All News articles – Page 1779
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NewsJessops hires chief executive as restructuring nears end
Jessops has appointed Select Property managing director Trevor Moore as chief executive while questions continue over the retailer’s future as a quoted company.
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NewsProductivity tool to be rolled out to more DSGi chains
DSGi is to introduce the productivity management tool already used by its PC World stores to the Currys and Dixons Travel chains.
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Carrefour to invest in greener stores in China
Carrefour is to invest a further Yn50m to Yn60m (£4m to £5m) in greener stores after saving Yn100m (£9m) last year, compared with 2005 – when it first started the energy-saving investments in stores.Carrefour China said: “All of the 139 Carrefour stores in China are in the process of implementing ...
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NewsB&Q tests email discount voucher to clear stock
B&Q has embarked on its first viral marketing campaign in an attempt to drive sales and clear stock.
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Gap drop in profits better than feared
Clothing giant Gap experienced a better than feared 0.4% drop in second-quarter profits. Sales were down across all of the retailer’s divisions, contributing to a 7.3% decline in group net sales to $3.24bn (£2bn). Group like-for-like sales dropped 8%.The higher-end Banana Republic brand’s like-for-like sales fell 15%, while Gap and ...
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Best Denki set for expansion in India and Middle East
Consumer electronics retailer Best Denki will team up with Indonesian construction company Bangun Persada Tata Makmur to open stores in India and the Middle East over the next three to five yearsThe retailer already has 45 overseas stores in eight countries outside Japan, including Singapore and Malaysia, and runs a ...
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NewsLK Bennett to roll out new look
Upmarket women’s fashion retailer LK Bennett is to roll out its new-look store design that it unveiled at its 2,670 sq ft shop in Bluewater last month.
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NewsConsole price cut to benefit Game
Game’s shares were expected to rise after Sony revealed a much-anticipated PlayStation 3 price cut on Tuesday.
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NewsVAT loophole’s potential closure could benefit stores
HMV’s store network could benefit from the possible closure of a Channel Islands tax loophole affecting etailers.
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Escada files for bankruptcy
Fashion house Escada has filed for bankruptcy after it failed to line up financing and an insufficient number of shareholders of the Munich-based women’s clothing and accessories company supported a debt-restructuring plan.The bankruptcy filing will be examined by a judge who will then appoint an administrator. Escada employs more than ...
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NewsTesco wages war on WHSmith with back to school campaign
Tesco aims to conquer the ‘back to school’ market with a price comparison campaign against WHSmith.
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Costco opens first Australian store in Melbourne
US-based warehouse club Costco has opened the doors of its first Australian store.Located in Melbourne, the 155,000 sq ft store attracted more than 1,000 shoppers within the first hour of trading. The store features about 3,600 SKUs comprising groceries, electronics, clothing, DVDs, books and furnishings.Fresh food is predominantly sourced locally, ...
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NewsOtto seeks new HQ as it modernises UK arm
Home shopping group Freemans Grattan Holdings (FGH) is seeking a new, modern head office as part of its plan to modernise its business.
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NewsBrokers divided as Tesco ups food ante
The retail rally lost momentum last week, although store groups were well up year on year.
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NewsAnalysts bullish on WHSmith’s prospects
Analysts issued a wave of bullish notes on WHSmith’s prospects as the bookseller and stationer approaches its year end next Friday.
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NewsAlexon’s new look for plus-size brand Ann Harvey
Womenswear group Alexon is to relaunch its Ann Harvey brand as it seeks to widen its appeal and target a younger market.
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NewsHome Retail Group sounds alarm on credit insurance risks
Argos and Homebase parent Home Retail Group has written to its suppliers urging them not to do business with retailers that have had their credit insurance removed.
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Lawson and pharmacy chain Matsumotokiyoshi agree to broad joint venture
Convenience retailer Lawson and pharmacy chain Matsumotokiyoshi have agreed to a broad joint venture that will include new stores selling over the counter medicines, in a move aiming to strengthen their competitive edge.The first store is set to open as early as next spring. The stores will combine each company’s ...
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NewsWarehouse adds online features to drive web sales
Warehouse has launched delivery to eight European countries.
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NewsAdams picks fashion veteran to take the helm
Adams has appointed Brian Heilbron as its new chief executive as it positions itself as a fashion-forward kidswear retailer.