More on Me + Em – Page 2804
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NewsSock Shop opens first store since collapse in 2006
Sock Shop is to open its first outlet in the UK after falling into administration three and a half years ago.
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NewsJJB mulls rights issue as loan scandal hits Sir David Jones
JJB Sports has confirmed that it is considering a £50m rights issue to raise capital for the sports retailer’s turnaround as its chairman Sir David Jones has become embroiled in a loan scandal.
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NewsBrightHouse EBITDA jumps 21.5 per cent
Rent-to-own electricals and furniture retailer BrightHouse has defied the economic gloom, revealing a 21.5 per cent hike in EBITDA to £29.4m in its full-year results.
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NewsBoris Johnson hails John Lewis decision to anchor Westfield Stratford
Mayor of London Boris Johnson attended a topping out ceremony of the new John Lewis department store Westfield’s shopping centre development at the Olympic Park in Stratford, east London, this morning.
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NewsClem Constantine takes over as Marks & Spencer international boss
Marks & Spencer property director Clem Constantine has assumed responsibility for the retailer’s international division.
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OpinionCan Aldi win the taste test?
Hard discounter Aldi has always claimed its quality is as good as the leading brand. Can it really pass the taste test? Or will its ABC1 customers start flocking back to the likes of Waitrose and Marks & Spencer when they have more money in their pockets?
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AnalysisTop 50 retailers: Retail’s premier league
It’s 18 months since Retail Week’s last look at the UK’s top retailers by sales and margins and much has changed in that time. Retail Knowledge Bank senior partner Robert Clark reports
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NewsShareholder revolt embarrasses Home Retail
Home Retail Group, owner of Argos and Homebase, says it has “taken note” of investor concern about directors’ bonuses after a shareholder revolt at Wednesday’s AGM.
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NewsAllied Carpets to cut jobs as some stores prepare to close
Allied Carpets is to slash hundreds of jobs as early as next week as the retailer starts to close stores, according to reports.
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NewsT-Mobile UK parent considers asset swap deal
T-Mobile UK parent Deutsche Telekom is seeking an asset swap deal for the mobile phone operator and retailer, as it gears up to pull out of the UK.
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NewsGeorge Davies picks sites for new fashion venture
Fashion entrepreneur George Davies has identified the first seven sites for his new GIVe womenswear brand that is set to launch in October.
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NewsTesco investors urged to oppose share option changes
Tesco shareholders are being urged to oppose changes to share option schemes at the grocer’s annual general meeting today.
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NewsJohn Lewis Clearance hit by hot weather
Sales at John Lewis were lacklustre last week as the hot weather offset the benefits of the start of its Clearance period.
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NewsHamleys picks ex-Baugur chief as chairman after board shake-up
Hamleys has appointed Gunnar Sigurdsson, director of failed Icelandic retail investor and former shareholder Baugur, as chairman.
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NewsShoppers flock to buy Michael Jackson music
Entertainment retailers have reported a surge in sales of Michael Jackson’s albums after the sudden death of the music legend last week.
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NewsClothing prices to rise as cost increases hit Marks & Spencer
Marks & Spencer will pass on higher business costs to consumers by raising prices later this year, executive chairman Sir Stuart Rose revealed.
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NewsNew Look goes rock ’n’ roll with premium brand launch
New Look is to offer a higher-priced edgy new brand in its stores that takes its inspiration from fashion and rock ’n’ roll legends.
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NewsCredit insurance woe hits stock at Threshers
Threshers owner First Quench Retailing is understood to be sourcing stock from the grey market after its supply chain was interrupted by the reduction of credit insurance to some of its suppliers.
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NewsCarpetright sets sights on joining FTSE 100 elite
The UK’s biggest floorings retailer Carpetright has shelved plans for privatisation so that it can grow the business into a FTSE 100 company.
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News
Retailers object to Welsh 15p plastic bag tax
Retailers have reacted with anger to proposals by the Welsh Assembly to charge shoppers a fee of 15p for every plastic carrier bag used.