More on Me + Em – Page 1909
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NewsVideo: Sainsbury’s and Waitrose record strong growth after horse meat scandal
Sainsbury’s and Waitrose have recorded strong sales growth as grocers not implicated in the horse meat scandal drew custom.
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NewsStaples hires new UK boss to lead multichannel strategy
Staples has today appointed new UK vice president Carlos Maia to lead a multichannel strategy, integrating its online operations with stores.
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AnalysisKingfisher full-year figures: What the analysts say
Kingfisher, the DIY group which owns B&Q and Screwfix, today posted an 11% drop in pre-tax profit to £715m for the year to January 31, 2013. Retail Week takes a look at what the City thinks.
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NewsB&Q owner Kingfisher posts full-year profits plunge
Kingfisher full-year group pre-tax profits plunged 11% to £715m in its year to January 31 as wet weather hindered sales in the UK.
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NewsSofa specialist DFS backs Irish retail market and eyes expansion
DFS has signalled its confidence in the Irish market despite some UK retailers putting their businesses through insolvency protection processes this year.
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News
Group sales increase for DIY retailer Hornbach
DIY retailer Hornbach’s group sales increased 0.8% to E3.23bn (£2.75bn) in the year ended February 28.The Hornbach-Baumarkt fascia achieved growth of 0.6% to E3bn (£2.5bn) year on year. Consolidated like-for-like sales dropped 1.4% from the previous year’s level of 2.8%.
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News
H&M suffers lower than expected first-quarter sales
Fast-fashion retailer H&M said its first-quarter sales did not reach expectations because of unfavourable weather and a tough economic climate.In the three months to February 28 sales increased 6%. However, when taking into account calendar and currency effects, sales rose 2% to SEK28.39bn (£2.87bn). Like-for-like sales fell 3% in the ...
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News
Supervalu completes sale to AB Acquisition
Supervalu has completed the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners.The disposal to AB Acquisition, an affiliate of an investment consortium led by Cerberus Capital Management, is a stock deal valued at $3.3bn (£2.17bn), which includes $100m (£65.8m) in cash and $3.2bn (£2.1bn) in debt assumption.
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News
Convenience store operator Couche-Tard reveals revenue increase
Convenience store operator Couche-Tard revealed net earnings rocketed 64.2% to $142.5m (£93.8m) in the third quarter ended February 3. Revenue increased to $11.6bn (£7.6bn) from $6.6bn (£4.3bn). Like-for-likes were up 1.7%in Canada and 0.8% in the US.President and chief executive Alain Bouchard said: “Our recent acquisitions continue to contribute significantly ...
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NewsShoppers back price-matching schemes as Sainsbury’s makes Tesco complaint
Shoppers have thrown their weight behind grocers’ price-matching schemes as controversy over Tesco’s Price Promise promotion mounts.
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AnalysisThe Budget: What do retailers need to know?
Last week’s Budget brought some good news for retailers and consumers but failed to address business rates
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NewsRetailers meet with Government to debate high street's future
The Government’s new Future High Streets Forum, co-chaired by Alliance Boots’ health and beauty boss Alex Gourlay, met for the first time today to attempt to plot a course for the high street’s recovery.
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NewsSainsbury's accelerates convenience store expansion in London
Sainsbury’s is to accelerate its convenience store expansion in London and the Southeast as competition in the area hots up.
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NewsWilkinson multichannel boss Simon Hathway set to exit
Wilkinson head of multichannel Simon Hathway is set to leave the value retailer in September after six years at the company.
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OpinionBlog: How to make blogs work for your brand
Every single week retailers and brands blow between £20,000 to £40,000 on social media which give little, if any, return.
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Opinion
Blog: With great brands come great design challenges
Jigsaw24 is the largest supplier of Apple products to the UK’s creative industry. With such tech savvy customers, the company’s site needed to hit the mark in terms of user experience.
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AnalysisProfile: New Blockbuster managing director Gary Warren
If Gary Warren thought he had a mountain to climb at HMV, he is about to take on the Everest of retail challenges in his new job.
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AnalysisInfographic: The impact of 4G on UK retail spending
Research released today forecast the impact of the arrival of 4G in Britain and said it could boost the retail economy by around £1.8bn a year.
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OpinionComment: Trinity Leeds and Buchanan Street – the last hurrah?
Leeds and Glasgow were the locations last week in which excited, or so it seemed, shoppers headed out to inspect new shopping destinations.
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News4G to boost retail spend by £1.8bn a year, says eBay
The arrival of universal 4G in Britain could boost the retail economy by around £1.8bn a year, according to new research by online giant eBay.