More on Me + Em – Page 640
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NewsFortnum & Mason delivers ‘excellent’ Christmas results as sales spike
Fortnum & Mason has delivered what it called an “excellent” set of Christmas results, with all sales channels experiencing growth.
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NewsGame set to close stores as it calls on landlords to be 'realistic' about rents
Game has said it intends to close 40 stores across the UK unless it can renegotiate rents with landlords as it blamed a “challenging retail market”.
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AnalysisProfile: Jean-Jacques Van Oosten – Kingfisher’s new chief customer officer
From one type of brick to another, Jean-Jacques Van Oosten has rejoined DIY retailer Kingfisher from the Lego Group as chief customer and digital officer.
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AnalysisFive ways retailers can mitigate poor Christmas trading
While Christmas should be a time for celebration, for some retailers sales didn’t quite hit the mark – so what steps can be taken to turn things around?
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OpinionMove of the Week: Retail leaders must step up in brutal market
Happy New Year! Retail, as we know, never sleeps but for those of us that took some time out over the Christmas period to rest and reflect, the fast start to the new year has forced us to wake quickly from our festive slumber.
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NewsAsda to replace meat and fish counters with food-for-now offer
Asda is to close all of its in-store meat and fish counters as part of efforts to increase its focus on the food-for-now market.
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AnalysisFrom shunning toys to value-led shopping – the trends that defined Christmas
It has been a festive trading period dubbed by the BRC as “the worst on record”. With this week bringing the departure of a retail boss from one business and a profit warning at another, it does have the markings of a bleak Christmas.
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AnalysisJohn Lewis: As Nickolds exits, is Sharon White entering a disaster zone?
When new chair Dame Sharon White walks through the doors of John Lewis Partnership’s headquarters for the first time next month, she will not be welcomed by all the members of the executive team she expected.
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NewsRetailers pledge donations in fight against Australian bushfires
Several retailers have pledged money to the appeal to support those fighting the devastating bushfires in Australia.
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NewsRetail CVAs decline with rise in administrations ‘sign of things to come’
The number of retailers entering into CVA has decreased year on year while administrations are on the rise.
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NewsIkea to open first UK city-centre store format
Ikea has unveiled plans to open a new smaller store concept as part of its plans to make the homeware giant more accessible.
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NewsTesco’s Lewis blames price cuts and promotions for ‘subdued’ market
Tesco boss Dave Lewis has blamed the “subdued” Christmas grocery market on widespread promotional activity and heavy investments in price, rather than the fragile consumer backdrop.
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NewsCard Factory warns on profits after weak Christmas
Card Factory has slashed expectations for the year to come and its financial year ending January 2021 following a “softer than anticipated Christmas trading period”.
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NewsBoots sales fall as Walgreens Boots Alliance profits decline
Boots has recorded a decline in first-quarter sales as parent group Walgreens Boots Alliance reiterated its full-year profit guidance despite a slump in operating income.
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NewsJohn Lewis boss Paula Nickolds exits and Christmas sales fall
Total sales at John Lewis department stores and sister grocery specialist Waitrose slipped over Christmas and longstanding director Paula Nickolds is to leave.
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NewsNaked Wines hails ‘good performance’ over Christmas as Gormley departs
Naked Wines has reported it had a “good performance” over Christmas with strong underlying revenue growth, as its founder and chief executive retires with immediate effect.
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NewsM&S posts ‘improved’ Christmas performance despite clothing decline
Marks & Spencer’s Christmas like-for-like sales edged up but total sales dipped despite its grocery arm “outperforming” the market.
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NewsDunelm hails ‘particularly strong’ Christmas results
Dunelm has registered increased sales and profits during the crucial golden quarter.
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NewsTesco sales inch up as it hails growth in ‘subdued UK market’
Tesco has reported slight increases in both total and like-for-like sales and a fifth consecutive Christmas of growth in what it described as a “subdued UK market”.
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NewsBRC: 2019 was ‘worst year on record’ for retail sales
Total sales for 2019 were the “worst on record” as the retail sector limped to the end of the year when Black Friday distortions were taken into account.