All North America articles – Page 24
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OpinionComment: How reliable a source of growth is international retailing?
With demand flat and most retailers having too many stores, genuine growth has become challenging to achieve and sustain.
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AnalysisInternational analysis: Are Alliance Boots and Walgreens a good match?
News that Walgreens has introduced Boots’ No7 men’s skincare products across its estate in the US marks a step closer towards an exchange of marriage vows between the two health and beauty giants.
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AnalysisInternational analysis: Kroger plans to accelerate growth with new strategy
On the back of another quarter of solid trading, US supermarket giant Kroger has added colour to its various investment initiatives.
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AnalysisInternational analysis: Lidl embarks on quest to fulfil American Dream
Lidl is pondering a market entry in the US. The Schwarz Group-owned discounter has tasked its Irish managers Kenneth McGrath and Kevin Proctor to do a feasibility and efficiency analysis for such a venture.
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AnalysisRetail Week's 25th anniversary: How have UK retailers fared abroad?
The rise of global consumerism encouraged UK retailers to expand internationally from east to west. Mark Faithfull looks at how they fared.
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NewsAnalysis: Premium fashion retailer LK Bennett plans overseas expansion
The regular endorsement of one of the world’s most famous women has helped keep British premium womenswear retailer LK Bennett in good shape.
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AnalysisInternational analysis: Target suffers disappointing first quarter
Target can now be added to the list of US general merchandise retailers, which already includes Walmart, JC Penney and Kohl’s, whose first-quarter results disappointed.
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GalleryStore gallery: Topshop’s evolutions in American store design
The design evolution of Topshop’s US stores shows that cookie-cutter openings have no place when establishing a fashion brand internationally.
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News
Target to team up with designer Phillip Lim
Target is teaming up with designer Phillip Lim on an exclusive autumn clothing line.The collection, branded 3.1 Phillip Lim for Target, will be available in the US general merchandiser’s stores from September 15.The 100-piece collection, described as “chic, affordable options for women and men on the go”, includes apparel and ...
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News
Amazon looks to expand Kindle range
Amazon is reported to be developing a wide range of new hardware devices to expand its Kindle line beyond ereaders and tablet computers.Reports suggest two smartphones and an audio-only streaming device are in development, in addition to a set-top box.The high-end smartphone is expected to be manufactured with a screen ...
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AnalysisInternational analysis: Dollar General targets more affluent shoppers
Because of the prolonged weak economic environment in the US, shoppers’ focus has shifted increasingly towards discount retailers.
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OpinionComment: UK retailers can find success trading overseas
For the past four weeks I’ve travelled around the world: Hong Kong, Australia and the Americas, South and North.
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GalleryStore of the week: HEB, Montrose, Houston
The US is frequently characterised as a country with relatively few coast-to-coast operators, but that has a host of large regional players that dominate a particular state or cluster of states.
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News
OfficeMax comes under fire over merger deal with Office Depot
OfficeMax has come under fire from an investor over its merger deal with Office Depot. Shareholder Eric Hollander has sued the retailer’s directors - including the chief executive and chairman - while seeking to block the deal. He called the proposed $1.2bn (£771.4m) all-stock deal “grossly inadequate”.Under the terms of ...
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News
JC Penney uses social media to win back shoppers
JC Penney is using social media to try to win back shoppers. The troubled department store group acknowledged that customer numbers fell because of former chief executive Ron Johnson’s elimination of coupons and Sales in favour of regular low prices.JC Penney posted a video on Facebook with the message: “What ...
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News
Sales at Safeway slip during first quarter
Sales at Safeway slipped to $9.99bn (£6.62bn) during the first quarter ended March 23, from $10bn (£6.31bn) the previous year.Net income increased 63.1% to $118.9m (£78.8m). Identical store sales were up 1.5% during the period, including a 0.4% positive impact because of a calendar shift, meaning New Year holiday sales ...
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News
Supervalu reports year-on-year net sales decline
Supervalu has reported net sales of $3.89bn (£2.58bn) and a net loss of $1.41bn (£934.4m) for its fourth quarter ended February 23.The 2.3% year-on-year decline in net sales primarily reflects a decrease in identical store sales of 4.1% for retail food and 2.6% for the Save-A-Lot discount chain.In March, Supervalu ...
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AnalysisAnalysis: Where Ron Johnson went wrong at JC Penney
Ron Johnson was US retail’s golden boy - until he was ousted from JC Penney last month. Rebecca Thomson looks at what went wrong.
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AnalysisInternational analysis: Amazon set to dominate despite growth slowing
Amazon’s results last week gave some hope for multichannel competitors, particularly internationally, as growth slowed to 22% in its first quarter.
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OpinionComment: Customer focus is the missing ingredient
Once upon a time, a trip to the US gave a foretaste of the future of retailing, in terms of store design and new formats.