All Retail Week articles in February 3 2012 – Page 2
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NewsMorrisons acquires meat processing facility
Morrisons has acquired a meat processing facility in Winsford, Cheshire from Vion UK.The 105,000 sq ft site is a centralised fresh pork and lamb packing plant which has the capacity to expand into beef products and increase its overall production.The acquisition will give Morrisons greater capacity as it continues to ...
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NewsTesco moves UK operations head Robbins
Tesco chief operating officer Bob Robbins will move roles within the business just three weeks after it was revealed he sold stock ahead of a profit warning.
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NewsGame to offload overseas operations
Entertainment group Game aims to offload overseas businesses as it seeks to stem widening losses in the face of a punishing games market.
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NewsDiscount grocer Ugo sold a year after launch
Discount grocery retailer Ugo has been acquired by an unnamed retailer.
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NewsOcado plots 'agressive' marketing push
Ocado is to embark on an “aggressive” marketing plan over the next two years to increase shopper numbers.
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NewsPoundstretcher scraps transactional website
Poundstretcher has axed its transactional website less than two years after it launched.
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OpinionStyle and value have global appeal
Andrew Moore is executive managing director of George at Asda. Moore joined George in 2008, after spending 25 years at Marks & Spencer where he held several senior buying positions.
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News
Carrefour franchise partner to open new stores
Carrefour’s franchise partner Majid Al Futtaim plans to open 15 Carrefour hypermarkets and 30 supermarkets this year. Majid Al Futtaim chief executive Iyad Malas said: “We will complete the construction of two malls (Fujairah City Centre and Beirut City Centre) and expect to start construction in Cairo at our Mall ...
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AnalysisCarrefour ponders future as Olofsson is replaced
This week brought the end of an era at Carrefour as chief executive Lars Olofsson was replaced by Georges Plassat, the head of French fashion retail group Vivarte.
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News
Metro Cash & Carry to invest in India
Metro Cash & Carry is to invest more than €100m (£84m) to strengthen its presence in India.At present, Metro operates nine stores at six locations in India –Bangalore, Hyderabad, Kolkata, Mumbai, Jalandhar and Ludhiana – and aims to increase the store number to 50 shortly. The retailer has so far ...
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Pick n Pay reveals details of store rebranding scheme
Pick n Pay has revealed details of its store rebranding scheme in Zimbabwe, following the increase of its stake in TM Supermarkets.Seven out of approximately 40 TM stores will be rebranded as Pick n Pay with a total investment of approximately $13m (£8m) earmarked across the business for store operations.Head ...
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Isetan Mitsukoshi set to revamp store network
Department store group Isetan Mitsukoshi is to revamp its store network as part of a three-year plan starting this year.The retailer plans to invest in renovating flagship stores in greater Tokyo, and from 2015 switch focus to other areas.According to Hiroshi Onishi, the chief executive due to take up the ...
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AnalysisThink local, think loyal
Local loyalty schemes can bring footfall and revenue to beleaguered high streets, but are they worth the cost and how can they realise their full potential? Rebecca Thomson finds out.
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NewsGame confirms review of overseas business
Game has said it has put its overseas operations under review, confirming Retail-Week.com’s story yesterday.
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NewsAmazon widens its sporting range in time for Olympics
Amazon has thrown down the gauntlet to sports specialists as it expands its range in the category in expectation of a spending surge during the Olympics.
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NewsFormer M and M Direct boss joins B&Q board
B&Q has appointed former M and M Direct boss Steve Robinson to its board as it strengthens its multichannel offer.
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NewsHigh street crisis ‘irreversible’, Wrigley warns
The former boss of New Look, Phil Wrigley, has sounded the death knell of the traditional high street, and described Mary Portas’s review as the “right diagnosis, wrong prescription”.
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NewsOffice invests £1m in online revamp
Footwear retailer Office is to invest £1m in its online business as it prepares to revamp its website and launch overseas.
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News‘Service will set us apart’, says new Dixons boss
Sebastian James is taking the helm at Dixons as John Browett leaves for Apple.
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NewsCarpetright Ireland business in recovery despite group profit warning
Carpetright issued a profit warning on Tuesday despite an improving sales trend that included a double digit like-for-like increase in the tough Irish market.