More on Me + Em – Page 2708
-
NewsElectricals battle heats up as Comet trials city centre stores in the North
Electricals giant Comet has taken the battle to deadly rival DSGi by opening two trial city centre stores.
-
NewsRetailers target Europe for low-risk expansion
Retailers are still keen to expand internationally despite the recession, although most are focusing on the more mature Western European markets to limit risk.
-
NewsKidrobot makes its UK debut
US toys, apparel and accessories retailer Kidrobot has opened its first standalone European store at Seven Dials in Covent Garden.
-
NewsMoss Bros uses James Bond-inspired promotion
As the Christmas party season nears, menswear specialist Moss Bros promoted its dresswear hire and delivery service with a James Bond-inspired abseiling stunt at its Covent Garden flagship.
-
NewsMajestic Wine ‘optimistic’ as six-bottle initiative lifts sales
Wine specialist Majestic Wine is “optimistic” about Christmas trading after reporting a better than expected UK interim like-for-like sales rise.
-
News
Burberry confident for Christmas as sales lift
Luxury retailer and brand Burberry is confident ahead of the crucial Christmas period.
-
NewsDebenhams buys Danish chain to extend presence
Department store operator Debenhams last week bought Danish department store group Magasin du Nord for £12.3m, providing a bridgehead into Europe.
-
NewsCity continues to back WHSmith
WHSmith’s trading update last week reinforced analysts’ bullish stance on the retailer.
-
NewsGrocers lead the way as retail shares rise
A raft of results generally in line with expectations and signs of corporate activity returning to the sector helped general retailers keep pace with the index, but food groups were the week’s stars.
-
NewsJulian Graves to overhaul brand and products
Holland & Barrett is to overhaul health food shop Julian Graves’ brand and product range from January as it gears up to make the chain a “specialist food retailer”.
-
NewsAsos confident rising sales can continue
Online fashion retailer Asos is confident that added investment in marketing and increased delivery options will help the continued growth of its UK business.
-
News
Sales at Shoppers Drug Mart increase 7.9%
Sales at pharmacy chain Shoppers Drug Mart increased 7.9% to C$3bn (£1.7bn) in the third quarter, with the retailer continuing to experience strong sales growth in all regions of Canada.Excluding tobacco products, same-store sales climbed 4.8%. Prescription sales rose 9.7% to C$1.5bn (£856.4m) during the quarter, accounting for 49.1% of ...
-
News
Costco highlights Asia as key growth region
Warehouse club operator Costco has highlighted Asia as a key growth region.In Japan, Taiwan and South Korea, Costco said it has the capacity to trade from 100 stores.In Australia, where it opened its first store in August, the warehouse club operator believe it can reach 20 stores. As a result, ...
-
News
FamilyMart to acquire Am/pm Japan
Convenience retailer FamilyMart is to acquire Am/pm Japan for ¥12bn (£80.1m) from parent company Rex Holdings.FamilyMart, Japan’s third largest convenience chain, plans to absorb Am/pm next year and will rebrand the stores over the next two years.The chain will be acquired in partnership with its main shareholder Itochu. The merged ...
-
News
RT Mart to launch flagship store in Beijing
Auchan subsidiary grocer RT Mart is to launch a flagship store in Beijing – its first in the city.The grocer, which is based in Taiwan, is fitting out the store at present and will be located in the city’s Chinatown Shopping Plaza.Auchan also recently announced plans to step up expansion ...
-
News
Dollar General floats on the New York Stock Exchange
Dollar General, the value retailer backed by private equity house KKR, floated on the New York Stock Exchange last week.KKR still controls 89.5% of Dollar General, which would be valued at $7.7bn (£4.6bn), based on the $716m (£427.8m) raised in the IPO.The retailer has been one of the winners in ...
-
News
US retail sales rose by more than expected in October
Retail sales rose by more than expected in October, largely due to a resurgent car market.Sales rose 1.4%, rebounding strongly after a revised 2.3% decline in September, according to figures from the Commerce Department.The increase was driven almost entirely by higher auto sales in October as demand returned following a ...
-
News
Ahold on hunt for targeted acquisitions again
Ahold is on the hunt for targeted acquisitions again.The retailer’s E2.6bn (£2.3bn) cash pile and very low debt levels – net debt stands at about E1.16bn (£1.03bn) – mean it can now pursue growth in new and existing markets.The retailer this month hired operational managers for its European and ...
-
News
Celesio reports a 2.9% fall in sales
Healthcare and pharmaceutical company Celesio has reported a 2.9% fall in sales to E2.54bn (£2.26bn) at its Patient and Consumer Solutions division for the first nine months of this year.Growth in local currencies was 6.1%. The division’s EBITDA declined by 3.3% to E218.6m (£194.8m). In local currency terms, this corresponded ...
-
News
Woolworths and Lowe’s win final approval to jointly set up hardware stores in Australia
Woolworths and Lowe’s, the US’s second largest home improvement chain, have won final approval to jointly set up big hardware stores in Australia, acquiring domestic hardware wholesaler Danks Holdings to act as their supplier.The Australian Competition and Consumer Commission said it allowed the takeover to go ahead after Woolworths and ...