More on Me + Em – Page 2759
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NewsM&S internal candidates to pitch to investors
Marks & Spencer’s internal candidates to succeed Sir Stuart Rose are expected to make presentations to the City tomorrow at the retailer’s first investor day for nearly a decade.
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NewsBRC outlines retail priorities to politicians
The British Retail Consortium (BRC) has issued what it sees as key priorities for the new political year, which it hopes will help retailers to emerge stronger from the recession.
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NewsCo-op food sales soar
The Co-operative Group has reported a 17 per cent rise in first-half profits to £229m, driven by its acquisition of Somerfield and strong growth in its food business.
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NewsJJB reconfirms equity raising will go ahead
JJB has reconfirmed this morning that its plans for an equity raising will go ahead, despite it being dogged by speculation and rumours in relation to its executive chairman Sir David Jones at the weekend.
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OpinionAround the world with Tesco
Tesco is not only gearing up for a UK bounce back, it is gaining good ground internationally. The next year will see it invest most in international markets and it is well set up for growth.
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NewsUS retail sales rise for first time since start of financial crisis
US retail sales have risen for the first time since the major financial slump started in September 2008.
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NewsArgos and eBay turn away from Royal Mail as strike looms
Argos and eBay have joined a growing number of retailers seeking alternative courier services after Royal Mail voted in favour of strike action yesterday.
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NewsJohn Lewis posts 6.3% weekly sales rise
John Lewis department store sales rose by a higher than expected 6.3% last week, despite a strong year-on-year comparative.
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NewsJJB equity issue to raise £100m
JJB Sports is to launch a £100m equity issue in the latest phase of its turnaround battle following its CVA earlier this year.
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NewsGeorge claims top spot in clothing market share
Asda’s George has seized the top spot in clothing market share, delivering managing director Anthony Thompson’s target to take first place 18 months early.
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NewsGrocery giants upbeat on recovery prospects
Tesco and Sainsbury’s chiefs gave hope to the high street in the run-up to Christmas with rare optimism that the UK is recovering from the slump that has undermined consumer sentiment.
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NewsBorders secures gadget tie-up in non-book drive
Struggling Borders UK’s non-book products, including toys, gifts and snacks, are poised to account for half the bookseller’s sales after signing a tie-up with gadget retailer Red5.
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NewsHabitat chief puts date on profitability return
New Habitat chief executive Mark Saunders expects to return the furniture and homewares chain to profitability within three years.
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NewsB&Q wins landlord concession to cut rent on seven larger stores
B&Q has secured a 10% reduction in rents for seven of its warehouse-format stores in a deal with landlord British Land.
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NewsMarks & Spencer poised for online expansion to hit etail targets
Marks & Spencer is expected to reveal online expansion plans on Tuesday, when it is holding a strategy day for investors.
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NewsAmazon.com to launch e-reader
Amazon is to shake up the books and fashion markets ahead of Christmas with the international launch of its Kindle e-reader and a new clothing outlet.
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News‘Family-friendly’ Ann Summers to open in key shopping centres
Ann Summers is to open in Westfield and Bluewater shopping centres as its new, more discreet store look makes the sex toys and lingerie retailer more acceptable to once-wary malls.
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News
Alworths ‘will break even’ in first year
Alworths, the variety chain set up by former Woolworths director Andy Latham, expects to break even in year one of trading.
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NewsFirst Quench hit by departure of acting chief exec
First Quench Retailing’s acting chief executive and financial director Martin Healy has resigned and owner Vision Capital’s Johan Van de Steen has taken the helm.
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NewsIndustry mourns Keith Wills
Keith Wills, one of the leading retail analysts of his generation and long-standing contributor to Retail Week, has died after a long illness.