More on Me + Em – Page 2430
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NewsFindel to restructure in bid to lift performance
Home shopping group Findel aims to raise £80.5m via a rights issue and share placing as it plans to restructure its balance sheet and bids to improve performance.
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NewsClarke needs to convince UK still offers growth for Tesco
New Tesco chief executive Phil Clarke needs to do more to reassure the market about its performance and growth prospects in the UK, while also convince it of the virtues of its international operations, broker Barclays Capital said this week.
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NewsOcado slips as John Lewis sells stake
Online grocer Ocado’s share slipped after John Lewis’s pension trust sold its remaining 10% stake in the etailer for £152m.
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NewsBlacks forecasts slashed as Gillis announces departure
Broker FinnCap has cut its forecasts for outdoor specialist Blacks Leisure, which last week revealed chief executive Neil Gillis is leaving.
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NewsWestfield London signs two US retailers
Two US fashion retailers, Gap-owned Banana Republic and upmarket shoes and accessories brand Michael Kors, have signed for stores at Westfield London.
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NewsPortfolio shake-up and sharper promotions planned at Thorntons
Thorntons’ new chief executive Jonathan Hart has begun a strategic review of the chocolatier that will reshape its property portfolio and emphasise its “uniqueness”.
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NewsSelfridges to overhaul women’s designwear
Selfridges is to revamp its women’s designer floor in a bid to replicate the success of its Shoe Galleries.
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NewsHobbyCraft bolsters its management with FD
Arts and crafts retailer HobbyCraft has further bolstered its management team with the appointment of Staples’ UK & Ireland finance director Claire Blunt.
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NewsFormer Primark buying boss joins New Look to revamp product offer
New Look has hired former Primark buying and merchandising director Julian Kilmartin to help it fix the product mistakes it made in the latter half of 2010.
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NewsShare price soars at French Connection after stakebuilding
Fashion group French Connection’s shares rose sharply this week following stakebuilding by Standard Life.
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NewsCrossrail misery in Oxford Street
Road works for the new Crossrail project began on a key section of Oxford Street this week that are likely to affect footfall in the prime area around Bond Street station.
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NewsBlockbuster UK boss says business isn’t under threat
Blockbuster UK has insisted that the troubles its US parent Blockbuster Inc are facing do not threaten the British division.
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NewsGame’s new strategy aims to triple digital revenue by 2013
Retailer is aiming to be a fully multichannel business with a focus on downloads and mobile gaming
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NewsCVA talks with landlords ‘constructive’, says JJB
JJB Sports chief executive Keith Jones said he has been encouraged by landlords’ responses so far as crunch talks about the retailer’s potential CVA continue.
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NewsSocial media yields £1.5m sales for Tesco
Tesco’s clothing division has generated £1.5m of sales via social media in the past year to date and will continue to bolster its credentials in the fashion world.
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NewsSainsbury’s installs non-food kiosk in Local store
Sainsbury’s has installed its first non-food ordering kiosk in a local convenience store in a bid to drive growth in general merchandise.
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AnalysisSupermarket fashion
Grocers already take close to a 10% share of the UK’s clothing market and it’s a trend that’s growing, with Morrisons finally set to enter the fray
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OpinionRetail in the community
Retailers can inspire change by putting something back into local communities, says Mark Price
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OpinionThat’s show business
Retail theatre has been evolving since the first shop opened its door to the public.
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AnalysisScrewfix taps a new market
Tradesmen’s choice Screwfix has opened Watersmith, a standalone bathroom store in Stoke-on-Trent. John Ryan assesses its prospects