All International articles – Page 171
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AnalysisAnalysis: Where Ron Johnson went wrong at JC Penney
Ron Johnson was US retail’s golden boy - until he was ousted from JC Penney last month. Rebecca Thomson looks at what went wrong.
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AnalysisAnalysis: Department stores' international presence
As House of Fraser prepares for an overseas assault, with its first international store due to open this year and multi-language and currency websites planned for next year, Retail Week takes a look at who is doing what overseas in the department store sector.
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NewsEthical Trading Initiative reveals new fire and building safety plans following Bangladesh tragedy
The Ethical Trading Initiative (ETI) has revealed details of a new far-reaching safety plan to improve standards in fashion production in Bangladesh following the Rana Plaza disaster.
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NewsWalmart commits to Bangladesh and embarks on standards drive
Walmart has committed to continued sourcing from Bangladesh and to improve safety standards in the country.
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NewsRetailers act on safety code following Bangladesh factory collapse
A far-reaching new safety code is being drawn up for retailers that source from Bangladesh after the fatal factory collapse there that killed more than 400 people.
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Convenience store group CP to acquire Siam Makro
Convenience store group CP All has signed an agreement to acquire Dutch SHV Makro-owned Siam Makro in Thailand.CP All, controlled by Dhanin’s Charoen Pokphand Group, will pay THB787 (£17.72) a share for 64% of Siam Makro, a total of THB188.88bn (£4.25bn). The acquisition is subject to shareholder approval.CP All is ...
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AnalysisAnalysis: Tough questions raised by disaster in Bangladesh
The collapse of a building housing suppliers of well-known retailers has ignited debate about the responsibilities of businesses working with firms in developing countries.
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OpinionComment: Bangladeshi tragedy raises more questions for retailers
The factory collapse that took the lives of more than 380 people last week has again swung a spotlight on retail supply chains.
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News
Clicks Group reports turnover increase
Clicks Group’s turnover increased 11% to ZAR8.5bn (£614.4m) in the first half of its financial year ended February 28.Clicks’ drugstore turnover rose 7% to ZAR5.6bn (£404.8m), while the number of stores reached 430.Operating profit at the group’s music and video chain, Musica, increased 27.3% despite the closure of eight outlets.However, ...
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Former Sun European operating partner Frank Maassen to join But
Former Sun European operating partner Frank Maassen has been appointed director-general of French furniture and electricals chain But.Maassen has worked across the electricals, homewares and furniture sectors including at furniture specialists ScS and Sharps Bedrooms. He replaces Regis Schultz who left to become chief executive of Darty.
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NewsJ Crew on hunt for menswear-only store in London
J Crew, the US preppy fashion brand, is scouting out premises for a standalone menswear store in London as part of plans to open five different formats in the capital.
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Carrefour aims to roll out Courses Éco discount corners
Carrefour aims to have 30 of its in French hypermarkets by year-end, reports LSA.Courses Éco will only be rolled out in relevant stores in less affluent areas.
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DIY retailer Praktiker reports sales decrease
Sales at DIY retailer Praktiker fell 10.4% to €570.1m (£490.3m) during its first quarter ended March 31.Like-for-like sales slid 8.8%. Figures exclude the business in Turkey, which is at present in administration, and the Bâtiself banner in Luxembourg, which is to be divested.Sales in Germany declined 9.9% to €457.7m (£393.6m), ...
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News
Lekkerland's reports net sales increase
Lekkerland’s net sales increased €127.2m (£109.4m) to €11.48bn (£9.87bn) during its 2012 financial year.The figures were adjusted for a discontinued operation in Eastern Europe. The group’s net profit rose 58% during the year to €80.3m (£69.1m), because of strong earnings in Germany. “We have a positive outlook for the future,” ...
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NewsAsos to emulate Primark with value fashion line launch
Asos is to launch a new value line as it aims to emulate Primark’s success in low-cost fashion.
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NewsAsos to launch Russian website tomorrow as it unveils returns lockers
Online fashion retailer Asos is to launch a country-specific website in Russia tomorrow as it seeks to propel international growth.
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OpinionComment: There are international opportunities out there for retail
If you happen to be a libertarian socialist, ex-miner or of a misogynistic nature, I would advise that you stop reading this column now.
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AnalysisAnalysis: What does Waitrose’s deal with Eurostar mean for the retailer?
Waitrose has revealed it will begin supplying products to pan-European train service Eurostar from tomorrow. Retail Week looks at the implications for the grocer.
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NewsWilliams-Sonoma to land in UK with store on Tottenham Court Road
US homewares giant Williams-Sonoma is to open its first store in the UK on London’s Tottenham Court Road, Retail Week has learned.
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AnalysisInternational analysis: Home and away different worlds for French grocers
Two of France’s largest retailers, Carrefour and Casino, reported first-quarter trading figures on the same day.