All Retail Week articles in April 13 2012 – Page 2
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NewsCo-op trials contactless payment
Co-operative Food is trialling contactless payment ahead of an anticipated uplift in its use during the Olympics.
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NewsPark Group full year sales surge 21%
Voucher specialist Park Group sales surged 21% in its full year to March 31.
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Japanese convenience store Lawson to expand in China
Convenience store operator Lawson has unveiled plans to step up its expansion in China. At present the retailer has 335 shops in the country and the intention is to have 10,000 by 2020. Lawson may consider an acquisition to rapidly increase its store network.Like other Japanese convenience store players, Lawson ...
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Auchan unveils new pricing strategy
Grocer Auchan has unveiled its new pricing strategy. The retailer is expanding its fruit and vegetables available for less than €1 from the current eight to 14 varieties. The €1 price point will also be applied on a broader range of products including meat, frozen food and organic products. The ...
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Dunnes launches in-store bakery trials
Dunnes is to launch in-store bakery trials in six stores this month in response to initiatives by German discounter Schwarz Group Lidl. Should the trial prove successful Dunnes is expected to introduce bakeries to more shops.
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Rewe acquires stores from Enka
German retailer Rewe has won approval from the Russian competition authorities to acquire 12 Citistores from Turkish group Enka. The shops, in the greater metropolitan area of Moscow, will be converted to the Billa supermarket format in the coming months. Rewe also plans to open around 10 new Billa stores ...
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Aeon launches new tablet device
Aeon has launched a tablet device, jointly developed with domestic telecoms company NTT and electronics manufacturer Sharp. The device is designed to help families organise their daily activities, manage schedules and communicate as well as facilitate online shopping via Aeon’s net support service app. Aeon plans to equip the tablet ...
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Michaels Stores seeks expansion
Arts and crafts retailer Michaels Stores aims to raise $500m (£320m) in an initial public offering.Using cash raised, the retailer sees the potential for 1,500 stores in North America, including new formats for smaller and urban markets. Michaels also said that it will specifically target Hispanic customers with classes in ...
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Best Buy chief executive resigns
The chief executive of US electricals giant Best Buy has resigned after the retailer’s recent poor performance. Best Buy said it was a mutual decision for Brian Dunn to step down and it was “time for new leadership to address the challenges that face the company”. The retailer has struggled ...
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Joe Fresh unveils flagship New York store
Joe Fresh, the clothing retailer owned by Canada-based grocer Loblaw, has launched its flagship clothing store on Fifth Avenue in New York. The opening comes after the retailer decided last year to roll out beyond its home market, unveiling five shops in New York and New Jersey. The flagship is ...
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Sears launches first purchasing app
Department store operator Sears Canada has launched its first app for both iPhone and Android devices. The app offers browsing and purchasing capabilities and is available in English or French. Exclusive promotions and daily deals are also on offer to shoppers using the application as well as a store locator ...
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NewsRough Trade to expand overseas with New York store
Famous record store Rough Trade is to open its first overseas store in New York in the autumn.
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NewsClinton Cards expected to appoint KPMG to advise on restructure
Clinton Cards is set to bolster its stable of advisors with the appointment of KPMG after being forced to shelve the sell-off of its Birthdays chain.
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NewsGieves & Hawkes snapped up by licensee Trinity in £60m deal
Saville Row tailor Gieves & Hawkes is to be acquired by its Chinese licensee Hong Kong menswear firm Trinity in a deal which could be worth up to £60m.
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NewsTesco puts £110m advertising account under review
Tesco is reviewing its communications strategy as it looks to improve its brand perception in the UK.
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NewsPotential Tesco Fresh & Easy exit branded 'corporate vandalism'
Tesco exiting the US would represent “corporate vandalism”, the City has said.
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NewsTop retailers commit to London clean-up ahead of Olympics
Gap, Topshop, House of Fraser and John Lewis are among the first retailers to commit to sprucing up the West End in time for the Olympics.
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NewsHalfords to invest £6m driving growth
Halfords is to “focus on growth” and drive its credentials as a service-and-solution provider by investing in staff training and marketing.
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NewsMonsoon Accessorize in US push
Fashion group Monsoon Accessorize is expanding its US business after selling the license for its stores to a franchise partner.
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AnalysisProfile: Martyn Gibbs, Game chief executive
Parachuted back into Game under new owner OpCapita, the keen gamer will lead a quest for its turnaround.