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B&Q exec takes top job at Co-op Wednesday, 19th December 2012

The Co-operative lines up new chief executive

Photo credit: The Co-operative Group

Euan Sutherland, group chief operating officer at B&Q owner Kingfisher is set to take on a new position as group chief executive at the Co-operative Group.

Sutherland will replace Peter Marks, who will step down as chief executive at the Co-operative annual general meeting next May after 45 years working for the retailer.

Posted by Ava Szajna


Christmas 2011 Trading Updates Thursday, 5th January 2012

There’s no need to go hunting for all those crucial figures over the first few weeks of January: we’ll be collating all My-Retail Media coverage on the Christmas Trading Updates right here.

Check back daily to see who’s released figures, or add @myretailmedia, where we’ll be tweeting the latest updates to hit our blog.

American Apparel: Sales up 15% for American Apparel / “We’re getting our groove back” American Apparel’s Dov Charney remarks on results

Argos: Home Retail Group to slash dividend after festive sales decline

Asda: Asda records 10.7% growth in sales to Christmas Eve

Asprey: Asprey on the road to recovery

Aurora Fashions: Aurora sales rise 13% over crucial Christmas period

Best Buy: Best Buy same-store sales fall

Bloomsbury: Bloomsbury laughing all the way to Gringotts

Blue Inc: Blue Inc delivers Christmas sales rise

Boots: Perfume sales give Boots a spritz at Christmas

Booths: The host with the most helps Booths boast 7% rise in Christmas trading

British Retail Consortium: BRC: “Dazzling” Christmas not enough to rescue “miserable year” for industry

Burberry: Burberry Q3 revenue rockets 22%

Clinton Cards: Clintons holiday like-for-likes benefit from 0.4% boost

The Co-Operative: Sales at The Co-op leapt 16.1% in December

Debenhams: Debenhams sees strong December

Dixons: Dixons ditches discounts, sees shares rise 7%

Dunelm: Dunelm like-for-likes up 3.8% over December

 
 

The Fragrance Shop: The Fragrance Shop reports a bumper Christmas

Game Group: Game Group fears mount after tough Christmas

GameStop: GameStop sees holiday sales edge up

Gap Inc. : Gap sales worse than expected

The Garden Centre Group: Garden Centre Group bucks the trend with 17% leap in Christmas sales

Greggs: Greggs reports festive sales boost

Halfords: Halfords wounded by poor motoring performance

Homebase: Home Retail Group to slash dividend after festive sales decline

Home Retail Group: Home Retail Group to slash dividend after festive sales decline

House of Fraser: House of Fraser approaches 2012 with caution despite record Christmas

JD Sports: JD Sports edges up 1.6% over Christmas

JJB Sports: JJB improves Christmas performance despite “challenging environment”

John Lewis: ‘Outstanding’ Christmas for John Lewis

Lululemon Athletica: Lululemon Athletica raises quarterly profit projection

Lush: Lush Christmas “exceeds expectations”

Majestic Wine: Majestic Wine toasts a sparkling festive period / Majestic Wine carries on celebrating as shares climb 15%

Maplin: Maplin’s refusal to cut prices pays off for December like-for-likes

Marks & Spencer: Marks and Spencer holds tight with modest Christmas sales rise

Morrisons: Morrisons sales flat over “challenging” Christmas

Mothercare: Mothercare group sales dip 1.2%

N Brown: N Brown makes timely promotions to aid growth

New Look: New Look reports 3.6% rise in like-for-likes

Next: Next’s Christmas saved by online sales

Ocado: Ocado reports bumper Christmas sales

The Original Factory Shop: Perfume sales give Boots a spritz at Christmas

Phones 4U: Phones 4U reshuffles top brass after a bumper Christmas

Prestons of Bolton: Prestons of Bolton reaps rewards of Christmas ad

QD: QD owners looking to expand after ‘best Christmas ever’

Richemont: Richemont reports 24% sales boost

Robert Dyas: Robert Dyas posts 6.3% jump in Christmas sales

Ryman: Ryman reports profits surge

Sainsbury's: Sainsbury’s breaks record with “best Christmas ever”

Signet: Signet reveals 7.8% rise in holiday sales

Superdrug: Superdrug Christmas sales up 2.5%

SuperGroup: SuperGroup sales soar

Swatch: Swatch sees strongest turnover ever for Christmas 2011

Target Corp. : Target lowers earnings expectations after difficult Christmas

Ted Baker: Ted Baker reveals 15.7% rise in holiday sales

Tesco: Tesco ‘disappointed’ with strained Christmas trading / Tesco shares plummet after profit warning

Theo Fennell: Theo Fennell loses its sparkle as another restructuring is planned

Thorntons: Thorntons reports bitter Christmas

Tiffany: Tiffany lowers profit forecast after weak holiday trading

Topps Tiles: Holiday trading remains tough for Topps Tiles

Urban Outiftters: Urban Outfitters benefit from bumper holiday

US Retail Sales: US retail sales edge up 0.1% in December

Waitrose: Waitrose sales set new record

Warnaco: Warnaco rises above retail gloom


Supermarkets begin grocery discounting Tuesday, 3rd January 2012

 

The big grocers are responding to a potential wane in consumer spending this January by carrying out widespread discounting.

Tesco has unveiled a third wave of its Big Price Drop campaign and Morrisons has launched the Great British Price Drop in stores today in anticipation of shoppers cutting back.

Asda, The Co-operative and Aldi are all offering discounts on fruit, vegetables and low fat yoghurts as part of the Department of Health Change4life scheme.

Also, Sainsbury’s has revealed that of the 45 million Brand Match coupons issued, over half have proved to customers that their shopping was cheaper than it would have been at Tesco or Asda.

Sainsbury’s group commercial director Mike Coupe said: “Customers tell us they’re reassured that Sainsbury’s Brand Match means they will always receive great value when they shop with us. They love the fact that, when we are more expensive, Sainsbury’s Brand Match gives them an instant reward. Unlike some of our competitors, we’re happy to do all the hard work for our customers.”


The Co-Operative staff record charity single Monday, 12th December 2011

 

Staff from The Co-operative Group, including chief executive Peter Marks, have released a charity single in aid of Mencap.

The eight-piece band, dubbed Angel Square, has recorded its own version of the Take That song ‘Greatest Day’ to help young people with learning disabilities.

Peter Marks mans the drums; Trevor Ashworth, director of Food Retail Logistics, is on the keyboard; Lee Braddock, responsible for the Food Supply Chain, is on bass; Eivind Brown from Food IS and Planning is the rhythm guitarist and Dan Zambas from the group finance department is on lead guitar and synths.

In addition, vocals are provided by Kat Harper who works in Food Media and Communications and Caroline McCann from the group’s legal department. Dan Harley, a category merchandiser, is the band’s musical director and lead vocalist.

Proceeds raised from the sale of the song will raise money for The Co-Operative’s charity of the year Mencap and its sister charity ENABLE Scotland to develop ‘Inspire Me’ – a programme designed to give up to 20,000 young people with a learning disability support and guidance for their futures.

The song is now available on iTunes and all good digital music stores. Alternatively, you can pick it up via the band’s website.