More on Me + Em – Page 2652
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OpinionSame old same old in electricals
Travelling to Mumbai and Toronto in the same week gives the opportunity to see different sides of the retail spectrum and to compare what is on offer with what happens in the UK. And one of the unifying factors of these two wildly opposite cities is the manner in which they treat the business of selling electricals.
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NewsFindel chairman Keith Chapman steps down
Keith Chapman the chairman of home shopping group Findel has stepped down from his role at the business.
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NewsWest End retailers call for longer Boxing Day trading hours
Retailers including Arcadia, Debenhams and Selfridges have backed a campaign to allow stores to open for a full trading day on Boxing Day, which this year falls on a Sunday.
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NewsElaine McPherson buys Ethel Austin for second time
Ethel Austin, the value chain, has been sold back to Elaine McPherson for a second time for an undisclosed amount.
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Opinion
George Osborne finds some friends
Shadow chancellor George Osborne needs all the help he can get, but he’s scored a real coup today with many of retail’s top leaders coming out to support his plans to reverse the government’s planned rise in National Insurance.
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NewsFashion drives John Lewis sales while Waitrose benefits from Delia effect
Fashion sales drove a strong week at department store chain John Lewis as the warmer weather stimulated sales of summer ranges.
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NewsMorrisons awards shares to new chief executive Dalton Philips
Supermarket group Morrisons has awarded two tranches of shares to new chief executive Dalton Philips who took up his role earlier this week.
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NewsRetailers strike back in National Insurance row
Retail leaders have hit back after top Labour politicians accused them of having been “deceived” into supporting Conservative plans to reverse part of the Government’s proposed National Insurance rise.
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NewsRichemont acquires Net-a-Porter
Luxury goods group Richemont has confirmed it will buy Net-a-Porter in a deal that values the online designer fashion retailer at £350m.
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NewsCath Kidston confirms sale and lays out international expansion plans
Cath Kidston has confirmed it has been bought by TA Associates as it lays out plans for international expansion.
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NewsShop Direct names Gareth Jones as retail director
Shop Direct Group has promoted Gareth Jones to oversee all of its brands as retail director.
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NewsMatalan completes £525m refinancing
Value fashion retailer Matalan has refinanced by raising £525m of debt.
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NewsLaura Ashley profit rise driven by strong UK performance
Home furnishings and fashion chain Laura Ashley’s group pre-tax profit climbed 7.8% to £11m in the year to January 30, driven by a strong performance in the UK.
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NewsMothercare sales hit by bad weather in fourth quarter
Maternity specialist Mothercare suffered a slowdown in like-for-like sales in its core UK market during the fourth quarter but annual turnover exceeded £1bn for the first time.
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NewsWickes to cash in on MFI gap with new-format trial
DIY retailer Wickes is opening standalone kitchen and bathroom stores to expand geographically and soak up market share left by MFI’s collapse in 2008.
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NewsSports Direct launches TV ads to cement sector leadership
Sportswear retailer makes TV ad debut to bolster its position and drive global profit ambitions.
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NewsSex scandals spice up demand for Pixmania’s spying devices
Celebrity sex scandals have sparked a spike in sales of spying and eavesdropping products at electricals specialist DSGi as suspicious partners keep an eye on their other halves.
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NewsSimon Wolfson thinks long term as Next performance picks up
Next will focus on extending its home offer and cutting clothing lead times to maintain momentum after delivering its first full-year like-for-like sales growth in four years.
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NewsSignet to revive UK sales by investing in stores
Signet will focus on investing in its UK store portfolio and close some underperforming stores as the jewellery giant’s sales begin to improve.
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NewsFindel pre-tax losses to be higher after restatement
Home shopping group Findel is to restate results for the year to April 3, 2009, following a review of accounting entries within its education division.