All News articles – Page 1234
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News
Coles Group reports net sales increase
Coles Group has reported that net sales at its Coles division – food and liquor plus convenience outlets – rose 4.2% to Aus$8.44bn (£5.44bn) in the quarter ending September 30.Food and liquor sales were Aus$6.6bn (£ 4.25bn), up 4.9% on the previous corresponding period. Comparable food and liquor store sales ...
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NewsVideo: Full Monty director creates The Co-op's Christmas campaign
The Co-operative Food has ditched its ‘Good with Food’ strapline for its Christmas advertising campaign created by the director of The Full Monty.
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News
Carrefour reportedly in talks with Japanese retailer Aeon
French grocer Carrefour is reportedly in talks with Japanese retailer Aeon about selling its Malaysian operation.Carrefour operates 26 hypermarkets in the country. The retailer is refocusing its operations on key markets and recently withdrew from Greece, Singapore and Colombia.In September, Aeon denied being in talks about acquiring Carrefour’s Malaysian business.
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News
Walmart plans to open 100 more stores in China
Walmart plans to open 100 more stores in China, creating 18,000 jobs, in the next three years.The retailer said the new stores will primarily be Walmart Supercenters and Sam’s Clubs. Walmart also intends to focus on improving the performance of stores and supply chain efficiency.
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NewsAdministration looms for Comet
Electricals retailer Comet is likely to file an intention to appoint an administrator as early as tomorrow (Thursday), putting 7,000 jobs at risk, Retail Week can reveal.
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NewsTop toys for Christmas revealed
Past favourites and new futuristic toys make up the Toys Retailers Association (TRA) top 13 dream list for Christmas which was revealed today.
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NewsMorrisons to personalise new wine site
Morrisons is to personalise its new wine website by analysing customers’ palates and offering linked recipes.
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NewsMamas & Papas features gay couple in 'modern family' advert
Mamas & Papas will feature same-sex couples and single parent families in its new advertising campaign.
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News
Inditex plans 50 to 60 Russian store openings
Spanish clothing retailer Inditex aims to open 50 to 60 stores a year in Russia.The shops will open in major cities, with the first scheduled for 2013 in Vladivostok, in the Russian Far East.Inditex operates 274 stores in Russia at present – 58 under the Zara banner and the remainder ...
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Auchan unveils plans to open two hypermarkets a year in Ukraine
Each store will require an investment of about E20m (£16.1m).The French retailer said as many as 10 stores could eventually be opened in the capital Kiev, and two are planned for 2014. It is also targeting cities such as Donetsk, Kharkiv and Odessa.No openings will take place next year because ...
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News
Amazon records third quarter net loss
Amazon recorded a net loss of $274m (£170.1m) for its third quarter ending September 30, against a net profit of $63m (£39.1m) a year earlier. Sales rose 27% to $13.81bn (£8.57bn).It was Amazon’s first quarterly loss since 2003 and included a charge of $169m (£104.9m) related to writedowns at daily ...
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News
Grocer Kroger to test shopper reward app
Grocer Kroger will test an app from software company Earn & Play that rewards shoppers with cash and discounts for playing games during grocery store visits. Customers will be able to open the app when they go shopping and select a particular aisle or product. The app will then ask ...
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NewsNext sales edge up 2.7% in third quarter
Sales at Next rose 2.7% in its third quarter to October 27.
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NewsConsumer confidence dips in October
Consumer confidence fell in October despite the economy moving out of recession.
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NewsMarks & Spencer to push button on European online roll-out
Marks & Spencer is launching local transactional websites in four new European territories next month.
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NewsTablets to replace desktop for online purchases, says eBay mobile boss
Tablets are beginning to replace desktop computers as shoppers’ preferred device for online purchases, eBay’s mobile boss has said.
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NewsHomebase focuses on store refits as it plans to close 40 stores
DIY retailer Homebase has shelved its expansion strategy to focus on store refits after outlining plans to shed 12% of its store base in the next five years as its multichannel sales grow.
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News
Business rates dubbed the 'retail poll tax'
The chair of the All Party Parliamentary Retail Group has dubbed business rates the “retail equivalent of the poll tax”.
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NewsOcado to offer compensation after cancelling orders
Ocado has apologised to customers and promised compensation after it was forced it to cancel thousands of deliveries due to a systems outage.
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News02 to franchise a quarter of company-owned stores
Mobile communications specialist 02 intends to franchise a quarter of its company owned stores over the next nine months.