More on Me + Em – Page 2913
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Carphone enjoys UK sales growth but margins suffer
Carphone Warehouse's retail arm Best Buy Europe has reported an 8.3 per cent increase in UK like-for-like sales in the 13 weeks to December 27.
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Halfords Christmas sales fall
Halfords has reported a 7.8 per cent fall in like-for-like sales in the 13 weeks to December 26, with a big fall in the sale of sat-nav devices.
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Argos and Homebase sales fall further
Home Retail Group has revealed a 7.5 per cent like-for-like sales decline at Argos in the 18 weeks to January 3, while its sister DIY chain Homebase suffered a 10.2 per cent fall.
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Like-for-likes plummet at DSGi
Electricals giant DSG International has reported a 10 per cent fall in like-for-like sales in the 12 weeks to January 10, with double-digit falls at both Currys and PC World. However, the company's post-Christmas Sale started well.
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Online growth slows in December as sales hit £4.67bn
Shoppers spent 4.67bn online in December, but monthly growth online slowed for the first time in six years as consumers spent 1.5 per cent less than in November.
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HMV buys music venues and Zavvi stores
HMV has acquired 14 Zavvi stores and is to enter the live music market with the purchase of a 50 per cent stake in a joint venture with venue operator MAMA Group.
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The White Company begins consultation period with staff
Upmarket homewares retailer The White Company has begun a consultation period with its employees.
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Otto UK reviews 3,800 jobs
The jobs of up to 3,800 staff at Otto UK are under review as the home shopping group revealed plans for a huge overhaul of the business.
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GalleryTesco – Cheetham Hill, Manchester
A 52,000 sq ft eco-store opened in Manchester’s Cheetham Hill district on January 12, 2009.
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QS like-for-likes climb
Value fashion retailer QS has revealed that like-for-like sales climbed 5.4 per cent in the quarter to the end of 2008.
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Consumers to cut retail spend as debt repayments bite
Retail will be “prioritised downwards” in 2009 as consumers begin reining in high street spending in favour of repaying mortgages and reducing debt, according to research firm Verdict.
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Toys R Us online revamp eases site navigation
Toys R Us has launched the fourth version of its UK website, which has been designed to make it easier for customers to browse and find products.
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Poundland installs laptop data protection
Poundland has installed encryption and back-up software on all of its company laptops to secure the data they contain should they be lost or stolen.
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Zavvi closes more stores
A further 18 Zavvi stores will close today, leading to 353 redundancies, as administrator Ernst & Young revealed no offers have been received to take on the whole portfolio.
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System change takes shape at Harvey Nichols
Harvey Nichols expects to finish a business intelligence consolidation project it has been working on throughout 2008 by the end of the present financial year.
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Allied Carpets in sale talks with Hilco
Allied Carpets has held preliminary talks with restructuring specialist Hilco over a potential sale.
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Alliance Boots and Co-op eyeing Rowlands stores
Alliance Boots and The Co-operative Group are understood to be considering buying some of the 500 stores of UK pharmacy chain Rowlands, which was put up for sale following the death of German business tycoon Adolf Merckle.
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B&Q pulls Olympics sponsorship
DIY retailer B&Q has terminated its sponsorship deal with the British Olympic Association because of the global economic downturn.
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JJB Sports heads for £10m loss
JJB Sports has warned it will make a loss this year of between 5m and 10m after tough trading conditions hit sales and gross margin.
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JJB chief executive's future in the balance as share transfer investigated
The future of JJB chief executive Chris Ronnie is hanging in the balance after the retailer launched an investigation into a transfer of his JJB shares.