More on Me + Em – Page 2763
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NewsTesco hits £1.4bn profits
Tesco has reported a 1.5% rise in group first half pre-tax profits to £1.4bn.
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NewsTesco unveils sale and leaseback
Tesco has carried out a new sale and leaseback transaction worth £514m in the latest phase of its ongoing programme to release value from its UK property portfolio.
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OpinionGIVing us reasons to shop
Stepping into the new GIVe store on Regent Street is a bit of an emperor’s new clothes moment.
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NewsFirst Quench acting chief executive resigns
First Quench Retailing acting chief executive and financial director Martin Healy has resigned and the group has drafted in a new chief financial officer.
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NewsAnthropologie Regent Street store to feature hydroponics
US fashion retailer Anthropologie, which makes it UK debut on Regent Street on October 23, will unveil a store featuring an internal wall composed of plants.
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NewsNext launches branded sportswear departments
Next is introducing branded sportswear shop-in-shops into its stores.
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NewsWaitrose pulls advertising from Fox News slot
Waitrose has pulled its advertising from the Fox News slot shown on Sky in the UK after customers complained about presenter Glenn Beck’s remarks about US president Barack Obama.
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NewsTJ Hughes turnover up 9.1%
Discount department store operator TJ Hughes has reported a 9.1% increase in turnover to £261.3m in its full year results.
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NewsMatalan ‘set for £1.5 billion 2010 sale’
Matalan could be put up for sale next year with a £1.5bn price tag, it has been reported.
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NewsTesco launches online fashion shop
Tesco has launched its standalone online fashion shop and hopes that sales will grow to account for 10% of total clothing turnover.
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News
Administrator sells Wine Cellar
Deloitte, the administrator of off licence and convenience store group Wine Cellar, has sold the majority of stores and stock to EFB Retail.
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NewsAurora appoints Mike Shearwood as chief executive
Aurora Fashions has appointed Mike Shearwood as chief executive.
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NewsAmazon launches standalone footwear site Javari
Amazon UK has launched its standalone footwear and handbag site, Javari.co.uk.
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NewsPets at Home assesses IPO potential
Specialist retailer Pets at Home has moved closer to a flotation with the appointment of JP Morgan Cazenove as joint sponsor, joint bookrunner and joint global coordinator.
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NewsNew John Lewis Cardiff store ‘huge success’
The “huge success” of the new John Lewis shop in Cardiff typified a week in which fashion items helped boost the department store chain’s sales to £51 million, up 4.7% compared with last year.
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NewsCompetition test to limit grocers’ local expansion
The Competition Commission has said it will press ahead with tougher planning hurdles to stop supermarkets dominating local markets.
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NewsSimon Bentley plots return to troubled Blacks Leisure
Former Blacks Leisure chairman and chief executive Simon Bentley is understood to be plotting a return to the outdoors specialist as it battles to secure its future.
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NewsBorders demands switch to monthly rent payment
Borders UK has written to landlords demanding an immediate switch from quarterly to monthly payments as September’s quarterly rent day hit.
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NewsHalfords mobilises SMS text-and-reserve service
Halfords has launched a text-and-reserve service to add to its multichannel proposition.
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NewsOnline retailers welcome postcode system for Republic of Ireland
Retailers have welcomed the revival of plans to introduce a national postcode system in the Republic of Ireland and believe the move should help catalogue and online businesses operate efficiently there.