and in its online business. But turnover dropped in Spain and Portugal (-2.6%), Eastern ...
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OpinionGuiding the guidelines
Two recent examples of draft guidelines relating to ecommerce show why retailers must be prepared to lobby if they don’t want to be stuck with unworkable rules.
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NewsCharles Dunstone warns of dangers of hung Parliament
Carphone Warehouse founder Charles Dunstone has backed a letter warning voters of the dangers of a hung parliament.
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NewsSainsbury’s to sponsor Paralympic Games
Sainsbury’s is to sponsor the London 2012 Paralympic Games, the largest ever sponsorship of a Paralympic Games.
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NewsShop price inflation rises to 2% in April
Shop price inflation rose to 2% in April, up from the 1.2% recorded in March.
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NewsNext remains ‘cautious’ as sales grow 4.1%
Total sales at Next grew 4.1% excluding VAT in the 13 weeks to May 1 but it said it remained “cautious” for the year ahead.