More on Me + Em – Page 2269
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NewsTopshop opens in Chicago
Fashion giant Arcadia took another step forward internationally with the opening of a flagship Topshop/Topman store on Chicago’s Michigan Avenue.
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NewsBank holiday boosts John Lewis weekly sales
Shoppers turned out in force over the August bank holiday, enabling department store chain John Lewis to generate sales up 7.1% to £61.1m.
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NewsHMV confident of turnaround despite sales fall
Entertainment specialist HMV has posted a like-for-like sales fall of 15.1% in the first quarter but insisted that measures being taken to improve the business are bearing fruit.
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News
Cencosud launches virtual shopping system
Cencosud has launched Jumbo Mobile, a virtual shopping system located in Santiago’s underground rail network. The initiative will allow underground passengers to access more than 100 items via virtual shopping aisles by scanning in the QR codes using their mobile phones. The system will initially be available at the Escuela ...
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Uniqlo to open its largest global flagship store
Japanese clothing retailer Uniqlo, owned by Fast Retailing, is to open its largest global flagship store on Fifth Avenue in New York on October 14. This will be followed one week later by a similar store on 34th Street, New York on October 21. The retailer opened its first global ...
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Dollar General launches ecommerce site
Discount retailer Dollar General has launched an ecommerce site to allow it to reach customers outside its 35-state market. It offers both brand name and private label merchandise, including health and beauty products, cleaning supplies, baby items, toys, holiday merchandise, home decor, stationery and snacks. The site also has online-exclusive ...
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Jim Sinegal to step down from chief executive role at Costco
Warehouse club operator Costco revealed that Jim Sinegal will step down from his role as chief executive on January 1, 2012. He founded the company with Jeff Brotman, currently chairman of the board, in 1983. Sinegal will be succeeded by Craig Jelinek, who at present serves as president and chief ...
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OpinionJustin King: Retail’s role in rebuilding
Big retailers can make a real difference in communities hit by the riots, says Justin King
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GalleryIn pictures: Westfield Stratford City to showcase new store formats
Westfield Stratford City is to open next Tuesday with department store John Lewis – opening the doors to its 260,000 sq ft store – as one of the complex’s main anchors.
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NewsIn focus: Uniqlo
Uniqlo UK is the main European component of Fast Retailing, Japan’s casualwear phenomenon of the 1990s that broke its domestic market mould by sourcing from China, working closely with a handful of suppliers to wow the Japanese with low price but good quality clothing.
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NewsInvestor worry grows as trading stays tough
Grocers, led by Tesco, bucked a gloomy market, but it was a poor week for general retailers as investors continued to wring their hands about general prospects, not helped when fashion group Alexon warned on profits.
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NewsSuperGroup flagship to help brand expand product range
Superdry’s new Regent Street flagship store will allow the SuperGroup-owned brand to expand its product range, including a move into formalwear, according to chief executive Julian Dunkerton.
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NewsGrim outlook for Alexon after profit warning
Brokers warned of an increasingly difficult outlook for fashion group Alexon after the retailer issued another profit warning.
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NewsDirectors incentivised to turn round JJB’s fortunes
JJB directors are to be incentivised with a reward scheme that would result in them winning as much as £73.5m in shares if they succeed in turning around the fortunes of the sports retailer.
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NewsDebenhams’ profit forecast slashed
Debenhams’ new chief executive Michael Sharp, who took over on Monday, would have hoped for a better City start to his tenure.
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NewsAmazon launches new front in fulfilment war
Etail giant makes physical debut with lockers in London shopping centre
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NewsLegislate to revive empty shops, says Portas
High street tsar Mary Portas will recommend legislation to force landlords and banks to be more flexible about bringing empty shops back into use, she said this week.
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NewsSale unlikely for troubled Comet chain
Talks between Kesa and potential buyers of its troubled Comet chain had all but collapsed as Retail Week went to press, and the retailer was preparing to embark on its own turnaround plan.
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NewsTesco strikes back in JS Ulster price tussle
Tesco has gone head to head with Sainsbury’s in Northern Ireland following Sainsbury’s launch of its price guarantee scheme last month.
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NewsMatalan to trial management scheme
Value fashion and homewares group Matalan is to launch a bespoke training scheme to ensure all its retail managers are trained to a standardised level.