More on Me + Em – Page 2608
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NewsUncertainty hits food and general retailers
The week in retail was dominated by the surprise announcement of Sir Terry Leahy’s plans to retire as chief executive of Tesco next March. Tesco shares fell more than 2% on Tuesday as the City digested the news, but analysts were happy with the appointment of Tesco veteran Phil Clarke ...
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NewsKingfisher’s ‘self help’ drives 12% profit rise
Kingfisher chief executive Ian Cheshire has said its “self help” agenda has helped it achieve growth in a tough market as the DIY group posted a profit rise of 12% in the 13 weeks to May 1, slightly ahead of market consensus.
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NewsAsos seeks delivery partners and targets £1bn 5-year sales
Asos is stepping up its delivery options as it plans partnerships with high street stores where customers can pick up and return their Asos orders.
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NewsBuying chief exits Anthropologie
Anthropologie has axed another member of its UK team with the exit of its European head of buying Olivia Richardson.
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NewsIceland ditches celebrities in its ads
Frozen foods retailer Iceland is to launch its new ad campaign with an Iceland customer as its star, after reporting another record year this week.
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NewsBhs launches Direct website to compete in electricals market
Department store Bhs has moved into the competitive electricals market with the launch this week of the Bhs Direct website, which offers a wide range of branded goods including TVs, cameras, laptops and kitchen appliances.
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NewsVictoria’s Secret close to signing for first UK store
US lingerie giant Victoria’s Secret is understood to be on the verge of signing its first UK store on London’s New Bond Street.
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NewsJD Sports pushes overseas growth with Paris store
JD Sports Fashion is making a further international push by opening stores in Paris under its JD fascia.
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NewsMark Saunders exits Habitat in shake-up at the top
Habitat chief executive Mark Saunders has left the business following the hiring of former New Look boss Phil Wrigley as executive chairman last week.
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NewsSuccessor Philip Clarke ‘cut from the same cloth’ as fellow Liverpudlian Sir Terry Leahy
Philip Clarke, who will become only the sixth Tesco chief executive in the company’s 80-year history when he takes the helm next year, has been picked to succeed Sir Terry Leahy for his “wide experience, drive and energy”.
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NewsTough challenges that have to be faced by Tesco’s Philip Clarke
Tesco’s seamless succession planning has been lauded by the City as a success, but analysts warn that incoming chief executive Philip Clarke has a tough job ahead of him.
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NewsSir Terry Leahy, the visionary who transformed Tesco
With his constant focus on the customer, Sir Terry is hailed for turning Tesco into a global operation
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NewsTesco signals global push with Philip Clarke’s promotion
The international chief’s appointment points to a step up in grocer’s global growth
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Ideal Shopping Direct ‘could be bid target’
Ideal Shopping Direct could now be a possible bid target as the turnaround for the home shopping group gains traction, said Singer Capital analyst Matthew McEachran.
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WHSmith outperforms despite ash cloud impact
WHSmith said despite the volcanic ash cloud hitting sales as airport stores closed, its “financial position is in line with market expectations”.
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AnalysisWhat Apple means to retailers
Apple has again captivated consumers with its latest gadget, the iPad. Joanne Ellul pins down the brand’s enduring appeal and examines why the company is so important to other retailers
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AnalysisPaul Loft: Holding Homebase’s place
He may not court the limelight but the Homebase managing director is impressing by holding the retailer’s position in an increasingly competitive sector, says Nicola Harrison
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AnalysisTraffic Jams
As trade becomes increasingly unpredictable, Liz Morrell asks retailers whether it is down to multichannel, competition from leisure, the weather or something more fundamental
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GalleryBhs reborn
Family department store Bhs has had a rocky ride over the past couple of years, but a new store in Uxbridge points to a retail brand that may be about to enjoy better times.
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GalleryUnited Nude, New York
From time to time you come across a format that it’s quite hard to improve upon - one where the original design is sufficiently strong and the brand sufficiently well funded for none of the usual value engineering to take place.

















