More on Me + Em – Page 2777
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NewsHints of Scottish retail optimism
The Scottish Retail Consortium said it sees “hints of optimism” in the high street after sector like-for-like sales rose 0.8% in August, compared with a year earlier.
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NewsRetailers urge EU caution over Sri Lanka
UK retailers are calling on the European Commission not to penalise Sri Lankan workers or British shoppers in a human rights row.
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NewsNext raises annual earnings forecast
Fashion retailer Next has raised its annual earnings forecast after delivering a 6.9% rise in first-half pre-tax profit to £185.5m.
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NewsGrocery data divides opinion on Clubcard 2 impact on Tesco
The latest market data from analysts TNS Worldpanel and Nielsen gave a contrasting picture of the impact of Tesco’s Clubcard 2 double loyalty points launch in August.
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NewsBest Buy profits slide in second quarter
US electricals giant Best Buy, which will open its first big-box stores in the UK next spring, has posted a 22% fall in profits for its second quarter.
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NewsFalling food prices drive lower CPI inflation
The Consumer Prices Index annual inflation rate fell to 1.6% in August compared to 1.8% in July.
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NewsEU sanctions could hit clothing imports from Sri Lanka
Retailers including Next, Marks & Spencer and Tesco could have their clothing supply from Sri Lanka hit as the EU looks set to withdraw funding from the country.
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NewsNew stars poised to join Marks & Spencer Christmas campaign
Marks & Spencer is reported to have signed television stars Joanna Lumley, John Sergeant and Stephen Fry to star in its key Christmas advertising campaign.
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OpinionUK shopping centres lead the way
For retailers coming into the European market, the UK’s shopping centres are the most appealing place to start.
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NewsDebenhams on track to hit profits despite sales fall
Debenhams has forecast a rise in annual profit despite store revamps impacting on the retailer’s sales.
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NewsDunelm sales recovery in the second half
Value homewares retailer Dunelm has reported pre-tax profit is up 6.8% to £52.5m in its full year results, helped by a strong sales recovery in the second half.
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NewsShop Direct brings in chief to run financial services arm
Home shopping group Shop Direct has brought in Neil Chandler in a newly created role of chief executive of its financial services arm.
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Retailers braced for Dan Brown frenzy
Booksellers are bracing themselves for blockbuster sales of a book tipped as the biggest publishing event since JK Rowling’s Harry Potter and the Deathly Hallows two years ago.
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NewsAdili to open stores for the first time
Adili is expanding its reach by opening its first stores under its new name Ascension.
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NewsJohn Lewis to ramp up fashion credentials
John Lewis is to launch a luxury shop fit for its womenswear range in its Cardiff store to drive its fashion credentials as it relaunches its online clothing site.
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NewsLosses widen for Adili
Losses for ethical etailer Adili, now trading as Ascensiononline.com, have widened to £1.9m in the year to April 30 from £1.58m the year before.
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NewsGap opens pop-up store to celebrate 40th anniversary
Gap has opened a 40th anniversary pop-up store in Kingley Court, off London’s Regent Street.
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NewsSales growth slows in London
Retail sales growth in London hit its lowest levels for four years with like-for-like sales in August dropping 5.9% for the month.
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OpinionPrimark is just getting started
There was a point when a visit to Primark was a bit of a bunfight. But the days of garments on the floor outnumbering those on the rails now seems a distant memory – in most branches anyway.
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NewsSainsbury’s appoints David Tyler as chairman
Sainsbury’s is understood to have hired David Tyler to become its next chairman.