More on Me + Em – Page 2201
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NewsMorrisons acquires meat processing facility
Morrisons has acquired a meat processing facility in Winsford, Cheshire from Vion UK.The 105,000 sq ft site is a centralised fresh pork and lamb packing plant which has the capacity to expand into beef products and increase its overall production.The acquisition will give Morrisons greater capacity as it continues to ...
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NewsAmazon full year profits plummet as it continues to invest
Online retail giant Amazon revealed a sharp drop in full year profits despite soaring sales.
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NewsHouse of Fraser to extend collaboration with Mary Portas
Self styled retail guru Mary Portas will launch four more Mary & House of Fraser shop-in-shops, continuing her collaboration with the UK department store group.
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NewsArgos appoints John Walden as managing director
Argos has appointed John Walden as its new managing director.
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News
Hudson’s Bay completes Lord & Taylor acquisition
Department store operator Hudson’s Bay has completed the acquisition of its affiliate Lord & Taylor Holdings. Following the deal, Hudson’s Bay will run The Bay and Lord & Taylor banners. Richard Baker will remain governor and chief executive of the new partnership while Donald Watros continues as chief operating officer.Bonnie ...
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News
Sears cuts 400 jobs
Sears, the department store group, has cut about 400 jobs. The majority of the positions were in the head office and stores and excluded customer-facing staff. The lay-offs follow the December redundancies of about 70 head office staff. The retailer insisted it has no plans to close stores. Vice-president of ...
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News
H&M reports fouth quarter sales increase
H&M has reported its results for the fourth quarter and 2011. For the full year, H&M’s sales including VAT increased 8% in local currencies. However, sales in krona were hit by currency translation effects. Net sales reached SEK110bn (£10.4bn) while gross profit amounted to SEK66.15m (£6.2m), corresponding to a gross ...
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AnalysisJason Gissing
He may be a former City boy but he shuns a pinstripe image. Alex Lawson reports on the Ocado co-founder and his new role.
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NewsPeacocks receives six bids from potential buyers
Peacocks administrator KPMG has received six bids to buy the business, or parts of it, out of administration, Retail Week has learned.
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AnalysisSites: Recordstore Vs HMV
Dean Browell, Executive vice-president at Feedback shares his view of good and bad websites.
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Opinion
Lakeland launches mobile site
Creative kitchenware retailer Lakeland has launched a mobile-optimised version of its website to capitalise on the rise in m-commerce over the last year.
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NewsSpecsavers successfully sues Asda for trademark infringement
Specsavers intends to claim damages following a legal win against Asda, after the grocer used the trademark ‘spec saver’ phrase in an optical advertising campaign.
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NewsTesco market share slips
Tesco’s grocery market share has dropped significantly in the face of fierce competition according to new figures from Kantar Worldpanel.
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Opinion
John Lewis plans IT investment drive and 50 new recruits
John Lewis is embarking on a programme of technology investment that will see the department store chain overhaul several of its core IT platforms.
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InterviewQ&A: Shop Direct chief executive Mark Newton-Jones
During his eight years at Shop Direct, chief executive Mark Newton-Jones has transformed a struggling catalogue retailer into an online giant. As the retail boss reveals his plans to leave Shop Direct, Gemma Goldfingle finds out why it’s time to depart and what the future holds in store.
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NewsRetailers "lead the way" in resource efficiency
Retailers are “leading the way in improving resource efficiency while reducing environmental impact”, according to a British Retail Consortium (BRC) report.
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NewsConsumer confidence rises in January
Consumer confidence climbed four points to -29 in January’s Gfk NOP’s Consumer Confidence Index.
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GalleryIn pictures: Retail Trust Ball raises more than £1m
More than £1m was raised at The Retail Trust Ball held at Grosvenor House Hotel in London last night.
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NewsCarpetright issues profit warning
Floorings retailer Carpetright has issued a profit warning despite an improving trend in sales.
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NewsOcado pre-tax losses narrow
Ocado’s full-year pre-tax losses have slimmed to £2.4m from £12.1m in 2010 while sales grew.