All News articles – Page 1323
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NewsBoots to expand into China
Boots will push into China “in the coming years” as the retailer’s parent continues to expand globally.
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NewsHalfords posts flat sales as it plans £6m investment
Halfords will invest £6m in the new financial year to drive its marketing strategy and enhance its multichannel services, it has revealed in its pre-close statement.
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NewsIkea gets green light for new Reading store
Ikea has gained planning permission to open its 19th UK store in Reading, the first to be built in the UK for three years.
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NewsJJB thrown lifeline as Dick's takes stake in retailer
JJB Sports has received a £30m injection from investors including Dick’s Sporting Goods as it posts a full year pre-tax loss of £101.1m
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NewsWarm weather drives John Lewis sales increase
Bellwether John Lewis sales rose 2.4% to £62.31m last week as its price matching stance and warmer weather helped drive sales.
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Pharmacy operator Nepstar reports sales growth
Pharmacy operator Nepstar’s sales grew 5.7% to Yn2.5bn (£248m) in the 2011 financial year. Like-for-like sales rose 8.7%year on year and net income soared 118% to Yn35.9m (£3.56m). The retailer said the sales rise was due to optimisation of the merchandise mix, diversification into non-pharmaceutical categories in the first half ...
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NewsWho you gonna call? Tesco Fresh & Easy!
Retail Week’s Bizarre Press Release of the Week award goes to Tesco.
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Auchan plans private-label increase
French retailer Auchan plans to increase sales of private-label in its Russian stores by 80% within two years. It also hopes to up its Russian stores from 1,700 to 3,000, said Auchan Russia board member Ludovic Holinier. In 2011, the retailer opened 12 stores in the country. The retailer recently ...
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Apple plans greater China investment
Apple plans to invest more in China, the retailer revealed following a visit by chief executive Tim Cook. China is Apple’s second-largest market after the US.However, it has just six stores open in the country, significantly fewer than the 25 projected for 2012 by former head of retail Ron Johnson ...
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Ikea signs franchise agreement in Indonesia
Home furnishings retailer Ikea has signed a franchise agreement with the Indonesian publicly listed retail conglomerate PT Hero Supermarket. “Ikea gives rights and responsibilities to [Hero] to open and operate Ikea stores in Indonesia,” a statement to the Jakarta Stock Exchange revealed, without providing details on the investment value and ...
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NewsDFS founder Lord Kirkham set to batter fish and chip market
DFS founder Lord Kirkham has swapped furniture for fillets in an audacious play for the catering market as the entrepreneur plots a plan for a national chain of fish and chip restaurants.
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NewsRiot-hit Lidl reopens
Lidl has reopened a store that was ransacked and then burned during last year’s riots.
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NewsFeelunique owners put stake up for sale
Health and beauty etailer Feelunique.com is in talks about selling a stake with up to three potential buyers.
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NewsOlympic sales effect expected to hit in July
Retail sales growth is expected to be lower than originally expected this month but will still be up year on year, the Opera Solutions Retail Predictor for Retail Week indicates.
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NewsRobert Dyas sale process gains momentum
Up-for-sale hardware and homewares chain Robert Dyas is expected to enter exclusivity with a buyer next month.
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NewsConsumers reluctant to play part in improving high streets
ICM poll suggests consumers have little interest in helping to turn around high streets.
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NewsAmerican Golf: Driving its way forward
Securing a new boss and driving growth is top of the agenda for the golfing specialist.
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NewsFormer JJB boss Chris Ronnie charged with fraud
Former JJB Sports chief executive Chris Ronnie has been charged by the Serious Fraud Office.
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NewsAsics to open Oxford Street flagship ahead of Olympics
Sneaker brand Asics is to open a flagship store on Oxford Street in time for the Olympics.
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NewsBoris Johnson to mediate in Hammerson-Westfield row
London mayor Boris Johnson is to mediate between developers Westfield and Hammerson in a row over Croydon’s Whitgift Centre.