More on Me + Em – Page 2839
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NewsB&M Bargains sets sights on 400 stores as profits soar in downturn
Value retailer B&M Bargains has unveiled a sparkling set of full-year results and vowed to increase its store numbers to 400 across the UK.
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NewsHouseholds better off but still reluctant to spend
The average household’s discretionary income has risen by 25 per cent to £1,075 over the past 12 months, but consumers remain cautious about splashing out in stores.
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NewsSupermarkets to intensify online non-food push
Supermarkets look likely to steal a further slice of general retailers’ sales as both Tesco and Sainsbury’s revealed plans to extend their non-food operations in their first-quarter trading updates this week.
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NewsMatalan web transaction prices higher than in stores
Matalan has revealed that the average transaction price on its fledgling website is almost a third higher than in its bricks-and-mortar stores after the site’s successful launch.
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NewsSuperdrug hiring of Steve Jebson fuels ‘son of Woolies’ doubts
Former Woolworths commercial director Steve Jebson has been appointed to the same role at Superdrug, the health and beauty giant owned by AS Watson.
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NewsOcado changes advertising tack after ASA ruling
Ocado has adapted its Tesco Price Match strategy after a ruling by the Advertising Standards Authority that ads highlighting the online retailer’s campaign were misleading and its claims could not be substantiated in a number of instances.
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NewsM&S to transfer IT staff in outsourcing move
Marks & Spencer is to transfer employees within its IT department to a third-party supplier as part of a deal that will outsource technical support staff.
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NewsConran Shop launches entry-level price range
The Conran Shop is to roll out a lower-priced range in an attempt to introduce new customers to the brand who might have perceived it as too expensive.
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NewsMajestic Wine to stay expansion course despite profits plunge
Majestic Wine chief executive Steve Lewis will press ahead with expanding to 250 branches from 150 over the next five to 10 years, despite a profits plunge.
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NewsRay Kelvin upbeat as Ted Baker sales surprise
Ted Baker chief executive and founder Ray Kelvin remains confident that shoppers are still spending despite being in the middle of a deep recession.
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NewsSteady Game trading gets mixed reaction from City
Computer entertainment group Game reassured that trading has remained “in line with expectations” in recent months but did not disclose exact numbers.
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NewsHomebase scores for Home Retail Group
Recent sunny weather has helped DIY chain Homebase, which notched up a like-for-like sales increase of 3.8 per cent in the 13 weeks to May 30.
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NewsSainsbury’s and Tesco updates cause a stir
Big grocers took the spotlight this week as Sainsbury’s and Tesco issued first-quarter updates. And what the pair had to say has implications for the entire retail sector.
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NewsRyman on the expansion trail as deals improve
Ryman is on the expansion trail as it takes advantage of good property deals while making a “significant” investment in its online strategy.
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NewsHenderson connects stores via broadband
Northern Irish Spar operator Henderson Group is in the process of rolling out a broadband network to connect its company-owned stores and independents to head office.
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NewsMcArthurGlen lands Glasgow Airport deal
Outlet mall developer McArthurGlen has unveiled plans for its first UK airport operation, in Glasgow, and is in talks to secure a further wave of sites across the country.
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NewsChristmas savings specialist Park Group steady
Festive orders at Christmas savings specialist Park Group are “close to the level of a year ago”, according to the group.
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Perfume Shop relocates second warehouse
The Perfume Shop has moved its second warehouse from Maidenhead to Dunstable to aid growth.
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NewsArcandor teeters as talks to salvage business continue
The future of beleaguered German conglomerate Arcandor hangs in the balance after it began insolvency proceedings last week.
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Gap outlines growth plans
US Gap chairman and chief executive Glenn Murphy has outlined domestic and international growth plans and intends to expand the retailer’s Outlet business with new shops in the UK, Japan and Canada.Murphy said Gap’s online and international business has grown by $500m (£305.6m) between 2006 and 2008 and both areas ...