All International articles – Page 202
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NewsTarget enters formal mediation over name
US-based grocer Target has entered formal mediation over whether it can use the Target name in Canada.
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Sales increase at Spar International
Spar International saw sales increase by 4.5% in 2010. The group’s worldwide retail sales grew by more than E1.3bn (£1.16bn) creating a turnover of E29.8bn (£2.65bn), a cumulative 10.4% increase over the last two years. The organisation says this rise was due to larger format stores and significant growth in ...
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Lidl negotiates to buy land for future stores
German-based Lidl is negotiating to buy land for future stores. Lidl says it is looking to begin operations in major cities.
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Uniqlo expects sales boost
Clothing chain Uniqlo has said it expects to see a sales boost this year as shoppers buy lighter clothing during the summer as a result of rising temperatures.
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Future Group plans new electronics retailing format launch
Future Group is planning to launch a new electronics retailing format, which is a hybrid of e-Zone, its bricks-and-mortar electronics retailing arm, and its ecommerce portal Futurebazaar.com.
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Dollar General reports like-for-like sales
Dollar General has reported like-for-like sales up 5.4%, with sales increasing 10.9% to $3.45bn (£2.1bn) for the first quarter ending April 29.
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Borders finds a potential bidder
Bookseller Borders has found a potential bidder in the form of Gores Group. The private equity firm has shown interest in acquiring 200 of Borders’ 405 stores. The deal would keep the bookstore chain operating as a going concern in the wake of it filing for chapter 11 bankruptcy in ...
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AnalysisHow can retailers crack China?
China is now the second biggest economy in the world. Rebecca Thomson looks at the numbers and considers how retailers can reap rewards from this global superpower.
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NewsAurum gears up to select preferred bidder in its £200m sale process
Jewellery group Aurum, which owns chains including Goldsmiths and Mappin & Webb, is expected to pick a preferred bidder for its 165-store business by mid-summer.
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GalleryLas Arenas, Barcelona
Yes, you did read correctly and no, you’ve not dived into some kind of alternative Ernest Hemingway sub-culture. This is Las Arenas, the vast, former bullring in the heart of Barcelona.
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NewsTesco brings Turkey COO home to lead superstores
Tesco has brought its chief operating officer in Turkey back to the UK as part of group chief executive Phil Clarke’s plans to bolster the lacklustre UK division.
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NewsBurberry plots store refits and international flagship openings
Luxury retailer and brand Burberry is to plough £80m into store refurbishments this year and focus on high-profile flagship openings after reporting a surge in profits.
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NewsChain Reaction Cycles mulls new investment
Bikes and accessories etailer Chain Reaction Cycles is considering seeking more investment to pedal future growth.
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AnalysisWalmart China takes a hit as two top executives quit
Walmart has said that two senior executives at its Chinese operation, chief financial officer Roland Lawrence and chief operating officer Rob Cissell - formerly of B&Q and Robert Dyas - have resigned.
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NewsLosses widen at Kookaï as sales plummet
Fashion chain Kookaï has reported pre-tax losses edged up and sales fell 30% in the year to August 28.
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AnalysisTaking payment overseas
International customers are flocking to buy from the websites of retailers based in the UK, but they do expect to pay using their preferred local options, finds Alison Clements
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OpinionA question of entertainment
It seems like entertainment retailers are under siege from all directions.
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NewsSignet insists it will keep investing in UK
Signet chief executive Mike Barnes insists the jewellery giant will continue to invest in the UK, despite reports it is mulling a sale of the UK business, which includes H Samuel and Ernest Jones.
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NewsWalmart gets green light for Massmart buy
Walmart has been given the green light for its proposed $2.4bn merger with South African retailer Massmart, subject to certain conditions.
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NewsDebenhams to enter US market with Sears tie-up
Debenhams, the department store chain, could enter the US by opening space in Sears department stores.