All Retail Week UAT articles in December 14 2012 – Page 4
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NewsUK shoppers are biggest online spenders, OfCom reveals
UK shoppers spend more money online than any other “major” country, a report by OfCom has revealed.
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OpinionNick Bubb's Verdict: Will Sports Direct buy House of Fraser stake?
Mike Ashley is every PR man’s nightmare - he says what he thinks, no holds barred.
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NewsTopshop to open first Hong Kong store next year
Topshop is set to open its first store in Hong Kong next year in its next step towards becoming a “global brand”.
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NewsMorrisons promotes Trevor Strain to finance chief
Morrisons has appointed former Tesco director and current Morrisons finance director corporate Trevor Strain as group finance director, replacing Richard Pennycook.
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NewsHMV warns over covenants despite narrowing first-half losses
HMV has warned it might breach its banking covenants despite narrowing losses and improved like-for-like sales in the first half.
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NewsSports Direct first-half profits soar as House of Fraser speculation grows
Sports Direct’s pre-tax profit soared in its first half as speculation builds that it is in talks to buy department store House of Fraser.
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News
Metro Properties plans Russian store openings
German Metro Group-owned Metro Properties plans to invest about e150m (£121m) to open six or seven stores in Russia in 2013, said head of asset and expansion management Arthur Taubert. The 2013 investment for store openings in Russia has been cut due to the depressed macroeconomic situation worldwide, he said.Instead, ...
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NewsVideo: Shop Direct boss Keith Basnett struts his stuff
Shop Direct chief operations officer Keith Basnett got into the spirit of things at the retailer’s charity ball last week.
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NewsShoppers switch meal plans based on promotions
More than half of food shoppers change their meal plans depending on promotions running in supermarkets, according to new research.
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News
Convenience store operator CP All reports record net profit
Convenience store operator CP All has reported a record net profit of Bt2.9bn (£58.9m) for the third quarter ended September 30, up 33% year on year, thanks to higher sales as a result of a promotional campaign.CP All aims to open about 500 new 7-Eleven convenience stores in Thailand next ...
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NewsAsos’ UK business has ‘turned a corner’ as sales rocket 24%
Asos boss Nick Robertson said the fashion etailer has “turned a corner” in the UK after a focus on price drove a sales surge in its first quarter.
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OpinionComment: Retail predictions for 2013
As the new year approaches, here are my retail predictions for 2013.
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AnalysisAnalysis: Which are the best Christmas adverts of 2012?
Retailers are aiming for engagement with truthful tales of Christmas, but which are the best Christmas adverts of 2012?
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News
Walmart India spends $25m (£15.5m) on lobbying activities
Walmart in India has spent $25m (£15.5m) since 2008 on lobbying activities to facilitate its entry into the country, the BBC has reported. The revelation sparked angry exchanges in India’s parliament.The opposition Bharatiya Janata Party called for an investigation into Walmart’s lobbying.
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AnalysisAnalysis: Who is Ride-Away?
Online equestrian retailer Ride-Away, newly acquired by Pets at Home, may not be a well-known brand outside of its strong Yorkshire base but it is set for rapid expansion as its new owner seeks to take the brand nationwide.
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GalleryIn pictures: Kiddicare opens flagship store
Kiddicare has opened a 50,00 sq ft flagship store just outside London.
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InterviewQ&A: Pets at Home chief executive Nick Wood on the Ride-Away acquisition
Pets at Home has bought equestrian etailer Ride-Away. The deal is expected to bolster its specialist credentials and complement its strong pet offer. Retail Week speaks to chief executive Nick Wood about his growth plans for the online business.
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Analysis
Analysis: SuperGroup's new found professionalism gears it up for growth
SuperGroup chief executive Julian Dunkerton was keen to stress how much of a professional outfit the retailer is these days.
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OpinionComment: UK growth bodes well for Asos
Global fashion powerhouse Asos is really leading the etail pack.
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NewsShopping centre footfall down as customers move online
Footfall dropped 1.7% last week as customer numbers in shopping centres fell on last year.