All Retail Week articles in December 2 2011 – Page 2
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NewsSports Direct set to snub Blacks fundraising
Sports Direct founder Mike Ashley is set to snub a £20m cash call by struggling outdoor retailer Blacks of which he is the largest shareholders.
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NewsSir Stuart Rose linked to Argos bid
Sir Stuart Rose has been linked to a return to Argos as part of a possible private equity approach for parent Home Retail.
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NewsComet deal financing delayed
The proposed sale of Comet has hit a stumbling block because its prospective buyer has not yet secured a key part of its financing.
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Woolworths outlines strategic priorities
Woolworths chief executive Grant O’Brien outlined his strategic priorities at the AGM. He intend to “extend and defend leadership in food and liquor” by establishing a dominant position in fresh food in Australia; to maintain its track record of building new growth businesses; and “to put in place the enablers ...
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NewsPost-sales service vital for multichannel offer
As multichannel sales continue to rise, retailers aim to make customer experience and service consistent across all channels.
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Grocery retailer Shufersal posts third quarter results
Grocery retailer Shufersal posted results for the third quarter. Net profit plummeted 59% to ILS29m (£4.9m) from ILS71m (£12m) for the same period last year. Revenue was up 4% to ILS3bn (£509m).It also announced that chief executive Ephraim Rosenhaus would step down after more than eight years in the job. ...
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Foot Locker reports net income increase
Foot Locker reported that net income for the third quarter ended October 29 was $66m (£42m), up from $52m (£33m) for same period last year. Net sales were $1.39bn (£892m) compared with $1.28bn (£822m).Foot Locker chairman and chief executive Ken Hicks said: “I am pleased to report our seventh consecutive ...
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Gap launches flagship Hong Kong store
Gap has launched its first flagship in Hong Kong, the fashion retailer’s ninth store in Greater China. The shop spans more than 15,000 sq ft over four floors on Queen’s Road in Hong Kong’s Central District. In addition to Hong Kong, the company will open stores in Shanghai, Hangzhou and ...
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Lidl to open first Lithuanian store
Schwarz Group’s discount chain Lidl will open its first Lithuanian store in Alytus in the south of the country. According to reports, Lidl intends to open stores in Lithuania’s five biggest cities and every town of more than 20,000 inhabitants. In 2002, Lidl decided to open stores in Lithuania and ...
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GalleryMilestone in the garden city
In a quest for clarity and a more appealing store environment, Sainsbury’s has created a ‘milestone’ store in Welwyn Garden City. John Ryan visits and talks to head of store design Damien Culkin.
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NewsWhiteley Shopping Centre to kick-start retail development
A 300,000 sq ft shopping centre in South Hampshire will help kick-start retail development following a building hiatus in 2012 after schemes were mothballed in the downturn.
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NewsB&Q deliver Christmas tree to the Treasury
B&Q fulfilled Chancellor George Osborne’s wish for a thrifty Christmas by delivering a 6ft tree to the Treasury.
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NewsBoots to roll out in-store spas if pilot is successful
Health and beauty retailer Boots will roll out in-store spas if its first in Milton Keynes proves successful.
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NewsKaren Millen begins search for European boss in growth drive
Premium womenswear retailer Karen Millen is on the hunt for a European boss as it eyes further growth internationally.
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NewsIkea price cuts power market share advance
Swedish furniture giant invests in online and store revamps as it ‘prepares for uplift’ in market.
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NewsOcado boss Steiner’s above it all
It’s a good job diminutive Ocado boss Tim Steiner has a sense of humour.
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NewsAnn Harvey owner to close 20 stores in property review
Fashion retailer to focus on concessions and ramp up ecommerce as it suffers tough trading
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AnalysisA winter walkaround
With little over three weeks to go, Charlotte Hardie and Simon Puryer take at trip to the West End to look at how retailers are faring in the festive countdown.
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NewsIn focus: Home Retail Group
Home Retail Group has had a rocky year, reporting falling sales and profits as the performance of its catalogue retailer Argos slipped.
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OpinionLook hard enough, and retail’s glass is half full
The Chancellor’s Autumn Statement will have prompted a brief sigh of relief from retailers.