More on Me + Em – Page 2357
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NewsSainsbury's like-for-likes up 1.9%, but warned of tough outlook
Sainsbury’s has reported like-for-like sales in its first quarter excluding petrol up 1.9% in the 12 weeks to June 11, and warned the market remains very competitive reflecting the challenging economic backdrop.
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NewsTesco kicks off Back to School campaign
Tesco is gearing up for back to school in September with the launch of a one-price-fits-all school uniform priced at £4.50.
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NewsBT Retail Week Technology Awards winners revealed
The winners of the BT Retail Week Technology Awards 2011 were announced at a ceremony in London last night.
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News
Migros Ticaret sells discount store chain
Supermarket retailer Migros Ticaret has afreed to sell its discount store chain Sok to Turkish reatiler Bizim Toptan and private equity firm Gozde Finansal.Migros sold 99.6% of its stake in Sok. The transaction is conditional upon regulatory approval from the Turkish Competition Board and is expected to close in the ...
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News
Carrefour to revive promotional activity
Carrefour director for French hypermarkets Guillaume Vicaire has said the revival of promotional activity will become a priority under the leadership of chief executive Lars Olofsson
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NewsGap remodels Old Navy
Clothing retailer Gap is to remodel its discount clothing chain Old Navy, abandoning its surplus feel in favour of a more modern lookThe new store arrangement organises clothes into areas based on outfit types to encourage more impulse purchases.Store designers have moved the checkout area and changing rooms to the ...
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Opinion
Marks & Spencer launches Facebook store
Marks & Spencer is the latest in a long line of retailers to jump on social and F-commerce with the launch of its Facebook store.
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NewsInflation remains unchanged at 4.5% in May
Inflation remained unchanged at 4.5% in May, according to the Office for National Statistics (ONS).
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NewsVoucher specialist Park Group pre-tax profits soar
Christmas hamper and voucher specialist Park Group’s pre-tax profit soared 33% to £7m in its financial year ending 31 March.
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NewsTed Baker sales soar ahead of expectations
Premium fashion retailer Ted Baker has beaten analysts’ expectations, posting a 15.2% rise in group revenue for the 19 weeks to June 11.
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NewsTesco reports subdued UK sales, but international holds up
Tesco has reported UK like-for-like sales excluding petrol and VAT down 0.1% in its first quarter to May 28, reflecting the subdued market.
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NewsBest Buy UK big boxes lose £62m in first year
Best Buy’s fledgling big box business lost £62.2m in its first full year of operating in the UK, joint venture partner Carphone Warehouse reported.
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NewsGame appoints new boss of UK and northern Europe
Game has hired Tom Devine as regional managing director of the UK and northern Europe.
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NewsH&M to open in Westfield Stratford
Swedish fashion giant H&M will open in Westfield Stratford City in the autumn and the store will be the second in the UK to stock its homeware collection.
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NewsMohamed Al-Fayed linked to Cocosa acquisition
Former Harrods owner and entrepreneur Mohamed al-Fayed is reported to be plotting a return to retail by acquiring online luxury business Cocosa.
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GalleryNike Town, Oxford Circus
The Champions League celebrations in Barcelona and Wembley seem a rather distant memory a few weeks on, but Nike Town did its best to prolong things
with an in-store event that seemed to be capturing the imagination of everyone entering the store. -
NewsUK luxury market to grow 57% by 2015
The continued success of brands such as Burberry and Jimmy Choo will help the UK luxury sector to grow by 57% to £9.4bn by the end of 2015, according to research from luxury trade body Walpole.
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NewsReuben brothers take £2m stake in Blue Inc
Billionaire investors the Reuben brothers have taken a holding in fashion retailer Blue Inc, it is understood.
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NewsRepublic asks banks for headroom
Republic, the branded young fashion chain, has asked its banks for increased financial flexibility as it contends with challenging trading conditions.
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NewsKing and Robertson honoured in Queen's birthday honours list
Retail heavyweights Justin King and Nick Robertson have been honoured in the Queen’s birthday honours list.