More on Me + Em – Page 2739
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NewsAurora appoints Mike Shearwood as chief executive
Aurora Fashions has appointed Mike Shearwood as chief executive.
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NewsAmazon launches standalone footwear site Javari
Amazon UK has launched its standalone footwear and handbag site, Javari.co.uk.
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NewsPets at Home assesses IPO potential
Specialist retailer Pets at Home has moved closer to a flotation with the appointment of JP Morgan Cazenove as joint sponsor, joint bookrunner and joint global coordinator.
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NewsNew John Lewis Cardiff store ‘huge success’
The “huge success” of the new John Lewis shop in Cardiff typified a week in which fashion items helped boost the department store chain’s sales to £51 million, up 4.7% compared with last year.
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NewsCompetition test to limit grocers’ local expansion
The Competition Commission has said it will press ahead with tougher planning hurdles to stop supermarkets dominating local markets.
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NewsSimon Bentley plots return to troubled Blacks Leisure
Former Blacks Leisure chairman and chief executive Simon Bentley is understood to be plotting a return to the outdoors specialist as it battles to secure its future.
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NewsBorders demands switch to monthly rent payment
Borders UK has written to landlords demanding an immediate switch from quarterly to monthly payments as September’s quarterly rent day hit.
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NewsHalfords mobilises SMS text-and-reserve service
Halfords has launched a text-and-reserve service to add to its multichannel proposition.
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NewsOnline retailers welcome postcode system for Republic of Ireland
Retailers have welcomed the revival of plans to introduce a national postcode system in the Republic of Ireland and believe the move should help catalogue and online businesses operate efficiently there.
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Hudson’s Bay Co considers IPO
Department store operator Hudson’s Bay Co is considering a public stock offering in the first half of 2011.President and chief executive Richard Baker said that although “nothing’s final”, the company was in talks over a listing on the Toronto Stock Exchange. “The offering could include all or part of Hudson’s ...
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Rite Aid Q2 sales down 2.7%
Year-on-year sales at pharmacy chain Rite Aid declined 2.7% to $6.3bn (£3.9bn) for the second quarter to August 29.The slide was attributed primarily to store closures and non-pharmacy same-store sales. Overall, same-store sales fell 1.1% for the quarter, with a 4.9% decrease in non-pharmacy sales and a 0.8% increase in ...
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Casino hypermarket format targets women
Hypermarket operator Casino has launched a store format targeting female shoppers.Located in Montpellier, France, the Géant Casino Odysseum has a sales area of 130,000 sq ft and focuses on fresh produce, private labels, textiles, homewares and leisure categories.Signage throughout the store is designed to connect with the customer, with sections ...
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Polish retail sales continue to rise in August
Polish retail sales continued to rise in August, increasing 5.2% year on year.The increase follows a 5.7% rise in July.A stable unemployment rate of 10.8% helped drive demand. This is in sharp contrast with nearby Hungary, where unemployment continues to rise, partly due to a decline in demand for Hungarian ...
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Carrefour enters Iranian market
Four months after opening its first store in Pakistan, Carrefour has entered the Iranian market via its Middle Eastern franchise partner, Majid Al Futtaim (MAF). The first hypermarket opened in Tehran. As in Pakistan, the store trades under the Hyperstar banner, rather than Carrefour.The store, which is open seven days ...
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Cencar expands loyalty programme
Carrefour’s operator in Thailand, Cencar Co, is stepping up its customer loyalty and retention programmes to better compete with rivals Tesco Lotus and the Casino-owned Big C chain.The retailer has dedicated THB50m (£937,894) towards the “Carrefour Month 2009” campaign, which will reward loyalty cardholders with discounts at 37 stores ...
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Pantaloon Retail sales up 31%
Pantaloon Retail’s net sales rose 31% to INR76.69bn (£994.8m) for the year to June 30.Net profit at the group, which is Indian’s largest retailer, plummeted from INR219.3m (£2.84m) the year before to INR100.7m (£1.3m).The decline was primarily due to rising employee costs, depreciation and interest charges.Kishore Biyani, chief executive of ...
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Aldi records £39m profit in Australia
Aldi’s discount store network in Australia delivered a profit of AUD72.6m (£39.19m) last year, on total Australian sales of AUD1.85bn (£998.6m).Aldi, which entered Australia in January 2001 and recently opened its 200th store there, has been profitable for the past three years. ”We have strong expansion plans for Australia ...
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NewsBoots eyes more drive-throughs after trial success
Boots is to expand its drive-through pharmacy business on the back of soaring sales at its trial location.
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NewsIndigo scores for Marks & Spencer as sales hold firm
Marks & Spencer has hailed the launch of its Indigo casualwear range a success after selling 350,000 items since its debut at the start of September.
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Bay to ditch two thirds of shops in concession focus
Bay is to exit two thirds of its shops as it drives its concessions business and launches an online operation.