All Retail Week articles in May 6 2011 – Page 2
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NewsAmbitious Achica nearing break-even
Private sales home and garden etailer Achica, set up by Asos founder Quentin Griffiths, is gunning to break even in the next three months.
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AnalysisWhat it’s like to work at Notonthehighstreet.com
The inside view from HR manager Susanne Wehring.
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NewsM&S deputy chairman Michels to stand down
Marks & Spencer deputy chairman Sir David Michels, who led the search for a successor to Sir Stuart Rose as chief executive, is to stand down in February 2012.
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NewsCarpetright sheds 350 jobs and 12 stores as cost drive continues
Carpetright has made about 350 job cuts in the past 12 months as it slashes costs in a difficult market.
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GalleryWindow of opportunity
It’s not all been about the royal wedding and Easter. John Ryan looks at shop windows at the opposite ends of the UK as the bank holiday frenzy draws to a close.
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NewsWhole Foods Kensington store posts profit for first time
UPDATED: Upmarket US grocer Whole Foods has signed for a store in Fulham in London and revealed that its flagship store in Kensington is now EBITDA positive.
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NewsDarren Blackhurst confirmed as new chief of Matalan
Darren Blackhurst has been confirmed as chief executive of Matalan, according to headhunters Flint Hyde.
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NewsM&S raids Mars and John Lewis to fill key roles
Marks & Spencer has strengthened its senior management with two key appointments.
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NewsOverseas helps Clarks profits to break £100m
Clarks’ group pre-tax profit has topped £100m for the first time in its 185 year history despite a “challenging” UK market.
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NewsAbsorbing price rises will cost Primark £20m
Analysts forecast that Primark could take a hit of up to £20m on profit margins this year as it absorbs input price rises to continue to offer its cheap chic fashion.
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NewsRivals circle Focus stores after its collapse into administration
4,000 jobs in the balance as struggling DIY retailer calls in Ernst & Young after defaulting on loan.
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NewsThe Hut gears up for float with adviser beauty parade
Online retailer backed by Rose considering IPO to capitalise on growing appetite for digital stocks.
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NewsAlexon back in the black as turnaround plan bears fruit
Fashion group Alexon has returned to full-year profitability as a result of successful restructuring agreements on loss-making shop leases and more focus on cutting operating costs.
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NewsNew categories overtake media products as Amazon diversifies
Amazon is gunning to grab share outside its core product categories as international sales in its non-media division overtook media for the first time.
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AnalysisEntertainment shift puts Amazon and Netflix top
The shifts in the way we purchase and consume entertainment products was again thrown into stark relief as upbeat quarterly results from Amazon and Netflix contrasted cruelly with stories of investors picking over Blockbuster and HMV.
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NewsBlacks banking on new ranges to return to profit
Outdoor clothing and equipment group Blacks intends to boost sales through new product categories as it bids to restore profitability.
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NewsCity expecting better news from retailers
A downbeat assessment of retail conditions from the CBI on Tuesday unsettled investors but just a day later fashion bellwether Next posted a better than expected first quarter, helped by warm weather.
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NewsCalls for new Comet boss Darke to shake things up
Electricals retailer Comet’s new managing director Bob Darke needs to bring a completely fresh approach if he hopes to turn the business around, observers believe.
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NewsHalfords model is ‘far from broken’ despite setbacks
Motor accessories specialist Halfords’ shares may now have now hit a floor and offer good value, according to Singer analyst Mark Photiades.
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Opinion
N Brown overlooked
While the etail era has made online outfitter Asos a share price star, another retailer well placed to benefit from changing shopper habits has been overlooked.