All Retail Week UAT articles in December 11, 2009 – Page 2
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OpinionCVAs are the lesser evil
Company voluntary arrangements are not ideal but I do believe that they are a much better solution than the alternatives of full administration or the pre-pack, says Blacks Leisure chief executive Neil Gillis
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GallerySteamer Trading: A cook shop worth its salt
Kitchen retailer Steamer Trading has opened an architecturally bold store that is sure to impress. John Ryan gets a tour in historic Guildford.
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OpinionRetail surgery: What are the Consumer Protection from Unfair Trading (CPUT) regulations?
We’ve been warned about the Consumer Protection from Unfair Trading (CPUT) regulations, but what are they?
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NewsGame sales dive despite share growth claims
Game’s group like-for-likes slumped 15.1% in the 44 weeks to December 5, but the retailer claimed it had continued to take market share.
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NewsChristmas voucher specialist Park Group sees market revival
Christmas savings and voucher specialist Park Group has posted year-on-year interim sales up 6% for the six months to September 30 and revealed orders for Christmas 2010 are “well ahead of last year at this stage”.
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NewsTesco veteran John Gildersleeve to be New Look chairman
Tesco veteran and chairman of Carphone Warehouse John Gildersleeve is expected to bring extensive City experience to his new position as chairman of New Look.
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AnalysisShopping centre marketing part funded by service charges: Money well spent?
Shopping centre marketing part funded by service charges should lead to increased footfall and sales. So why don’t retailers know where the money is going, asks Sara McCorquodale?
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NewsLaunch of video catwalk lifts sales at My-wardrobe
Online fashion etailer My-wardrobe has launched a video catwalk function for its site and from next year its customers will be able to create and view their own bespoke catwalk shows, by designer, category or trend, through video tagging.
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NewsMarks & Spencer casts net wider with YouTube channel
Marks & Spencer launched a dedicated YouTube channel yesterday, offering customers access to Marks & Spencer TV content including cooking demonstrations and documentaries, plus exclusive competitions.
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NewsCarpetright set for record UK sales
Floor coverings retailer Carpetright is expected to announce strong interim results on Tuesday following its most recent trading update for the 12 weeks ended October 24, which showed group sales up 10.3%, while like-for-like sales rose 5.6%.
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GalleryStreet of the week: Carnaby Street London
Anyone familiar with the Batman movies will know the one in which Jack Nicholson, playing the role of the Joker, heads into Gotham with a load of sinister-jolly balloons that spray poison gas onto the celebrating street revellers. Take an evening walk down Carnaby Street at the moment and something ...
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AnalysisLoyalty cards: The two-way street of loyalty
A month ago Asda chief operating officer Andy Clarke caused a stir in Retail Week by saying there was no place for loyalty cards in retail. Here, in an extract from his new book, Martin Hayward of Dunnhumby, the company behind Tesco’s successful Clubcard, explains why he believes customer insight ...
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NewsHilco-backed buyout on the cards at Habitat
The management of Habitat is understood to be close to securing a buyout of the furniture retailer.
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NewsSoaring B&Q UK and Ireland profit helps propel Kingfisher
Kingfisher’s group retail profit soared 28.3% to £227m in its third quarter, helped by strong performances in the UK and Ireland, and Poland.
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NewsBoots brand will span the globe, says Stefano Pessina
Alliance Boots executive chairman Stefano Pessina has vowed that the Boots brand will be sold in all the major countries in the world within five years.
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News
Dyson creates pop-up shop at Bluewater
Upmarket vacuum cleaner brand Dyson has opened its first bricks-and-mortar shop, with a 1,200 sq ft pop-up store at Bluewater that opened yesterday.
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AnalysisCan Best Buy dent locals’ dominance in China?
After pursuing cautious expansion in China since opening its first eponymous superstore there in 2006, Best Buy is planning to ramp up expansion in the market next year.
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NewsGame shares battered as like-for-likes crash
Disappointing BRC sales figures for November led to general retail shares underperforming the overall market, although the grocers did better. Like-for-likes were up just 1.8% over the month, hit by mild weather affecting clothing sales and falling food price inflation.
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News
Reliance Retail appoints Gwyn Sundhagul as chief exec of value-format division
Reliance Retail has appointed Gwyn Sundhagul chief executive of its value-format division, which includes the Reliance Mart, Reliance Super and Reliance Fresh fascias.Sundhagul was formerly chief marketing officer of Tesco’s Thai subsidiary Lotus. Reliance Retail operates almost 1,000 retail stores throughout India.
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NewsOasis tests appetite for SMS gift vouchers
Aurora-owned fashion retailer Oasis has launched an SMS gift voucher service to test customers’ appetites for mobile promotions with a view to rolling out the offer to Oasis’ sister fascias.