More on Me + Em – Page 2463
-
AnalysisCarrefour enters India solo with cash and carry store
Following in the footsteps of its global rivals, Carrefour has finally entered the Indian market with its first cash and carry store
-
OpinionTesco is still the food retail star
Predictably the new year not only started with the VAT rise but also with a pledge from Tesco to save customers money by slashing prices.
-
AnalysisRetail resolutions for 2011
All the signs are that 2011 will be a tough year for retail, so how can businesses prepare? Charlotte Hardie and Rebecca Thomson report
-
NewsTheo Fennell issues profit warning
Jeweller Theo Fennell has become the latest retailer to issue a profits warning as snow hit its Christmas sales.
-
NewsEBay mobile sales triple in 2010 as UK leads m-commerce revolution
Mobile sales at online giant eBay tripled to nearly $2bn in 2010 with the UK the fastest adopter of m-commerce.
-
NewsGap like-for-likes dip over Christmas
Gap international like-for-likes, which includes the UK, were down 4% in the key Christmas trading period in the five weeks to January 1.
-
NewsMorrisons makes four senior appointments
Morrisons has made four senior appointments as new chief executive Dalton Philips bolsters his team.
-
NewsLush Christmas sales up 6.8%
Ethical cosmetics retailer Lush has reported UK retail sales excluding VAT up 6.8% for the key Christmas trading month of December.
-
NewsJohn Lewis Partnership to invest £500m this year
John Lewis Partnership is to invest a record £500m in 2011 and indicated that the John Lewis chain will be ready to expand overseas by the year’s end.
-
NewsBestseller increases its stake in Asos
Danish fashion group and investor Bestseller has increased its stake in fashion etailer Asos.
-
News
Jumbo ramps up rebannering Super de Boer stores to Jumbo
Dutch supermarket group Jumbo plans to accelerate the conversion of former Super de Boer stores to Jumbo, rebannering 90 stores during 2011. In 2010, the retailer’s group turnover reached E3.51bn (£3.03bn), mainly thanks to acquisition of large parts of Super de Boer from French Casino.
-
News
Netflix on the look-out for new international markets after success in Canada
Online streaming site Netflix said it was pleased with the results of its recent market entry into Canada and was looking at new international markets for 2011. Spokesman Steve Swasey declined to reveal how many subscribers had signed up in Canada, but said: “After a short period in Canada we’re ...
-
News
Target pinpoints 10 locations for small-format stores
Get the knowledgeSubscribers have exclusive access to Retail Week Knowledge Bank. Find out what you’re missing now.Discount variety retailer Target has pinpointed 10 locations where it will open its smaller-format store concept. The list is composed of urban areas with densely populated central business districts and includes San Francisco, Seattle, ...
-
News
Sears to launch movie download service
Department store group Sears has unveiled plans to launch a movie download service at its eponymous and Kmart stores. The service, called Alphaline Entertainment, would be available to users on a variety of devices, including mobile, and will offer customers the ability to download movies and TV shows the same ...
-
News
Emart aims for £557m in turnover and to expand stores by 40% annually
Electronics retailer Emart is targeting turnover of 4,000 crore (£557m) in the next three to four years and will expand its store count by about 40% annually. Sunil Mehta, chief executive of Emart’s electronics business Next Retail, said that the chain expected to reach 1,000 stores by the end of ...
-
News
Christmas sales increases for retailers in India
Retailers have reported strong increases in sales over the Christmas weekend, as rising confidence levels in a fast-recovering economy encouraged shoppers to spend more. Future Group’s department store Pantaloons reported a 30% increase in sales over last year and a 20% rise in footfall. Top selling items included partywear, formalwear, ...
-
News
J Front Retailing revenue falls 3.1% to £5.4bn
Revenues at department store group J Front Retailing fell by 3.1% to ¥687.8bn (£5.4bn) in the nine months ending November 30, 2010. Operating profit increased by 3.5% to ¥9.3bn (£73.2m) while net profit doubled to ¥4.8bn (£37.8m).
-
NewsArnotts reverses sales and EBITDA declines
Troubled Dublin department store Arnotts said that it expected sales to have bounced back in 2010 after a dramatic fall off in turnover the previous year.
-
NewsMajestic Wine reports strong Christmas
Majestic Wine has reported strong Christmas with like-for-like UK sales for the nine weeks to January 3 up 3.7%.