All Retail Week articles in September 2 2011
Browse all news stories and articles from this date or time period.
-
News
Home Depot to roll out click and collect
Home Depot is to roll out its Buy Online, Pickup In-Store service across its US stores during the third quarter of 2011. The service currently runs in around 100 Home Depot stores. The move is in line with the retailers’s stated focus on “interconnected retail”, based on the view that ...
-
News
Ahold operating income drops
Ahold saw operating income drop 4.9% to E719m (£634.5m) in the first half of 2011. Net sales reached E16.1bn (£14.2bn), up 1.7% in comparison with the same period in 2010. In the second quarter, net sales dropped 3.5% to E6.9bn (£6.1bn). Ahold’s US operations saw net sales increase by 6.5% ...
-
News
Mercator reports first-half revenue of €1.4bn
Mercator has reported first-half revenue of €1.4bn (£1.24bn), up 6.1% year-on-year. Net profit grew by 4.9% to €18.5m (£16.3m). The company’s measures for the period included lowering the prices of more than 2,000 products, which required an investment of almost €12m (£10.6m). The sales area of the company’s operations grew ...
-
News
Gap to open in Vietnam and Guam
Gap has announced plans to open its first stores in Vietnam and Guam through its franchise channel. In Vietnam, the first two Gap stores will open in Ho Chi Minh City this October followed by Hanoi in 2012.Banana Republic will make its debut in late 2012. The first Gap store ...
-
News
Williams-Sonoma revenue up 5.1%
Home furnishings retailer Williams-Sonoma has reported net revenues up 5.1% to $815m (£498m) for the second quarter ended July 31. Net earnings were up 4.8% to $39m (£24m). The consolidated revenues were driven by a strong comparable brand growth rate, a measure that includes both like-for-like net revenues and total ...
-
News
Woolworths predicts tough future
Woolworths has released its full-year financial results and sees tough times ahead despite gains during the year. In the year up to June 26, net sales increased 4.7% including petrol (4.1% excluding petrol) to Aus$54.14bn (£34.62bn). Net profit rose 5.1% to Aus$2.12bn (£1.36bn) up from the previous year’s Aus$2.02bn (£1.29bn).However, ...
-
AnalysisValue fashion online
Primark has quashed reports it is launching a transactional website. We examine the pros and cons of making such as move
-
OpinionThe dark before the dawn
Retail Week gave its edition of August 12 the strapline ‘Retail’s Darkest Week’. This may turn out to be not too much of an exaggeration, but because of more than riots.
-
News
Nakumatt outlines expansion plans
Kenyan market leader Nakumatt has announced plans to expand into wider Sub-Saharan countries within the next five years. Managing director Atul Shah said: “We have now embarked on a feasibility study to facilitate our entry to such countries as Burundi, Zambia, South Sudan, Democratic Republic of Congo, Nigeria, Botswana and ...
-
NewsTesco to sell Japanese stores but stand by Fresh & Easy
Philip Clarke still backing plans to turn American chain around, but Japanese business is up for sale.
-
NewsWhite Stuff pushes ‘community’ retail
Lifestyle fashion retailer White Stuff is launching initiatives such as Swap Shops and Book Clubs as it aims to maintain footfall and make its stores community hubs.
-
NewsHomebase brings its best offer to the table
Homebase has launched a premium homewares brand as part of an overhaul of the DIY retailer’s homewares offering that includes a spring launch of the Habitat brand.
-
NewsH&M brand Monki launches in UK
H&M-owned quirky girls brand Monki launches in the UK today with a concession in department store Selfridges’ Oxford Street store.
-
NewsCountrywide launches own-brand value offer
Rural specialist Countrywide is to launch a value range to enhance its appeal to shoppers and protect margin during tough trading conditions.
-
NewsSainsbury’s reignites its graduate scheme to seek out 2020 leaders
Sainsbury’s has relaunched its graduate programme, taking on fewer graduates but with the aim of promoting them more quickly to senior roles.
-
NewsUniqlo launches Twitter competition
Japanese fashion chain Uniqlo has launched a Twitter competition giving eagle-eyed Londoners the chance to win sweaters if they can spot the sheep it has hidden.
-
NewsBurberry switches marketing spend into digital media
Luxury fashion group Burberry now allocates 60% of its marketing budget to digital media – more than three times the average.
-
NewsWalmsley Furnishing bought by SKG Capital
UPDATED: Parts of furniture chain Walmsley Furnishing, which collapsed into administration yesterday, have been acquired by turnaround specialist SKG Capital.
-
GalleryIn pictures: Selfridges windows go product-free
Selfridges Oxford Street has launched The Museum of Everything show with art across its whole frontage.
-
GalleryIn pictures: Westfield Stratford - 2 weeks to go
A look at the the new Westfield Stratford shopping centre in East London before it opens on 13 September.