All News articles – Page 1338
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News
Pantaloon Retail to leave joint venture with Staples
Future Group-owned Pantaloon Retail in India plans to leave its joint venture with office retailer Staples by June.The change is part of the group’s strategy to raise funds and focus on core retail operations. The joint venture agreement with Staples, signed in 2007, gives the US-based retailer an option to ...
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Metro targets independent retailers
Metro’s Cash and Carry chain is targeting independent retailers with a new format in Romania.The retailer has launched a new franchise programme for a convenience store format under the brand La doi pasi, which translates as ‘two steps’.So far, 200 stores have joined the franchise programme, with 80 already operational ...
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NewsOcado expects iPad launch to lift sales
Ocado expects a rise in sales through mobile devices following the launch of the new iPad.
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Harvey Norman reviews online trade expectations
Electronics retailer Harvey Norman is lowering expectations of its online trade just months after launching its first mainstream consumer ecommerce website.The plan had been to generate 5% of sales online but chief executive Gerry Harvey said the company’s recent internet trading figures had not been impressive.The retailer now believes it ...
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NewsCountrywide plans refocus as profits dip
Rural specialist Countrywide is scaling back on non-core products, including fashion, as it makes redundancies across its business.
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Mercadona considers international expansion
Spanish grocer Mercadona could be about to start international expansion, beginning with Italy. The retailer is said to be negotiating the acquisition of a small chain in northern Italy of 30 to 40 stores.If successful, the deal will be announced this month. Mercadona started looking at a number of potential ...
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NewsGame to exit Comet shops to reduce space
Embattled entertainment retailer Game is to end its partnership with electricals retailer Comet as part of its ongoing strategy to reduce space.
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NewsJohn Lewis Partnership gears up for ‘profound change’ in retail market
John Lewis Partnership has unveiled a new round of investment in its businesses to ensure it remains at the forefront of “profound change in the retail market” driven by technological advances.
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NewsAsos launches click-and-collect service
Fashion giant Asos has become the latest etailer to launch a click-and-collect service as it vies to compete with multi-channel retailers in the battle for convenience.
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Mango Oxford Street store hoarding injures shoppers
Four people have been taken to hospital after a hoarding on the Mango store in Oxford Street collapsed.
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NewsShop price inflation hits its lowest rate for nearly two years
Shop price inflation is at its lowest for nearly two years, falling to 1.2% in February from 1.4% in January, said the British Retail Consortium (BRC).
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NewsAsda staff save £515m with its saving scheme
Asda staff have saved £515m over the past 30 years in the grocer’s “save as you earn” scheme.
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NewsGame supplier Capcom cuts supply
Capcom has become the latest video game giant to refuse to supply Game.
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NewsClintons puts Birthdays chain up for sale
UPDATE: Greetings card specialist Clinton Cards has put its struggling Birthdays chain up for sale.
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Schlecker to cut domestic store network
Struggling drugstore business Schlecker intends to cut its domestic store network from 5,410 to 3,000 shops, according to insolvency administrator Arndt Geiwitz.The retailer said it would discuss plans with its employees and their representatives before announcing which stores would be closed. It also intends to slash its logistics network from ...
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Metro Group to expand in China
Metro Group’s cash and carry operation in China plans to open at least 10 stores during 2012.Metro China is also piloting a trader support solutions programme to provide customised service tools to local independent small and medium-sized traders.Based on the pilot launched in Shanghai in 2011, Metro is testing the ...
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Neiman Marcus tests new iPhone app
Luxury department store operator Neiman Marcus is testing a new iPhone app to help enhance the relationship between staff and shoppers.Users can find out which sales associates are on duty at a store. Likewise, when a customer checks in to a particular store, sales associates are notified and can access ...
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Grocery retailer Ahold to expand
Grocery retailer Ahold is to expand its AH To Go convenience store banner.According to chief executive Dick Boer, growth of its core banner – Albert Heijn supermarkets – is limited due to its established large market share. Therefore, the retailer plans to open more convenience stores at train and petrol ...
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NewsYeomans sold to former Sports Division boss Kinnaird
Outdoor retailer Yeomans has been sold to John Kinnaird, former boss of Sports Division.
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NewsHobbs and Phase Eight vying to buy Fenn Wright Manson
Fashion retailers including Hobbs and Phase Eight are understood to be amongst the throng interested in buying Fenn Wright Manson out of administration.