All Retail Week articles in August 26 2011
Browse all news stories and articles from this date or time period.
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NewsOcado launches 'shopping wall' at top shopping centre
Online grocer Ocado is to enable shoppers to order goods by scanning from a window display in an experimental venture reminiscent of an innovation tried by Tesco in Korea.
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7-Eleven expands its network of stores
Seven & I-owned convenience chain 7-Eleven is expanding its network of stores by acquiring 51 ExxonMobil Corp stores in Dallas, Texas. Financial terms of the deal are not available, though the transaction is expected to close towards the year end.Under the conditions of the pending deal, the stores will continue ...
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Gross sales rIse at Lotte Shopping
Lotte Shopping’s gross sales rose 20.3% to SKW5.5trn (£3.1bn) in its second quarter for 2011. Operating profit rose by 8.1% to SKW437bn (£243.8m) while net profit soared by 17.1% to SKW301bn (£167.9m).For the first six months, gross sales climbed 23.8% to SKW11.2trn (£6.25bn). In terms of sales, the group’s Lotte ...
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NewsRiots cost retailers 7,500 trading hours as 11,000 staff impacted
More than 11,000 retail staff were impacted by the riots earlier this month and store groups lost more than 7,500 hours of trading.
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Turkish discount retailer A101 attracts seven bidders
Turkish discount retailer A101 has attracted seven bidders in the first round of an auction to sell off the business. TPG and Permira are among the private equity firms that submitted bids. Credit-Suisse is running the sale process for the business, which has been valued between TRL800m (£271.7m) and TRL1bn ...
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Couche-Tard signs agreement to acquire 33 stores
Retailer Couche-Tard has signed an agreement through its Circle K subsidiary to acquire 33 stores in southern Louisiana from ExxonMobil’s On the Run banner. The deal is likely to close in December. Sites will be converted to the Circle K brand while continuing to sell Mobil-branded fuel. Jason Broussard, vice-president ...
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AnalysisWalgreens launches Nice! range to boost profitability
This week saw US drugstore retailer Walgreens launch Nice! – a range of private label food and drink items – to replace its long-standing Deerfield Farms offering and other category brands.
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NewsTesco's Andrew Higginson to retire
Tesco chief executive of retailing services Andrew Higginson is to retire from the board and executive committee next year.
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NewsWHSmith full year to be in line with expectations
WHSmith said that it expects full year figures to be in line with market expectations.
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NewsPrimark sees scope for 300 store openings in Europe
Value fashion giant Primark sees scope to more than double store numbers as it considers its next phase of overseas expansion.
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NewsBusinesses set up further High Street Fund for riot hit retailers
A further nationwide High Street Fund has been set up to help small business affected by the riots that hit England this month.
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News99p Stores to launch in Ireland with €uro 50 Stores format
99p Stores is to launch in Ireland next month adopting a price-capped business model and trading as €uro 50 Stores.
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NewsJohn Lewis to launch fashion campaign for autumn 2011
John Lewis is to launch an outdoor and press campaign for its autumn 2011 fashion on September 5.
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NewsDebenhams to preserve Clapham riot boards
Debenhams is to preserve the boards displaying messages of support erected during the riots earlier this month to demonstrate how the British public rallied round during the looting.
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NewsGarden Centre Group buys Country Homes and Gardens
Garden Centre Group has bought 12-store counterpart Country Homes and Gardens for an undisclosed sum.
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NewsJohn Lewis revamps electronics, home and menswear departments
John Lewis is revamping its electronics, home and menswear departments.
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GalleryVans Spitalfields, London
Blink and it’s gone and as you read this, the removal men will only be a couple of weeks away from descending on Spitalfields to empty the Vans pop-up store that has been trading on Brushfield Street since August 12.
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NewsHMV ads to highlight technology offer
HMV will be launching a new advertising campaign this weekend to push its technology credentials for the first time.