All News articles – Page 1177
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News
Mothercare Australia launches deep discounts in a bid to avoid closure
Troubled parent and baby specialist Mothercare Australia has launched a Sale at its branches, offering discounts of up to 40% as it tries to save itself from closure.The retailer, which entered administration in January, will run its Sale “in conjunction with the administrators’ continuing efforts in negotiating a sale of ...
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NewsRetail Week Live: Combine physical, human and digital elements in retail says Fitch
Retailers must combine the physical, human and digital elements of retailing in order to edge ahead of their competitors, the strategy director of branding agency Fitch said at Retail Week Live today.
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NewsRetail Week Live: M&S 'delighted' with Cheshire Oaks performance
Marks & Spencer head of new channels Benjy Meyer said the retailer is “delighted” with the performance of the technology in is multichannel showcase store in Cheshire Oaks.
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NewsRetail Week Live: Retailers should shout about staff skills, say Pets At Home
Specialist retailers should employ staff with specialist knowledge, according to the people director of Pets At Home, Ryan Cheyne.
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NewsRetail Week Live: Role of stores will change dramatically
The role of stores will change dramatically in the future, retailers at Retail Week Live said today.
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NewsRetail Week Live: Retailers must understand the omnichannel customer journey
Understanding the customer journey is one of the biggest challenges facing retailers as they strive to become omnichannel, according to a panel at Retail Week Live.
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NewsParliament launches inquiry into the state of the UK retail sector
The Department for Business, Innovation and Skills Select Committee has launched an inquiry into the UK retail sector, as tipped by Retail Week this morning.
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NewsRetail Week Live: Better insight needed to boost loyalty
Retailers have to work harder to get customer insight right, delegates at Retail Week Live have heard.
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NewsMorrisons to parachute in Kiddicare boss for online grocery launch
Morrisons is to parachute in Kiddicare chief executive Scott Weavers-Wright ahead of the launch of its fledgling online grocery business which is due to go live before the end of the year.
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NewsVideo: Vince Cable opens door for business rates reform
Business secretary Vince Cable believes the business rates system needs restructuring but has ruled out any changes being announced as part of next week’s Budget.
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NewsFrench Connection plunges into the red with £7.2m full-year loss
Fashion retailer French Connection fell to a pre-tax loss of £7.2m in the year to January 31, 2013, from a £4.6m profit the previous year.
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NewsZara owner Inditex profits soar 22% in 2012
Zara owner Inditex’s net profits soared 22% to €2.3bn in 2012 as sales jumped 16% to €15.9bn.
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NewsTesco acquires restaurant chain Giraffe for £48.6m
Tesco has bought Giraffe for £48.6m and plans to launch the family friendly restaurant in some of its larger stores.
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News
Walmart launches online product range
Walmart has launched an online range of products from small and medium-sized enterprises owned by women on its website, to support economic empowerment.More than 200 items, from jewellery and iPad cases to coffee beans and clothing, will be sold on the Empowering Women Together section of Walmart.com.The range comes from ...
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News
Otto Group records rise in revenue
Online and mail order specialist Otto Group recorded a 2% rise in revenue to E2.1bn (£1.83bn) for the year to February 28, 2013.While not disclosing figures, the company said that it achieved its highest profit in a decade and that 80% of sales now come from ecommerce.Otto is restructuring its ...
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NewsVince Cable to unveil Government's multichannel growth plan for UK retail
Business secretary Vince Cable will today unveil the Government’s growth plan for UK retail, including a focus on boosting omnichannel retailers and overseas growth for luxury brands.
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News
Migros Basel shelves expansion plans
Migros Basel, a co-operative of Swiss grocer Migros, has shelved expansion plans for Germany for the indefinite future.In an interview with Bilanz magazine, Migros chief executive Herbert Bolliger said Migros Basel’s expansion strategy had not worked.Migros entered the German market in 1995, but operates only four Migros stores in the ...
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News
Grocer Coop plans to convert to Rewe banner
Grocer Coop is planning to convert its outlets to Rewe Group’s Rewe banner, Lebensmittel Zeitung reported.Rewe Group and Coop have been buying partners for several years. Additionally, Rewe Group has a silent partnership in the retailer, which is located in northern Germany. Rewe Group will make the most of the ...
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NewsTesco 'sorry' after further horse meat found in meatloaf
Tesco has apologised to shoppers after it discovered horse meat in a beef meatloaf manufactured in Northern Ireland.
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NewsEbooks added to inflation 'shopping basket' for first time
Ebooks, blueberries and continental deli meat have been added to the Office for National Statistics’ inflation ‘shopping basket’ for 2013, reflecting the change in shopping trends.