All Retail Week articles in April 20 2012
Browse all news stories and articles from this date or time period.
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AnalysisAnalysis: Marks & Spencer's buying slip-up
There is one thing worse for retailers than having insufficient stock, and that is having too much, Marks & Spencer chief executive Marc Bolland said today.
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AnalysisThe Kingfisher family tree
The retail empire that emerged in the early 1980s has produced some of retail’s best-known names. Who are they and why was it such a hotbed of talent?
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NewsTesco invests £1bn in UK turnaround as like-for-likes dip
Tesco is to invest £1bn to turnaround its UK business this year as it squares up for an intense battle to win back grocery market share.
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NewsWest End spend set to hit £10bn by 2020
The West End is forecasted to attract more than £10bn of spending each year by 2020 but only if overcrowding and congestion are tackled, according to a report by New West End Company.
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AnalysisWord Cloud: Philip Clarke on Tesco's results
A word cloud of Tesco CEO Philip Clarke and store manager Mark Pooley on Tesco’s results.
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AnalysisAnalysis: What does Clarke's plan mean for Tesco?
Perhaps the most interesting place to be this morning is in the offices of Sainsbury’s chief executive Justin King and Andy Clarke and Dalton Philips, his counterparts at Asda and Morrisons.
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GalleryIn pictures: Tesco's trial store in Hertford
The Hertfordshire county town plays host to the latest store thinking from Tesco, pointing the way for future refurbishments and store interiors.
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NewsAquascutum attracts interest from suitors after its collapse
YGM Trading, owners of Aquascutum’s brand in Asia, is in talks to buy the global brand after the British luxury fashion retailer collapsed into administration yesterday, it is understood.
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OpinionWhy Tesco Hertford is the grocer's future
The trial store in Hertford may not address all of Tesco’s UK woes but it so goes a long way towards addressing many of the retailer’s perceived shortcomings.
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NewsBT Retail Week Technology Awards shortlist announced
Many big name retailers and their suppliers in the running for an award that recognises excellence in innovation.
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NewsTopman’s David Shepherd appointed chief operating officer of Arcadia
Topman managing director David Shepherd has been promoted to the newly created role of chief operating officer for trading at Arcadia in a bid to grow the group’s e-commerce and international businesses.
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News
Seven & I Holdings posts 20% profit for year
Convenience store operator Seven & I Holdings has posted a 20% rise in operating profit to ¥292.1bn (£2.41bn) for the full year ended February 29, 2012. Net profit increased 16% to ¥129.8bn (£1.07bn), however net sales fell 11.4% to ¥4.01 trillion (£33.03bn) mainly due to a change in accounting methods ...
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News
Bharti Walmart to establish online operations in India
Bharti Walmart is likely to set up an online operation in the country with the grocer reportedly looking to partner with domestic ecommerce companies. Online retailing is gaining ground in India with several companies such as Amazon’s Jungle.com coming to the market, an indirect entry owing to the current restrictions ...
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News
Intermarché given go-ahead for Altis takeover
Grocer Intermarché has received approval from competition authorities to take over 20 Altis stores operating under the Carrefour banner. Last year, Intermarché reached an agreement with Spanish grocer Eroski to acquire the Altis joint venture in southern France.Eroski had already purchased Carrefour’s 50% stake in Altis, which operated six Carrefour ...
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Target's Canadian plans under government review
General merchandise retailer Target’s plan to enter Canada is being reviewed by the government to decide if books and other cultural ranges have enough Canadian content.Target spokeswoman Lisa Gibson said that this analysis will concentrate on books, DVDs, music and magazines as the government is committed to making sure investments ...
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Carrefor launches new loyalty programme
Carrefour has launched a new point-based loyalty programme in the United Arab Emirates called MyClub, an innovation within the hypermarket sector in the region.Members earn one point for every AED10 (£1.75) spent in the retailer’s stores, with extra points available on special offers. When 500 points are accumulated, a AED50 ...
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Uniqlo stores to sweep China
Clothing giant Fast Retailing has revealed that its Uniqlo International division plans to accelerate the pace of new store openings in Greater China from 32 stores in 2011 to 80 in 2012. The first Uniqlo shop is scheduled to launch in the Philippines in June this year and the retailer ...
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Cora plans click-and-collect service
Grocery retailer Louis Delhaize plans to launch a click-and-collect service for its Romanian hypermarket chain Cora. The new service will be called Cora Drive. The retailer already offers Cora Digital, a service that allows customers to pick up consumer electronics delivered from Cora hypermarkets to smaller stores in customers’ local ...
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Walmart to focus on expanding existing operations
Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...
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News
Galeries Lafayette to revamp flagship store
Department store business Galeries Lafayette plans a E85m (£71.8m) investment at its flagship store on Boulevard Haussmann in Paris.The retailer intends to expand the space dedicated to luxury goods, leather products, jewellery and footwear. As part of the renovation, Louis Vuitton, Cartier and Chanel outlets will be located on two ...