All News articles – Page 1734
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NewsKidrobot makes its UK debut
US toys, apparel and accessories retailer Kidrobot has opened its first standalone European store at Seven Dials in Covent Garden.
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NewsMorrisons mulls successor options for chief executive role
Morrisons is looking internally and externally for a new chief executive following the shock announcement of the departure of Marc Bolland.
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NewsDebenhams buys Danish chain to extend presence
Department store operator Debenhams last week bought Danish department store group Magasin du Nord for £12.3m, providing a bridgehead into Europe.
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Burberry confident for Christmas as sales lift
Luxury retailer and brand Burberry is confident ahead of the crucial Christmas period.
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NewsJulian Graves to overhaul brand and products
Holland & Barrett is to overhaul health food shop Julian Graves’ brand and product range from January as it gears up to make the chain a “specialist food retailer”.
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NewsKookaï launches new-look store in London as it repositions brand
Kookaï is opening a new-look store as part of its repositioning to expand in the UK.
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NewsMoss Bros uses James Bond-inspired promotion
As the Christmas party season nears, menswear specialist Moss Bros promoted its dresswear hire and delivery service with a James Bond-inspired abseiling stunt at its Covent Garden flagship.
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NewsMarc Bolland’s expertise ideal to lift Marks & Spencer food but how will he work with fashion gurus?
Marc Bolland’s experience with Morrisons is likely to make a difference at Marks & Spencer’s food division, but he is little-known in the world of fashion retail.
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NewsSir Stuart Rose: ‘I don’t believe in retirement’
Video: Sir Stuart Rose will never take a retail chief executive’s role again, he said on Wednesday.
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RT Mart to launch flagship store in Beijing
Auchan subsidiary grocer RT Mart is to launch a flagship store in Beijing – its first in the city.The grocer, which is based in Taiwan, is fitting out the store at present and will be located in the city’s Chinatown Shopping Plaza.Auchan also recently announced plans to step up expansion ...
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NewsElectricals battle heats up as Comet trials city centre stores in the North
Electricals giant Comet has taken the battle to deadly rival DSGi by opening two trial city centre stores.
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NewsCity continues to back WHSmith
WHSmith’s trading update last week reinforced analysts’ bullish stance on the retailer.
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NewsAsos confident rising sales can continue
Online fashion retailer Asos is confident that added investment in marketing and increased delivery options will help the continued growth of its UK business.
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Costco highlights Asia as key growth region
Warehouse club operator Costco has highlighted Asia as a key growth region.In Japan, Taiwan and South Korea, Costco said it has the capacity to trade from 100 stores.In Australia, where it opened its first store in August, the warehouse club operator believe it can reach 20 stores. As a result, ...
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NewsAsda George boss vows to hold prices when VAT rise takes effect
George at Asda managing director Anthony Thompson has vowed not to push up prices with the VAT change on January 1, as the value retailer embarks on the roll-out of a productivity scheme in Bangladesh.
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Woolworths and Lowe’s win final approval to jointly set up hardware stores in Australia
Woolworths and Lowe’s, the US’s second largest home improvement chain, have won final approval to jointly set up big hardware stores in Australia, acquiring domestic hardware wholesaler Danks Holdings to act as their supplier.The Australian Competition and Consumer Commission said it allowed the takeover to go ahead after Woolworths and ...
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NewsMarks & Spencer brand top of agenda for Marc Bolland
Marc Bolland, newly appointed chief executive of Marks & Spencer, is expected to focus on breathing new life into the Marks & Spencer brand.
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Ahold on hunt for targeted acquisitions again
Ahold is on the hunt for targeted acquisitions again.The retailer’s E2.6bn (£2.3bn) cash pile and very low debt levels – net debt stands at about E1.16bn (£1.03bn) – mean it can now pursue growth in new and existing markets.The retailer this month hired operational managers for its European and ...
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FamilyMart to acquire Am/pm Japan
Convenience retailer FamilyMart is to acquire Am/pm Japan for ¥12bn (£80.1m) from parent company Rex Holdings.FamilyMart, Japan’s third largest convenience chain, plans to absorb Am/pm next year and will rebrand the stores over the next two years.The chain will be acquired in partnership with its main shareholder Itochu. The merged ...
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Sales at Shoppers Drug Mart increase 7.9%
Sales at pharmacy chain Shoppers Drug Mart increased 7.9% to C$3bn (£1.7bn) in the third quarter, with the retailer continuing to experience strong sales growth in all regions of Canada.Excluding tobacco products, same-store sales climbed 4.8%. Prescription sales rose 9.7% to C$1.5bn (£856.4m) during the quarter, accounting for 49.1% of ...