More on Me + Em – Page 2844
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Analysis
The grocery ombudsman
The Competition Commission has begun a public consultation over proposals to create a grocery ombudsman, but why would one be necessary and who would benefit?
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NewsRetailers lash out over fines for non-compliance with PCIDSS
Retailers are lobbying the payment industry in a bid to scrap the fines they are being forced to pay for not yet being compliant with the Payment Card Industry Data Security Standard (PCIDSS).
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Analysis
With the recession has come permanent change
From consumer habits to store refits, sourcing to credit insurance, the recession has brought profound changes to the retail world that are likely to be permanent. Charlotte Hardie reports
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AnalysisPrice optimisation helps retailers increase gross margins
Proponents of optimisation systems say that introducing them to merchandising departments can increase gross margins by several percentage points. Joanna Perry looks behind the science
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News
Equity markets ‘open for business’
The equity markets are still open for business if retailers and investors are willing to collaborate, according to industry observers.
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News
Overseas retailers advised to focus on regional expansion in China
Overseas retailers wanting to enter the booming Chinese retail market should focus on regional expansion and not attempt a national launch, delegates were told at the World Retail Congress on Thursday.
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News
Supply chain collaboration can improve sustainability
Collaboration with your supply base can not only reduce costs but also help retailers become more sustainable, the World Retail Congress heard on Thursday afternoon.
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NewsFlying Brands loses finance director
Flying Brands group finance director Graham Norton has resigned from the home shopping specialist.Current group financial controller Anthony Gee will take over as finance director on May 31. Norton will leave at the end of this month to join a FTSE 250 company.Flying Brands chief executive Stephen Cook said: “We ...
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News
Consumer behaviour has undergone ‘climate change’
Former Procter & Gamble global marketing officer Jim Stengel said retailers face a “climate change” as shopper behaviour undergoes a fundamental and irreversible shift.
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News
Company culture key to staff retention
The creation of a company culture is essential to successful succession planning, the World Retail Congress was told.
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News
Retailers call for transparency with suppliers and credit insurers
Retailers have called for greater transparency in dealings with suppliers and credit insurers to ensure businesses remain secure during the downturn.
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News
Retail industry urged to react to changing shopper sentiment
Retailers need to work harder to persuade shoppers to start spending again in what is the most difficult time in the sector’s history. That was the message from famed former Bloomingdale’s president and chief exec Marvin Traub at the World Retail Congress today.
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OpinionIs Simon Wolfson the master of managing expectations?
Next boss Simon Wolfson has downplayed the retailer’s better than expected results – is he just hedging his bets?
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NewsInterest rate held at 0.5 per cent
The interest rate has been held at 0.5 per cent by the Bank of England.This is the second month in a row that the Bank of England has held the interest rate after it consecutively cut the rate to a record low over a six-month period to try and stimulate ...
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News
Space NK hires Fraser Allan as new chief executive
Beauty retailer Space NK has hired a former finance director of Liberty as its new chief executive.Fraser Allan is understood to have joined this week, following the departure of Judith Pilkington last month.A source told The Independent that his “remit is to energise and focus the business and get it ...
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NewsH&M in tie-up with celebrities to launch t-shirt range for AIDS projects
H&M is teaming up with celebrities to design a special range of t-shirts to raise money and awareness of HIV and AIDS.Musicians including Estelle, Katy Perry and Cyndi Lauper are among a raft of well known names collaborating with H&M designers to launch the range at the end of this ...
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NewsRecession ‘will change retail for good’
The recession will fundamentally change retail for good, according to a report from Verdict Research.The report said the retail sector is in the mid-point of a lengthy reform. It said last year will be remembered as the beginning of a substantial contraction of the sector that had become bloated with ...
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News
Retailers must ‘think global, act local’ for international success
International retailers outlined the key to overseas expansion in developing markets and remained bullish about prospects during the recession.
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News
US retail needs structural changes
Structural change is still required in US retail before the sector can emerge from the downturn, the World Retail Congress heard on Wednesday afternoon.
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News
Forever21 eyes London store to kick-start international expansion
US fashion retailer Forever21 has revealed that it wants to open a store on London’s Oxford Street as the first step in a possible expansion into Europe.