More on Me + Em – Page 2694
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News
Growth in Woolworths sales
Woolworths has announced in a preliminary statement that sales rose 9.3% in the 26 weeks to the end of 2009, increasing 4.4% on a like-for-like basis.Clothing and general merchandise sales grew 9.7%, while food achieved 8.9% growth.Less upmarket competitor Shoprite reported like-for-like sales growth of 6.4% for its first half ...
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Macy's to launch outlet store
Macy’s-owned Bloomingdale’s plans to launch outlet stores.The first four outlet stores will open in the second half of the year, with two expected to be located in South Florida.The 25,000 sq ft stores will carry clothing and accessories for women, men and children. They will feature both new merchandise and ...
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News
Walmart to cut jobs
Walmart plans to cut about 11,200 jobs at its Sam’s Club warehouse chain as it outsources its in-store product demonstrations.The move is part of an effort to improve sales at Sam’s Club, which has underperformed compared with the retailer’s other fascias.The cuts represent about 10% of the 600-store chain’s 110,000 ...
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Target to expand to Canada
Discount retailer Target is making plans to expand outside the US, including a foray into Canada.The retailer wants to open its first stores outside its home country within three to five years. It is considering Canada, Mexico or Latin America as its most likely destinations.“As we approach each of these ...
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NewsQS name to disappear as Store Twenty One grows
Value retailer QS is to disappear from the high street by 2011 as Mumbai-based owner Alok Industries ramps up conversions to its Store Twenty One fascia.
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NewsStore acquisitions send Ryman profits rising
Stationer Ryman’s turnover soared 125% in the year to March 28 as the retailer reaped the rewards from the integration of Partners and Stationery Box.
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NewsHome shopping retailer and supplier JML dodges recession
Home shopping retailer and supplier JML has said its niche products have cushioned it from the recession, with its home shopping arm driving the majority of its business.
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NewsAll Saints Christmas like-for-likes soar 32%
All Saints has reported a strong festive period, with like-for-like sales up 32% from December 1 to date.
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News
Lipsy wins damages over disputes
Next-owned young fashion brand Lipsy has reached undisclosed settlement agreements with two rival retailers over claims that two of its dresses had been copied.
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AnalysisA manifesto for change on the high street
For too long the UK’s town centres have been crippled by taxes, plagued by crime and neglected by central and local government. Launching Retail Week’s Manifesto for the High Street, Tim Danaher explains what needs to be done to draw shoppers back
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OpinionPoliticians must act to save our high streets
A good high street is at the heart of its community. If it’s taken over by anti-social gangs of youths and swathes of empty shops, it can’t serve that role.
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OpinionStores for the digital age
She may be a web pioneer, but Martha Lane Fox sees a multichannel future for the high street
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OpinionThe reality of our virtual recession
Enjoy the brief honeymoon period until the election is out of the way and we will be told how much worse finances are than we all thought
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AnalysisOnline ratings and reviews
Amazon pioneered them and other online retailers have followed suit. So are ratings and reviews worth adding to your website and what are the risks?
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GalleryCo-operative Group Oakham, Rutland
It’s not often that a supermarket features as a store of the week, principally because it is in the nature of the sector to attempt to standardise everything from product to store design. This tends to mean that if you’ve seen one, it’s likely that ...
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AnalysisAnthony Thompson: new Fat Face chief is a product man
If what he did for George at Asda is any indication, Fat Face’s new chief executive is well qualified to get the business back in shape.
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AnalysisChristmas trading: Cause for celebration
To their relief, most retailers pulled off a good Christmas after a fraught year. As the festive trading season nears its end, Lisa Berwin examines the key findings from OC&C’s Christmas Trading Index
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GalleryStore Twenty One: a classier proposition
First trialled in 2008, value fashion retail format Store Twenty One is proving a hit. John Ryan visits Retford to assess its progress
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AnalysisICO: friend or foe to retailers?
The Information Commissioner’s Office is going to play an ever-increasing role in retailers’ lives.
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OpinionSuperdry: A Super prospect?
Walk down any high street or into a bar and you’ll almost certainly see one brand in evidence - Superdry.