More on Me + Em – Page 2492
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GalleryCitadium Paris
Read the blurb on the Citadium website and a bold claim is made that this four-floor, circular temple to fashion is (in a loose translation) “more than a shop, Citaduium today is a way of life where shopping is in tune with fashion, music and events”.
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AnalysisWill Kernan
The high energy COO has more than made his mark at New Look and remains confident of its future despite a recent drop in like-for-likes.
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AnalysisInternational etail sites
When it comes to expanding online overseas is it better for retailers to launch dedicated websites for each market, or is the expense not worth it?
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OpinionCore values are key to business success
It would be heartening to regard the recession as only a harsh phase in the macroeconomic cycle, and one from which we will duly emerge.
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OpinionA man of the people
You can’t treat people in the same way as you would products, says Lord Kirkham
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OpinionRising costs puts focus firmly back on product
UK consumers have never had it so good. In fact, thanks in large part to sourcing from the Far East, we have been in such a long period of deflation that shoppers have got used to a world in which prices fall consistently.
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AnalysisWeathering the fashion costs storm
With cost increases across materials, shipping and labour, are rising prices the only way for retailers to protect profit?
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OpinionSignet is a diamond in the rough
Since it listed on the New York Stock Exchange in 2008, Signet - which after its crisis as Ratners in the early 1990s has traditionally kept a low profile - has been a little overlooked in the UK.
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AnalysisCasino trumps Tesco to Carrefour’s Thai assets
Casino subsidiary Big C has emerged as the surprise purchaser of Carrefour’s assets in Thailand.
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News
Topshop calls off entry into Norway after copyright dispute
Arcadia Group-owned fashion retailer Topshop has called off its market entry into Norway after a copyright dispute with a local retailer that has already registered the brand Topshop in the country. Topshop has been in negotiations with the owner for more than a year without results.
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Indigo Q2 revenue rises 3.8%
Book retailer Indigo has reported a 3.8% growth in revenue for its second quarter ending October 2. Revenue for the quarter was CAD214.8m (£131.7m), up CAD7.8m (£4.8m) from last year. On a like-for-like basis, Indigo and Chapters superstores posted a 0.7% decline in revenue, while small format stores were ...
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Shoppers Drug Mart Q3 sales increase 2.6% to £1.9bn
Shoppers Drug Mart has recorded a 2.6% sales rise in the third quarter to CAD3.09bn (£1.9bn), with the company reporting continuing sales growth in all regions of the country. On a like-for-like basis, sales increased 1.2% during the quarter, while prescription sales increased 0.8%, or 0.2% on a like-for-like basis.
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Kohl's and Macy's records flat Q3 profits
Department store retailers Kohl’s and Macy’s have reported their third-quarter results for the period ended 30 October. Kohl’s reported its net profit for the third quarter was flat at $194m (£120.3m), compared with $193m (£119.7m) a year ago. Net sales for the quarter were $4.2bn (£2.6bn), an increase of ...
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Exito works with Dunnhumby to better understand customer behaviour
Casino-owned Colombian retailer Exito has announced that it is working with Dunnhumby to better understand consumer behaviour in its stores. The Tesco-owned market research company will be working with the information generated by the Puntos Éxito and SuperCliente Carulla-Pomona loyalty cards.
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Delhaize Group Q3 sales increase 0.8% to £4.4bn
Delhaize Group has posted sales growth of 0.8% at identical exchange rates in the third quarter, the period between July and September. At actual exchange rates, sales increased by 8.6% to €5.3bn (£4.4bn) due to the strengthening of the US dollar by 10.8% against the euro compared with the third ...
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Dansk Supermarked sales up 3% to £4.93bn
Netto-owned Dansk Supermarked has reported sales up 3% to DKK43.2bn (£4.93bn) in the first nine months of 2010, up from DKK41.8bn (£4.77bn) during the same period last year. Net income was DKK1.36bn (£152.9m), a rise of 2% on last year. Dansk Supermarked majority owner A P Møller-Maersk said in a ...
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Shoppers Stop turnover soars 23%
Variety retailer Shoppers Stop posted a 23% jump in retail turnover to INR5.08bn (£70.5m) for the quarter ended September 30. Net profit soared 44% to INR174m (£2.4m).
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The Warehouse Group Q1 sales fall 0.2%
The Warehouse Group has reported flat first-quarter results with a 0.2% decrease in net sales for the three months to October 31, down to NZD362.3m (£173.8m).
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ICA Q3 sales rise by 0.2% to £2.1bn
Ahold-controlled Nordic retailer ICA has announced that net sales grew by 0.2% to SEK23.5bn (£2.1bn) in the third quarter to the end of September, while operating income grew 0.4% to SEK940m (£84.9m). Net income for the third quarter was up 9% to SEK644m (£58.2m).