More on Me + Em – Page 2174
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News
Grocer Delhaize reports profit decrease
Grocer Delhaize reported underlying operating profit down 10.2% to E935m (£789m) for the full year 2011. According to the retailer, the decline was due to soft sales and price investment in the US partly offset by cost savings across the group. Net profit slipped 17.4% to E475m (£400m) primarily as ...
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News
Aeon to set up China headquarters
Japan-based Aeon is to set up its China headquarters in Beijing. The retailer is likely to expand its business operations in the country and diversify into property development, general financial services, speciality stores and supermarkets. President Motoya Okada said: “We aim to entrust local executives with management decisions.”Given the sluggish ...
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News
Metro’s cash and carry operation to launch online shop
Metro’s cash and carry operation in China is to launch an online shop for local business customers later this year. The assortment will include mainly ambient products although the business also plans to add non-food ranges in the future. In addition, the retailer intends to open at least 10 cash-and-carries ...
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NewsKwiksave to return to the high street next month
Kwiksave is to return to the high street next month.
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NewsLeahy to raise $750m for Chinese shopping mall venture
Former Tesco chief executive Sir Terry Leahy plans to raise $750m to launch his Chinese shopping centre venture.
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OpinionM&S and Game developments set backdrop for The Cloud Retail Week Conference
Chris Brook-Carter is Editor-in-chief of Retail Week. Chris has covered the FMCG and retail industries for 15 years, in particular covering the food, drinks and clothing sectors.
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NewsHomebase poaches Waitrose director to head up retail
Homebase has appointed Waitrose director of retail services Graham Heald as its retail and distribution director.
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NewsTesco considers raise in pension age
Tesco is considering raising the age its staff receive a full pension from 65 to 67.
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Opinion
What will it take to achieve ‘retailtopia’ in 2020?
We’re constantly asking ourselves what people will want from the future shopping experience so we can help our retail customers stay ahead of the game.
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NewsMarks & Spencer veteran Andrew Skinner leaves the business
Marks & Spencer veteran Andrew Skinner is leaving the retailer after almost three decades.
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NewsForeign investment in UK retailers set to surge
UK retail is braced for a boom in foreign investment after a series of acquisitions over the past year, predicts corporate adviser Clearwater Corporate Finance.
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NewsUrban Outfitters profits hit by discounting
US fashion retailer Urban Outfitters posted a 47.8% profits plunge for its fourth quarter as discounting impacted margins.
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NewsLingerie firm Eveden mulls sale
Online lingerie firm Eveden has hired advisers to explore its strategic options which could include a £150m sale.
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NewsHMV set to benefit as Game struggles
HMV is set to benefit from problems at Game as the latter fights for survival.
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AnalysisM-commerce: Making the most of mobile
Most retailers are now working hard on their mobile offers, and there are plenty of lessons to be learned. Jessica Twentyman highlights pitfalls to avoid in order to provide a high-quality customer experience.
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AnalysisJohn Lewis: IT integration takes flight
After a decade in the airline industry, Paul Coby joined the department store a year ago. Rebecca Thomson finds out his plans for technology.
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AnalysisHow can IT drive international expansion?
How can retailers expanding into new international territories ensure sales aren’t hampered by IT headaches? Alison Clements reports on how EPoS systems can be rolled out globally.
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AnalysisThe IT director’s changing role
As technology creeps into every aspect of modern retailing, the role of the IT team has grown. Alison Clements considers how IT management should be structured in order to get the best results.
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AnalysisIT’s quest for talent
From ecommerce to systems architecture, good-quality IT staff can be a nightmare to find. Alison Clements finds out how this is affecting retail and what can be done.
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AnalysisThe world’s most innovative technology
Innovation in retail is happening everywhere, from mobile in Africa to shopping walls in South Korea. Jessica Twentyman reports.