More on Me + Em – Page 2723
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NewsDixons tones down second leg of ad push
Electricals market leader DSGi has launched the second phase of its irreverent ad campaign for its online business Dixons.co.uk.
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NewsAsos to unveil ethical site area
Asos is to launch an ethical area on its website called the Green Room.
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NewsCarphone’s ‘wireless world’ to grow as it readies for Best Buy
Carphone Warehouse is to expand its number of ‘wireless world’ format stores in the second half and speed up openings in the new financial year.
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NewsJD Sports still prospering despite rival’s resurgence
JD Sports has continued to trade well despite strengthening competition and is confident of its prospects for the rest of its financial year.
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NewsClintons set for Christmas after Halloween bonanza
Analysts are “cautiously optimistic” for Clinton Cards’ crucial Christmas trading period after the greeting cards retailer revealed solid trading in recent weeks.
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NewsAlexon turnaround plan bears fruit
Slowing like-for-like sales declines at Alexon have given analysts cause for optimism for 2010.
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NewsWaterstone’s challenges not over
The collapse of Borders UK won’t have surprised many market watchers. Specialist booksellers have been having a tough time for years – firstly hit by the bargain basement prices offered by the supermarkets, then the rise of online giants such as Amazon. Borders didn’t help itself either, but its collapse ...
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NewsSports Direct ahead in flat week for retail
He might be better known for his experience as a policeman than as a City grandee, but Sports Direct’s appointment of former West Yorkshire chief constable Keith Hellawell as chairman led to it being the biggest riser among the retail stocks last week.
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Government called on to help development
Retail property body BCSC has written to the Government asking it to make a firm commitment to help boost the retail property development pipeline in its pre-budget report next week.
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NewsAstley Clarke mulls international growth
Luxury jewellery etailer Astley Clarke is considering seeking further investment next year to bolster growth after like-for-like sales for its third year jumped 40%.
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Metro Cash & Carry unveils new portfolio of private-label brands
Metro Cash & Carry has unveiled a new portfolio of private-label brands that it intends to roll out to all the countries in which it operates.The six private labels include Aro, which comprises 700 food and non-food products and Fine Food, with 700 SKUs aimed at independent food traders and ...
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El Corte Inglés opens its first store inside another company’s premises
Retail conglomerate El Corte Inglés has opened its first store inside another company’s premises, at the Madrid headquarters of Spanish telecoms company Telefónica.The store, trading under the El Corte Inglés Convenience Store banner, has a sales area of 10,765 sq ft and offers a wide product range including food, pharmacy ...
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Metro Group dismissed all the top management at the Greek arm of its Makro Cash & Carry subsidiary
Metro Group has dismissed all the top management at the Greek arm of its Makro Cash & Carry subsidiary during an examination into administrative irregularities, according to the German retail press.Country manager Anastasios Michaelidis, non-food director Jan Casander and finance director Fotis Kalogeropoulos have left the company before completion of ...
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X5 Retail Group buys local supermarket chain Paterson
The country’s leading grocery retailer X5 Retail Group has bought local supermarket chain Paterson, which has 82 stores in Moscow, St Petersburg and other cities.X5 Group will pay $189.5 m (£103m) in cash for Paterson’s equity and assume $85m (£46m) of debt, to be financed by operating cash flow. It ...
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Pinault plans to divest its retail businesses
PPR chief executive François-Henri Pinault told the Wall Street Journal that the group plans to divest its retail businesses including Conforama, Fnac and Redcats.Pinault did not give any details on when the group plans to sell the companies, but said: “The sooner, the better.” He added that about 20 companies ...
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Carrefour in Italy confirms DìperDì fascia converts
Carrefour in Italy has confirmed that it is to convert all of its DìperDì neighbourhood stores to the Carrefour Express fascia as part of its multi-format single brand strategy.The international grocery group’s Italian GS supermarkets are being converted into Carrefour Market at present. Carrefour said that the multi-format single brand ...
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Woolworths expects a strong Christmas trading period
Multi-format Australian retailer Woolworths is expecting a strong Christmas trading period.Chief executive Michael Luscombe said business is “going along quite nicely”. The retailer revealed that net profit could exceed the Aus$2bn (£1bn) mark this financial year and it is still on the lookout for investment opportunities.For its 2010 financial year, ...
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Barnes & Noble and Borders report quarterly figures
Bookstore operators Barnes & Noble and Borders have both reported quarterly figures.Sales at Barnes & Noble stores fell 2% to $950m (£582m) in its second quarter, while its online sales climbed 9%.At Borders, sales dropped 12.7% in its third quarter to $595.5m (£365m), with like-for-likes down 12.1% and 7.2% at ...
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Black Friday weekend web and store visitors
195 million shoppers visited stores and websites over Black Friday weekend – the Friday after Thanksgiving that traditionally signals the start of the Christmas selling period in the US – up from 172 million last year, according to the National Retail Federation (NRF).However, the average spend over the weekend ...
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NewsSuitors eye Borders stores as break-up fears escalate
Major high street retailers are circling Borders UK stores as fears mount that the business will be broken up.