More on Me + Em – Page 2843
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News
Quarantined Mexicans boost sales
Mexican retailers have witnessed a sales surge as President Felipe Calderón ordered all 103 million Mexicans to stay at home in a bid to contain swine flu. The five-day quarantine led to shoppers stocking up on food, DVDs and video games.In the northern city of San Luis Potosí, Blockbuster store ...
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News
Shopper’s Stop sales rise 9 per cent
Indian retail group Shopper’s Stop has revealed sales rose 9 per cent to INR3.5bn (£46.9m) for the quarter to the end of March.The group – which operates large-format department stores, home stores and speciality retailers including Mothercare in the country – said margin for the quarter increased 4 per cent. ...
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News
Falabella experiences first quarter profit fall
Store group Falabella suffered a profit fall in its first quarter as global economic turmoil took a toll.The retailer, which runs supermarkets, home improvement stores and department stores in Argentina, Colombia and Peru as well as its domestic market of Chile, reported like-for-like declines of between 2.7 per cent and ...
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News
Carrefour and Reliance Retail discuss joint venture
French retailer Carrefour is in talks with Indian giant Reliance Retail about forming a joint venture.Carrefour has been negotiating to operate in India in partnership with tycoon Kishore Biyani’s Future Group, but no deal has been struck.The French group is now talking to other potential partners, including Aditya Birla and ...
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NewsMichael Murphy becomes Quidco executive chairman
This cashback co-operative hit the headlines last week after Michael Murphy, who shared a £175m earn-out from the sale of Friends Reunited, completed a management buy-in and became Quidco’s executive chairman.
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OpinionWaterstone’s must turn the page
Has HMV’s takeover of Ottakar’s paved the way for Waterstone’s high street domination as opponents of the deal predicted?
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OpinionSix steps to business success
The right incentive schemes are the driving force for motivating staff, says Neil Gillis
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Opinion
What hope for a swift recovery?
The current recession is like no other, says John Richards, retail consultant
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GalleryAdidas’ Parisian store revamp impresses
Adidas is going for gold with the striking revamp of its Champs Elysées flagship. John Ryan goes to Paris for a tour
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GalleryStore of the week: Lulu Guinness London
Handbag designer and homewares retailer Lulu Guinness is 20, or at least the brand that bears her name is, and this store, which has just opened on Ellis Street in the heart of London’s ritzy Knightsbridge, stands as evidence that the creative streak has not deserted her.
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NewsVision Express profits up despite downturn
Vision Express has reported an uplift in underlying profits in its full-year results as it eyes acquisition opportunities this year.
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NewsMost of senior New Look team to join London HQ
New Look has said 60 per cent of staff affected by the decision to relocate its buying, merchandising and design teams from Weymouth to London have elected to move with the retailer.
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NewsDownturn not as bad as predicted says Next chief executive Simon Wolfson
Next chief executive Simon Wolfson has said the market is bottoming out but said it is premature to call a recovery and that lower VAT was distorting the real consumer picture.
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NewsStella McCartney launches exclusive range at Net-a-Porter
Designer Stella McCartney has launched an exclusive fashion range for e-tailer Net-a-Porter. The 23-piece collection includes shoes, handbags and T-shirts starting from £145.
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News
Abercrombie & Fitch to cut jobs
Fashion retailer Abercrombie & Fitch is to cut 170 roles at its head office in Columbus, Ohio. The retailer will cut 9 per cent of its 2,000-strong positions to reduce costs.Abercrombie & Fitch has suffered from a downturn in sales as US consumers rein in spending. Chief financial officer Jonathan ...
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NewsItaly’s Furla upbeat despite squeeze on luxury market
The outlook for luxury retailers remains uncertain, but some international brands are confident of continued success. Among them is Italian group Furla, which delivered a strong performance last year.
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AnalysisDiversification: A lucrative sideline or fatal distraction?
Retailers eager to boost business may expand into categories beyond their comfort zone, but do they risk stretching themselves too far?
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AnalysisJohn Browett has risen to the challenges at DSGi
John Browett’s job leading DSGi has been a challenge from the start, but he has made plenty of headway in tough circumstances. Amy Shields finds out why
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Analysis
Making savings that won’t cost the business
Maximising efficiency and cutting costs in stores can reap huge rewards, but without a considered approach it could be a disaster. Liz Morrell discovers how best to tackle it
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AnalysisRising Star Awards: The next generation of retail leaders
With The Retail Week Rising Star Awards 2009 on the horizon, we talk to some of last year’s winners to see how industry recognition has helped their careers flourish