More on Me + Em – Page 676
-
InterviewInterview: Meet the ex-Superdry exec building an off-price retail empire
Secret Sales is the first acquisition by the newly formed Lifestyle Retail Group (LRG) as its co-founder, former Superdry ecommerce executive Chris Griffin, sets his sights on revolutionising the off-price retail sector.
-
NewsChinese etailer JD.com returns to profit as sales climb
Chinese ecommerce titan JD.com beat analyst expectations with its second-quarter results, bolstered by sales from its annual 6.18 shopping festival.
-
-
OpinionRetailers must abandon one-size-fits-all discounting
Barely 10 years ago, consumers were delighted with twice-yearly, end-of-season Sales. Fast-forward to today and there seems to be a never-ending cycle of price reductions – ever-earlier seasonal Sales, continuous ‘promos’, discounting disguised as loyalty programmes, Black Friday, Cyber Monday… the list goes on.
-
NewsLakeland launches first loyalty club scheme
Lakeland has unveiled plans to launch its first loyalty club, offering customers discounts, special offers and previews of new products.
-
NewsHomebase appoints former Kingfisher director to lead Bathstore
Homebase has announced the new director of Bathstore following the acquisition of the bathroom retailer last month.
-
-
NewsSports Direct in crunch talks with government as auditor quits
Sports Direct is in a race against the clock to appoint an auditor ahead of its annual general meeting in September when current auditor Grant Thornton will step down.
-
NewsAsda staff protest against new contracts amid 'bullying’ claims
Asda staff will take part in a mass demonstration outside its head office today over claims the grocer is “bullying” workers into signing new contracts.
-
NewsSteinhoff to sell off assets following accountancy scandal
South African retail giant Steinhoff is set to cut its debt and trim down its assets to focus on retail investments after a previous $7bn (£5.8bn) accountancy scandal.
-
AnalysisAnalysis: How Britain’s oldest furniture store Heal’s is going digital
Heal’s furniture store is steeped in history. Opening in the 19th century – as a business that brought French-style feather-filled mattresses to the masses – John Harris Heal started what is now one of Britain’s most well-known furniture stores.
-
-
NewsSecret Sales to relaunch after sale to Lifestyle Retail Group
Secret Sales is relaunching following its acquisition by the newly formed Lifestyle Retail Group (LRG).
-
NewsCity watchdog delays implementation of new online payment rules
The financial regulator has extended the deadline for new rules on online payments for 18 months, which the BRC says “avoids a payments cliff-edge”.
-
AnalysisHow Dr Martens made direct to consumer its stomping ground
Dr Martens unveiled a spike in full-year profits after direct-to-consumer sales soared. Retail Week spoke to chief executive Kenny Wilson about how he plans to run ahead of the market.
-
NewsChancellor Sajid Javid shrugs off plea for business rates reform
Chancellor Sajid Javid has shrugged off pleas by the retail industry for reform of the “broken” business rates system.
-
NewsWaitrose sales fall amid changeable weather
Waitrose’s total weekly sales fell across the board last week as changeable weather altered people’s shopping behaviour.
-
NewsWatches of Switzerland hails ‘strong’ first quarter since IPO
Watches of Switzerland group posted an increase in sales and like for likes during its first quarter since becoming a listed business.
-
NewsPoundland pilots move from single price to ‘simple’ price
Variety store group Poundland is to pilot prices below £1 for the first time, along with higher price points to deliver “even more amazing value” for shoppers
-
AnalysisForget Alibaba and JD.com – who are China’s next retail giants?
The Chinese retail market is dominated by two heavyweights – Alibaba and JD.com. However, new players are reinventing retail space, exploring new opportunities and challenging the market shares of the two giants.