All International articles – Page 266
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News
Uniqlo launches online in China
Fashion retailer Uniqlo has launched online in China on website Taobao.com. The site is part of the Alibaba Group, which is 39 per cent owned by Yahoo.Tadashi Yanai, chairman of Fast Retailing – Uniqlo’s parent company – said the strategy will allow Uniqlo access to Taobao’s 100 million registered users.Uniqlo ...
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NewsWal-Mart plan to cut costs in China raises concerns
Wal-Mart sent a disappointing signal to the Chinese retail market last week when it revealed it was launching a job optimisation programme to reduce staff costs in the country.
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Dollar Tree launches transactional website
Single price point retailer Dollar Tree has launched a transactional website, accessible from its Dollartree.com site. The website is aimed at customers who want to buy in large quantities, and allows users to order cases of products with free shipping if they collect their order from one of the retailer’s ...
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AnalysisGlobal online retail: The world at your fingertips
The online route is allowing many retailers to trade in foreign countries without incurring the expense of a physical launch. Joanna Perry assesses e-commerce prospects across the globe
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Tengelmann to relaunch online store Plus
Grocer Tengelmann plans to relaunch its non-food online store Plus later this year, according to reports. The project will extend the online shop’s product range to around 10,000 items by the end of this year.New product ranges will include electronics, DIY and furniture. The site will also feature innovations such ...
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Retailers’ expansion abroad continued in 2008 despite downturn
International expansion by retailers continued throughout 2008 despite the tough global economic climate, a report has revealed.
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NewsTesco to ramp up telecoms shops
Tesco is to double the number of in-store telecoms shops in its supermarkets by the end of the year.
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UK retains position as most international market
The UK has retained its position at the top of the international market rankings.According to a survey conducted by property agency CB Richard Ellis, the UK is still home to more international retailers than any other market.As part of the study, How Global is the Business of Retail?, 280 retailers ...
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Shopping centre plans for Europe slow down
More than 75 million sq ft of planned shopping centre development space in Europe has been axed or put on hold as a result of the global downturn.According to a report from property agency Cushman & Wakefield, about 107.6 million sq ft of new shopping centre space will open across ...
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NewsFresh & Easy introduces review section to website
Tesco’s US Fresh & Easy operation has introduced a product review section on its website to increase interactivity with its customer base.When shoppers sample a product in stores through the US grocer’s Kitchen Table tasting area, they can then review it online.A Tesco spokesman said: “This launch forms part of ...
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NewsJapan’s government steps in as spending plummets
Japan’s government last week laid out plans to plough an extra ¥10 trillion (£68.2bn) into attempts to stimulate its ailing economy.Retail sales have been a big victim of the country’s economic travails and fell to their lowest levels for seven years in February.Japan’s finance minister Kaoru Yosano has labelled the ...
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News
Target wants 12-member board
Discounter Target is asking its shareholders to vote to limit its board to 12 directors and not 13 as activist shareholder William Ackman would like.Ackman, who runs hedge fund Pershing Square Capital Management, is also a stakeholder in Sears Canada and Borders and holds nearly 8 per cent of Target’s ...
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Subhiksha seeks to avoid liquidation
Department store Subhiksha is poised to go to court to avoid liquidation.