More on Me + Em – Page 2703
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NewsMarks & Spencer engages with shoppers on Facebook
Marks & Spencer director of store marketing and design Nayna McIntosh fielded questions on pre-Christmas discounting and controversial Christmas ads in a live web chat on Facebook on Tuesday.
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NewsDreams targets Yorkshire in store expansion
Dreams has embarked on an expansion plan to open 40 shops over the next two years.
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NewsHobbyCraft on course for its ‘best ever year’
Arts and crafts retailer HobbyCraft is heading for its “best ever year” as the trend for low-cost family activities continues to grow.
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NewsNew Comet system slashes IT calls
Comet has cut calls to its IT service desk by 40% following the introduction of an IT service management system from Hornbill.
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NewsGlasgow extension opens
Hamleys and H&M were among the first stores to open their doors in the new £100m extension to Ivanhoe Cambridge’s St Enoch shopping centre in Glasgow yesterday.
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NewsTurnaround on horizon for Blacks after successful CVA
Blacks Leisure will focus on refreshing its portfolio after its company voluntary arrangement (CVA) was passed by landlords, shoring up its future.
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NewsFundraising to help Topps Tiles expansion
Topps Tiles will use funds raised from a proposed placing of 17.1 million shares, equivalent to 10% of its existing capital, to refocus on UK expansion as consumer confidence returns to the home sector.
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NewsRetail sales at Ted Baker rise as UK fares well
Retail sales at fashion retailer Ted Baker climbed 19.8% over the 13 weeks to November 14, as strong UK sales growth offset difficult trading in overseas markets.
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NewsHalfords first-half profits power on
Motoring and leisure group Halfords is confident of meeting full-year profit expectations after reporting a strong first half.
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NewsFood falls as Marc Bolland quits at Morrisons
Last week’s shock news that Morrisons chief executive Marc Bolland is leaving to head Marks & Spencer helped pull down the food sector relative to general retailers.
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NewsWestfield assures on charges at Stratford
Westfield has attempted to allay retailers’ fears about rising service charges at its upcoming Stratford development in east London.
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NewsSainsbury’s takes Tesco site after competition ruling
Sainsbury’s has bought a former Co-op site in Slough after previous owner Tesco was ordered to sell it by the Competition Commission.
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Gap profits rocketed 25% in its third quarter
Gap profits rocketed 25% in its third quarter, helped by growing sales at its Old Navy fascia.Total sales rose 1% to $3.59bn (£2.17bn) for the quarter to October 31. Like-for-like sales at Old Navy were up 10% against an 18% fall the year before.The fashion retailer is focused on gaining ...
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Jürgen Kluge to take over as chairman of Metro Group’s supervisory board
The designated chief executive of German conglomerate Haniel, Jürgen Kluge, will also take over as chairman of Metro Group’s supervisory board in 2010.Kluge will be appointed as Haniel chief executive in January and then in a few months to the position at Metro, Haniel’s most important holding.The reshuffle is understood ...
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Carrefour plans to double store in Malaysia by 2012
French Grocer Carrefour plans to double store numbers in Malaysia to 40 by 2012. Chief executive Guillaume de Colonges said the expansion was in line with its strategy of positioning itself to be the top foreign hypermarket operator in the country.He added that the retailer was committed to growth in ...
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Retailers step up their Black Friday efforts
Retailers have stepped up their Black Friday efforts this year in an attempt to attract more shoppers to their stores during the US’s biggest shopping weekend beginning today.Department store group JC Penney (pictured) is offering more than 100 deals, an increase of 15% compared with last year. Walmart is also ...
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GameStop reports third-quarter total company sales up 8.2%
GameStop has reported third-quarter total company sales up 8.2% to $1.83bn (£1.12bn).New software sales rose 9.4%, while used product sales increased 19.4%, on top of the 19.3% increase in the third quarter of 2008. Like-for-like sales decreased 7.8%, attributable primarily to a decline in new video game hardware sales.
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Sears reports £78m net loss
Sears has reported a $127m (£78m) net loss for the third quarter ending October 31.Revenues declined $470m (£288m) to $10.2bn (£6.2bn) due to lower like-for-like sales and 56 fewer Kmart and Sears full-line stores. However, this was partially offset by an increase of $42m (£26m) due to the impact of ...
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Ahold posts a 22% uplift in third-quarter net profits
Ahold posted a 22% uplift in third-quarter net profits, but warned competition will intensify in the run-up to Christmas.The Dutch grocery group said earnings from one of its US chains, Giant-Carlisle, had been hit by intense competition from Walmart. Group net profit in the three months to September 30 was ...
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Media Markt signs joint venture contract with Foxconn Technology Group
Metro Group-owned consumer electronics retailer Media Markt has signed a joint venture contract with Taiwan-based electronics and computer parts manufacturer Foxconn Technology Group.It plans to opens its first store in Shanghai in mid-2010. Foxconn will hold 25% in the joint venture and Media Markt will have 75%. Initially, Media Markt ...

















