More on Me + Em – Page 2806
-
News
Auchan to undergo restructuring
Auchan is to undergo a restructuring affecting 1,400 jobs up to 2012, according to French press reports.There will be 2,500 jobs created in a distribution project but jobs will be cut in its 116 hypermarkets and logistics operations.Separately, the retailer said it will develop new offers, such as a shopping ...
-
News
Ikea to suspend further investment in Russia
Ikea is to suspend further investment in Russia, which experts believe is because of apparent corruption and bribery in the country.Ikea Russia director Per Kaufmann said: “Ikea wishes to invest in Russia to serve our customers and bring jobs and growth. Yet, as long as the principal issues being crucial ...
-
News
X5 Retail to slash prices after Vladimir Putin visit
X5 Retail is slashing prices after Prime Minister Vladimir Putin scolded its bosses on a visit to one of its Perekryostok supermarkets.Putin said the retailer, which is Russia’s biggest grocer, was charging too much for sausages and meat in front of astounded shoppers. X5 has since announced a “grand Sale”, ...
-
News
Wesfarmers sells shops and supermarkets
Wesfarmers has sold 45 of its Coles supermarkets and eight Liquorland shops to independent grocer FoodWorks.The deal will reduce Wesfarmers’ costs and allow it to invest in other Coles stores. FoodWorks, which now has 750 Australian stores, paid around Aus$35m (£17m).The shops sold generated a combined annual turnover of around ...
-
NewsCastorama holds firm as French DIY sector shrinks
Castorama holds firm as French DIY sector shrinks
-
NewsThe race hots up to be Marks & Spencer’s next chief executive
The odds on leading internal candidates to succeed Sir Stuart Rose as Marks & Spencer chief executive have lengthened, according to top betting firm Paddy Power.
-
OpinionA tale of two retailers
Two sets of results issued on Monday illustrated perfectly how the retail sector has polarised. While online meteor Asos celebrated a stellar year, department store tiddler Beales was hunkering down for continued hard times after a challenging first half.
-
OpinionThe new frugality is here to stay
Conspicuous consumption is out, thrift and sustainability are in, says Ian Cheshire
-
OpinionHelping the high street fight back
Tomorrow, July 4, is Independents’ Day in Swansea. It’s an annual festival to get more people shopping in the city centre and the evidence suggests it doubles footfall.
-
Opinion
Retail surgery: Subletting chain shops
I own a chain of shops and one is due for a new lease. Can I sublet for the time being so that I do not have to let the property go on a permanent basis?
-
GalleryStore of the week: Esprit, Stockholm
Trying to get shoppers into your store when you’re positioned on the third floor of a glass and steel tower block is probably a matter of having a very substantial shout. In the pedestrianised Drottninggattan area of Stockholm, fashion retailer Esprit has overcome this by making a feature of the ...
-
GallerySainsbury’s at Gloucester Quays is more than just a green store
Another day, another eco-store. Except it isn’t. Sainsbury’s new Gloucester Quays store is good-looking too. John Ryan visits
-
News
Pre-tax profits rise at H&M
Pre-tax profits at H&M rose 6 per cent to Skr5.78bn (£452.9m) in the second quarter to the end of May. Sales excluding VAT soared 23 per cent to Skr26.5bn (£2.1bn), an 8 per cent increase in local currencies and a decline of 2 per cent on a like-for-like basis.Gross margins ...
-
AnalysisDSGi and Kesa powering up for the electricals battle with Best Buy
As US giant Best Buy prepares for its UK launch, the dismal results of UK leaders DSGi and Kesa show they must raise their game, says Amy Shields
-
AnalysisCarpetright founder Lord Harris of Peckham profiled
In the week of Carpetright’s results its founder admits the market has never been tougher. But he is certain that good retailers will emerge stronger. By Nicola Harrison
-
AnalysisSales techniques: Handle shoppers with care
As shoppers cut back their budgets, the way they shop is changing. So should store staff be adjusting their sales techniques? Ben Cooper reports
-
AnalysisIs minimum wage reprieve enough?
Liz Morrell asks if this year’s historically low increase is enough to keep retailers out of trouble
-
AnalysisWhat it’s like to work at…Firebox
The inside view from Firebox managing director Christian Robinson
-
News
Retailers given chance to feed back on PCIDSS
The PCI Security Standards Council has introduced an online tool to allow retailers to give feedback on the Payment Card Industry Data Security Standard (PCIDSS).
-
AnalysisPCIDSS compliance remains difficult for retailers
Critics argue that the Payment Card Industry Data Security Standard is impossible for some retailers to comply with and doesn’t guarantee against data loss. Joanna Perry finds out why compliance remains such a contentious issue