More on Me + Em – Page 2854
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NewsHenderson Group to improve store replenishment
Henderson Group, the owner of symbol group Spar in Northern Ireland, is to automate store replenishment in an attempt to improve product availability and cash flow.The wholesale and retail group is to deploy software from Aldata to its 72 stores and there is potential to extend the roll-out to the ...
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News
Flying Brands continues restructure with improved start to the year
Flying Brands has had a stronger start to its new financial year with orders ahead 2.4 per cent on a like for like basis in the 13 weeks to April 3.As part as a drive to improve efficiencies the home shopping group said it is targeting a 15 per cent ...
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OpinionIT spending for success
Despite the recession and general budget belt-tightening, the results announcements from several retailers this week show just how busy IT departments are being kept.Buried in Tesco’s results is the nugget that the grocer is beavering away on migrating the systems used by Tesco Personal Finance to its own computing platforms. ...
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NewsCarphone Warehouse to demerge its retail and telecoms operations
Carphone Warehouse has confirmed that it will split its retail and telecoms divisions in to two separately listed companies.
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NewsRecord year for Game but current trading slips
Game’s underlying pre-tax profit rocketed 67 per cent to £126.2m in the 53 weeks to January 31.
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NewsAlexon profits dive as Bay Trading suffers tough competition
Fashion group Alexon has revealed that pre-tax profits before exceptionals plummeted to £3.5m in its full year to January 31, from £16.4m the year before.After exceptionals of pre-tax losses were £27.7m, down from a £12m profit in 2008.Turnover fell 4.5 per cent to £250.3m with like for like sales down ...
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NewsThorntons reveals strong post-Christmas growth
Thorntons has revealed like-for-like growth of 3.3 per cent in the 14 week period to April 18 as it benefited from a longer selling season ahead of Easter than last year.
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NewsAnnual growth of online sales slows
Year-on-year growth for online retailers is beginning to slow as sales for March grew just 19 per cent, lower than the year before.Month-on-month sales continued to grow up 9 per cent as online shopping continues to grow in popularity, according to the latest IMRG Capgemini e-retail Sales Index.Capgemini UK head ...
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NewsDeflation for first time since 1960
The retail price index (RPI) has fallen into negative territory for the first time since 1960 as decades of inflation come to an end.In the year to March all items on the RPI fell by 0.4 per cent compared with no change in February according to the Office of National ...
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NewsThree retailers set to open in Cambridge’s Grand Arcade
Calvin Klein, Kurt Geiger and Jack & Jones are set to open stores in Cambridge for the first time.All three have taken stores at the Grand Arcade shopping centre, which is owned by Grand Arcade Partnership, a joint venture between Grosvenor and Universities Superannuation Scheme.They join brands already trading in ...
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OpinionShopping centre security is a balancing act retailers must get right
The news that the averted Easter bomb plot was targeting shopping centres will have come as a sobering reminder to retailers and landlords about how vulnerable a position they are in.
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NewsNew Look to launch second generation e-commerce site
New Look is to replace its website platform with a system from ATG.
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News
Retailers’ expansion abroad continued in 2008 despite downturn
International expansion by retailers continued throughout 2008 despite the tough global economic climate, a report has revealed.
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News
B&Q awards £9m of shares to staff
B&Q is awarding £9m of shares in parent company Kingfisher to more than 300 store managers in order to maintain high store operating standards.
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NewsChancellor agrees £5bn deal with largest credit insurers
The Chancellor is expected to deliver some much-needed good news to retailers in his Budget tomorrow revealing a temporary scheme to ensure a £5bn provision for supply chain insurance.
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NewsPrimark first half sales hit £1bn
Primark outperformed the fashion market with sales breaking the £1bn mark in its first half, but warned margins will come under increasing pressure.
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NewsAlexon rejects approach to acquire business
Fashion group Alexon has rejected an unsolicited approach from an unnamed third party wanting to acquire the retailer.
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NewsBurberry set to hit market expectations
Burberry said it will hit market expectations for its full year pre-tax profits after revenue for its second half to March 31 grew 2 per cent.
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NewsTesco posts record profits of £3.1bn
Tesco’s underlying pre-tax profits passed the £3bn mark for the first time in the year to the end of February, totalling £3.1bn, an increase of 8.8 per cent.
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Opinion
Food retailers are missing a trick
While money may be in relatively short supply, there are still plenty of affluent neighbourhoods in our larger cities where foodies are shopping in small, deli-style stores.