All Retail Week articles in May 18 2012 – Page 2
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NewsArgos extends Shutl speedy delivery outside of London
Argos has launched its speedy delivery service outside of London.
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NewsMusgrave Group reports profits slip
Musgrave Group has recorded a 1% slip in pre-tax profits to €71m last year.
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NewsTesco to open F&F pop-up shop in London
Tesco will launch an F&F central London pop-up for four days from May 30 during the Queen’s Diamond Jubilee.
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AnalysisQuotes of the day from the Retail Week Supply Chain Summit
Supply chain leaders on the big issues they face.
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News
Carrefour’s bid to acquire Guyenne et Gascogne approved
Carrefour’s bid to acquire Guyenne et Gascogne has been approved by France’s antitrust agency. In December 2011, Carrefour submitted a E494m (£394.6m) cash takeover bid for its franchisee.Guyenne et Gascogne operates six Carrefour hypermarkets and 28 Carrefour Market supermarkets in France that generated net income of E25m (£20m) in 2011 ...
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H&M draws criticism for featuring ‘super-tanned bodies’ in swimwear ad
Clothing retailer H&M drew criticism after featuring ‘super-tanned bodies’ in its new swimwear campaign. The ads – which portray brightly coloured swimwear on a heavily tanned model – caused media consternation in countries where the adverts are shown.A cancer awareness organisation in Switzerland claimed H&M’s adverts have undermined its own ...
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News
GameStop anticipates double-digit sales decline
GameStop has warned investors that it anticipates double-digit sales declines for its first quarter. The 12.5% like-for-like sales drop now forecast by the retailer backs up market research from NPD that shows four months of double-digit decreases for the sector.NPD estimates that in April sales of video game software in ...
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News
Seven & I to set up two holding companies
Convenience store operator Seven & I is to set up two holding companies to accelerate decision-making and new store openings.The subsidiaries are to be established by the end of the year and will be in charge of overseeing the convenience and supermarket operations.
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AnalysisIrish property market: Slow road to recovery
The property crash in Ireland has been followed by some recovery, but retailers believe that rental values are still too high and further improvements are being stalled.
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NewsAlliance Boots' trading profit soars as it targets international growth
Alliance Boots, parent of health and beauty retailer Boots, has posted double digit annual growth despite a “difficult” economic climate.
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NewsHalfords drives leisure range with summer TV ad
Halfords is pushing its leisure range of ‘staycation’ holiday essentials with the launch of a a nostalgic summer TV ad campaign tonight, May 16.
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NewsNew technology will boost retailers' sales by 4% by 2014
Investing in new technology could boost retailers’ sales by 4% within two years according to eBay.
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NewsJohn Lewis ups sales guidance after strong first quarter
Department store John Lewis has upped its sales guidance after outperforming the market in its first quarter.
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AnalysisAnalysis: How own-brand has driven Boots' performance
Many retailers across the board are shifting focus to own-brand product in a bid to generate loyalty as they battle to draw shoppers through the doors.
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NewsClinton Cards to close 350 stores as Birthdays leaves the high street
The administrators of Clinton Cards are to shut 350 stores, including the entire Birthdays chain, starting next week after concluding the retailer is “burdened with an untenable retail estate”.
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NewsGeorge targets online growth after multichannel boost
Asda’s fashion business George aims to generate 10% of sales online after bolstering its multichannel offer.
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News
Massmart appoints Guy Hayward as chief operating officer
Walmart-controlled Massmart has appointed Guy Hayward, chief financial officer since 2001, as chief operating officer. He reports to chief executive Grant Pattison. Group finance executive Ilan Zwarenstein succeeds Hayward as chief financial officer. Zwarenstein has also been appointed to the board and the Massmart executive committee.The retailer said Pattison would ...
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News
Banana Republic may launch in Australia
Gap-owned fashion retailer Banana Republic may launch in Australia, it has been reported. Local operator Busbrand is in talks for the licence for the brand. “It’s early days but we’re very excited,” says Busbrand chief executive Andrew Bousie.Busbrands operates three Gap stores in Australia and as well as fashion chains ...
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OpinionWill Bolland's initiatives shape up for M&S?
Next week brings the main opportunity to find out how Marc Bolland’s strategy at Marks & Spencer is progressing when the retail bellwether posts full-year results.
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NewsJesse Boot painting at National Portrait Gallery
Legendary entrepreneur Jesse Boot took his place in the National Portrait Gallery last week, when the health and beauty retailer that bears his name loaned a painting of the groundbreaking Victorian businessman.