More on Me + Em – Page 93
-
NewsMulberry has announced a new turnaround plan and CFO appointment
Mulberry is embarking on a new turnaround strategy and has announced the appointment of a new chief financial officer with the aim of returning the brand to profitability.
-
NewsH&M ‘on track’ as sales and earnings rise
A year into his role, H&M chief executive Daniel Ervér has maintained that the retailer is “on track” as he reported higher sales and profits.
-
DataMapped: Retail’s 101 favourite stores and where to find them
Retail leaders, journalists and commentators told us their favourite stores. Here is where in the world you can find them.
-
NewsRetail crime ‘spiralling out of control’ as violence and abuse soar
Retailers have suffered record levels of crime, despite spending more than ever before on prevention.
-
NewsAsda launches long-term price offensive with return of rollback and ‘Asda Price’
Asda is slashing prices, including through the reintroduction of its rollback reduction programme, as it seeks to reestablish its value for money credentials.
-
InterviewQ&A: Morrisons CEO Rami Baitiéh on whether the Budget threatens its bounceback
Since joining the business as chief executive in November 2023, Rami Baitiéh can be more than happy with what he’s achieved in that time. But does the Budget threaten to sink that turnaround?
-
NewsCrew Clothing ramps up store expansion plans following Christmas sales surge
Fashion retailer Crew Clothing is planning to open “at least” 20 stores in 2025 following a surge in sales over Christmas.
-
NewsTesco becomes latest grocer to axe jobs in efficiency drive
Market leader Tesco has become the latest big grocer to cut jobs as retailers confront rising costs.
-
NewsMorrisons hails ‘broad based progress’ as profits and revenues jump
The grocer’s turnaround looks to be gathering pace as it reported strong Christmas trading and full-year profits and revenues both climbing.
-
NewsCastore scores big over Christmas with ‘strongest ever sales performance’
Sportswear brand Castore has enjoyed a “record Christmas” hailing its “strongest ever trading performance” over the period.
-
NewsWHSmith’s travel business takes flight as high streets continue to drag
WHSmith has praised the “strong momentum” across its increasingly core travel business, not least in the US, while its high street stores performed “in line” with expectations.
-
Opinion‘Rising costs will tempt retailers to review commercial contracts – they must be careful’
Renegotiating arrangements can be a legitimate tool for managing financial challenges, but it’s rare for contracts to provide scope for termination or meaningful renegotiation based purely on changes in economic conditions, says Addleshaw Goddard’s Natasha Winter
-
NewsExclusive data: Lowest number of new UK retail CEOs since Covid
Only 22 permanent retail CEOs were appointed over the last 12 months, the lowest UK number in a decade except for 2021 when businesses were dealing with the fallout from the pandemic
-
AnalysisBridging the gap: how retail leaders can empower store staff with technology
New exclusive staff data shows that while many retail leaders are excited about the opportunities afforded by advancing in-store technologies, the store staff themselves still have many reservations.
-
NewsHalfords has upgraded its profit guidance following strong sales
Halfords has upgraded its profit guidance for the full year as it cites recent trading and “continued strategic progress”.
-
NewsQuiz is on the brink of administration following stock market exit
Fashion retailer Quiz is reportedly on the brink of administration days after its shares were delisted from the London Stock Exchange.
-
NewsJollyes sales soar as it embarks everyday low pricing model
Jollyes has posted strong Christmas trading results alongside a new commitment to shun loyalty prices for a new everyday-low-pricing model.
-
NewsHMV owner eyes 500 WHSmith stores, reports say
Canadian entrepreneur Doug Putman is in talks to buy the store network of the high-street stalwart, according to The Sun newspaper.
-
NewsWickes upgrades profit forecast as retail sales grow
Wickes has upgraded its full year profit forecast, after retail sales jumped in the second half of the year.
-
NewsPets at Home cites ‘challenging consumer backdrop’ for sales slide
Pets at Home has reported a slump in retail revenue in the third quarter, putting it down for a “challenging consumer backdrop”.