More on Me + Em – Page 2521
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News
99¢ Only Stores Q2 sales increase 2.7%
Discount chain 99¢ Only Stores recorded a 2.7% increase in sales during its second quarter to $334m (£209m). Like-for-like sales grew by 0.6%. During the second quarter the company opened four stores and closed one. CEO Eric Schiffer commented: “We believe that we will have a strong holiday season, and, ...
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News
Amazon acquires Spanish ecommerce company BuyVIP for £61.4m
Amazon has announced it has completed the acquisition of the Spanish ecommerce company BuyVIP for about €70m (£61.4m). BuyVip offers overstock items from brands such as Dolce & Gabbana, Louis Vuitton and Levi’s at steep discounts. The company doesn’t buy the stock itself but acts as a broker between fashion ...
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News
Target considers entering Canada
US general merchandise retailer Target is considering entering Canada with as many as 200 stores, in the company’s first move beyond US borders. The discount retailer gave the clearest indication of its intention so far when its representatives spent the past few days meeting with Canadian developers at a shopping ...
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News
dm-drogerie markt tops £3.5bn in sales
Drugstore retailer dm-drogerie markt topped the €4bn (£3.5bn) sales mark in Germany in the financial year ended September 30, a sales increase of at least 7% on 2008/09. Although a reduction compared with the double-digit growth rate it achieved over the past couple of years, the company said the sales ...
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News
Pandora raises £1.3bn through IPO
Jewellery manufacturer and retailer Pandora had a successful IPO raising $2.1bn (£1.3bn). Demand was high as the company continues to grow sales in Europe and the US, where its charm bracelets are becoming increasingly popular.
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NewsAsda to source an extra £270m of British food by 2013
Asda is to ramp up the quantity of food sourced from British producers, including local and specialist suppliers, as part of a sustainable agriculture push by parent Walmart.
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NewsAsos launches mobile site
Asos has launched its first mobile site to allow customers to buy products on the go.
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Opinion
Imitation is the sincerest form of flattery
Retailers should be just as proud of a well-executed copycat idea as a truly innovative one, heard the delegates at this week’s Internet Retailing conference.
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Opinion
Matalan upgrades warehouse system in e-commerce drive
Matalan is pushing its expansion into e-commerce by upgrading its warehouse management system.
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NewsThree to use in-store augmented reality app to improve brand image
Store staff for mobile phone retailer Three are to use an augmented reality app in stores to improve customers’ perception of its network coverage.
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NewsClinton Cards cautious on economic environment
Clinton Cards has said it is cautious on the economic environment as like-for-likes slip in the first ten weeks of its financial year.
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NewsProfits up, sales down at WH Smith
WH Smith has announced a 9% increase in full-year profits this morning.
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NewsAsos reports strong sales growth
Etailer Asos saw sales soar 47% year-on-year for the three months to September 30.
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NewsMothercare overseas sales overtakes UK sales
Mothercare has said overseas sales have overtaken UK sales for the first time in its first half.
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News
Saturn opens its first store in Russia
Metro Group-owned consumer electronics retailer Saturn has opened its first store in the country. The 5,060 sq ft store is located in Moscow’s Vegas Mall, the country’s largest shopping centre. A second Saturn store is scheduled for Voronezh in late 2010 and several other stores are being planned. Metro Group’s ...
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NewsKesa shares soar on Best Buy bid speculation
Speculation that a takeover of Anglo-French electrical group Kesa may be on the cards has prompted the retailer’s share price to soar.
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NewsJacques Vert appoints Alison Jordan as marketing director
Womenswear retail group Jacques Vert Group has appointed former Fortunum & Mason marketing chief Alison Jordan as marketing director.
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NewsJohn Lewis scores early Christmas wins
Sales at the John Lewis Christmas shop are up dramatically on last year, with figures for the first 11 days of trading showing sales are up by 15.8%.
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Opinion
SPONSOR POST: The Google Product Extensions Feature: What is it?
Some of our customers who used the new Google Product Extensions feature in beta experienced better click-through and conversion rates.