More on Me + Em – Page 2859
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News
Landsbanki director to sit on board of Hamleys
Hamleys has appointed a Landsbanki representative to its board and reiterated that the nationalised Icelandic bank does not intend to sell its majority stake.
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NewsNew Look’s Phil Wrigley calls for unity on retail battles
New Look chairman Phil Wrigley has urged retailers to work together to support industry bodies to maintain the health of the retail sector.
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NewsJD Sports launches discount clothing site
JD Sports Fashion this week launched its discount apparel site Getthelabel.com.
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DIY chains prepare Easter ad campaigns
DIY retailers are gearing up for the crucial Easter trading period with a series of high-profile marketing campaigns, but trade could be hit by changeable weather.
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Slaters roll-out continues
Menswear retailer Slaters opened its 25th store in Swansea last week and said it believed customer service was key to riding out the downturn.
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Midcounties Co-op bucks trend with profits boost
The Midcounties Co-operative has bucked the economic downturn to report a 35 per cent uplift in full-year profits to £16.2m.
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Dune enters into talks with staff at Shoe Studio
Dune is in consultation with Shoe Studio staff as it seeks to slim down and integrate its newly acquired footwear business.
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NewsCargo to open garden centre concessions
Furniture and homewares retailer Cargo will this week launch its first concession in a garden centre as it seeks to widen its appeal.
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Local produce sales rocket at Asda
Asda scored a 41 per cent uplift in locally produced-food sales last month in England and Wales compared with the same period last year.
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Strong range and academic focus help Blackwell defy downturn
Academic bookseller Blackwell is defying the slump in the book industry, with like-for-likes up 2 per cent in its financial year to date.
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NewsPerfectHome accelerates expansion
Rent-to-buy specialist PerfectHome is ramping up its store expansion as cash-strapped shoppers drive sales.
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NewsGermany’s Butlers plots UK comeback
German homewares retailer Butlers, which offloaded all but one of its UK shops last year, is gearing up to open a tranche of new stores.
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NewsMothercare to pave way for global e-tailing as sales soar
Mothercare plans to open up its e-tail business globally by enabling customers in all of the 51 countries it operates in to buy online.
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Mamas & Papas debuts in Saudi Arabia
Mamas & Papas has opened its first three stores in Saudi Arabia with franchise partner Al Tayer Group, including one in the capital Riyadh.
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NewsTesco’s management incentives ‘best in class’
Tesco’s management incentive scheme is the most likely among those of the big grocers to encourage strong performance, broker Bernstein has concluded.The broker said executive compensation structures are broadly similar at all three quoted grocers, combining basic salary, bonus and various long-term incentives.However, at Tesco and Sainsbury’s there is a ...
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NewsDunelm’s strengths are in the price
Value homewares specialist Dunelm has been a favourite in the downturn. Investors like its low-ticket offer and the retailer expects to land good property deals as a result of others’ struggles, aiding expansion.On Monday, UBS downgraded Dunelm from buy to neutral, because Dunelm’s shares had performed so well rather than ...
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‘Stupendous’ week for general retail stocks
General retailers staged a “stupendous run” last week, broker Numis observed, buoyed by better than expected Marks & Spencer numbers.
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NewsOcado targets £3bn business as sales soar
Grocery e-tailer posts market-defying sales as it tackles pricing and range
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Borders US fears grow as market woes widen losses
Embattled bookseller Borders US has plunged further into the red, prompting some experts in the US to suggest Chapter 11 bankruptcy may be its only chance of survival.The company reported a consolidated loss of $16.2m (£10.9m) in the year to January 31 compared with a consolidated loss of just $400,000 ...
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Battle for Sears Canada is hotting up
The battle for Sears Canada is hotting up with reports in the US suggesting that major shareholder Sears Holdings has bought 400,000 shares in the company.The move renewed speculation that it may be plotting a bid for the Canadian arm of its business.In 2006, minority shareholder William Ackman blocked a ...