More on Me + Em – Page 1907
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NewsGrocer Tesco poised to exit US as Fresh & Easy sale nears completion
Tesco chief executive Philip Clarke is poised to sell its US Fresh & Easy business just four months after putting the loss-making chain under review.
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NewsArgos faces industrial action at Staffordshire warehouse in pay row
Argos is facing potential industrial action at its Staffordshire distribution centre amid a row over pay with trade union Unite.
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InterviewQ&A: Jessops' new owner Peter Jones to build £100m business within a year
Jessops reopens its doors today after new owner and star of TV’s Dragons’ Den Peter Jones hopes to breathe new life into the “iconic” brand. Retail Week speaks to him about his plans.
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News
Sales rise at off-price retailer Ross Stores
Off-price retailer Ross Stores’ sales in the fourth quarter ended February 2 rose 15% to $2.76bn (£1.81bn) and like-for-likes advanced 5%. Net earnings rocketed 23% to $236.6m (£155.7m).For the full year, sales increased 13% to $9.72bn (£6.39bn) with like-for-likes climbing 6%, while net earnings soared 20% to $786.8m (£517.8m). Michael ...
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Stong performance for homewares retailer Williams-Sonoma
Homewares retailer Williams-Sonoma’s net revenues increased 8.7% to $4.04bn (£2.66bn) in the year ended February 3. Performance was driven by a 14.5% increase in direct-to-customer revenues and like-for-like growth of 6.1%.Net earnings rose 8.4% to $256.7m (£168.9m).
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NewsClose encounters of the customer kind
Argos has launched collectable figures of the extraterrestrial family that stars in its advertising campaign.
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NewsJessops reopens its doors under new owner Peter Jones of Dragons' Den
Jessops will today reopen its doors as Dragons’ Den TV star and new owner Peter Jones revives the 78-year-old business.
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News
Walmart to develop global ecommerce platform
Walmart is developing a global ecommerce platform called Pangea. Speaking to investors at the Bank of America Merrill Lynch Consumer & Retail Conference, Walmart chief financial officer Charles Holley said: “We want to have a common global platform that can flex to the market.”The US retail giant also aims to ...
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AnalysisAnalysis: Waitrose’s budding plans for growth in the gardening sector
As Waitrose announces a new gardening range, we look at how the category is performing and whether there’s space for a new entrant.
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OpinionComment: Peter Marks leaves a mixed legacy at the Co-operative
The claim by Co-op chief Peter Marks that he will be leaving the business in “great shape” may raise a few eyebrows.
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OpinionComment: Coherence, consistency, and completeness are key
Today’s consumers live complex lives. At every turn, they are bombarded with information and advice.
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AnalysisCampaign of the week: Asda Price Lock
Asda’s new TV advert, which cheekily casts a mother as the ‘Chancellor of the Checkout’, proved worthy of a media melee.
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GalleryStore gallery: Plenty in store at Trinity Leeds shopping centre
The opening of the Trinity Leeds shopping centre last week marked a new chapter for retail in Yorkshire’s commercial capital.
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AnalysisAnalysis: Has private equity been good for retail?
Despite accusations of loading businesses with debt and short-termism, private equity firms insist their investments can help retailers thrive.
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OpinionRetail surgery: How do I know if affiliate marketing is right for my business?
How do I know if affiliate marketing is right for my business?
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OpinionRetail surgery: How can I use SEO to create a cohesive brand presence?
How can I use SEO to create a cohesive brand presence?
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OpinionBlog: Regent Street's online hub curates social media content
The Crown Estate, the team behind Regent Street, has launched an online hub to pull together social media content about the West End destination from around the web.
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NewsHeston Blumenthal launches glasses range with Vision Express
TV chef Heston Blumenthal has designed an exclusive range of glasses influenced by his unqiue style which launch in Vision Express today.
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OpinionBlog: Retailers may need more customer-collaboration business models
It’s no secret the internet has transformed the way retailers must run their businesses.
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NewsDeputy PM to propose tax break on bonuses in John Lewis-type firms
Deputy Prime Minister Nick Clegg is to propose a tax break on bonuses handed out to staff in employee-owned firms as he attempts to boost what he calls the “John Lewis economy”.