More on Me + Em – Page 2574
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NewsFour M&S stores set to close
Marks & Spencer is set to close four of its unmodernised high street stores, three of them in Lincolnshire.
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NewsHMV completes refinancing
HMV Group has completed the refinancing of its £240m revolving credit facility with its existing group of eight banks.
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NewsAmazon sales up driven by Kindle
Etail giant Amazon has reported a 41% uplift in sales in its second quarter to $6.57bn, driven by growth in Kindle.
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NewsAquascutum seeks fresh capital to drive turnaround
Fashion retailer Aquascutum is working with debt advisory firm Litmus Advisory to raise fresh capital and drive its turnaround, following its acquisition by Jaeger bosses Harold Tillman and Belinda Earl last September.
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NewsJohn Lewis sales up nearly 10% in last week of Sale
John Lewis has reported weekly sales up 9.8% in the final week of its Clearance Sale.
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NewsIn Focus: Steinhoff
Furniture is retail’s hardest hit sector in a recession. High-profile names such as MFI, Land of Leather and The Pier have disappeared, ScS went into administration but survived and all have struggled. But one group seems to have bucked the trend, at least in turning itself around from four years ...
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NewsThe Perfume Shop to trial Superdrug tie-up
The Perfume Shop is gunning to be the number one perfume retailer in the UK, after signing a deal with sister firm Superdrug to trial shop-in-shops in its stores.
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NewsGrowth slows but BrightHouse still going strong
BrightHouse has had another strong year of growth as the retailer benefits from low income families seeking alternative credit lines.
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NewsCity forces Ocado to slash IPO share price
The City kept up pressure on Ocado as it prepared for Wednesday’s float and, at the last moment, forced the online grocer to slash its asking price.
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NewsDebenhams refinances £650m of debt early
Debenhams has completed a £650m refinancing ahead of schedule.
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NewsSuperGroup to expand in UK and abroad after good results
SuperGroup, the fashion retailer that owns the Superdry and Cult chains, is on the expansion trail following a strong set of annual results since becoming a quoted company.
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NewsRefreshed Robert Dyas surges back into black
Broadened appeal, focus on own-brand and tighter cost control lifts hardware retailer
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NewsHarvey Nichols profits up but Joseph Wan is nervous for 2011
Harvey Nichols chief executive Joseph Wan has revealed that the luxury department store will return to record pre-recession profit levels in its current financial year but has warned of a drop in shopper spend in 2011.
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NewsOcado vows to engage with City after criticism over float
Disappointing start to life as a public company for online grocer as shares fall on day of float
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NewsShop Direct targets the growing over-50s market
Shop Direct Group is chasing a greater share of the over-50s female market dominated by rival N Brown, and is set to return to profit this year.
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M&S’s new DC to slash lead times for furniture
Marks & Spencer’s new state-of-the-art distribution centre, officially opened in Bradford on Tuesday, will slash furniture lead times.
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News1,500 items cheaper in new Argos catalogue
Argos has cut the prices of 1,500 products in its autumn/winter catalogue, which launches tomorrow, and is introducing a video game trade-in service in all stores.
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NewsArcadia relaunches all its fashion sites to become ‘real destinations’
Sir Philip Green’s Arcadia Group has signalled the importance of online as a key growth plank with the simultaneous relaunch of all its fashion sites this week.
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NewsAccessorize to launch standalone website
Womenswear and accessories retailer Monsoon Accessorize is to step up its online operations with the launch of a standalone site for its accessories arm following the appointment of former Fat Face director Kristine Kirby to the newly created role of ecommerce and multichannel marketing director.
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Charles Tyrwhitt to open a store on Regent Street
Menswear retailer Charles Tyrwhitt will open a store on London’s Regent Street by the autumn.