More on Me + Em – Page 2994
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News
Charity shops post profit rises
Charity shops have recorded profits up 7.4 per cent this year as shoppers try to manage their budgets in the face of the economic downturn.
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NewsWoolworths shareholder backs Malcolm Walker bid rejection
Woolworths’ biggest shareholder is backing the variety store retailer in its rejection of Malcolm Walker’s £50 million bid, according to The Sunday Times.
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News
Suppliers lose out on supermarket special offers
Supermarkets pocket 86 per cent of profits made on items sold on money-off promotions, according to a report seen by The Daily Telegraph .
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News
BRC slams supermarket promotions report
The British Retail Consortium has hit out at a report published today that claims supermarkets are offering more discounts on fatty and sugary foods than fruit and vegetables.
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News
Family finances stretched in August
A survey by German discount grocer Aldi has found that the average UK family spent an extra 500 in August, adding more pressure to already overstretched purses.
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Opinion
A forgotten age
In all the clamour to convince shoppers that they are the cheapest grocer, some supermarkets have forgotten one demographic group relatively unscathed by the credit crunch – the silver surfers.
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News
JJB Sports: The City View
Buy-out speculation once again engulfed JJB Sports, which is thought to have enjoyed a trading fillip stimulated by the UK’s strong Olympics performance.
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News
Borders UK restructures buying team
Eight buyers at Borders UK are to leave the retailer following a review of the buying team structure.
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News
Tesco withdraws site from eco-towns project
Tesco has pulled one of its developments from the Government’s “eco-towns” scheme, which has dealt a blow to the flagship environmental programme.
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News
Carrefour posts robust performance
Carrefour has revealed better than expected results, delivering a rise in net income of 1.2 per cent to €750 million ( 603.4 million) for the first half of this year.
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News
John Lewis sales dip
Department store group John Lewis reported a fall in weekly sales of 2.4 per cent as continued uncertainty in the economy and the poor weather hit trade.
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News
Bid speculation nudges share prices up in short trading week
General retailers climbed over the week, partly buoyed by bid speculation about Woolworths and JJB Sports (see The City View below), but the grocers’ share price rise was more muted as the market digested last week’s data.
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News
Speedo showcases swimsuit
Speedo is to cash in on Olympics fever with the creation of a dedicated area for its LZR Racer swimsuit range at its flagship Covent Garden store.
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News
Homewares trio push on with survival tactics
Big-ticket homewares retailers are redesigning store layouts and extending low-cost accessories lines in an effort to boost sales during the credit crunch.
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News
Adams stabilises as it reveals £1.3m profit
Adams Childrenswear has announced an operating profit of 1.3 million in its first year of trading since retail entrepreneur John Shannon rescued the business from administration.
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News
Moss Bros rejigs store design to drive casuals
Menswear retailer Moss Bros is to enhance its casualwear credentials with the roll out of a revamped store design following a three-month trial.
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News
River Island unveils Oxford Street facelift
Fashion giant River Island revealed its latest store design at the opening of its new flagship store on London’s Oxford Street last Friday.
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News
M&S revises redundancy proposals
Marks & Spencer is understood to have amended planned changes to redundancy terms after feedback from staff.
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News
Up-for-sale DSGi chains get poor reception
DSGi is thought to have received a muted response after putting its Spanish, Italian and Eastern European divisions up for sale.
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News
Argos drives impulse purchases with queue displays
Catalogue store group Argos is promoting impulse purchases of its Value range to customers queuing at its tills.