All Retail Week articles in March 8 2013 – Page 2
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News
Printemps owner, Borletti Group enters talks with Qatari Holdings
The owner of the French department store group Printemps, Italy’s Borletti Group, has entered exclusive talks with Qatar’s sovereign wealth fund, Qatari Holdings (owner of Harrods in the UK) to discuss a takeover.However, last week the tussle for Printemps took a new turn. France’s largest department store group, Galeries Lafayette, ...
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News
Carrefour's franchisee Label'Vie to invest in Morocco
French retailer Carrefour’s franchisee Label’Vie plans to invest MAD800m (£62.1m) in Morocco.The investment programme will focus predominantly on smaller cities. Two Carrefour hypermarkets are to open in Fez and Oujda, close to the border with Algeria.Following the rebranding of its cash and carry Carrefour Maxi banner to Atacadão, five new ...
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News
Schwarz Group ramps up Spanish investment
Germany-based Schwarz Group is ramping up its operations in Spain and has earmarked a sum of E120m (£103.6m)for investments in its Spanish Lidl network this year.That is 20% more than last year, when the retailer opened 14 stores and remodelled another 65 in Spain.
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NewsTesco’s Clubcard TV goes live today to 16 million card holders
Tesco’s Clubcard TV goes live today to its 16 million Clubcard holders.
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NewsAurora Fashions to be broken up in radical restructure
Aurora Fashions, which owns brands Coast, Oasis and Warehouse, is to break up the business in a move which will see its top team including chairman Derek Lovelock and chief executive Mike Shearwood depart the business.
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NewsFood price inflation reaches lowest point in five months
Food price inflation fell to a five-month low last month as upward pressure from rises in wheat and corn prices in previous months began to ease.
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NewsIkea partners with Marriott to launch budget hotel venture
Swedish furniture giant Ikea is to open a string of budget hotels across western Europe and has teamed up with hotel giant Marriott International to support the venture.
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OpinionBlog: Clubcard TV is just the start of the journey
A couple of years ago if someone had told me I was going to be MD of Clubcard TV, it would probably have conjured up visions of a TV channel promoting Tesco products to Tesco customers.
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NewsOxford Street redevelopment plans approved by Westminster Council
Plans to transform the eastern end of Oxford Street have been approved by Westminster Council, in the next phase of redevelopment.
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NewsFashion etailer Style Passport plunges into voluntary liquidation
Style Passport, the online fashion retailer set up by former Marie Claire fashion editor Sarah Walter, has been placed into voluntary liquidation.
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AnalysisAurora Fashions restructure: What do retailers need to know?
As Aurora Fashions unveils a radical restructure, separating its Coast, Oasis and Warehouse brands, Retail Week looks at the what it means for the business.
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NewsIkea UK profits down as it invests to grow its market share
Ikea UK profits fell last year as the retailer invested in shopper experience to stay ahead in the tough big ticket market.
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AnalysisRetail Week Live 2013: Wise words for retail
It’s the final countdown to Retail Week Live 2013. Here we highlight just a few of the keynote speakers and big themes at the event.
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News
Carrefour Express to adopt new franchise model
Carrefour Express is to adopt a new franchise model in Greece. The French grocery retailer’s franchisee in Greece, Marinopoulos, plans to franchise 20 to 25 stores a year under the model.The franchises can last for a maximum of seven years, but the agreement can be extended.The initiative is likely to ...
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OpinionComment: Retailers and suppliers can prosper in the age of austerity
It’s hard to avoid the gloomy economic news at the moment. I understand the competitive challenges facing retailers and suppliers alike.
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AnalysisAnalysis: Asian retailers on the rise in pursuit of growth
Homegrown retailers are expanding rapidly in many Asian countries. We highlight 10 companies to watch as they extend their reach.
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NewsMonsoon hires George at Asda’s Kevin Rusling as international director
Monsoon Accessorize has poached former George at Asda and Marks & Spencer executive Kevin Rusling as its international director.
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News
Grocery retailer Auchan reveals new supermarket format
Grocery retailer Auchan has revealed its long-awaited new supermarket format dedicated to fresh and gourmet food.It has been branded Arcimbo, after the Italian Renaissance painter Arcimboldo.
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OpinionComment: Can department store Debenhams get back on track?
Department store group Debenhams has fallen from grace with investors, with almost 15% wiped off the retailer’s share price.
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News
H&M reportedly in discussions to open first store in the Philippines
H&M is reportedly in discussions to open its first stores in the Philippines.The Swedish fashion retailer is in negotiations with local franchisor SM Retail, although talks are believed to still be in the early stages.If an agreement is signed, it would be SM’s third major global clothing brand after Forever ...