More on Me + Em – Page 2840
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NewsGreggs upbeat following strong Easter sales
Bakery retailer Greggs announced this morning that group sales in the 19 weeks to May 9 increased by 5.2 per cent, including like-for-like sales growth of 2 per cent.
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NewsSainsbury’s confident in future as profits rise
Focus on fundamentals and agility in fast-changing trading conditions helped Sainsbury’s notch up an 11 per cent profits rise and fourth consecutive year of like-for-like growth.
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Government still not doing enough to protect town centres, says ACS chief
The Association of Convenience Stores has warned a group of MPs that there is “still much to achieve” in supporting town centres.
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NewsMore retail failures expected
Business failures in the retail and wholesale sector are predicted to increase by 26 per cent this year compared to 2008, according to the latest figures from accountant and business advisor BDO Stoy Hayward.It predicts that 3,800 - or one in 100 - UK retailers will go out of business ...
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NewsSales bloom at Tesco-owned Dobbies
Dobbies Garden Centres has reported record £97m sales, 12 per cent up on last year, in part due to surging sales of its ‘Grow Your Own’ produce range. Easter 2009 trade was up 73 per cent on last year, thanks to the later holiday dates and the warm weather.
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BRC backs ‘common sense’ rise in minimum wage
The British Retail Consortium has welcomed today’s government decision to increase the National Minimum Wage by 1.2 per cent. The increase will take the adult minimum wage from £5.73 to £5.80 per hour when it is introduced this October.
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Sainsbury’s takes former Woolworths store in Henley-on-Thames
Sainsbury’s is set to open up a shop in the former Woolworths store in Henley-on-Thames to trade its convenience store format.
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NewsWestfield service charge dispute progressing slower than hoped
A dispute between Westfield and a group of retailers including Debenhams, Marks & Spencer and Boots over service charge levels is ongoing despite indications from the Australian developer that a reduction was imminent.
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Temporary store opens in former Zavvi unit on Oxford Street
Clothing label Hyper Hyper has opened a temporary store in the former Zavvi unit at the East end of Oxford Street.
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OpinionJohn Lewis’s plan B could become retail’s plan A
Call it pragmatism or call it a compromise, but John Lewis’s venture into standalone home and electricals stores is a sign of quite how far retailers are having to move away from their well-trodden paths property-wise.
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NewsForever 21 closes in on UK debut on Oxford Street
US fashion retailer Forever 21 is understood to have made offers on two stores on Oxford Street as part of plans for European expansion.
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NewsWhistleblower ‘despaired’ about direction M&S taking
The former Marks & Spencer employee who leaked an internal memo to The Times detailing plans to slash redundancy pay did so because he “despaired” about the direction the retailer was taking.
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NewsMorrisons chief executive Marc Bolland’s salary rises 13 per cent
Morrisons chief executive Marc Bolland has been awarded a 13 per cent increase in his base salary to £800,000.
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NewsAldi to create 650 jobs in Ireland
German discount grocer Aldi will create 650 jobs in the Republic of Ireland over the next three years as it continues apace with growth plans.
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NewsRetail sales growth in April was best in three years
Retailers enjoyed their best sales growth in three years during April, when like-for-like sales surged 4.6 per cent and total turnover advanced 6.3 per cent.
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NewsTesco stores hit by till computer glitch
Tesco is reported to have been hit by till problems at 67 stores following a glitch caused by its overnight price changes process.
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NewsAnthropologie unveils Regent Street blueprint
News has emerged about the interior form of the UK’s first Anthropologie store, set to open on Regent Street in the autumn.
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OpinionCheap products needn’t mean cheap-looking stores
This year’s World Retail Congress in Barcelona ended on Friday, closing three days of conferencing, networking and, it has to be said, a fair amount of evening carousing. But for those who wandered across the road into the adjacent Diagonal Mar shopping centre, there was an additional talking point. Diagonal ...
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NewsConsumer confidence falls as unemployment concerns grow
Consumer confidence has fallen nine points since last October, according to figures from the British Retail Consortium and Nielsen.
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NewsWickes owner Travis Perkins secures rights issue to raise £300m
DIY chain Wickes’ parent company, builders’ merchant Travis Perkins, has secured a rights issue to raise £300m.The company has revealed it secured a fully underwritten 7 for 10 rights issue, through the issue of nearly 86 million new shares.It has raised gross proceeds of around £314m (around £300m net of ...