All Retail Week articles in December 14 2012 – Page 5
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NewsGlasses Direct owner acquires contact lens specialist LensOn
Optical specialist Prescription Eyewear has acquired online contact lens specialist LensOn.
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Kesko opens first hypermarket
Finland-based retailer Kesko has entered the Russian grocery sector with its first hypermarket in St Petersburg under the K-Ruoka banner.Kesko aims to open four hypermarkets in the city by the end of 2013 and then expand to the Moscow region.Kesko also operates K-Rauta DIY and Intersport sports stores in Russia.
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Spar Austria plans online grocery shop
Spar Austria is planning an online grocery shop for its hypermarket and superstore banner Interspar in the Czech Republic.The retailer intends to make more than 40,000 products available online, it is reported.Rewe Group’s supermarket division Billa in the Czech Republic is also working on ecommerce for its full food and ...
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Aldi Nord chairman Berthold Albrecht dies
Berthold Albrecht, chairman of one of the family trusts of German discounter Aldi Nord and member of the board, has died at the age of 58.As well as the German and European operations, the son of Aldi Nord founder Theo Albrecht Sr was closely involved in its North American retail ...
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NewsPets at Home buys equestrian etailer Ride-Away
Pets at Home has acquired online and catalogue equestrian retailer Ride-Away, which is expected to “significantly expand” the retailer’s specialist credentials.
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Loblaw to form Real Estate Investment Trust
Loblaw is to form a Real Estate Investment Trust (REIT) to acquire a significant portion of its real estate assets. The grocer plans to sell units of the REIT through an initial public offering and will retain a significant majority interest. The expected completion date is mid-2013, subject to approval.The ...
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NewsAmerican Apparel press advert banned
The Advertising Standards Authority (ASA) has banned an American Apparel advert which “appeared to sexualise a child”.
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NewsWickes posts 5.8% like-for-like fall
Travis Perkins’ retail division, which largely comprises DIY chain Wickes, posted a like-for-like sales fall of 5.8% for the 11 months to the end of November.
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NewsSuperGroup profits jump as it drives overseas expansion
SuperGroup underlying pre-tax profit jumped 13.1% to £14.7m in its half year to October 28.
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NewsCarpetright eyes Tottenham Court Road store in London push
Floorings giant Carpetright is making a push for the capital as it seeks out smaller high street stores in London.
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NewsInditex UK boss Patel heads to the US as Italian boss takes over
Inditex UK boss Dilip Patel is to take the reins of the Spanish fashion giant’s fledgling US business as the boss of its Italian arm Lorenzo Marcheselli takes over the UK.
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NewsReiss UK EBITDA dips 14.5% as it invests in infrastructure
Reiss UK EBITDA dipped 14.5% to £11.2m in its year to January 31 despite a 5.3% sales jump which helped revenue break through the £100m barrier.
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AnalysisAnalysis: The click-and-collect battle heats up
As Asda sizes up opening collection points in travel hubs, Retail Week takes a look at the increasingly vital click-and-collect battleground in grocery.
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AnalysisCarpetright: What the analysts say
Carpetright delivered a pre-tax profit surge to £5.2m in the first half of its financial year against £800,000 in the same period last year but sales fell 1.6% to £189.1m.
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NewsPoundland mulls own brand food offer
Poundland is mulling launching an own brand food label as it plans to add new categories to its offer.
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NewsChristmas shopper West End spend hits £150m at the weekend
Shoppers spent £150m in the West End over the weekend as they stocked up on festive goodies with two weekends to go before Christmas.
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NewsAsda mulls opening collection points in train stations
Asda is considering opening click-and-collect hubs in train stations and will launch same day delivery next year as the grocer looks to tap into the commuter market for online shopping.
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NewsWHSmith boss Kate Swann bags £3.3m
WHSmith chief executive Kate Swann could be in line to receive a further £2.6m as well as her £3.3m salary and share payouts.
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NewsCarpetright profits up despite sales fall
Carpetright has reported an increase in first-half profits despite a fall in sales, which were held back by a poor performance in mainland Europe.
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NewsAsos first-quarter sales up after price investment
Asos’ total retail sales rose 30% to £165.8m in the first quarter, as an investment in price in the UK and rapid international growth drove sales.