More on Me + Em – Page 2900
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Opinion
Baugur's loss is retailers' gain
The final death throes of Baugur’s retail empire are being very publicly played out, but the brands in which it has stakes should breathe a quick sigh of relief and move on with the business of retailing.
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News
Zavvi to close a further 17 stores
Defunct retailer Zavvi is to close a further 17 stores, leading to the redundancy of 242 employees.
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News
Zara to open stores in India
Spanish fashion giant Inditex has signed a deal to open stores in India in 2010.
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News
Baugur-backed Aurum confirms business review
Aurum Holdings, the jewellery group backed by beleaguered Icelandic investor Baugur, has confirmed that it has appointed Ernst & Young to review the business and has distanced itself from the investor, which is on the brink of administration.
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News
Interest rate slashed to 1 per cent
The Bank of England has slashed the interest rate to a record low of 1 per cent, a 0.5 percentage point drop.
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News
Baugur boss Johannesson lambasts Landsbanki
Baugur boss Jón sgeir Jóhannesson has hit out at creditors after the Icelandic investor was forced to seek protection from administration yesterday.
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News
Marks & Spencer wins £3.5m teacake tax battle
Marks & Spencer has won a landmark VAT battle about whether a chocolate-covered teacake should be treated as a biscuit or a cake.
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News
Halfords rolls out signage system to Poland
Car accessories retailer Halfords has extended its use of Episys’ Retail Enterprise Suite to its first store in Poland.
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News
Morrisons ploughs £6m into voice picking system for warehouse staff
Morrisons is to install one of the largest voice picking systems in the world, in a deal worth more than 6m.
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News
Argos email campaign lifts customer review response
Argos has generated a massive volume of customer reviews after running an email campaign in January to encourage customers to provide feedback on the products they had recently purchased.
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Opinion
Snow shows the web is a lifeline for consumers
The snow of early this week highlighted just how important the internet has become to society. Retailers should take every opportunity they get to benefit from this.
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News
Shop price inflation rises in January
UK shop price inflation rose 1.1 per cent in January according to the BRC Nielsen Shop Price Index.
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News
The White Company sales leap over Christmas
Upmarket homewares and clothing retailer The White Company saw sales climb 14 per cent in the 10 weeks to December 27.
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News
Baugur files for bankruptcy protection
Baugur has confirmed that it has filed for protection from its creditors in the Icelandic equivalent of Chapter 11 bankruptcy protection as exclusively revealed by Retail Week this morning.
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News
JD Sports to exceed expectations after solid January sales
Strong sales in January at JD Sports Fashion have lifted expectations for its full-year results.
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News
Woolworths directors to be scrutinised by Deloitte
The actions of Woolworths’ directors will be reviewed by its administrator Deloitte after creditors questioned whether the retailer should have stopped trading earlier.
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News
Baugur on the brink of administration as Landsbanki pulls funding
Icelandic investment giant Baugur is understood to be on the brink of falling into administration after its backer Landsbanki pulled its funding.
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News
Iceland continues to record strong sales growth
Frozen food retailer Iceland recorded year-on-year sales growth of 16 per cent in the 12 weeks to January 26, according to new market research data.
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NewsValue supermarkets continue to shrink Tesco's market share
Tesco is still losing market share as consumers continue to favour the value and discount supermarkets to help them through the credit crunch.
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News
Alliance Boots promotes Alex Gourlay to health and beauty chief
Alliance Boots has promoted Alex Gourlay to chief executive of its health and beauty division.