All Retail Week articles in August 12 2011 – Page 2
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News
Delhaize Group reports second-quarter sales increase
Delhaize Group has reported second-quarter sales reached E5.1bn (£4.4bn), corresponding to an increase of 4.2% at actual exchange rates compared with the same period in 2010. Net profit rose 1.9% to E117m (£101.7m) while operating profit decreased by 7.8% to E209m (£181.6m).Delhaize Group plans a net addition of 115 to ...
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News
X5 Retail Group introduces new convenience store format.
X5 Retail Group has introduced a new concept of its Perekrestok Express convenience store format.The new stores have a smaller sales area, ranging from between 755 sq ft and 2,155 sq ft, and the product range includes ready meals, convenience food and fresh bakery products. X5 plans to introduce a ...
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News
AS Watson reports total revenue rise
AS Watson reported total revenue rose 17% to HK$67.23bn (£5.28bn) in the first half to June 30. The health and beauty, and grocery retailer reported EBIT increased 25% to HK$3.55bn ($456m), which the company attributed to the management’s strong commitment to improving operating efficiencies, reducing inventory levels, increasing centralised purchasing ...
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NewsRetail Trust launches campaign to help riot-affected shopkeepers
The Retail Trust has launched a campaign to raise funds for staff and shopkeepers affected by the riots ravaging the UK.
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News
Department store operator Falabella reports net profit increase
The country’s largest department store operator Falabella reported its second-quarter net profit up 13.7% to CLP108.7bn (£141.6m) on the back of robust domestic demand throughout South America.Falabella’s regional expansion plans paid off as stores in Chile, Colombia and Peru also boosted the retailer’s bottom line.Sales soared 13.3% year-on-year to CLP1.25trn ...
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AnalysisDIY is the next frontier for Australia’s grocery giants
Australia is a market that fared well during the economic recession thanks to its proximity and strong ties to Asia’s emerging markets.
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NewsSainsburys names Mark Horgan as marketing director
Supermarket group Sainsbury’s has named MasterCard executive Mark Horgan as marketing director.
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NewsRiots calculated to have cost retailers £80m in lost sales
The mayhem caused by rioters has so far cost retailers £80m in lost sales, equating to £2.5m per working hour, as stores shut early and shoppers avoided trouble-spots.
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GalleryIn pictures: Manchester riot damage
Retailers in Manchester were faced with cleaning and repairing damage to stores this morning after rioters took to the streets last night.
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GalleryIn pictures: Bringing out the best
In the most trying of circumstances this week retailers bonded with the affected communities like never before.
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OpinionTime to stop the supermarket space race
As the realities of both the severity and the length of the uncomfortable squeeze on real incomes and retail sales become more evident, Mary Portas and David Cameron look increasingly like the leading players in a Murdoch-directed horror movie: we can only hope that it doesn’t become a disaster movie.
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NewsPeter Williams parachuted into Blacks as interim chairman
Former Selfridges chief executive Peter Williams has been appointed interim chairman of outdoor goods specialist Blacks Leisure until a permanent replacement is found.
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NewsConsumers more cash-strapped than ever
British consumers have never felt so strapped for cash as rising utility bills leave little money left over for basic needs.
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NewsRobert Dyas boss to ‘get back to basics’
Robert Dyas’s new boss is to focus on supply chain, cost control and leveraging customer loyalty as the owner of the hardware and homewares chain looks for an exit.
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NewsConsumer law changes could damage retailers, warns BRC
Plans for a shake-up of consumer law risk adding complexity to the system for retailers and creating a less business-friendly environment, retailers have been warned.
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NewsBRC urges business rate suspension for riot-hit retailers
Industry body the BRC has written to Prime Minister David Cameron asking for a temporary suspension of business rates for riot-hit retailers and other measures to support traders disrupted by this week’s disorder.
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NewsRiot-hit retailers granted business rate relief
Prime Minister David Cameron has revealed a series of concrete measures to help riot-hit retailers, including business rates holidays.
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NewsGrainger Games hires former HMV commercial director
Grainger Games has hired former HMV commercial director Simon Peck to bolster its management team as it seeks to expand.
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NewsHalfords promotes Bill Duffy to head Autocentres
Halfords has promoted Bill Duffy to become chief executive of its Autocentres business.