More on Me + Em – Page 2536
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NewsNext strikes online partnership with US retailer Sears
Fashion group Next is to sell clothing online in the US in partnership with retail giant Sears.
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NewsEvans poised to launch young branded offer today
Plus-sized womenswear chain Evans has revealed that its young branded fashion offer, expected to launch today, will be called Style369.com.
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NewsDo more to back enterprise, BRC chairman Luke Mayhew tells Government
British Retail Consortium chairman Luke Mayhew has warned that the Government risks causing “collateral damage” to business unless it encourages enterprise and cuts red tape as well as making cuts.
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NewsBlockbuster files for bankruptcy in the US
Updated: US film and games rental chain Blockbuster has filed for bankruptcy protection as it strives to cut its debts and ensure the survival of the business.
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NewsAlexon posts rise in profits
Womenswear group Alexon recorded a rise in profits for the 26 weeks to July 31 despite tough trading conditions.
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Lawson to increase capital spending to aid expansion
Japanese convenience store chain Lawson will increase its capital spending to $50m (£32m) in China during 2011, with the aim of opening about 130 convenience stores.Cities earmarked for additional stores include Shanghai, Chongqing, Shenyang, Dalian, Chengdu and Beijing. Lawson president Takeshi Niinami said: “It’s time to go to China. We ...
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Makro Cash & Carry appoints Antoine Peleyras as CEO
Metro Group-owned Makro Cash & Carry has appointed Antoine Peleyras as its new chief executive officer.Until 2005 he held the position of supply chain and merchandise director at Carrefour Marinopoulos in Greece and then the position of merchandise director in the Carrefour hypermarket division in France.More recently, he was managing ...
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Casa Saba buys 25% of Farmacias Ahumada
Retailer Falabella has sold its 20% stake in Farmacias Ahumada for $100m (£64m) to Mexican Grupo Casa Saba. The latter announced last May it had reached an agreement to acquire Farmacias Ahumada for $637m (£408m), including about $162m (£104m) in debt.The combined company will become one of the leading drugstore ...
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Walmart to move into convenience stores in urban markets
Walmart is set move into convenience stores in urban markets such as Chicago and Los Angeles as the largest US retailer seeks to revitalise growth in its home market.Commercial real estate brokers say Walmart has begun scouting for sites for smaller-format stores in a range of urban markets, including Sacramento ...
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NewsJaeger opens shops-in-shops in Italy with Coin
Upscale fashion retailer and brand Jaeger has expanded into Italy with the opening of four shop-in-shops in Coin department stores.
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Mall opening a first for Aldi in US
German hard discounter Aldi Süd has announced the opening of its first store located in an enclosed shopping mall in the US. The 20,000 sq ft store will open in May, 2011 at Westfield Chicago Ridge, Illinois.“We are pleased to partner with Westfield on this fresh new approach to shopping ...
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Macy's expands online fulfilment centre to cope with growth
Department store chain Macy’s has announced it will expand its online order fulfilment centre near Portland, Tennessee, to accommodate continued online sales growth.The 600,000 sq ft facility opened in spring 2007. The expansion will add 374,000 sq ft. Construction is expected to begin this autumn so that the expanded facility ...
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NewsJohn Lewis extends ‘Never Knowingly Undersold’ price-match policy to online
John Lewis has extended its Never Knowingly Undersold price-matching policy to its website.
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OpinionHow much attention should you pay to mobile?
The ICM consumer poll in the latest issue of Retail Week shows that mobile commerce is still in its infancy, yet the acceleration of retail could see it reach maturity much more quickly than the internet.
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NewsAsda income tracker: UK families' discretionary income falls for 8th consecutive month
UK families’ discretionary income fell for the eighth consecutive month in August amid rising inflation and modest wage increases, according to figures from Asda.
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NewsSales climb for Zara-owner Inditex
Inditex, the Spanish fashion retailer that owns Zara and Massimo Dutti, grew half-year sales by 14% while making its debut in India.