More on Me + Em – Page 2843
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NewsPoor exchange rate could force non-food price inflation
Sterling’s weakness could leave the UK with more than £20bn of extra costs over the next year, raising the threat of higher prices for shoppers, according to reseach from PwC.
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NewsHot weather holds back John Lewis but helps Waitrose
Hot weather in the early part of last week held back John Lewis’s sales, but helped Waitrose to a strong week.
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NewsHamleys makes a loss of £2.7m
Iconic toy retailer Hamleys made a loss of £2.7m in the year to March 31, 2008 as its annual interest bill increased.
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NewsAldi UK boss Paul Foley lashes out at supplier bullying
Suppliers must refuse to be “bullied” into not supplying discount retailers by the sector’s giants, Aldi UK and Ireland group managing director Paul Foley said yesterday.
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NewsDavid Ross raises £38m from Carphone Warehouse share sale
Former Carphone Warehouse director David Ross, who stood down as deputy chairman last December, has sold 24 million shares in the retailer – about 15 per cent of his stake.
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NewsWoolworths dispute taken to High Court
Woolworths’ administrator Deloitte and BBC Worldwide are expected to face each other in court today over the value of the latter’s joint venture with the defunct variety store group.
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NewsIceland profits skyrocket as it sidesteps recession
Iceland chief executive Malcolm Walker has declared that the retailer is “not taking part” in the recession after revealing record sales and profits.
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NewsCOO parachuted in to steady struggling Threshers owner
A new chief operating officer has been parachuted in to troubled Threshers owner First Quench Retailing, replacing its IT and central operations directors, who have both left the business.
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NewsStefano Pessina defends Andy Hornby hiring as key to Alliance Boots progress
Stefano Pessina has said that Alliance Boots’ 115,000 staff should not be concerned at the appointment of Andy Hornby as group chief executive, despite his association with the HBoS shipwreck.
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NewsHollister secures deals to double UK portfolio
US fashion brand Hollister has pressed on with aggressive expansion plans across the UK, adding four more stores to its portfolio, and entering talks for another four to five.
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NewsCargo owner launches soft furnishings chain
The parent company of furniture retailer Cargo has launched a new textiles and soft furnishings chain using the brand Homestyle.
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NewsHouse of Fraser reintroduces IT director to aid service
House of Fraser has reintroduced the role of IT director as part of a drive to improve customer service.
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NewsHouse of Fraser to trial product videos
House of Fraser intends to begin trialling product videos on its website in the Autumn to measure the impact on sales.
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NewsMenkind expands
The men’s gifts and accessories retailer has pushed the button on expansion after its most profitable year ever.
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NewsArgos trials festival store at Isle of Wight
Argos is testing a new mobile store format at this weekend’s Isle of Wight music festival.
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BRC wins concessions on rates and credit insurance
The British Retail Consortium has claimed victories this week in the fights against spiralling business rates and trade credit insurance woes.
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NewsQS owner resolves to make profit despite losses of £21m last year
The owner of QS has vowed to make the value fashion retailer profitable this year despite recording a £21.4m pre-tax loss last year.
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Steamer profits lift as it defies dire market
Kitchenware retailer Steamer Trading Cookshop has defied dire trading conditions to reveal a lift in full-year profits.
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NewsRetail’s got talent: Retail Trust launches its campaign
Move over Britain’s Got Talent, retail now has its very own version of the hit TV variety programme.
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NewsPoundland on ebay
Products from Poundland’s sell-out wedding range are being sold on eBay at “considerably” inflated prices.