All Retail Week articles in January 20 2012 – Page 2
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News
Magnit reports revenue increase
Grocery retailer Magnit has reported that preliminary consolidated, unaudited net retail revenue increased 42.1% to RUB335.6bn (£6.9bn). The retailer reported strong like-for-like sales growth of 11.1% together with increases of 9.7% in basket and 1.3% in traffic. Supermarkets and neighbourhood stores outperformed hypermarkets with like-for-like growth of 11.6% and 6.7% ...
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NewsComet schedules meeting with trade credit insurers
Comet is set to meet with trade credit insurers next week as the electricals retailer tries to determine whether they will carry on offering cover to its suppliers once the business is sold to OpCapita next month.
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NewsFindel posts sales jump as turnaround shows results
Home shopping group Findel sales advanced 4.5% in the 15 weeks to January 17.
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NewsPaul Mason appointed toy brand Mayborn chairman
Cath Kidston and Radley & Co chairman Paul Mason has been appointed chairman of Mayborn.
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NewsScottish retailers have worst Christmas since 1999
Scottish retailers experienced their worst Christmas sales since 1999 with total sales in December up 1.6% year-on-year, the Scottish Retail Consortium (SRC) has said.
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NewsPrimark Northern Irish staff balloted on strike action
Primark staff in Northern Ireland are close to calling a strike following a second year of pay freezes.
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NewsTesco hits back with voucher campaign
Tesco has launched a voucher offer just days after group chief executive Philip Clarke admitted coupons had proved the difference as it lost out to rivals over Christmas.
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NewsPeacocks collapses into administration, 10,000 jobs at risk
Debt-laden value clothing retailer Peacocks has hit the buffers after a last ditch attempt by chief executive Richard Kirk to save the business failed.
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NewsFormer Woolworths stores almost filled
Just over 100 former Woolworths stores vacated following its collapse in January 2009 remain empty.
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News
Rewe Group to acquire Citistore chain
Rewe Group’s supermarket division Billa in Russia is to acquire the Citistore chain operating 17 retail stores in Moscow.Citistore, formerly known as Migros Turk’s Ramstore, consists of seven owned and 10 long-term leased stores with a total sales area of 215,000 sq ft. Billa has opened just 72 stores since ...
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NewsDixons holds its own against supermarkets
Dixons boss John Browett maintained the electricals retailer has beaten off competition from the supermarkets through its renewed focus on customer service.
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NewsAnything but mint pricing
Tesco’s Big Price Drop may have been called into question following its sales slump last week but it truly does offer fantastic savings to its customers – that’s if its in-store marketing is to be believed.
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News
Beauty retailer Sa Sa reports sales increase
rise of 28.9% to HK$1.81bn (£152.1m) for the third quarter ended December 31, 2011. Sales soared 25.9% (20.7% on a like-for-like basis) in Hong Kong and Macau. Chairman and chief executive Dr Simon Kwok said of the performance: “The group remains cautiously optimistic on the retail sector of the Asian ...
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News
Culture Convenience Club posts rise in book and magazine sales
Culture Convenience Club has posted a 106% rise in book and magazine sales to ¥102.4bn (£871.5m) at its Tsutaya store network for 2011.The home entertainment retailer attributed the increase to the strengthening of its catalogue stock, resulting in an uplift in the number of subscriptions, as well as utilising its ...
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NewsPlay mulls payment-on-delivery model to boost shoppers’ options
Etailer Play.com is considering the introduction of a payment-on-delivery offer, which would be a UK first as the retailer looks to offer better customer service under its new owners.
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NewsCrocs snaps up Chan from La Senza
Footwear brand and retailer Crocs has hired former La Senza retail operations director Ann Chan to join as European retail director.
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AnalysisImproving customer service
Ensuring top-rate customer service can be a challenge at the best of times, but it’s doubly difficult in the new year post-Sales lull. Liz Morrell looks at how to solve the problem.
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NewsFashion retailer Select to double stores
Value fashion retailer Select is embarking on an aggressive expansion push as it aims to more than double its store portfolio to 300 over the next three to five years.
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OpinionRetailers hold firm as Tesco tailspins
George MacDonald has written for Retail Week for more than 10 years, covering various sectors. He is a frequent TV and radio commentator on retail trends and issues.
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AnalysisGuy Lister
New Look’s newly promoted customer and multichannel managing director will help the fashion retailer provide a seamless ecommerce experience.