All News articles – Page 1794
-
News
PetSmart considers expanding its services
PetSmart, America’s largest pet store chain, is considering an expansion into in-home services, including dog walking and setting up home aquariums, in an effort to distinguish itself from retailers such as Wal-Mart.PetSmart is in the early stages of developing ways to provide the services, according to the retailer’s new chief ...
-
NewsSelfridges opts for pantomime-themed festive collection
The iconic department store chain is going slapstick this Christmas with a pantomime-themed festive collection, including a £16,000 “dame dress” from designer Alexander McQueen.
-
NewsSports Direct reels as profits dive and China plans shrivel
Sports Direct has hit a major obstacle in its ambitious plans to expand in China, while, a tough year has led to a 91 per cent plunge in profits.
-
NewsKingfisher eyes franchise model to chart new territory
B&Q owner Kingfisher is mulling an unprecedented move into franchising as it seeks to expand into new international markets.
-
NewsEx-Woolworths director takes charge at Crew
Crew Clothing has hired a new management team as founder Alastair Parker-Swift steps aside to focus on the brand strategy and expansion of the business.
-
News
Carrefour sales fall
Carrefour, the world’s second-biggest retailer, said second-quarter sales fell 1.2 percent, hurt by weaker western European markets, lower petrol prices and exchange rates.The drop to €23.4bn (£20.1bn) was slightly less than some analysts’ forecasts. Half-year sales were €46.2bn (£39.8bn). Carrefour group chief executive Lars Olofsson described half-year sales as “resilient”, ...
-
News
Schlecker interested in buying Woolworths Germany stores
Chemist Schlecker is understood to be interested in buying some of the stores of insolvent retailer Woolworths Germany. The health and beauty giant would convert the shops to its Schlecker XL fascia.Other retailers interested in snapping up some of the 160 stores are thought to be discount grocers Lidl and ...
-
News
Indian government confirms commitment to protecting smaller retail businesses
The Indian government has confirmed its commitment to protect smaller retail businesses in a move some suggest signals that the retail sector in the country will not be opened further.India’s minister of state for commerce Jyotiraditya Scindia said: “The government is fully committed to securing the legitimate interests of all ...
-
NewsBorders mulls broadening offer
Borders UK is considering whether to adopt a wider entertainment stance as part of its new strategy following the management buyout of the business last week.
-
NewsQD unveils new blueprint for stores
Value chain QD Stores has remodelled its Aylesbury shop in Buckinghamshire and will roll out the design to all new stores.
-
NewsHMV to take on label role in band tie-up
HMV is producing, distributing and marketing the music of an unsigned band in return for a share of the revenues for the first time in its history.
-
NewsTed Baker to launch new casualwear brand
Ted Baker is to launch a new casualwear brand, Born by Ted Baker, which will have its own identity and website. The brand will launch in separately merchandised store areas in mid-August and will have a lower price point than the rest of its range.
-
NewsTM Lewin weighs options as backer moots an exit
TM Lewin is exploring new financing options but its management hope to retain a majority shareholding.
-
NewsRelief for US retailers as lender avoids collapse
Embattled US retailers faced a potentially crippling hammer blow last week as bank CIT Group teetered on the edge of bankruptcy.
-
News
Woolworths Australia sets its sights on the hardware sector
Woolworths Australia has set its sights on the hardware sector in an attempt to challenge Wesfarmers. The chain, which tried to buy hardware chain Mitre 10 earlier this year, is reported to be plotting its own entry into the market.Former Harvey Norman executive Richard Champion now manages the retailer’s bulky ...
-
NewsUnited Carpets to rise as Allied Carpets falls
The collapse of all but a rump of the Allied Carpets chain is likely to benefit not just market leader Carpetright but AIM-listed United Carpets.
-
News
Golden Gate Capital agrees to buy Eddie Bauer Holdings
Private equity firm Golden Gate Capital has agreed to buy Eddie Bauer Holdings for $286m (£172.9m) in cash after an auction for the bankrupt US outdoor and fashion retailer. US-based Golden Gate said that it has agreed to keep open most of Bauer’s 370 stores in the US and Canada.Bauer, ...
-
NewsSainsbury’s taps Facebook as part of new advertising drive
Sainsbury’s this week launched the latest phase of its “Feed your family for a fiver” campaign and is using social networking site Facebook to drive customer interaction.
-
NewsBritish Retail Consortium devises action plan to save UK’s struggling high streets
The British Retail Consortium has unveiled a 20-point plan to secure the long-term future of retailing high streets as it reveals some town centres are already recording vacancy rates of almost 40 per cent.
-
NewsRetailers stir FTSE 100 onto impressive gains
Retailers helped the FTSE 100 make its best run of gains in four years on Tuesday, the seventh consecutive day that the index rose.