More on Me + Em – Page 1945
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NewsOcado EBITDA climbs as it seeks to accelerate growth
Online grocer Ocado delivered a 23.9% surge in EBITDA to £34.5m last year as it generated double-digit sales growth after making improvements to its core offer.
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NewsOcado to double non-food range after dedicated warehouse opens
Ocado is poised to double its non-food SKU count by the end of the year as the online grocer bids to diversify its range and poach shoppers from rivals.
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NewsMorrisons boss Dalton Philips vows to ‘fight hard’ to win back spend
Morrisons chief executive Dalton Philips has issued a rallying cry to staff to “fight hard” in a bid to get the beleaguered grocer back on track.
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News
Thai retailer CP All outlines growth plans
Thai retailer CP All has outlined growth plans for its domestic and overseas markets. It plans to boost investment and expand its 7-Eleven convenience store chain to China and neighbouring countries.In Thailand, CP All intends to spend between Bt6bn and Bt6.5bn (£128.1m to £138.7m) this year opening 500 to 550 ...
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News
Austrian Federal Competition Authority raids Spar headquarters
Spar Austria’s headquarters in Salzburg have been raided by the Austrian Federal Competition Authority.According to the retailer, the investigation is targeting the purchasing department.Spar Austria spokeswoman Nicole Berkmann said the grocer was co-operating with the authorities and expects a quick and smooth resolution.Last year, the authorities searched competitor Rewe Group ...
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News
Auchan to open hybrid drive-thru supermarket
Auchan is to open its hybrid drive-thru supermarket, Multifrais, in Villeparisis, Paris. The 14,300 sq ft store will be beside a motorway, close to a recently opened Auchan Drive, and will focus on fresh and gourmet food.Four food corners will be dedicated to meat, alongside a wine cellar, but the ...
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NewsAsda to capitalise on onesie craze with bunny-themed Valentine’s ‘twosie’
Asda has launched a Valentine’s Day bunny-themed twosie that it hopes will stimulate a sales hop.
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OpinionComment: Angela Spindler is a welcome addition at N Brown
Angela Spindler was a surprise, but welcome, choice to become new chief executive of home shopping group
N Brown. -
OpinionComment: Reinvent your high street to avoid its demise
Last year, I highlighted the uneven playing field for store-based retail in relation to pure play, which does not face onerous rent and rates bills and is not even expected to make a profit.
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AnalysisAnalysis: Westfield and Hammerson help restore Croydon’s standing in retail
After months of standoff, property developers Westfield and Hammerson have agreed to work together to develop Croydon town centre. Caroline Parry finds out about their plans.
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Opinion
Farewell to Neville-Rolfe
This week Tesco marked the retirement of Dame Lucy Neville-Rolfe from its ranks in a fittingly glamorous evening at the V&A Museum.
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AnalysisThe Irish retail market: What retailers need to know
Problems at the Irish arm of B&Q highlight the fragile state of the market. Retail Week examines how retailers in Ireland are faring.
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OpinionBlog: Where next after Harris + Hoole
Much has been made of Tesco’s investment in artisan coffee shop Harris + Hoole, so much so that chief executive Philip Clarke wrote a blog a couple of weeks ago defending the grocer’s position.
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NewsAll Saints suffers departure of four top team members
Four top members of All Saints managing team have left just months after new chief executive William Kim joined the fashion retailer.
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NewsTesco to open first in-store Harris + Hoole in London Bridge
Tesco is to open its first Harris + Hoole coffee shop in one of its stores after securing planning permission at its Tooley Street store in London Bridge.
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NewsWaterstones boss says bookseller 'will not chase share' as losses widen
Waterstones’ boss has insisted the bookseller will not “chase share” at the expense of margins as it reported widening losses at the business in the year to April 28, 2012.
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NewsShop price inflation drops to lowest level in over three years
Shop price inflation reached its lowest level last month since November 2009, as it fell to 0.6% from 1.5% in December, according to the BRC-Nielsen Shop Price Index.
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NewsMarks & Spencer eyes European expansion for Simply Food format
Marks & Spencer is to launch its Simply Food concept into other Western European countries after it enjoyed strong food sales in its Paris flagship store.
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News
H&M reports sales increase
H&M’s sales including VAT for the full year 2012 rose 11% in local currencies.Net profit for the full year was up 7% to SEK16.87bn (£1.7bn) compared with SEK15.82bn (£1.59bn) in 2011.H&M opened 304 new stores worldwide in 2012 and will add 325 more this year, with the fastest rate of ...
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General merchandise retailer SOK reports net sales increase
General merchandise retailer SOK has reported net sales of e12bn (£10.34bn) for the 2012 financial year, up 5% compared with 2011. Supermarket sales rose 7.3% year on year, but sales in department stores and the automotive trade fell 3.3% and 8% respectively.Retail sales in Finland’s neighbouring countries totalled e466.3m (£401.8m), ...