More on Me + Em – Page 2650
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NewsFashion drives strong week for John Lewis while lottery win boosts Waitrose bacon butty sales
Department store chain John Lewis recorded an uplift in turnover of 15.1% to £51.9m last week.
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NewsConsumer confidence rises in February
Consumer confidence improved again in February and people are more optimistic about the year ahead.
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NewsTesco fires up Dobbies
Tesco-owned garden centre chain Dobbies is to unveil a new model store next week as part of ambitious plans to quadruple its number of shops to 100 over the next 10 years.
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AnalysisA customer-focused supply chain
The sentiments expressed by many during Retail Week’s Supply Chain Summit that took place earlier this month in London showed that there is more supply chain executives can do for retail businesses than simply cut costs.
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AnalysisAndy Bond: Asda is ready for battle ahead
Asda hasn’t become ‘boring’ and is approaching 2010 in an aggressive mood with a raft of new initiatives, chief executive Andy Bond tells Jennifer Creevy
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NewsSelfridges tests debut transactional website
Selfridges has launched a beta version of its eagerly anticipated transactional website.
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AnalysisSupply Chain Summit: The customer is king
The challenges facing supply chains continue, but at the Retail Week Supply Chain Summit retailers agreed the customer is becoming ever more important. Joanna Perry reports
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NewsAnalysts speculate on Marc Bolland’s plans at M&S
Marc Bolland does not take the helm at M&S until May, but analysts are already speculating about what he may do.
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AnalysisThe benefits of local sourcing
Local sourcing can not only be cost effective, it can help build community ties, says Liz Morrell
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NewsHalfords gets thumbs up for car servicing centre deal
Investors have given the green light to motor accessories group Halfords’ £73.2m acquisition of Nationwide Autocentres and are confident of the deal’s merits.
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NewsKingfisher to beat forecasts despite sales dip
DIY giant Kingfisher reported a like-for-like drop of 3% in constant currency in the 13 weeks to January 30 but the retailer still expects to beat profit forecasts. Group revenue decreased 1.6% to £2.3bn.
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NewsCarpetright targets Europe and high street for expansion
Flooring specialist strives for ‘service like Sainsbury’s and value of Tesco’ as it ramps up growth
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NewsPrimark sales outpace expectations in first half
Primark reported first-half like-for-like sales growth of 8%, coming in ahead of the expectations of parent company Associated British Foods (ABF).
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NewsFindel mulls offloading home shopping brands
Findel is understood to be planning to divest two of its home shopping brands, Confetti and I Want One of Those.
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NewsMike Ashley’s intervention hits Blacks shares
General stores and food retailers both had a dull week, with each sector lagging the market.
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NewsTraditional toys aid Modelzone growth
Model and hobby retailer Modelzone is benefiting from consumers returning to more traditional toys and games, with like-for-like sales up 7% last year.
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NewsVente-Privee UK to branch out into non-fashion
Private sales site Vente-Privee will push into categories beyond its core fashion offer as it chases growth in the UK.
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NewsQuiksilver and Roxy campaign to raise water shortage awareness
Quik thinking Boardwear brands Quiksilver and Roxy are launching a pan-European ad campaign online and in stores to raise awareness of water shortage.
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News
Loblaw net income up 19.3%
Loblaw reported that net income soared 19.3% to C$550m (£309m) for the financial year to January 2, 2010. Total sales declined 0.2% to C$30.8bn (£17.3bn) while same-store sales slid 1.1%.Executive chairman Galen Weston said: “As we enter 2010 we continue to expect sales and margins to be challenged by deflation ...
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News
Edeka considering expansion abroad
Grocery market leader Edeka is considering expansion abroad with its recently strengthened Netto discount banner, The Financial Times Deutschland reported.The retail group is said to be planning to open stores in foreign markets “in five years’ time at the latest”, preferably in Central and Eastern Europe but not necessarily in ...