More on Me + Em – Page 1497
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AnalysisMorrisons: What the analysts say about Dalton Philips’ exit and trading
Retail analysts assess Morrisons’ prospects following its Christmas update and news that boss Dalton Philips will leave the grocer.
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NewsAsos reports increase in Christmas sales but margins hit
Fashion etailer Asos has reported its retail sales were up 15% over the Christmas period but margins were hit.
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NewsDebenhams posts Christmas sales rise but margins suffer
Debenhams generated a sales uplift over Christmas but suffered a hit to margins as its clothing performance proved “challenging”.
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NewsMorrisons boss Dalton Philips to stand down as Christmas like-for-likes drop
Morrisons chief executive Dalton Philips is to stand down as the grocer seeks to appoint a new leader to return it to growth.
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NewsBlack Friday hits December like-for-likes as it pulls forward Christmas sales
The shopping frenzy on Black Friday dented December like-for-like sales, although total food sales grew for the first time since April.
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NewsNRF: Debenhams international boss – Africa the next frontier for retailers
Africa is the next frontier for European retailers, Debenhams international director Francis McAuley said at the NRF conference in New York on Monday.
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NewsNRF: New Look to rethink its US strategy as it mulls third-party tie-up
New Look’s head of international partnerships Simon Taylor has revealed the retailer is in discussions with third parites about overhauling its US offer.
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NewsNRF: Walgreens exec advises retailers to invest heavily in loyalty schemes
Walgreens exec David Zychinski has warned against retailers being afraid of making high levels of investment in their loyalty schemes.
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OpinionNRF blog: Day two round-up – drones, RFID and retail's next frontier
NRF is huge – there are around 33,000 people here – and while there is a lot on show here is our pick of the technology trends affecting retailers.
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NewsBreakfast briefing: Retail news on December retail sales, M&S, Paperchase and Tesco
Retail news round-up on January 13, 2015:December retail like-for-likes fall, M&S boss Marc Bolland under investor pressure, Paperchase poised to push button on £100m sale, Australian firm Guvera eyes Tesco’s Blinkbox Music
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AnalysisSecretsales revenue surges in fourth quarter as it reports first profit
Flash Sales website Secretsales.com has made its first profit after its revenue grew 43% in the quarter ended December 31.
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AnalysisIn the news: ScS incoming chairman Alan Smith profiled
Amateur pilot and retail stalwart Alan Smith is to join furniture retailer ScS as non-executive chairman ahead of a potential IPO later this year.
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NewsMacy’s to close 14 department stores as it undergoes restructure
Macy’s is to close 14 stores and restructure its merchandising and marketing divisions, investing the savings into creating an off-price model.
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AnalysisInternational news analysis: Carrefour parts ways with Indonesian franchisee
Carrefour’s Indonesian stores are being taken over by local franchisee CT Corp and the French retailer’s name in the country is to be phased out.
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NewsUS retailers celebrate best Christmas sales in 10 years
An improving labour market and a drop in fuel prices helped US retailers record their best Christmas sales in more than a decade.
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NewsAlibaba to splash out $500m on Indian mobile payment platform
Chinese etailer Alibaba is in advance talks to snap up a $500m (£330.4m) stake in India’s One97 Communications’ mobile payment platform Paytm.
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NewsPaperchase reports strong Christmas as like-for-likes rise 3.1%
Greetings card retailer Paperchase has reported a strong Christmas with like-for-likes up 3.1% in the five weeks to December 27.
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NewsSuperdrug posts 7.4% lift in like-for-like sales over Christmas
Health and beauty specialist Superdrug has recorded strong Christmas trading figures and posted a 7.4% rise in like-for-like sales in December.
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NewsVision Express owner GrandVision unveils IPO plans
GrandVision, the owner of opticians Vision Express, is to float on the Euronext stock exchange in Amsterdam, The Netherlands.
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NewsFat Face sales up over Christmas but profits slip in half-year results
Fat Face delivered a 5% rise in retail like-for-like sales over Christmas, however the clothing retailer reported a dip in half-year profits.