More on Me + Em – Page 2468
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Opinion
Not so super
Supergroup’s stratospheric share price had to go into reverse eventually, but it faces bigger issues than the cotton price
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NewsMaplin asks potential buyers to submit offers before Christmas
Specialist electrical group Maplin has asked potential buyers to submit informal offers before Christmas, it is understood.
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NewsCruise files intention to appoint administrators
Cruise has filed an intention to appoint administrators after it emerged that chief executive James Pow had resigned from the troubled designer mini-chain.
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NewsWHSmith group marketing director Richard Cristofoli poached by Debenhams
WHSmith group marketing director Richard Cristofoli is to leave the stationer and bookseller next year to become Debenhams marketing director, Retail Week has learned.
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NewsMusgrave appoints marketing director
Musgrave Retail Partners GB has appointed Anna Burleigh as marketing director.
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NewsBad weather prompts retailers to rein in online delivery options
Retailers are changing online order and delivery options to avoid disappointing customers at Christmas as a result of renewed cold weather.
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NewsThree quarters of digital music tracks downloaded illegally
Three quarters of music tracks downloaded this year were done so illegally.
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NewsTesco's Higginson sells £1m of shares
Tesco boss Andrew Higginson has offloaded a tranche of shares in the top grocer.
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NewsACS calls for OFT to investigate Tesco's Mills acquisition
The Association of Convenience Stores (ACS) has called for the Office of Fair Trading to intervene in Tesco’s acquisition of convenience store chain Mills Group.
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NewsWaitrose well placed for Christmas after weekly sales rise 8.7%
Supermarket group Waitrose managed an 8.7% sales advance last week, when sales of seasonal goods took off.
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News
Danks acquire five Magnet Mart stores as part of owners Woolworths and Lowe's venture into hardware
Woolworths and its US-based home improvement partner Lowe’s have acquired a Canberra-based hardware chain, as part of their aggressive venture into the hardware arena. The five stores, which trade under the name Magnet Mart, have been acquired by Danks, the hardware wholesaler that ...
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News
Ministop to open a convenience store chain in Vietnam
Japanese convenience store operator Ministop is to open a convenience store chain in Vietnam, hoping to tap into potential demand in the market.The company, which is a subsidiary of Japanese retail giant Aeon, said that it signed a basic accord with a unit of Trung Nguyen Holdings of Vietnam to ...
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News
Carrefour to enter India through partnership with Future Group
Future Group is working on plans to join up with French hypermarket chain Carrefour and bring the retailer’s stores to India, The Economic Times reports.Citing ‘sources in the know’, the newspaper says that Future Group chief executive Kishore Biyani is currently in Paris to finalise the details of a joint ...
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News
South African Massmart to exit Zimbabwe
South African Massmart - a 51% stake of which is expected to be acquired by Walmart in early 2011 - has announced that it is to exit Zimbabwe, selling its two stores in the country to local grocer OK Zimbabwe.In October this year, Massmart announced that it was likely to ...
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News
PPR enters talks with South African Steinhoff International Holdings
Luxury and retail group PPR has entered into exclusive negotiations with South African Steinhoff International Holdings over the sale of its shares in Conforama. The transaction is worth about E1.2 bn (£1bn) in cash. In November 2009, PPR announced that it was planning to sell off its retail division including ...
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News
A&P files for Chapter 11 bankruptcy protection
US Tengelmann-controlled A&P has filed for Chapter 11 bankruptcy protection as it struggles with enormous debt and increased competition from low-priced peers.The retailer operates 395 stores around the Northeast under the A&P, Waldbaum’s, The Food Emporium, Super Fresh, Pathmark and Food Basics banners.
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News
Ahold's ICA in Sweden trials student special packages
Ahold’s ICA in Sweden is trialling special packages for students. Called ICA Student, the scheme offers help with food shopping, insurance issues and banking services in a single package.In the first phase the service is being tested among 200 students from Uppsala and Norrtälje. Should the concept prove successful, ICA ...
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News
X5 Retail Group to acquire Kopeika
X5 Retail Group has announced that it has signed an agreement to acquire Kopeika in a transaction with a total enterprise value of RUR51.5bn (£1.05bn) including assumption of debt.X5 Retail Group has acquired a strong network of Kopeika price-oriented supermarkets which will be rebranded to the Pyaterochka banner. The transaction ...
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NewsSales and margins up at Moss Bros
Menswear group Moss Bros reported sales and margins were up as chief executive Brian Brick’s improvement programme for the retailer continued.