More on Me + Em – Page 2752
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NewsFrench Connection posts loss
French Connection has revealed interim losses which forced it to close its Northern European retail division and make staff cuts to bolster profitability.
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NewsJohn Lewis Partnership profits fall, despite Waitrose's strength
The John Lewis Partnership has posted a 19.6% slide in half-year profits, despite a resurgent performance from its Waitrose supermarket chain.
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NewsKingfisher profits climb
B&Q owner Kingfisher reported that measures to improve its UK and Ireland business were paying off after it reported a 35% rise in half-year profits.
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OpinionRetail demands more online rising stars
At last week’s Retail Week Rising Stars Awards the number of glamorous, successful and technology-savvy ladies in the room showed just how well retail is adapting to ecommerce.
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NewsTesco turns to Inovis for supplier support
Tesco has appointed Inovis to help it get its thousands of grocery and non-food suppliers up to speed with the electronic trading system it wants them to use.
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NewsOcado appoints investment banker as new FD
Ocado has appointed seasoned investment banker Andrew Bracey as its chief financial officer, fuelling speculation it is gearing up for an IPO.
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NewsInditex net income drops but sales remain strong
Fashion giant Inditex has reported an 8% drop in net income in its first half, but grew sales strongly.
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NewsHints of Scottish retail optimism
The Scottish Retail Consortium said it sees “hints of optimism” in the high street after sector like-for-like sales rose 0.8% in August, compared with a year earlier.
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NewsRetailers urge EU caution over Sri Lanka
UK retailers are calling on the European Commission not to penalise Sri Lankan workers or British shoppers in a human rights row.
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NewsNext raises annual earnings forecast
Fashion retailer Next has raised its annual earnings forecast after delivering a 6.9% rise in first-half pre-tax profit to £185.5m.
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NewsGrocery data divides opinion on Clubcard 2 impact on Tesco
The latest market data from analysts TNS Worldpanel and Nielsen gave a contrasting picture of the impact of Tesco’s Clubcard 2 double loyalty points launch in August.
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NewsBest Buy profits slide in second quarter
US electricals giant Best Buy, which will open its first big-box stores in the UK next spring, has posted a 22% fall in profits for its second quarter.
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NewsFalling food prices drive lower CPI inflation
The Consumer Prices Index annual inflation rate fell to 1.6% in August compared to 1.8% in July.
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NewsEU sanctions could hit clothing imports from Sri Lanka
Retailers including Next, Marks & Spencer and Tesco could have their clothing supply from Sri Lanka hit as the EU looks set to withdraw funding from the country.
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NewsNew stars poised to join Marks & Spencer Christmas campaign
Marks & Spencer is reported to have signed television stars Joanna Lumley, John Sergeant and Stephen Fry to star in its key Christmas advertising campaign.
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OpinionUK shopping centres lead the way
For retailers coming into the European market, the UK’s shopping centres are the most appealing place to start.
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NewsDebenhams on track to hit profits despite sales fall
Debenhams has forecast a rise in annual profit despite store revamps impacting on the retailer’s sales.
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NewsDunelm sales recovery in the second half
Value homewares retailer Dunelm has reported pre-tax profit is up 6.8% to £52.5m in its full year results, helped by a strong sales recovery in the second half.
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NewsShop Direct brings in chief to run financial services arm
Home shopping group Shop Direct has brought in Neil Chandler in a newly created role of chief executive of its financial services arm.
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News
Retailers braced for Dan Brown frenzy
Booksellers are bracing themselves for blockbuster sales of a book tipped as the biggest publishing event since JK Rowling’s Harry Potter and the Deathly Hallows two years ago.