More on Me + Em – Page 2757
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NewsCash focus keeps Home Retail profitability on track
Home Retail Group has revealed better-than-expected second-quarter sales at Argos and Homebase.
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NewsSurge in profits at Morrisons
Morrisons has reported a leap in half-year profits to £449 million from £309m as the resurgent supermarket put on further strong sales growth.
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NewsN Brown emerges as front runner to buy High & Mighty
Home shopping giant N Brown has emerged as the front runner to buy outsized fashion retailer High & Mighty.
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NewsM&S succession favourite John Dixon promoted to board
Marks & Spencer has promoted food chief John Dixon, a leading contender to succeed chief executive Sir Stuart Rose, to the board with immediate effect.
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NewsSignet profits hit by tough trading
Pre-tax profit at US jewellery giant Signet fell 6.1 % in its second quarter to $38.5m (£23.3m) as trading remained difficult in its UK and US markets.
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OpinionThe long and the short of IT strategy
The mixture of strategy and tactics that the best retailers are employing to beat the recession is something that IT departments can learn from, and should champion through their businesses.
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NewsEBITDA and sales grow at House of Fraser
House of Fraser has given an solid update with EBITDA up 16% in the first half of the year.
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NewsThorntons shows recovery in second half
Thorntons has revealed 4.5% drop in pre-tax profit to £8.1m but showed signs of recovery in the second half.
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Henry Holland expected to be latest designer for Debenhams
Debenhams is expected to confirm that it has signed London Fashion Week designer Henry Holland as part of an expansion to its Designers at Debenhams range at its pre-close trading update next week.
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News
BT to open dedicated broadband demo stores
BT is preparing to open high street stores for potential new customers to be given demonstrations of its Total Broadband service.
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NewsDeflation returns to the high street
Shop prices have fallen on the British high street for the first time since February 2007, as the retail sector revealed a drop of 0.1% last month compared with inflation of 0.5% in July.
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NewsSales success for Laura Ashley
Laura Ashley has reported a 6.3% gain in half-year group sales to £127.8m, with increases across all product categories.
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NewsSports Direct lifts profit forecast
Sports Direct has raised its annual earnings forecast after enjoying a jump in sales during the summer.
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NewsHarold Tillman will maintain Aquascutum’s luxury position
Jaeger boss Harold Tillman said he will maintain Aquascutum’s luxury position and sees great opportunity for the brand.
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NewsNew Look to launch online TV show
Fast fashion retailer New Look is to launch a weekly online interactive TV show to be distributed by YouTube.
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NewsHigh & Mighty administration likely as sale looms
Niche clothing trailblazer High & Mighty, which specialises in men’s outsize fashion, is to be sold in a process likely to involve a pre-pack administration.
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OpinionThe real enemy of independent retailers
Multiple retailers often get the blame when independent stores go out of business. But they’re not the biggest threat to the existence of small specialist retailers.
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Topman to expand Oxford Street flagship
Topman will expand its flagship store on London Oxford Street to 23,000sq ft later this month.
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NewsShop workers hardest hit in recession
The retail industry has seen the largest rise in people claiming jobseekers’ allowance in the last year, according to the Trades Union Congress (TUC).
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NewsTesco continues to invest in Fresh & Easy
Tesco is continuing to invest in its US Fresh & Easy shops, despite it saying it had put its expansion in northern California on hold.