More on Me + Em – Page 2711
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NewsRetailers prepare to update on Christmas trading
Retailers including John Lewis, M&S, Next, Sainsbury’s, JD Sports Fashion are to reveal key Christmas trading updates this week which will be seen as key indicators to how successful the festive period was for the retail sector.
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NewsGood Christmas for mid-sized retailers
Mid-sized retailers enjoyed a decent Christmas with both sales and margins improved, according to BDO’s High Street Sales Tracker.
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NewsVAT returns to 17.5%
VAT returns to 17.5% on New Year’s Eve, but many retailers are not intending to pass on the increase immediately.
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NewsFootfall growth slows compared to weekend
Footfall in UK shopping centres was up 2.5% this Monday to Wednesday compared to the same days last year.
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NewsPrimark mulls Westfield Stratford store
Primark is reported to be considering signing a 70,000sq ft store at Westfield Stratford, the East London shopping centre scheduled to open in September 2011.
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NewsFashion chain D2 in administration
Fashion chain D2 has become the first post-Christmas retail casualty, falling into administration on Wednesday.
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NewsGovernment reveals plans to strengthen high street
The government has unveiled plans to give local councils more power to put town centres first ahead of out-of-town developments.
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NewsRetailers raise prices before ‘VAT freeze’
Leading retailers have increased their prices on key lines just weeks ahead of announcing a VAT freeze, a report this morning claims.
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NewsTesco plans new year VAT freeze
Tesco announced today it is planning to freeze VAT on thousands of products into the new year.
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NewsStrong post-Christmas shopper numbers
The post-Christmas Sales have got off to a strong start, with shopper numbers well up on 2008.
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NewsMatalan appoints additional advisers to help £1.5bn sale
Matalan has reportedly appointed Goldman Sachs to advise on the sale of the company as it seeks to accelerate the process.
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NewsTough year ahead for retailers, BRC says
2010 will be a difficult year for retailers, but no worse than 2009, according to a survey of its members by the British Retail Consortium.
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NewsJohn Lewis reports strong start to online Clearance
The first three days of John Lewis’s Clearance sale online recorded sales up 23% on last year.
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NewsFootfall builds in final run up to Christmas
Shopper numbers were up over 6% in the three days from the 21-23 December compared to the same three days last year, according to Experian.
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NewsJohn Lewis running 27% ahead of last year
John Lewis revealed this morning that sales from Sunday to Wednesday this week were up 27% on 2008 levels.
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NewsM&S reveals Sale plans
Marks & Spencer will start its online sale at 12.01am on Christmas Day, with the Sale in store starting on Sunday, December 27.
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NewsJD increases control of Canterbury brand
JD Sports Fashion has has taken control of the Australian distribution company for rugby brand Canterbury, and bought a majority stake in its New Zealand distributor.
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NewsWaitrose set for record Christmas despite weather
Waitrose is on course for record Christmas sales, and expects to take about £38m at the tills today alone on what is traditionally the biggest grocery shopping day of the year.
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NewsHMV to buy Mama in £46m deal
Entertainment group HMV is to buy its joint venture partner Mama in a deal valuing the business at £46m.
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NewsConran losses widen
The Conran Group, which owns furniture business The Conran Shop, has made a pre-tax loss of £7.9m compared to £1.1m last year.