More on Me + Em – Page 2697
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News‘Son of Zavvi’ Head Entertainment starts closing down Sales
Head, the entertainment chain set up by the boss of defunct music retailer Zavvi, is understood to be closing its four stores less than a year after opening.
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NewsJD Sports sells stake in JJB Sports
JD Sports Fashion has sold its shares in rival sports retailer JJB Sports.
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NewsVAT to return to 17.5% in January
Chancellor Alistair Darling has confirmed in his pre-budget report that VAT will return to 17.5% on January 1, 2010.
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OpinionA hangover from Monday’s online retail madness
This Monday was predicted to be the zenith of the Christmas trading peak online, but the take away from 2009 is that retailers must make their own luck online.
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NewsHMV hires former Amazon executive as head of online
HMV has appointed former Amazon executive Sarah Hughes as head of online.
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NewsBoots celebrates 160th anniversary
Alliance Boots has reiterated its ambitions to become a global brand as the health and beauty retailer celebrates its 160th anniversary.
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NewsPrimark has ‘best ever’ day in London
Primark’s flagship store on London’s Oxford Street is reported to have had its best-ever trading day on Saturday.
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NewsBRC shop price inflation flat
Overall shop price inflation edged up marginally in November to 0.2%, according to the BRC-Nielsen Shop Price Index.
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NewsMorrisons and Waitrose star as recession recedes in grocery
Morrisons, Asda, Sainsbury’s and Waitrose all continued to grow their share of supermarket spending in the 12 weeks to 30 November, with Morrisons managing an all-time record share of 12.1%.
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OpinionCan’t win ’em all
Nokia’s failure to make its Regent Street store work shows that a great location is no guarantee of retail success.
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NewsPark Group sales up in ‘encouraging’ market
Christmas hamper and corporate gift voucher specialist Park Group has posted interim figures for the six months to 30 September 2009 up 6% on the same period last year and reported orders for Christmas 2010 “well ahead of last year at this stage”.
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NewsRetail sales rise in November against dire performance in 2008
Retail sales values rose 1.8% on a like-for-like basis in November, in a worse-than-expected performance against a dire November last year.
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NewsGame like-for-likes drop 15.1%
Game’s group like-for-likes slumped 15.1% in the 44 weeks to December 5, but the retailer claimed it had continued to take market share.
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NewsTesco reports solid Q3 UK growth, but lower than some City estimates
Tesco has reported a steady sales growth in the UK in its third quarter, but lower than some analysts had expected.
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NewsToast opens Cheltenham pop-up store
Toast, the French Connection-owned fashion, accessories and homewares retailer, has opened a pop-up store in Cheltenham that will become permanent in February.
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NewsLondon West End reports best trading day in two years
More than £200m went through the tills in the West End on Saturday as three miles of London’s shopping streets were pedestrianised.
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NewsJohn Lewis reports record week
John Lewis has notched up its best ever week, with sales in the week to Saturday £1m ahead of its previous record week set in 2007.
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OpinionThe duck’s nuts
The two-year-old Pets at Home store in New Malden shows how retailers that know their business are comfortable with evolving a format, refining it and constantly looking to improve what’s already there.
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NewsTesco targets upmarket grocers in price war
Tesco is to ramp up its price cuts this week targeting the upmarket grocers with heavy discounts on its Finest range.
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NewsDSGi to sue legal advisers over French loss
Consumer electricals giant DSGi is reportedly to sue its own legal advisers for as much as €1m over alleged mistakes in closing down the retailer’s business in France.