More on Me + Em – Page 1934
-
NewsPoundstretcher eyes over 20 former Comet stores
Poundstretcher is in negotiations to acquire over 20 former stores of electricals retailer Comet, which disappeared from the high street last year.
-
News
Discount store Aldi Süd to open numerous Australian stores
German discount store chain Aldi Süd has revealed plans to open up to 110 shops in Australia, 40 to 50 of which will be located in south Australia and 50 to 60 in the west of the country.Aldi said it was committed to the expansion, but that it would take ...
-
News
Tensions continue between Carrefour and Turkish partner Sabanci Holdings
Tensions continue between French retailer Carrefour and its Turkish partner Sabanci Holdings over their joint venture.There is an ongoing argument over the valuation of the partnership’s property. Valuing the store network is a challenge, given the prime locations of some outlets, especially in Istanbul.The newspaper Ekonomik Ayrinti estimates the estate’s ...
-
News
Woolworths reports group sales increase
Food and clothing retailer Woolworths said group sales increased 18% to R16.7bn (£1.21bn) in its first half to December 23, 2012.The retailer also said that operating profit was up 20.6% to R1.7bn (£123.6m). Profit before tax increased 21% to R1.8bn (£130.9m).
-
OpinionComment: Horse meat, costs and managing supplier relationships
The horse meat scandal has got me thinking about relationships between retailers and suppliers, particularly in this zero growth market.
-
AnalysisAnalysis: Contactless cards - are they the future for payments?
UK consumers have millions of contactless payment cards, so why haven’t they changed the way retail transactions are made?
-
AnalysisAnalysis: Horse meat scandal delivers supply chain lessons
Sarah Butler investigates the supply chain implications after horse DNA was found in burgers and ready meals sold by a number of retailers.
-
News
Rewe Group to extend Austrian division
German grocer Rewe Group’s international division and petrol station operator BP are to extend their co-operation in Austria.The companies will roll out the Merkur Inside forecourt store model to about 80 BP petrol stations across the country, adding three to four new outlets every month by the end of 2014. ...
-
News
Grocery retailer Spar posts rise in total group sales
Grocery retailer Spar posted total group sales up 3.5% to E12.58bn (£10.84bn) in its 2012 financial year, from E12.15bn (£10.47bn) in 2011.Domestic sales, excluding sport and leisure retailer Hervis, rose 3.8 % to E5.56bn (£4.79bn).Sales at Aspiag (Austria Spar International AG) in Croatia, Czech Republic, Hungary, Italy and Slovenia, were ...
-
News
Sales increase at organic grocer Whole Foods Market
Sales at organic grocer Whole Foods Market in the first quarter were up 14% to $3.9bn (£2.5bn), and like-for-like sales rose 7.2%.EBITDA rose 19% to $337m (£217.8m) and net income advanced 24% to $146m (£94.4m).Co-chief executive officer Walter Robb said that a record 10 stores opened during the quarter, and ...
-
News
Walmart begins testing self-scanning technology
Walmart has begun testing self-scanning using shoppers’ smartphones at 40 stores in Denver, Colorado.Customers can download the Scan & Go app to their phones, and then scan products in-store. Once their shop is complete, they select ‘done shopping’ on the app. A QR code is created and shoppers are prompted ...
-
OpinionComment: What do the recent Google Shopping changes mean for retailers?
Google Shopping has changed the way it operates – products will no longer be listed unless they have been paid for. What do retailers need to consider?
-
OpinionBlog: A new era for Asda
We’ve seen Tesco boss Phil Clarke outline his strategy over the past year and now it’s the turn of Asda’s chief Andy Clarke.
-
OpinionComment: Morrisons’ convenience deal gives the grocer a reason to smile
Morrisons acquisition of 49 former Blockbuster stores for its convenience business should give the grocer a reason to be cheerful.
-
NewsBestseller rules out Republic rescue as expressions of interest filed today
Danish fashion giant Bestseller has ruled out a rescue bid for branded fashion chain Republic, which collapsed into administration last week.
-
NewsAsda drafts in McKinsey to advise on new five-year plan
Asda is to review its business to develop a wide-ranging strategic plan for the next five years and equip it for the changing retail landscape.
-
NewsThe Entertainer to open first overseas stores in Pakistan and Dubai
Toy retailer The Entertainer is to open its first overseas stores in Pakistan and Dubai as it builds on its UK expansion.
-
NewsFinal bids for Dreams due next week as buyers including Sir Philip Green circle
Final bids are due in for beds retailer Dreams next week as suitors including Sir Philip Green circle the business.
-
NewsFurther 37 HMV stores to close, 464 jobs in jeopardy
A further 37 HMV stores are set to close, putting 464 jobs on the line as administrator Deloitte restructures the business in advance of a possible sale.
-
NewsHMV: List of further store closures
A further 37 HMV stores are to be shuttered following the initial 66 already slated for closure this month. The closures would leave 116 stores trading.