Australasia – Page 5
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News
Coles boss McLeod appointed non-executive director of Middle East retailer
Ian McLeod, the outgoing boss of Australian retailer Coles, has taken up the role at Majid Al Futtaim, the Middle East’s fastest growing retail business.
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News
Asos’ Australian arm hit by technical glitch
Asos left its Australian customer base frustrated last weekend when an IT fault meant orders were delayed or were not delivered.
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Analysis
International analysis: Coles and Woolworths sign supplier code of conduct
Australian grocers Coles and Woolworths this week joined the Australian Food and Grocery Council (AFGC) in signing a new code of conduct.
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Analysis
Australian retailers coming to the UK: What do retailers need to know?
As Australian stationery retailer Smiggle outlines its UK expansion plans, Retail Week takes a look at why a number of retailers from the country are eyeing opportunities in the UK.
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News
Australian retailer Taking Shape begins UK assault
Australian plus size retailer Taking Shape began its assault on the UK market this week with the opening of five stores as it aims to expand to 21 shops in the next five months.
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Analysis
The Australian retail market: What do retailers need to know?
River Island is following fashion retail rivals and attempting to turn a profit Down Under.
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News
River Island prepares to open stores in Australia after dedicated website launch
River Island is scouring Australia for stores and has launched a dedicated website in the country today.
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News
Retailers set sights overseas for sales boost
Two thirds of British retailers expect their overseas sales to increase over the next five years and name Germany as the market most likely to provide growth.
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Opinion
Australian retailers will bounce back
Martin Newman has extensive e-commerce experience, having been involved in multichannel retailing for over 25 years. He is the founder and chief executive of Practicology.
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News
Ann Summers to move overseas once global economy improves
Ann Summers is eyeing international markets to expand its lingerie and sex toys business.
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News
John Lewis expands online with international delivery
Retailer confident it can conquer US, Europe and Australia with ‘world class’ home product offer.
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News
Woolworths to acquire The Cellarmasters Group from Archer Capital for £214.6m
Woolworths is to acquire The Cellarmasters Group from Archer Capital for AUS340m (£214.6m). Cellarmasters is one of Australia’s largest direct-to-home wine retailers and providers of contract bottling and wine services with operations in Australia and New Zealand. The business represents a complementary bolt-on to Woolworths’ existing liquor portfolio, which ...
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News
Danks acquire five Magnet Mart stores as part of owners Woolworths and Lowe's venture into hardware
Woolworths and its US-based home improvement partner Lowe’s have acquired a Canberra-based hardware chain, as part of their aggressive venture into the hardware arena. The five stores, which trade under the name Magnet Mart, have been acquired by Danks, the hardware wholesaler that ...
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News
ACCC to discuss Pick n Pay's sale of Franklins supermarket chain to Metcash
The Australian Competition and Consumer Commission (ACCC) has agreed to discuss Pick n Pay’s proposed sale of its Franklins supermarket chain to Australian Metcash at the national Federal Court. The ACCC announced that it was going to lodge the case by December 8, seeking an expedited hearing in early 2011.In ...
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News
Woolworths profit to rise between 8% and 11% in 2011
At its AGM, Woolworths chief executive Michael Luscombe said the company had experienced an extraordinary couple of years and profit would remain on course to rise between 8% and 11% in the 2011 financial year. Luscombe spoke of how Woolworths was preparing for its entry into the home improvement business ...
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News
The Warehouse Group Q1 sales fall 0.2%
The Warehouse Group has reported flat first-quarter results with a 0.2% decrease in net sales for the three months to October 31, down to NZD362.3m (£173.8m).
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News
Woolworths to open 10 big-box home improvement stores in Victoria
Woolworths is to open 10 big-box home improvement stores over the next 12 months in Victoria in a bid to expand its DIY store presence. Nine of the stores will open in the Greater Melbourne area. The chain has become involved in the hardware retailing business through a joint venture ...
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News
Woolworths Q1 sales increase 4% to £8.4bn
Woolworths reported a 4% rise in first-quarter sales to Aus$13.91bn (£8.4 bn). Sales at the company’s food and liquor division in Australia for the quarter increased by 3.2% to Aus$9.29bn (£5.6bn), as like-for-like sales rose 2%. Woolworths’ New Zealand supermarkets sales had an even stronger increase of Aus$1.07bn (£642m) during ...