More on Me + Em – Page 2408
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News
Gap to close 200 of its 900 stores worldwide by 2013
Clothing giant Gap is to close 200 of its 900 stores worldwide by 2013, and has stated that part of its difficulties are due to it not investing enough in attracting ethnic minority customers in the US. Chairman and chief executive Glenn Murphy said Gap’s market share among African-, Asian- ...
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News
Oxo total revenue jumps 16.3% to £3.2bn
Convenience store chain Oxxo has reported a total revenue increase of 16.3% for the 2010 financial year, up to 62.3bn pesos (£3.2bn). Sales growth was driven by the opening of 1,092 net new stores during the year and a 5.2% increase in like-for-like sales. Store traffic experienced a 3.9% increase, ...
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News
Mercadona gross sales up 6.3% to £341m
Grocer Mercadona has reported gross sales of E16.5bn (£14.2bn) for the 2010 fiscal year, up 6.3% from last year. Net income was E398m (£341m), a 47% increase compared with 2009. The company invested about E600m (£515m), opening a net total of 46 stores.Mercadona reduced prices by an average of 4% ...
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NewsVideo: Marks & Spencer shifts marketing focus
Marks & Spencer will tomorrow launch its spring advertising campaign featuring the use of ‘Only at Your M&S’ branding for the first time and including its first menswear TV ad.
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NewsHMV hires Comet's Ewan Pinder as head of technology
HMV has appointed Comet head of merchandising and store development Ewan Pinder as its head of technology.
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NewsCarphone Warehouse and Best Buy launch royal wedding phone
Carphone Warehouse and Best Buy are the latest retailers to jump on the bandwagon of royal wedding memorabilia with the launch of a special-edition royal wedding phone.
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NewsNew Look CEO Carl McPhail resigns
New Look chief executive Carl McPhail has resigned, and founder Tom Singh returns to the business.
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NewsTK Maxx unveils radical new ad message
TK Maxx has unveiled its spring television advertising campaign which breaks with tradition and lets shoppers into the closely-guarded secret, that the chain deals directly with designers rather than just sourcing old season stock.
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NewsTesco launches kids' wedding wear
Tesco has launched its first collection of bridesmaid and page boy outfits as part of its Florence & Fred (F&F) kidswear range.
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NewsFoyles acquires Grant & Cutler book store
Bookseller Foyles has acquired Grant & Cutler, the largest foreign language bookshop in the UK.
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NewsPeacocks considers sale of Bonmarché
The Peacock Group is reported to be exploring options for Bonmarché, which could lead to a sale of the older womenswear chain.
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NewsSir Terry Leahy invests in homework site
Sir Terry Leahy, who stood down from Tesco this month, has made his first significant investment since leaving the grocer.
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NewsJJB CVA gets landlord Hammerson's backing
JJB Sports’ proposed company voluntary arrangement (CVA) has been further bolstered as it wins landlord Hammerson’s backing.
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NewsHMV to present rescue plan to banks this week
HMV is to meet with banks this week to outline a rescue plan that could include a sale of its book chain Waterstone’s.
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NewsCrackdown on Channel Islands VAT loophole
Chancellor George Osborne is planning to crack down on cheap goods flooding into the UK from the Channel Islands.
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NewsAll Saints in final negotiations with potential investors
All Saints is understood to be finalising the terms of a potential £50m rescue deal to secure its long-term future.
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Opinion
Awards matter
Last week’s Oracle Retail Week Awards stand as proof of the importance of store design in difficult times
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InterviewVideo: Oracle Retail Week Awards winners interviews
We catch up with the winners backstage at the Oracle Retail Week Awards
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Opinion
A special night
The Oracle Retail Week Awards are always a special occasion, but this year the event went to a new level.