Newspaper retail round up

A roundup of retail stories from the papers this week… M&S, Best Buy, The Body Shop, Burberry, Ocado

M&S researches effects of budget

Marks & Spencer has begun a major piece of market research to find out how tax rises and spending cuts will impact on customers.

From The Independent

Best Buy in trademark row

Electronics retailer Best Buy, which launched in the UK this year, is facing a row over claims that it does not control its trading name in Europe. A rival electronics retailer claims to have the European Union trademark rights to the Best Buy name and has asked the US chain to stop using it in the UK.

From The Daily Mail

Body Shop doubles direct selling

The Body Shop is looking to double the size of it’s At Home direct selling division, which accounts for 10% of the retail chain’s business. The cosmetics and toiletries retailer is looking to recruit 3,500 women to host its brand parties.

From The Times

Burberry sales get a boost
Burberry sales have been boosted by a tighter grip on promotional activity int eh second quarter. The fashion chain posted a 27% sales rise to £229m in the three months to the end of June.
Djalili boosts Moneysupermarket.com

Moneysupermarket.com’s advertising campaign starring actor and comedian Omid Djalili has boosted traffic to the price-comparison website, offsetting declining revenue at its travel division.

Ocado valuation raises doubt

Analysts have said that Ocado is worth less than the £800m-£1.1bn that the online grocer has set out for its stock market float which is causing big investors to shun the float.

From The Financial Times

Harrods eyes Shanghai

Harrods’ new owner wants to cash in on China’s wealth and is eyeing Shanghai as its first overseas location.

Hamleys back in profit

Hamleys has returned to profit after a six-year decline. The upmarket toy store reported a pre-tax profit of £100,000 compared to a loss of £4.1m last year.

From The Guardian

Latest from Marketing Week

NOT REGISTERED? IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now

THE BEST CONTENT

Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here