All Retail Week articles in June 10 2011
Browse all news stories and articles from this date or time period.
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NewsLife & Style on brink of administration
Life & Style, the fashion and homewares business born out of the administration of womenswear chain Ethel Austin, is on the brink of collapse after just over a year in existence.
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NewsDitch the Directive: Breakthrough as EU ditches controversial plans
The European Parliament has bowed down to pressure from retailers and abandoned plans for force retailers to offer free returns from anywhere in Europe and deliver to all EU countries.
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Borders finds a potential bidder
Bookseller Borders has found a potential bidder in the form of Gores Group. The private equity firm has shown interest in acquiring 200 of Borders’ 405 stores. The deal would keep the bookstore chain operating as a going concern in the wake of it filing for chapter 11 bankruptcy in ...
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NewsNew Look profits hit by "significant internal disruption"
Fashion chain New Look underlying operating profit slumped from £162.7m to £98m in the year to March 26 as the retailer suffered from “significant internal disruption”.
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NewsCo-op members give £3m of profit-share to charity
Members of the Co-operative Group have agreed to donate more than £3m of their annual profit-share to charities and community groups.
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NewsBRC's Luke Mayhew to slam criticism of large retailers
The British Retail Consortium chairman Luke Mayhew will condemn criticism of successful multiple retailers as “ridiculous” in a speech today.
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NewsFood inflation at highest level for two years
Food inflation increased to 4.9% in May, representing the highest rate since June 2009.
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NewsSainsbury's boss King takes £5m hit to pay packet
Sainsbury’s chief executive Justin King took a £5m hit to his pay packet last year as the supermarket failed to hit some performance targets and he cashed in fewer options.
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Walgreen acquires Drugstore.com
Walgreens has completed its acquisition of Drugstore.com following a vote of approval from the company’s shareholders.
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Amazon to enter Brazil
US ecommerce giant Amazon is planning to enter Brazil during the second half of 2011.
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Potential expansion for South African retailer Massmart
South African retailer Massmart is making “good progress” on identifying locations for potential expansion in Nigeria, according to its chief executive Grant Pattison.
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NewsJane Norman boss steps down
Jane Norman managing director Ian Findlay is understood to have stepped down from the beleaguered women’s young fashion chain.
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NewsEverything Everywhere opens 30 own name stores after successful trial
Everything Everywhere, the business formed by the merger of Orange and T-Mobile, will open 30 new UK stores under its own name this year following the successful trial of the concept.
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NewsTesco to expand its click-and-collect service
Tesco is to expand its multi-channel offer as it aims to capitalise on the “new era for retailing”.
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Dollar General reports like-for-like sales
Dollar General has reported like-for-like sales up 5.4%, with sales increasing 10.9% to $3.45bn (£2.1bn) for the first quarter ending April 29.
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Future Group plans new electronics retailing format launch
Future Group is planning to launch a new electronics retailing format, which is a hybrid of e-Zone, its bricks-and-mortar electronics retailing arm, and its ecommerce portal Futurebazaar.com.
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Uniqlo expects sales boost
Clothing chain Uniqlo has said it expects to see a sales boost this year as shoppers buy lighter clothing during the summer as a result of rising temperatures.
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Lidl negotiates to buy land for future stores
German-based Lidl is negotiating to buy land for future stores. Lidl says it is looking to begin operations in major cities.
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Sales increase at Spar International
Spar International saw sales increase by 4.5% in 2010. The group’s worldwide retail sales grew by more than E1.3bn (£1.16bn) creating a turnover of E29.8bn (£2.65bn), a cumulative 10.4% increase over the last two years. The organisation says this rise was due to larger format stores and significant growth in ...
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NewsSofa retailer SCS to open carpet departments in stores
Sofa retailer SCS is rolling out a carpet and flooring department into all of its 95 stores.