More on Me + Em – Page 1927
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NewsHalf-term and cold weather drives John Lewis sales up 17%
Sales at department store John Lewis rocketed 17.2% to £63.3m in the week to February 23, as half-term and cold weather helped to boost performance.
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NewsHMV thrown lifeline as Hilco prepares £50m bid to acquire it
HMV has been thrown a lifeline after restructuring firm Hilco entered into talks to buy the business out of administration in a £50m deal.
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News
Cencosud to invest in South America with new store openings
Retail group Cencosud has revealed it will invest $731m (£483.8m) in South America this year, opening a total of 58 new stores with the aim of reaching sales of $22.5bn (£14.9bn) by the end of 2013.The retailer plans to increase its sales area by about 5%. The outlay represents a ...
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NewsGrocer Waitrose expands Essentials range to non-food items
Waitrose will add a record number of products to its £1bn-sales Essential value range this year as the retailer seeks own-label growth.
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NewsMorrisons to tailor convenience store ranges as London push begins
Morrisons is to tailor its ranges to the London market as it begins its assault on the capital and Southeast with its convenience arm.
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News
Walmart records solid trading for fourth quarter
Walmart recorded solid trading in its fourth quarter. In the 13 weeks to January 25 group net sales increased by 3.9% to $127.1bn (£84.13bn). Group income from continuing operations rose 7.9% to $5.6bn (£3.71bn).Much of the growth was driven by overseas operations. Walmart International reported a 6.9% increase in fourth-quarter ...
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News
Walmart to continue expansion drive in Mexico and Central America
Walmart plans to continue its expansion drive in Mexico and Central America this year.The retailer will invest between MXN17.3bn (£902.4m) and MXN17.9bn (£933.7m) in the region this year to expand and modernise. That would be at least MXN2.5bn (£130.4m) higher than investments made in 2012.
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AnalysisInternational analysis: Office Depot snaps up rival to take on Staples
Office Depot has acquired smaller rival OfficeMax in a $1.2bn (£794m) all-stock deal. The newly formed business remains behind market leader Staples.
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AnalysisAnalysis: Quality and design drive Sainsbury’s non-food growth
Sainsbury’s non-food business has “come of age”. We discover how quality and design have played a vital part in its rejuvenated offer.
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OpinionComment: Retailers must stay sharp and alert to succeed
Lounging on the elevated veranda at the Royal Madikwe Safari Lodge, I survey a muddy waterhole and reflect on today’s highly successful dawn game drive.
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AnalysisCampaign of the week: Department store Debenhams, Life Made Fabulous
Debenhams’ new ad campaign sticks to the “winning formula” of showcasing star fashion designers, this time Ben de Lisi and Jasper Conran.
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AnalysisAnalysis: Is the Irish retail market down and out?
The appointment of examiners at B&Q Ireland has cast fresh doubts on the turbulent Irish market but, there are opportunities for growth too.
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Analysis
Advertising on Amazon: What do retailers need to know?
For the first time retailers can purchase display advertisements with retail giant Amazon to draw traffic to their own sites.
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AnalysisProfile: Morrisons convenience managing director Gordon Mowat
This week Morrisons added six former HMV stores to its growing convenience business. Retail Week meets the man at the centre of the expansion, Gordon Mowat.
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OpinionRetail surgery: How can we deal with underperforming stores?
How can we deal with underperforming stores?
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OpinionRetail surgery: How can I optimise my email marketing campaigns for mobile devices?
How can I optimise my email marketing campaigns for mobile devices?
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OpinionComment: Sports Direct's Republic buy ups pressure on JD Sports
Mike Ashley has made his desire to target JD Sports no secret and his latest acquisition of clothing retailer Republic aids his plans to grow the fashion side of the business further, intensifying competition between the two.
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NewsBudget variety retailer Tiger pre-tax profits rocket 101%
Budget variety retailer Tiger enjoyed a record 2012 as pre-tax profits rocketed 101% to £1.6m in the year as the retailer expanded its store base.
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NewsFormer Tesco US boss Tim Mason poised for UK retail return
Former Tesco US boss Tim Mason is in advanced talks to join Sun European, one of the front runners to buy up-for-sale retailer Dreams.
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OpinionComment: No more horsing around for retailers as they put scandal to rest
The horse meat scandal, which has dominated headlines for the past month, has opened a rich seam because it appeals to the British sense of humour.