All News articles – Page 1196
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NewsN Brown poaches Original Factory Shop boss Angela Spindler
Outsize fashion group N Brown has poached Original Factory Shop chief executive Angela Spindler to succeed retiring boss Alan White.
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NewsFurniture etailer Made.com expands overseas with French launch
UK designer furniture etailer Made.com has unveiled the first step in its international expansion strategy with the opening of its French website today.
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US clothing retailer Gap prepares to enter India
US clothing retailer Gap is preparing to enter India in 2014.Rajiv Malik, general manager for sourcing in India, would not confirm whether Gap planned to enter the market on its own or with a local partner.
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Aeon shows increasing interest in Asian retail market
Japanese retailer Aeon and a unit of Thailand’s Central Group are thought to be considering a bid for Indonesia’s Matahari department stores.Private equity firm CVC Capital Partners owns a major stake in Matahari’s retail division, and reports suggest it is seeking as much as $3.5bn (£2.23bn) for a buy-out.Aeon has ...
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NewsSainsbury's teams up with Channel 4 on cookery show
Sainsbury’s has collaborated with Channel 4 to produce a daily cooking show to air in late February.
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Gulf Related to open 2.85 million sq ft shopping centre in Abu Dhabi
A $1bn (£635.9m) shopping centre developed by Gulf Related that is larger than any equivalent urban centre in Europe is due to open in August.The 2.85 million sq ft Abu Dhabi-Sowwah Central development will feature luxury shops and restaurants. The Galleria, a 550,000 sq ft space within the complex, is ...
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NewsThe Co-operative dumps supplier after horse meat found in burgers
The Co-operative Group and Asda have said several of the beef burgers they withdrew from sale as a precaution amid the horse meat scandal featured equine DNA and The Co-op has delisted supplier Silvercrest.
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NewsIceland to DNA test meat but stands by supplier following horse meat scandal
Iceland is to introduce DNA testing following the horse meat controversy but will not delist supplier Dalepak.
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NewsMothercare UK boss Mike Logue departs in management restructure
Mothercare UK managing director Mike Logue is to leave the maternity specialist after the retailer made the role redundant as part of a management restructure.
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X5 Retail reports net retail sales growth
Grocery group X5 Retail has reported preliminary consolidated net retail sales growth of 8.3% to RUB490.09bn (£10.34bn) for its full year 2012.The group’s like-for-like sales decreased by 1.4%. Pyaterochka stores, X5’s core format, delivered only 0.5% like-for-like sales growth.Karusel hypermarkets also suffered - like-for-like sales fell 9.9% and revenues slid ...
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Carrefour's Greek franchisee to invest in Serbia
French retailer Carrefour’s Greek franchisee Marinopoulos is planning to invest in Serbia.The retailer will open a flagship store in a new shopping centre in Belgrade. The shop is scheduled to open in a year’s time.
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Ahold US division appoints executive vice-president of merchandising
Grocer Ahold’s US division has promoted Mark McGowan to executive vice-president of merchandising with immediate effect.McGowan was previously executive vice-president of supply chain.
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NewsHMV: Deadline today for expressions of interest as job cuts loom
HMV administrator Deloitte has set a deadline of today for confirmation of expressions of interest in the collapsed entertainment retailer but a round of job cuts is expected by the end of the week.
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Grocery retailer Metro to sell part stake in convenience store
Grocery retailer Metro plans to sell 48.2% of its stake in convenience store operator Couche-Tard to BMO Nesbitt Burns, National Bank Financial and TD Securities.Metro chief executive Eric La Flèche said the company made the decision “given the market value of our holdings in Couche-Tard relative to Metro’s total value”.Following ...
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NewsAmazon sales soar over Christmas as customers go digital
Digital books helped Amazon experience a bumper Christmas as global sales soared 22% to $21.27bn in its fourth quarter while physical book sales growth stalled.
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NewsTesco delists horse meat supplier as it invests in DNA testing
Tesco has delisted the supplier at the heart of the horsemeat controversy as it revealed that it will introduce DNA testing checks to “set a new standard”.
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NewsMothercare Australia placed into administration as trading deteriorates
Mothercare Australia has been placed into administration after trading conditions in the country deteriorated and talks to find a buyer for the business failed.
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NewsAsda’s controversial 'sexist' Christmas ad cleared by advertising watchdog
Asda’s Christmas advert has been cleared of allegations of sexism by the Advertising Standards Authority (ASA) after viewers complained it depicted outdated stereotypes of women.
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NewsThe Hut Group lines up deal to take over footwear etailer Cloggs
Online retailer The Hut Group is in “advanced talks” over acquiring branded footwear etailer Cloggs to boost its presence in the online footwear market, it is understood.
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Use pop-up shops to boost high streets, urges Local Government minister
Housing minister Mark Prisk today urged Town Teams to use pop-up shops to boost struggling high streets.