More on Me + Em – Page 2669
-
NewsGame enters social networking arena
Entertainment retailer Game is trialling a social networking site.
-
NewsAlliance Boots closer to opening stores in Sweden
Alliance Boots has moved a step closer to opening Boots-branded pharmacies in Sweden by striking a tie-up with a company owned by the Swedish Association of Pharmacists.
-
NewsGeorge at Asda insiders tipped as favourites to succeed Thompson
Three internal candidates are among the front-runners to take over from Anthony Thompson as managing director of George at Asda.
-
NewsWHSmith festive sales slide but book market share grows
WHSmith has gained share in a dismal books market in which rival Borders collapsed and the boss of Waterstone’s stepped down following a terrible Christmas.
-
NewsBeales prospects improve as it slashes losses
Department store chain Beales reported a resilient full-year performance and reduced pre-tax losses by more than a third.
-
NewsJessops Plc delists as it moves to wind down
Jessops Plc officially delisted from the London Stock Exchange last week as shareholders voted to wind up the company after the core store business was sold to new company Snap Equity in September.
-
NewsJoin our high street fight
Retail Week’s Manifesto for the High Street is a campaign to bring retailers and politicians together to turn around the decline of Britain’s struggling high streets.
-
NewsDFS targets £1bn sales after record full-year results
DFS has laid out plans to top £1bn in sales after reporting record full-year profits despite the challenging furniture market.
-
NewsMorrisons’ new chief Dalton Philips is highly regarded
Loblaw chief operating officer Dalton Philips was appointed chief executive of Morrisons this week.
-
News
Walgreens to acquire pharmacies in Puerto Rico
US pharmacy retailer Walgreens is to acquire three pharmacies in Puerto Rico from local player El Amal, which filed for bankruptcy last year.As part of the deal, Walgreens has also agreed to buy prescription stock from a further 11 El Amal pharmacies. The sale is expected to be completed in ...
-
News
Leclerc's sales rose
Hypermarket chain E.Leclerc reported full-year group sales rose 5% to E29.4 bn (£25.7bn), excluding petrol, and 5.6% to E27.2bn (£23.8bn) in France.The retailer said the strong performance was due to its permanent price cuts, which were reinforcedin 2009. E.Leclerc also revealed that sales for its umbrella private label Marque Repère ...
-
News
More details on Priba
More details have been revealed about Auchan’s new discount format Priba, which is to launch at Mulhouse in eastern France.The logo for the banner will be coloured half apple green and half raspberry pink. Auchan intends to introduce new shopfittings and gondolas to the store, which is to be converted ...
-
News
Your Personal Store to expand in the Philippines
AS Watson-owned chain Watsons Your Personal Store is to expand in the Philippines as it eyes sales growth of 11% this year and targets more than 5% market share of the country’s PHP90bn (£1.21bn) beauty business.Watsons Philippines chief executive Robert U Sun said the company would convert up to 10 ...
-
News
Australian law modification
Australian Competition Minister Craig Emerson has unveiled planned changes to the Trade Practices Act to increase the Australian Competition and Consumer Commission’s powers to stop small-scale acquisitions.The changes are part of a long-standing election promise that appears aimed at Woolworths, which in recent years has been aggressively acquiring small stores, ...
-
News
Growth in Woolworths sales
Woolworths has announced in a preliminary statement that sales rose 9.3% in the 26 weeks to the end of 2009, increasing 4.4% on a like-for-like basis.Clothing and general merchandise sales grew 9.7%, while food achieved 8.9% growth.Less upmarket competitor Shoprite reported like-for-like sales growth of 6.4% for its first half ...
-
News
Macy's to launch outlet store
Macy’s-owned Bloomingdale’s plans to launch outlet stores.The first four outlet stores will open in the second half of the year, with two expected to be located in South Florida.The 25,000 sq ft stores will carry clothing and accessories for women, men and children. They will feature both new merchandise and ...
-
News
Walmart to cut jobs
Walmart plans to cut about 11,200 jobs at its Sam’s Club warehouse chain as it outsources its in-store product demonstrations.The move is part of an effort to improve sales at Sam’s Club, which has underperformed compared with the retailer’s other fascias.The cuts represent about 10% of the 600-store chain’s 110,000 ...
-
News
Target to expand to Canada
Discount retailer Target is making plans to expand outside the US, including a foray into Canada.The retailer wants to open its first stores outside its home country within three to five years. It is considering Canada, Mexico or Latin America as its most likely destinations.“As we approach each of these ...
-
NewsQS name to disappear as Store Twenty One grows
Value retailer QS is to disappear from the high street by 2011 as Mumbai-based owner Alok Industries ramps up conversions to its Store Twenty One fascia.
-
NewsStore acquisitions send Ryman profits rising
Stationer Ryman’s turnover soared 125% in the year to March 28 as the retailer reaped the rewards from the integration of Partners and Stationery Box.