More on Me + Em – Page 1969
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NewsChristmas retail like-for-likes edge up 0.3%
Retailers are preparing for a flat trading year after like-for-like sales edged up just 0.3% in the critical December trading period, against a 2.2% increase in the same month the previous year.
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NewsBooths delivers record Christmas
Booths generated a 3.5% surge in like-for-like sales across the Christmas trading period, driven by customers planning ahead.
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OpinionBlog: Mr Selfridge provides inspiration for all of retail
Last night’s Downton Abbey-esque drama on how Selfridges founder Harry Gordon Selfridge built his empire served a healthy dose of inspiration for modern day retailers on the theatre of retail.
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InterviewQ&A: Morrisons chief executive Dalton Philips defends strategy
Morrisons today reported a 2.5% fall in like-for-like sales in the six weeks to December 30 after a poor Christmas. Chief executive Dalton Philips and chief financial officer Richard Pennycook explained to the media what went wrong and set out their plans for the future.
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AnalysisAnalysis: Anders Kristiansen's to-do list as he starts at New Look today
As New Look’s new chief executive Anders Kristiansen takes the helm at the fashion retailer today, Retail Week looks at what the former Bestseller China boss needs to focus on.
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OpinionBlog: Morrisons' uphill battle
Morrisons is the first of the big four to report on Christmas trading this week, and as expected, it makes for grim reading. While there was no profit warning, Christmas like-for-likes fell 2.5%.
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NewsB&Q accuses rivals of misleading shoppers over kitchen discounts
DIY giant B&Q has accused its rivals of misleading consumers with their yo-yo prices.
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OpinionComment: Morrisons are years behind the competition
Morrisons needs to act quickly to address its problems before the competition leaves it behind.
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AnalysisMorrisons: What the analysts say
Supermarket Morrisons has posted a “disappointing” performance across Christmas. Retail Week takes a look at analyst reaction to the news.
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NewsDecember spending "disappointing", says Visa Europe
Shopper spend fell 1.7% year-on-year in the crucial December trading period as spending on the high street dipped, according to Visa Europe.
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OpinionComment: Chinese retailers need to raise their UK game
Bosideng, the Chinese retailer with thousands of shops in its home country, opened its first UK store last year.
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NewsHouse of Fraser has "best ever" Christmas as like-for-likes jump 6.3%
Department store House of Fraser said last Christmas was its “best ever” as like-for-likes jumped 6.3% in the six weeks to January 5.
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NewsNew Look like-for-likes edge up 3.7% over Christmas
Fashion chain New Look’s like-for-likes rose 3.7% in the 14 weeks to December 29.
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NewsWarehouse boss Meg Lustman to step down
Warehouse managing director Meg Lustman is to step down from the fashion retailer despite strong sales over Christmas.
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NewsRBS private equity arm eyes Dreams acquisition
The Royal Bank of Scotland’s (RBS) private equity arm has expressed an interest in acquiring up-for-sale retailer Dreams.
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NewsMorrisons like-for-likes fall 2.5% after 'disappointing' Christmas
Morrisons has reported a “disappointing” performance over Christmas amid a “highly promotional market”.
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NewsMorrisons enlists Ant and Dec for TV campaign
Morrisons has agreed a partnership with TV presenters Ant and Dec. The duo will star in the grocer’s new advertising campaign and Morrisons will sponsor their Saturday night light entertainment TV shows, Britain’s Got Talent and Ant & Dec’s Saturday Night Takeaway.
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AnalysisGap's acquisition of luxury retailer Intermix: What do retailers need to know?
As Gap snaps up designer US chain Intermix, Retail Week looks at why it has moved into the luxury sector.
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AnalysisAnalysis: What can the City expect from the updates next week?
Next week is set to be pivotal in defining how the retail sector performed during the festive period as several large retailers update on their trading.
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NewsRetailers braced for unprecedented level of January returns
Retailers are braced to receive more returned items than ever before as the growth of online shopping threatens to distort retailers’ sales figures.