All Retail Week articles in December 17 2010 – Page 3
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News
A&P files for Chapter 11 bankruptcy protection
US Tengelmann-controlled A&P has filed for Chapter 11 bankruptcy protection as it struggles with enormous debt and increased competition from low-priced peers.The retailer operates 395 stores around the Northeast under the A&P, Waldbaum’s, The Food Emporium, Super Fresh, Pathmark and Food Basics banners.
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AnalysisWhat we’ve learnt from 2010
In 2010, retailers have witnessed the arrival of a new Government, big-name appointments, successful deals, failed deals, and even a deal struck at the North Pole. Much can be gleaned from this year - not least the knowledge that the sector is never, ever, boring.
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GalleryThe very best stores of 2010
Despite the tough economic climate, both overseas and homegrown retailers haven’t held back on innovative store designs.
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AnalysisInternationalism is high on the agenda for 2011
In the past few years the retail sector has been dominated by the effects of the global economic crisis, with consumers in search of value and low prices.
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News
X5 Retail Group to acquire Kopeika
X5 Retail Group has announced that it has signed an agreement to acquire Kopeika in a transaction with a total enterprise value of RUR51.5bn (£1.05bn) including assumption of debt.X5 Retail Group has acquired a strong network of Kopeika price-oriented supermarkets which will be rebranded to the Pyaterochka banner. The transaction ...
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OpinionIt’s all about people
Times may be tough, but retailers cut back on staff training at their peril, says Gwyn Burr
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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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NewsNisa-Today launches first TV ad campaign
Symbol group Nisa-Today is to embark on its first TV advertising campaign as it guns to build its brand profile with consumers and sign up new retailer members.
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News
South African Massmart to exit Zimbabwe
South African Massmart - a 51% stake of which is expected to be acquired by Walmart in early 2011 - has announced that it is to exit Zimbabwe, selling its two stores in the country to local grocer OK Zimbabwe.In October this year, Massmart announced that it was likely to ...
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News
PPR enters talks with South African Steinhoff International Holdings
Luxury and retail group PPR has entered into exclusive negotiations with South African Steinhoff International Holdings over the sale of its shares in Conforama. The transaction is worth about E1.2 bn (£1bn) in cash. In November 2009, PPR announced that it was planning to sell off its retail division including ...
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NewsHMV cautious over Christmas trade after poor interim results
HMV disappointed the City last week with worse-than-expected interim results and cautious comments about the crucial Christmas trading period after snow hit sales.
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OpinionRetail surgery: As the HR manager of a department store, a member of staff has made a complaint against a worker who is employed by one of the store’s concession brands. Who is legally responsible?
As the HR manager of a department store, a member of staff has made a complaint against a worker who is employed by one of the store’s concession brands. Who is legally responsible?
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News
Ahold's ICA in Sweden trials student special packages
Ahold’s ICA in Sweden is trialling special packages for students. Called ICA Student, the scheme offers help with food shopping, insurance issues and banking services in a single package.In the first phase the service is being tested among 200 students from Uppsala and Norrtälje. Should the concept prove successful, ICA ...
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NewsM&S hit online by Amazon site failure
Amazon and Marks & Spencer’s websites were taken offline on Sunday night during the key Christmas trading period amid ongoing cyber threats by pro-Wikileaks saboteurs Anonymous.
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AnalysisCyber attacks
Amazon’s ability to shake off an attack by saboteurs attempting to overwhelm and crash its servers last week highlights the importance for etailers of having a good IT infrastructure in place
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NewsBig-ticket retailers race to start Sales before the VAT rise hits
DIY and furniture retailers confident about early start to January Sales but cautious about early 2011
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NewsCarpetright to downsize larger stores in a bid for better returns
Carpetright is downsizing 10% of its portfolio as it seeks to get better returns from its selling space.
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NewsShoppers flock to Black
Shoppers have flocked to Black, the lifestyle-focused electricals fascia being piloted by Dixons Retail, in its first week of trading, its parent has claimed.