More on Me + Em – Page 2342
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NewsConsumers starting to ration as cost of living rises, says Asda
Consumers are suffering from a “toxic mix” of “facts and fear” about household incomes, eurozone debts and rising prices, according to Asda chief finance officer Judith McKenna.
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NewsShop Direct hires new Very boss as Asda suffers another departure
Home shopping group Shop Direct has poached Asda marketing director Jon Owen to lead its flagship brand Very.
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Opinion
Chocs Away
Thorntons boss Jonathan Hart’s biggest task is restoring the prestige of the brand
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News
Massmart to focus on integration with Walmart
Massmart has said that it is focused on integration with Walmart now that the deal has been approved, particularly in terms of governance, procurement processes and sharing best practice. Massmart chief executive Grant Pattison said the company is first and foremost putting in place measures to implement the conditions the ...
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News
Whole Foods Market sets sight on store growth
Whole Foods Market sees the potential to more than triple its number of US stores, co-chief executive Walter Robb has said. Robb feels Whole Foods can grow its domestic store base from about 300 currently to 1,000 in the longer term.In Canada, the retailer is also looking to ramp up ...
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OpinionReaping what you sow
It’s no coincidence that a flurry of retailers have hit the wall in the past week
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NewsM&S launches earlier summer Sale
Retail bellwether Marks & Spencer launched its seasonal Sale today, a fortnight earlier than last year.
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NewsWaterstone's operations and commercial directors exit
Bookseller Waterstone’s has revealed that commercial director Michael Neil and operations director Roger Childs will be leaving the business with immediate effect.
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NewsEdinburgh Woollen Mill acquires Jane Norman but 33 stores to shut
Edinburgh Woollen Mill has bought the Jane Norman brand and 33 stores from administrator Zolfo Cooper.
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NewsWestfield reveals plans for £1bn White City extension
Consultation on Westfield’s plans for a new £1bn mixed-use quarter directly to the north of the Westfield London shopping centre in White City, west London, has begun.
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NewsEdinburgh Woollen Mill "close" to Jane Norman deal
Edinburgh Woollen Mill is reported to be “close” to a deal for womenswear chain Jane Norman, which went into administration yesterday (June 27).
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NewsDFS beats harsh trading conditions to post profits rise
Sofas specialist DFS has bucked the dismal furniture market trend to post a rise in EBITDA and flat sales in its most recent nine months’ trading.
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NewsThorntons to slash number of company-owned stores
Thorntons plans to close at least 120 stores, and may close a further 60 more, following the completion of its strategic review.
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NewsCarpetright profits slump in the face of weak consumer demand
Floorings giant Carpetright has suffered a 40% plummet in underlying pre tax profit to £16.9m as weak consumer confidence hit the retailer.
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NewsRay’s royal suit is barking mad
Ted Baker founder Ray Kelvin was dressed for the occasion when he picked up his CBE for services to fashion at Buckingham Palace
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OpinionRetail surgery: Does localism have implications for warehouse development?
Does the Government’s localism strategy have implications for any new warehouse development?
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NewsTJ Hughes puts administrators on standby
TJ Hughes has today filed an intention to appoint an administrator, making it the fourth retailer within a week to call in the administrators, Retail Week can reveal.
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News
Metcash expects challenging year
Grocery wholesaler Metcash has posted a 6% rise in annual net profit to Aus$241.4m (£156.7m) for the year ended April 30. Net sales grew 7.4% to Aus$12.5bn (£8.1bn)
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NewsVAT rise floated at furniture crisis summit
Retailers have hit out after the prospect of a further rise in VAT was floated at a crisis meeting last week between furniture retailers, the Department for Business and the Bank of England.
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Opinion
Waiting on Waitrose
Ocado has just made its maiden profit and inspires affection from customers most retailers can only dream of; what’s not to like?