More on Me + Em – Page 2852
-
NewsFrench Connection downgraded
Seymour Pierce last week rated French Connection a sell after revising its pre-tax loss forecast for 2009/10 following a company visit.
-
NewsTesco outperforms as profits rocket to £3bn
General retail stocks have outperformed the supermarkets lately, but that pattern was reversed this week as Tesco’s full-year results exceeded City expectations.
-
News
Mace to update image as it rolls out fresh look
Symbol group owner Palmer and Harvey is to introduce its new-look store design for its Mace fascia following a trial earlier this year.
-
NewsSuperdry to expand as young fashion thrives
Young-fashion retailer Super-group is taking advantage of the recession-proof younger fashion market to race ahead with its expansion plans.
-
NewsKingly Court gains new retailers
London shopping destination Kingly Court – off Carnaby Street – has attracted a raft of new retailers.Dress label Darimeya opened its flagship store at the scheme last week and will sit alongside mens- and womenswear brand Carte Blanche, 1950s-inspired fashion and corsetry brand Nikita Sablier, and homewares retailer Supermice.Kingly Court ...
-
NewsHawkin’s Bazaar tries outdoor ads
Toy and gift retailer Hawkin’s Bazaar is aiming to increase brand awareness in shopping centres via an outdoor ad campaign that takes advantage of what it claims is a new medium.
-
News
Dollar Tree launches transactional website
Single price point retailer Dollar Tree has launched a transactional website, accessible from its Dollartree.com site. The website is aimed at customers who want to buy in large quantities, and allows users to order cases of products with free shipping if they collect their order from one of the retailer’s ...
-
News
Directors leave board of US Borders
Embattled American bookseller Borders is undergoing more upheaval, with directors Edna Medford and Michael Weiss leaving the board.Five of the remaining eight directors have also announced they are to leave, although they will wait until the retailer has found replacements before they go.Borders plans to hire a search firm to ...
-
News
Australian Woolworths sales climb
Sales at the country’s largest retailer Woolworths climbed 5.9 per cent to Aus$12bn (£5.81bn) in the 13 weeks to April 5.Its Australian Food and Liquor division achieved a 10 per cent hike in sales, with like-for-likes climbing 7.9 per cent. Like-for-likes at its New Zealand Supermarkets arm rose 3 per ...
-
News
Best Denki forecasts profit in current year
Electricals and consumer goods retailer Best Denki has forecast that it will notch up profits of ¥150m (£1m) in the year that began March 1, up from a net loss of ¥3.01bn (£21m).Best Denki blamed weak consumer spending and price deflation for last year’s losses. Sales in the year to ...
-
News
Uniqlo launches online in China
Fashion retailer Uniqlo has launched online in China on website Taobao.com. The site is part of the Alibaba Group, which is 39 per cent owned by Yahoo.Tadashi Yanai, chairman of Fast Retailing – Uniqlo’s parent company – said the strategy will allow Uniqlo access to Taobao’s 100 million registered users.Uniqlo ...
-
News
Tengelmann to relaunch online store Plus
Grocer Tengelmann plans to relaunch its non-food online store Plus later this year, according to reports. The project will extend the online shop’s product range to around 10,000 items by the end of this year.New product ranges will include electronics, DIY and furniture. The site will also feature innovations such ...
-
News
Arcandor to restructure
Arcandor, operator of department store chain Karstadt and home shopping group Primondo, is to restructure its business at a cost of €900m (£800.4m) over the next five years.Karstadt will form part of a new management board-level division called Atrys. Arcandor aims to save 5 per cent of its €7bn (£6.23bn) ...
-
NewsNew Look to redevelop website to include multichannel services
New Look plans to launch multichannel services such as click and collect as it aims to increase online sales to 10 per cent of its total revenue in the next three to four years.
-
OpinionCarpetright on solid ground
The latest BRC retail sales figures showed that while some sectors were up after several months of poor trade, the furniture and floor coverings sector worsened. But next week we may well see one retailer faring better than most in its sector – Carpetright.
-
OpinionA few blips, but Tesco is still a model retailer
For what’s supposedly been a bad year for the UK’s biggest retailer, the full-year results released by Tesco on Tuesday were anything but.
-
OpinionMy word is my bond
Renegotiating deals after signing them is not the way to deal with recession, says Lord Kirkham
-
Opinion
Resenting bankers won’t get us far
The media’s and politicians’ campaign of vilification against individual bankers makes good copy but is just a convenient diversion from the real economic problems.
-
GalleryNext in line
Next has made another leap forward with its latest store revamp at Oxford Circus. John Ryan finds out more about the new format
-
GalleryDetskiy Mir — Moscow
Translating, more or less, as “Children’s World”, Detskiy Mir was a retail feature of the pre-glasnost era. The name went underground somewhat in the new Russia until February this year, when it was relaunched in four remodelled stores around Moscow.Averaging about 21,530 sq ft and designed by Fitch, the stores ...