More on Me + Em – Page 2475
-
NewsThe Jewel in the Crown
The Crown Estate’s Quadrant 3 retail development near London’s Regent Street will be ready for shopfitting in June next year so stores can open in time for the 2012 Olympics.
-
NewsAspinal opens flagship in Mayfair
Luxury leather accessories retailer Aspinal of London opened a flagship store in Mayfair last week.
-
NewsLombok turnaround puts it back into black
Furniture chain Lombok has bounced back into the black, after instigating a turnaround plan that saw it slash costs and shut stores.
-
NewsClarks ready to roll out new look shopfit following successful trial
Footwear retailer Clarks has pushed the button on the roll-out of its updated shopfit to all new and existing UK and international stores, after a three-month trial.
-
NewsTwo more Oxford Street stores for Aldo
Canadian shoes and handbags retailer Aldo has signed for two more stores on London’s Oxford Street, taking its store count on the famous shopping destination to four.
-
News
Greenwoods pushes value with new fascia
Greenwoods Menswear is to roll out a new fascia to appeal to shoppers in less affluent areas but will maintain the same prices.
-
NewsAsda parts company with strategy chief Gurr
Asda executive director Doug Gurr is to exit the retailer in January with his responsibilities will be absorbed by the grocer’s management team.
-
NewsHabitat enters into fitted kitchen market
Furniture chain Habitat is to begin selling fitted kitchens as it seeks to cash in on the surge in sales in the big-ticket category.
-
NewsActivist investor won’t lead to Kesa break-up, chairman vows
Kesa chairman David Newlands has downplayed the suggestion that stakebulding by investor Knight Vinke indicates sweeping change is likely at the electricals group.
-
NewsTesco’s share growing but Morrisons falters
Tesco is back in the driving seat with aggressive promotions leading to a market share gain for the first time since May, while rival Morrisons’ share has slipped for the first time since 2007.
-
NewsRetailers ramp up promotions as weather hammers trade
Eye-catching promotions used earlier than planned as sales badly affected by snowy conditions
-
News
ACCC to discuss Pick n Pay's sale of Franklins supermarket chain to Metcash
The Australian Competition and Consumer Commission (ACCC) has agreed to discuss Pick n Pay’s proposed sale of its Franklins supermarket chain to Australian Metcash at the national Federal Court. The ACCC announced that it was going to lodge the case by December 8, seeking an expedited hearing in early 2011.In ...
-
News
Apollo Pharmacy to divest 49% stake in pharmacy chain division
Apollo Hospitals, parent company of Apollo Pharmacy, has said it plans to divest of its 49% stake in its pharmacy chain division in order to generate growth funds. Apollo Hospitals executive director of finance Suneeta Reddy told reporters the company would also explore the option of listing the pharmacy unit.During ...
-
News
Colruyt posts 7.9% revenue increase
Grocery retailer Colruyt posted a revenue increase of 7.9% for its first half, from E3.29bn (£2.79bn) to E3.55bn (£3bn). For the period ended September 30, gross profit jumped 9.1% to E900.4m (£763m) from E825.2m (£699.3m), which corresponds to a gross profit margin of 25.34% compared with 25.06% last year.
-
News
X5 Retail Group to acquire Kopeika
X5 Retail Group has signed an agreement to acquire Kopeika in a transaction with a total enterprisevalue of RUR51.5bn (£106bn) including assumption of debt.As a result of the transaction, X5 will reinforce its number one position in the Russian retail market, mainly in Moscow and the Moscow region where Kopeika ...
-
News
Kroger sales rise 5.9%
Food chain Kroger has announced that total sales, including fuel, for the third quarter rose 5.9% to $18.7bn (£11.9bn). Net income totalled $202.2m (£128.5m), compared with a net loss of $874.9m (£555.9m) reported in the same period last year. The retailer said that all departments experienced positive like-for-like growth during ...
-
News
25 Aldi Hellas stores to close
Following its decision to withdraw from the Greek market after just two years of operations, hard discount retailer Aldi Süd is to close the first 25 of its 38 Aldi Hellas stores by the end of December.From November until February next year, more than 500 employees will lose their jobs. ...
-
News
Carrefour Express opens
Carrefour is to open its new pilot convenience store format Carrefour Express today in Caen. The concept - which will be opened in towns and rural areas - has a sales area of between 1,075 sq ft and 2,690 sq ft and will offer about 3,500 SKUs. Carrefour Express has ...
-
NewsCocosa expands into luxury lifestyle brand
Private-sales fashion site Cocosa is to expand into new categories and has hired a new managing director with the aim of becoming a luxury lifestyle etailer.
-
NewsJJB holds onto support of key supplier Nike
Struggling retailer JJB Sports is holding onto the support of key suppliers despite its difficulties.