More on Me + Em – Page 607
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NewsZalando profits rise as its prepares for launch into second-hand fashion
Online fashion specialist Zalando has unveiled a rise in full-year sales and profits and is preparing to launch a variety of initiatives including a pre-owned range.
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OpinionOpinion: Ecommerce trailblazer Eva Pascoe on how tech is still transforming retail
Twenty-five years ago, Cyberia opened as the first cafe with full internet access in the world, located at 39 Whitfield Street in London’s Fitzrovia.
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AnalysisCEO churn: Why are retail bosses booted out so quickly?
The turnover of retail CEOs reached its highest level since 2012 last year. Why are retail’s leaders sent packing so frequently?
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Future LeadersIn conversation with… Schuh ecommerce director Sean McKee
Meet Sean McKee – ecommerce director, Be Inspired ambassador, charity champion and Francophile.
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NewsDebenhams streamlines top team and issues challenge on business rates
Debenhams director of stores, technology and supply chain Angela Morrison is to leave the department store group.
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NewsWalmart ‘in discussions’ to sell Asda stake
Asda’s parent company Walmart has said it may sell a stake in the business and has opened discussions with a “small number of interested parties”.
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NewsIntu credit extension dependent on raising £1.3bn equity
Embattled landlord Intu has agreed on an extension to its credit facilities with its lenders as long as it can raise at least £1.3bn of equity.
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OpinionOpinion: Hammerson’s issues are symptomatic of a broken property market
Hammerson’s latest set of financial results are symptomatic of the wider issues plaguing the UK retail property market and the institutional landlord is unlikely to be the only one feeling the effects.
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NewsMcColl’s to close more than 300 stores over next four years
The chief executive of McColl’s has said the convenience store group will look to shut as many as 330 stores over the next three or four years as it seeks to rationalise its store estate as part of its strategic shift.
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NewsTed Baker to axe 100 head office roles in bid to cut costs
Ted Baker is restructuring its head office team in a bid to drive cost efficiencies after “a very challenging year”.
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NewsStore gallery: Amazon turns up heat on Walmart with first cashier-less supermarket
Amazon has opened its first cashier-less supermarket in what is a big step forward in the onetime ecommerce giant’s growing battle with Walmart for control of the US grocery market.
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NewsMcColl’s profits slump as it seeks new debt arrangement
Struggling convenience store group McColl’s has posted declining profits and sales figures and confirmed it is in discussion with lending banks about a new debt facility.
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NewsNon-food prices fall at sharpest rate since May 2018
February shop prices fell despite food costs holding steady as non-food prices declined at their sharpest rate since May 2018, according to the BRC-Nielsen Shop Price Index.
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AnalysisData: The world’s 100 largest retailers by revenue
Eighty-eight European companies made it into Deloitte’s Global Powers of Retailing ranking, which analysed the performance of the top 250 global retailers.
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Retail VoiceThree ways AI will transform delivery
Artificial intelligence has become the technology – or rather family of technologies – du jour. The hype might be real, but so is the opportunity.
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NewsForever 21 names former H&M US boss as new chief executive
The new owners of fast-fashion retailer Forever 21 have named former H&M US president Daniel Kulle as chief executive to steer the business out of bankruptcy.
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NewsHammerson eyes further disposals this year with ‘nothing off the table’
Hammerson is considering further disposals this year and selling stakes in assets across its flagship centre and premium outlet portfolios, according to a senior executive.
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GalleryStore gallery: Tesco unveils first city-centre cashless store
Tesco has opened a cashless store as the number of customers paying with physical money declines in its Express stores. The store format in High Holborn, central London, is the second of its kind.
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NewsBoux Avenue calls in advisers as it mulls store closures
Boux Avenue has reportedly appointed advisers from Deloitte to discuss a potential insolvency process resulting in store closures.
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NewsTesco to axe 1,800 roles in store bakery shake-up
Tesco is to axe more than 1,800 roles as part of sweeping changes to the way it operates its in-store bakeries.