All Retail Week articles in May 11 2012 – Page 3
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NewsMaplin poaches new multichannel boss from Comet
Maplin has poached a senior Comet executive to become its first multichannel director as it bolsters its top team ahead of an eventual sale.
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NewsThorntons pins hopes on British-branded Jubilee range
Embattled chocolatier Thorntons is putting its hopes on the Jubilee to avoid its traditional summer slump.
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NewsStore closures loom at Clinton Cards
Buyers circle as Clinton Cards follows Game and Peacocks into administration.
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News
El Corte Inglés to expand new Supercor Exprés fascia
El Corte Inglés is to expand the new Supercor Exprés neighbourhood fascia by rebranding a number of Opencor convenience stores to the banner. The decision follows the recent integration of Supercor and Opencor fascias under one management team.The retailer has decided to rebrand around 10 Opencor stores in the Madrid ...
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News
Grocer Delhaize reports operating profit dip
Grocer Delhaize reported sales up 5.9% to E5.5bn (£4.48bn) for the first quarter of 2012 but underlying operating profit dropped 16.9% to E189m (£153.8m).In the US, sales were down 1.2% to $4.6bn (£2.84bn), corresponding to a dip of 0.6% in like-for-likes.At the end of March, Delhaize operated 1,541 shops in ...
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OpinionFrench retail: Vive la différence
The view, admiringly or not, that the French differ intractably from their neighbours, is enshrined in cliche.
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NewsKing: Sainsbury's has the edge in the grocery market
Sainsbury’s boss insists the retailer is leading the way on quality and service.
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OpinionHMV's fortunes are looking up
Entertainment group HMV’s shares were top of the pops last week as it flagged a likely return to profitability this financial year.
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News
Harvey Norman posts profit warning
Harvey Norman posted a profit warning following disappointing results in the first nine months of 2011. Unaudited preliminary accounts for the period indicate profit before tax of Aus$204.8m (£129m), a drop of 24.8% compared with the prior year period.The retailer said its technology categories continue to be affected by a ...
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NewsDixons profits to come in at top of range
Profits at electricals group Dixons are expected to come in at the top end of expectations and the retailer’s new financial year has begun strongly.
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AnalysisSupergroup: What the analysts say
Brokers and analysts remain cautious about the fashion retailer following flat like-for-like sales and an accounting “arithmetic error”, but hope new maangement will instil confidence.
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NewsAquascutum acquired by YGM Trading for £15m
Aquascutum has been bought out of administration by YGM Trading for £15m, ensuring the future of the UK business.
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AnalysisDixons: A tale of two Europes
Dixons’ trading statement showed divergent trends across Europe but the electricals giant looks well palced for the future.
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AnalysisCampaign of the week: 99p Stores, Hussein Lalani on Watchdog
While not a conventional marketing campaign – presumably no one would actively seek out the criticism of their business on national TV – Hussein Lalani’s response to a Watchdog segment about his business 99p Stores is a good example of how to turn bad news around.
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OpinionRetail surgery: How can I avoid being accused of copyright infringement?
How can I avoid being accused of copyright infringement when many of our new season clothes are based on high-end designers’ collections?
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OpinionSainsbury’s prepared for challenges ahead
Another solid performance from Justin King and his team at Sainsbury’s has added some much needed cheer to the turbulent UK grocery sector.
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AnalysisTarget’s Kindle decision reflects Amazon threat
It emerged last week that US-based retailer Target is to stop selling Amazon’s Kindle e-readers and tablet PCs in recognition of the growing competition from the ecommerce retailer.
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NewsArsenal Football Club to debut fashion-focused store
Arsenal Football Club is to debut a new fashion-focused store in Brent Cross in July.
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NewsBookseller Relay returns to the UK
Bookseller and stationery giant Relay is making a return to the UK with a 755 sq ft trial shop in London’s Cannon Street station.
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AnalysisProfile: Jonathon Brown, chief executive, M and M Direct
John Lewis’s online boss is making a big step to head M and M Direct, but given his multichannel successes he should be a good fit at the etailer.