All Retail Week articles in March 2 2012 – Page 2
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NewsTesco reshuffles marketing team
Tesco has made several key changes in its marketing team appointing Carolyn Bradley as its group brand director in the process.
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NewsDixons movies business to launch on Thursday
Electricals group Dixons will launch its Knowhow on-demand movie business this Thursday, March 1.
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NewsTesco unveils 3D virtual fitting room
Tesco is hoping to boost its online clothing sales and reduce returns through the launch of a virtual fitting room service.
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OpinionNo one comes close to Amazon
Ajaz Ahmed is the founder of Freeserve. He was one of the three founding executives to launch the business, seeing it through flotation and the £1.6bn sale to Wanadoo.
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AnalysisWalmart US recovers with ‘back to basics’ strategy
Walmart’s results showed that although the US business is finally getting back on track, it must not take its eye off the core domestic division.
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News
Blockbuster unveils year end results
Blockbuster has unveiled its results for the year to December 31, 2011 confirming it plans to close 500 underperforming rental stores during the first half of 2012. This number accounts for about one-third of the retailer’s US store portfolio.Blockbuster’s new parent company Dish Network reported an 11% increase in net ...
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Target posts net earnings growth
Target has posted net earnings of $2.93bn (£1.85bn) for its full year and $981m (£619.3m) for the fourth quarter. Target chairman, president and chief executive Gregg Steinhafel, said: “Target generated strong financial performance in 2011, overcoming sluggish economic growth, restrained consumer spending and an intensely promotional holiday season. For the ...
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OpinionThe retail future will not be green
John Ryan writes about store design, visual merchandising and what makes things sell in-store - across every area of retail.
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News
Loblaw reports sales increase
Loblaw’s sales in the full year ended December 31, 2011 rose 1.3% to C$31.3bn (£19.69bn) and like-for-like sales edged up 0.9%.In the fourth quarter, the grocery and general merchandise retailer reported that sales of food and clothing were strong while drugstore sales remained flat. Sales growth in general merchandise, excluding ...
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AnalysisA safe passage to India
India is one of retail’s most attractive developing markets, but it’s also one of the most difficult to enter. Liz Morrell reports on how the doors are beginning to open.
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NewsConsumer confidence holds firm in February
An improvement in confidence about the macroeconomic environment was offset by a fall in desire to buy big ticket items as consumer confidence remained static in February.
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NewsBoots pulls out of government Work Programme
Alliance Boots will no longer offer unpaid work placements under a government scheme after it said it accidentally broke its own policy, Retail Week can reveal.
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NewsUK retail sales outperform Europe over Christmas
UK retail sales outperformed the European average over Christmas as online shopping helped boost sales in a tough trading environment.
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NewsMore Bonmarché stores rescued from closure
Sun European, new owners of rescued fashion chain Bonmarché, has confirmed an additional 30 stores will remain open, taking the total number of stores to 255.
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NewsEBay launches first TV ad since 2007
EBay is launching its first TV advertising campaign since 2007 to promote the amount of new product sold on the site.
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NewsITV orders Selfridges drama
ITV is looking to replicate the success of Downton Abbey with a new period drama that will chart the story of high-end retailer Selfridges.
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NewsGame will not stock EA and Nintendo major releases over credit row
Game will not be stocking some of EA’s key March releases, including blockbuster Mass Effect 3, after the games developer refused to give the retailer more “manageable credit terms” in the short term.
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NewsNew Look loses its design, buying and merchandising bosses
New Look’s creative director Barbara Horspool is the latest director to exit the value fashion chain, followed by its buying and merchandising bosses.
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NewsGovernment drops benefit sanctions from work experience scheme
Pressure from retailers has caused the government to backtrack and remove sanctions on Work Experience participants.
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NewsSelfridges hires new marketing boss
High end department store Selfridges has hired Richard Taylor as marketing director.