More on Me + Em – Page 2396
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NewsTrend to reduce debt adds more pressure to retailers
Retailers must brace themselves for further falls in consumer spending as people opt to pay down debt as they tighten their purse strings
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NewsSports Direct signs former minister
Sports Direct has appointed former EU commissioner Charles McCreevy as non-executive director as it plots its European expansion.
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News
Bad news hammers store stocks yet again
General retail stocks had a poor week as a raft of bad news from non-food retailers brought home just how tough trading is.
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NewsHawkin’s Bazaar aims to double store count
Hawkin’s Bazaar plans to have up to 170 shops in the long term as it scouts for 60 temporary stores to open in time for its crucial Christmas trading period.
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NewsEileen Fisher debuts in Covent Garden
US womenswear retailer Eileen Fisher is set to debut in the UK, with two high-profile stores in London.
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NewsAurum up for sale for £200m but management team will stay put
The management team at jewellery giant Aurum is expected to remain at the helm to lead its international expansion after the business is sold.
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NewsNew Look holds fire on sale of French chain Mim
New Look founder Tom Singh is believed to have postponed the sale of its French basics chain Mim after kicking off a review of the New Look business.
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NewsPeacock Group enters talks to sell Bonmarché to Duke Street
The Peacock Group has entered exclusive talks with private equity investor Duke Street about a sale of its mature womenswear business Bonmarché.
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NewsAnn Summers hit by rising product costs
Ann Summers has reported a 3% increase in sales but a dip in profits for its full year, as rising product costs reduced its gross margins.
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News
Promotions hit Sunglass Hut’s profit margins
Sunglass Hut profits slumped in 2010 as its focus on promotions hit margins. Despite sales nudging ahead from £35.6m to £35.9m, operating profit dropped 16% to £2.6m.
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NewsShop Direct says sorry for Mother’s Day blunder
Online retail giant Shop Direct suffered the wrath of irate customers at the weekend when a computer glitch prevented flowers being delivered on Mother’s Day.
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OpinionCould JJB CVA start a trend?
JJB Sports was handed a lifeline when its landlords voted in favour of its second CVA.
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AnalysisValues retailer
Asda is implementing a ground-breaking efficiency programme in Bangladesh. Jennifer Creevy visits the factories for an exclusive look
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NewsNational Minimum Wage increase 'out of step with reality'
The National Minimum Wage increase of 2.5% to £6.08 is “out of step with reality”, according to retailers.
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NewsPlay.com seeks investors as it looks to expand
Online retailer Play.com is hunting for investment to fund its European-wide expansion.
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NewsUS DVD rental business Blockbuster sold to satellite broadcaster
US DVD rental business Blockbuster, which went bankrupt last year, has been bought by US satellite broadcaster Dish Network after it won a $321m (£196m) auction.
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NewsForever 21 to open at Bluewater
US fashion giant Forever 21 has signed for a store at Bluewater shopping centre, Retail Week has learned.
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NewsHalfords Q4 retail like-for-likes down 6.8%
Halfords has reported a tough fourth quarter with retail like-for-likes down 6.8%, and the cycles and automotive retailer is implementing a share buyback programme of up to £75m.
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