More on Me + Em – Page 2831
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NewsHMV introduces system to tackle staff shrinkage
HMV is cracking down on staff fraud and procedural failures after introducing a loss prevention system to analyse its transaction data.
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NewsTopps Tiles pre-tax profits slump, but stay ahead of expectations
Pre-tax profits at Topps Tiles have slumped from £17.6m to £7.5m in the 26 weeks to March 28, although the figure exceeds analysts’ forecasts.
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NewsB&Q takes on Argos and Ikea with furniture launch
B&Q is to go head to head with Argos and Ikea by stocking sofas and other furniture for the first time.
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NewsTesco chief Sir Terry Leahy takes pay cut
Tesco chief Sir Terry Leahy took a £370,000 cut in his pay and bonus package last year after the US business failed to hit some targets.
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NewsAdili EBITDA to come in below expectations
Ethical e-tailer Adili said EBITDA would be below expectations after gross margins were hit by discounting needed in the tougher market.
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NewsJessops shareholders unlikely to see return
Jessops has reported a loss of £5.9m in its first half and said that while it was still working “towards a solvent solution for the business” it does not expect “any value will be attributed to shareholders”.
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NewsWaitrose launches campaign for Essential range
Waitrose has today launched a direct marketing campaign to promote its recently-launched value range Essential Waitrose.
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NewsFormer Boots chief Scott Wheway takes top Best Buy role
Former Boots the Chemists managing director Scott Wheway has been named chief operating officer of Best Buy International and will play a key role in launching the retailer in Europe.
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NewsNext withdraws ‘Nazi’ pants
Next is withdrawing a line of underwear after some of the featured artwork on the garment was mistaken as a “Nazi image”.
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NewsJohn Lewis unveils new home store format name
John Lewis has revealed that the name of its new format home and electricals store will be ‘John Lewis at home’.
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News
Land Securities chief given warning about future
Land Securities chief executive Francis Salway has been given an ultimatum to turn the struggling landlord around or face the sack, according to weekend newspaper reports.
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OpinionOnce again, landlords are stuck between a rock and a hard place
After Stylo and JJB Sports, Clinton Cards placing Birthdays into administration is another sign of the times.
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News
Three new retailers for Ashford Designer Outlet
Three retailers have signed up for space at McArthurGlen’s Ashford Designer Outlet, which has had an increase in sales over the last four months.Sailing and country sports clothing brand Musto, US footwear brand Skechers and women’s fashion label Phase Eight have all take stores in the outlet centre, in Kent.The ...
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NewsTesco clothing boss registers new fashion website
Tesco’s clothing boss Terry Green has registered a fashion website for the company which he mentored as part of a student project.
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NewsClarks makes gains as rivals stumble
Clarks has revealed an annual profits rise of 16 per cent and said it will capitalise on the “relative disarray” of its high street competitors.
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NewsRetailers opt for shopfitting security
Retailers’ worries about the financial security of some of the UK’s largest shopfitting companies is opening doors for Wates.
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OpinionLouis Vuitton vs the Post Office
Visiting the new Louis Vuitton store in Westfield London last week was an impressive, but ultimately unsatisfying experience. Yes, it’s a fine example of the brand’s current shop-fit, but were you to travel to Munich and to wander into local luxury department store Oberpollinger, you’d find more or less the ...
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NewsAquascutum owner in talks with Chinese distributor
Aquascutum could be sold to its Chinese distributor after the luxury brand’s Japanese owner Renown rejected a management buyout.
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NewsAnger from Bhs suppliers as Sir Philip Green tightens terms
Sir Philip Green’s Bhs is tightening the screws on its suppliers by moving its discount rate into line with that of Arcadia Group into which it is merging.
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News£3.9bn opportunity for survivors of the downturn
Retailers who survive the downturn could pick up £3.9bn of business over the next few years.