More on Me + Em – Page 661
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NewsOcado completes vertical farming joint venture deal
Ocado has completed its deal to invest in the vertical farm partnership that it first mooted in June.
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NewsOasis and Warehouse profits rise despite ‘challenging retail environment’
Oasis and Warehouse group posted “strong growth” in sales and profits during its full-year results, the first since new chief executive Hash Ladha was appointed last October.
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NewsIkea sales jump after focus on business transformation
Ingka Group, the owner of Ikea, has reported an increase in sales and hailed the success of its business transformation plan, which has seen it invest in new regions, home delivery networks and digital.
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CartoonRetail cartoon: New Kingfisher boss' big fixer-upper
Patrick Blower’s take on whether new Kingfisher boss Thierry Garnier can rebuild the DIY giant’s fortunes.
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VideoTech. Cast: Beringea chief investment officer on AI and omnichannel
Karen McCormick discusses how ingrained AI will be in what we do in the future, omnichannel retail growth and how Tech. brings together all within the retail ecosystem to discuss the exciting things happening for the future.
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NewsBoohoo profits rocket as international sales surge
Boohoo’s profits almost doubled in its first half as the etailer recorded “strong revenue growth” across its markets.
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NewsSainsbury’s second-quarter sales dented by Argos
Sainsbury’s has hailed “improved sales momentum” during its second-quarter despite challenging trading at Argos weighing on its top line.
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InterviewInterview: Making Ikea relevant for millennial shoppers
After an 11-year hiatus from the Swedish homewares retailer, Peter Jelkeby has returned to Ikea as its new UK and Ireland boss. He tells Retail Week his plan to make living affordable, sustainable and convenient for today’s shoppers.
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NewsCo-op launches app to drive ‘digital future of convenience’
The Co-op has launched a new smartphone app that will push personalised deals to its millions of members.
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NewsM&Co profits fall as ‘unprecedented trading challenges’ bite
M&Co has posted a fall in annual earnings after confronting “unprecedented trading challenges”.
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NewsMarks & Spencer and Richer Sounds to pilot concession tie-up
Marks & Spencer is to introduce Richer Sounds as a concession partner as part of the ongoing overhaul of its store proposition.
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NewsSmiggle ratchets up pressure on landlords
The Australian owner of stationery retailer Smiggle has laid the groundwork to increase the pressure on landlords in upcoming lease negotiations by aligning store fit-out costs with break clauses.
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NewsJohn Lewis blames warm weather for weekly sales slump
John Lewis & Partners has blamed the “unseasonably” warmer weather for its tumbling weekly sales.
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NewsCard Factory sets sights on expanding retail partnerships
Card Factory is set to roll out more partnerships and in-store concession stands following successful trials at Aldi and Matalan.
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NewsOnline sales growth stutters in August despite fashion uplift
Online sales growth stagnated last month as strong sales in menswear were hampered by declines in electricals, gifts and home and garden categories.
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NewsMoss Bros to trial premium service in bid to revive hire business
The chief executive of Moss Bros has said that the menswear retailer will be launching a “premium rental service”, as it bids to turn around its flagging hire business.
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NewsMoss Bros half-year profits flat as sales edge up
Moss Bros has posted broadly flat underlying profits at the half-year mark as the retailer posted a small uplift in overall revenue despite a slump in hire sales.
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NewsHotel Chocolat full-year profits beat expectations as sales climb
Hotel Chocolat has reported a sales rise spurred by product innovation in what boss Angus Thirlwell described as a “year of significant progress”.
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NewsCard Factory half-year profits slip as Brexit stockpiling hits margins
Card Factory has posted a decline in half-year profits despite increased sales as the retailer unveils plans to roll out its Aldi supply partnership.