More on Me + Em – Page 2722
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NewsTrade buyers circle as Habitat pursues sale
International trade buyers are circling struggling furniture retailer Habitat as its owner considers whether to sell the business.
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NewsWaterstone’s denies distribution trouble
Waterstone’s managing director Gerry Johnson has attempted to pacify the City by breaking his silence over problems at the bookseller’s centralised distribution centre, as analysts remain divided on the impact it will have on the business.
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NewsJones Bootmaker plots store expansion
Jones Bootmaker has laid out expansion plans as it prepares for a strong festive sales period.
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NewsNon-food woe continues to drag down retail sales
High street sales remained flat between August and September, with a good performance in food outweighed by non-food retailers continuing to struggle.
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News‘Perverse’ rates rises lambasted as MP urges Government to defer
Central London MP Mark Field has launched a scathing attack on the impending business rates increases.
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NewsShop Direct to launch Christmas ad campaign
The retailer will launch an £18m multichannel Christmas ad campaign for Littlewoods and Very.co.uk on Sunday.
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NewsDebenhams to restart store revamps after sales stabilise
Debenhams is to resume its store refurbishment programme after revealing sales stabilised last year.
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NewsSales leap helps Carpetright exceed forecasts
Carpetright has revealed a better than expected first half after an improvement in the second quarter.
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NewsJD Sports in frame to buy football centres business
Speculation is circulating that JD Sports Fashion is planning to gatecrash a £42.5m takeover of five-a-side football chain Powerleague, where rival retailer Sports Direct’s acting chairman Simon Bentley is a director.
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NewsSports Direct to battle on for stakes
Sports Direct has vowed to fight on for ownership of stakes in rival retailers after apparently losing control of them to the administrator of collapsed Icelandic bank Kaupthing.
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NewsWeak retail sales data hits non-food shares
Uncertainty about prospects was sparked by cautious comments from Arcadia tycoon Sir Philip Green as he unveiled full-year results, even though the CBI’s monthly retail survey was better than expected.
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NewsDon’t ditch Royal Mail, urges Amazon chief Brian McBride
Amazon UK chief executive Brian McBride has urged retailers not to turn their backs on Royal Mail as strike action continues to threaten online retailers.
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NewsAsos’s launches its outdoor advert campaign
Fashion etailer Asos launched its first outdoor ad campaign last Friday.
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Harvie & Hudson opens first store in two decades
London-based upmarket shirt retailer Harvie & Hudson is to open a store for the first time in 23 years.
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NewsMicrosoft launches its first retail store in Arizona
Microsoft has launched its first retail store, at Scottsdale in Arizona.
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Spencer’s to focus on hypermarkets and private labels to improve profitability
Food and general merchandise retailer Spencer’s is to focus on hypermarkets and private labels in an attempt to improve profitability.The retailer, which is owned by Indian conglomerate RPG Group, will invest INR1bn (£12m) in rolling out 10 hypermarkets and 15 small-format stores this financial year. It also wants to double ...
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Quelle to close
German mail order retailer Quelle, owned by embattled department store owner Arcandor, is to close after attempts to sell it failed.Up to 7,000 employees are set to lose their jobs. Arcandor, which also owns the Karstadt department store chain, filed for bankruptcy protection in June. The German government had granted ...
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Carrefour to expand in China
Despite ongoing speculation in the Chinese press that Carrefour is coming under shareholder pressure to exit China, it is to expand its presence in the Chengdu region with two new hypermarkets this year, and more in 2011.General manager of central and western China Arnaud Dupont said Chengdu had “huge market ...
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RadioShack reports a 3.1% decline in net sales
For the third quarter ending September 30, 2009, RadioShack reported a 3.1% decline in net sales to $990m (£606m).Comparable same-store sales for company-operated stores and kiosks declined 2.9%, driven primarily by sales declines in digital-to-analog converter boxes, laptop computers, batteries, wireless accessories, and GPS products.Operating income plummeted 18.3% to $69.4m ...
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Metro Group starts work on first cash & carry stores in Egypt
Metro Group has started work on the first of potentially 23 cash & carry stores in Egypt. The store, in Cairo, is scheduled to open early next year. Metro originally intended to enter the market in late 2009 but then postponed it to 2010. The plan involves having a network ...