More on Me + Em – Page 2501
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AnalysisTheo Paphitis
The multimillionaire entrepreneur and TV Dragon is preparing to launch his new lingerie brand next spring. Nicola Harrison finds out what drives him
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GalleryJack & Jones, Oxford Street
There’s been a bit of a rash of Continental retailers invading these shores of late with many of them being what might be termed Scandi brands.
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AnalysisChristmas vouchers
The festive grab for shopper spend is hotting up, but how are the big grocers trying to outgun each other and are their efforts worth it?
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OpinionWe need partnerships, not talking shops
Cracks and leaks are my starting point and no, this isn’t about winter pipework precautions.
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OpinionEntrepreneurs are not villains
The role of business in generating prosperity still isn’t recognised, says Malcolm Walker
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OpinionWill Bolland’s caution be enough for M&S?
Marc Bolland showed when he succeeded Sir Ken Morrison that he knew how to manage a legacy. And while the Dutchman was unmistakably in charge as Marks & Spencer announced its interim results this week, Sir Stuart Rose’s M&S will live on, because Bolland’s eagerly awaited vision wasn’t very radical ...
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AnalysisSpaced out
As the big four grocers battle it out in a race for space and online-only specialists increase their virtual capacity, Jennifer Creevy looks at whether returns will end up being hit
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OpinionAsos could well defy doubters
Online star Asos not only has fashion to die for, its numbers look pretty stylish too.
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AnalysisJapan’s Aeon to triple spend on emerging Asian markets
Japan’s second largest retailer Aeon recently announced an ambitious new three-year business plan, in which the company will nearly triple its investment in overseas Asian markets by fiscal 2013.
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NewsWaitrose Q3 like-for-likes up 4.4%
Waitrose has reported like-for-like sales for its third quarter were up 4.4%, driven by new customers and larger basket sizes.
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NewsFormer New Look boss Phil Wrigley invests in etail start-up
Former New Look boss Phil Wrigley has invested a “six figure sum” into a new online retail venture that claims to “turn retail logic on its head”.
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NewsCharles Kay steps down from Netto UK
Charles Kay, managing director of Netto UK, has stepped down from the business, just six months after the hard discounter was sold to grocer Asda.
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NewsNew boss for TJ Hughes as Tennant steps down
TJ Hughes chief executive Sue Tennant will leave the discount department store group at the end of the year, five months after private equity backers Silverfleet pulled a sale of the business.
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News
Media-Saturn to open first store in China
Metro Group-owned consumer electronics retailer Media-Saturn will open its first store in China, in Shanghai, on November 17 this year. The store will have a sales area of 145,320 sq ft.Media-Saturn chief executive Roland Weise confirmed that the retailer was planning to grow its local network to 10 stores in ...
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Lidl given the go-ahead for acquisition of Tengelmann's discount stores
The Romanian competition authorities have formally given their go-ahead for the acquisition of all of Tengelmann’s 105 Plus discount stores in Romania by Lidl. The office stated that the transaction would have no negative effects on competition in the national grocery market.For Lidl, the decision means that it will expand ...
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Fnac to expand into Northern Africa and South America to move sales away from France
PPR-owned electronics retailer Fnac aims to generate half of its sales outside of France by 2015 as it expands in Northern Africa and South America. Chief executive Christophe Cuvillier said: “We’re looking to expand in other countries. The priority internationally is to grow where we already are.”Fnac will open its ...
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Whole Foods Market like-for-likes increase 7.1%
Grocery retailer Whole Foods Market has reported sales for the full year ended September 26 increased 12% to $9bn (£5.56bn), with like-for-likes increasing 7.1%. EBITDA increased 29% to $713.6m (£440.9m). These results included Federal Trade Commission-related legal costs of $2.5m, compared with $14.7m in the prior year and a gain ...
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Distribución y Servicio (D&S) to change its name to Walmart Chile
Grocery retailer Distribución y Servicio (D&S) is to change its legal name to Walmart Chile. The move will have to be ratified at the next company shareholder meeting, which will take place in late November. The decision will not affect the fascias that the retailer operates such as Líder, Ekono ...
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News
H&M opens first store in Turkey
Swedish fashion retailer H&M has opened its first store in Turkey, in the country’s capital, Istanbul. The 24,760 sq ft store is located in the Forum Istanbul shopping centre and the retailer will continue its expansion in the country by opening the second H&M store in Istinye Park in December ...