More on Me + Em – Page 2658
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NewsHalfords buys Nationwide Autocentres for £73.2m
Motor accessories group Halfords has bolstered its service and repair operations with the £73.2m acquisition of 224-outlet Nationwide Autocentres.
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News
US giant Walgreens buys Duane Reade
US health and beauty retailer Walgreen has bought New York-based chain Duane Reade for $1.075bn.
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OpinionBanks versus boffins
The banks need to think carefully about how they deal with security flaws in Chip and PIN technology if they are to maintain the trust of merchants.
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NewsBurberry to restructure Spanish arm
Luxury heritage brand Burberry is to restructure its Spanish arm in a bid to bring the division in line with the global business.
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NewsMulberry raises outlook after strong trading
Luxury leather goods and clothing brand Mulberry has raised its full year outlook following a strong Christmas trading period.
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NewsHouse of Fraser asks banks to relax lending terms
House of Fraser has asked its banks to relax lending terms on its borrowings to give it headroom to buy more stock.
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NewsThorntons sales drop but profits up
Thorntons has reported a 0.7% drop in sales in its interim results but a 24.6% increase in pre-tax profit.
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News‘Boring’ Asda prepares fightback
Asda bosses have conceded that the grocer has become ‘boring’ and laid out plans to tackle its underperformance, Retail Week has learned.
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NewsPaperchase ‘chastened’ by Twitter uproar over copied artwork
Paperchase has withdrawn four products and apologised to an artist whose work was copied in their design after a week of intense online criticism of the retailer.
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News
VAT increase pushes inflation up to 3.5% in January
The Consumer Prices Index rose to 3.5% in the year to January, up from 2.9% in December, according to the Office for National Statistics.
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NewsGrowth of international discount supermarkets slows
Discount supermarkets are facing a slowdown in growth as competition from more mainstream competitors and brands start to impact on their sales.
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NewsNewcastle’s Eldon Square opens £170m extension
The £170m extension of Newcastle’s Eldon Square shopping centre opens today introducing new retailers to the city along with key flagship stores.
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NewsThe Body Shop reports resilient trading
The Body Shop has reported total retail sales up 1% and like-for-like growth at up 0.7% in its full year 2009 figures.
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NewsTesco extends Clubcard double points offer
Tesco has extended its double Clubcard points offer until the summer, piling further pressure on rivals to keep up promotions.
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OpinionOn consistency
If you happen to stroll into Habitat’s Tottenham Court Road flagship, the chances are good not only that you’ll find what you what, but that the service will be helpful, well-informed and that the store environment will encourage you to hang around. But it’s a somewhat different proposition elsewhere.
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NewsEndless considers bid for Ethel Austin
Turnaround specialist Endless is reported to considering a bid for collapsed value retail chain Ethel Austin.
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NewsHalfords mulls £30m Blacks bid
Outdoor specialist retailer Blacks Leisure is reported to be the latest bid target for Halfords.
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NewsSainsbury's claims to be world's biggest Fairtrade retailer
Sainsbury’s has claimed it has become the world’s biggest retailer of Fairtrade products after hitting sales of £218m in the past year.
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NewsH&M sales up 1% in January
H&M’s like-for-like sales rose 1% in the month of January compared with the same month last year.
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NewsSupergroup announces intention to float
Supergroup has announced its intention to raise £125m by floating on the London Stock Exchange.