More on Me + Em – Page 2609
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AnalysisThe Chinese market
Last week Monsoon began a big push into China, where it is understood to be aiming to open up to 1,000 stores. Why are retailers heading east?
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OpinionTime for a retail coalition
If politicians can do it, why can’t retail join forces for the greater good, says Jacqueline Gold
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OpinionSir Terry Leahy: one of retail’s all-time greats
Cast your mind back to February 1997. Tesco had just taken top spot in the grocery rankings, but at about 20%, its market share was only 2 percentage points above Sainsbury’s.
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AnalysisWalmart’s bid for world domination
With a renewed focus on price transparency, the US retailer plans to bring its value message to other countries. Jennifer Creevy reports from Bentonville
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AnalysisFamilyMart pushes ahead with international growth
This year is set to be an important year for Japanese convenience store giant FamilyMart.
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AnalysisWhat it’s like to work at Austin Reed Group
The inside view from chief executive Nick Hollingworth
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AnalysisHow to combat staff football fever
Managing shift requests for time off is a challenge during the World Cup.
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OpinionRetail surgery: Which errors by store staff should we focus on to try and improve our shrinkage rates?
Which errors by store staff should we focus on to try and improve our shrinkage rates?
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OpinionRetail surgery: What is the new night-time food licence that is due to come into force in Scotland all about – and who will it apply to?
What is the new night-time food licence that is due to come into force in Scotland all about - and who will it apply to?
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News
TJ Maxx set to open first store in Puerto Rico
Developer Diversified Realty has announced the signing of a lease for the first TJ Maxx in Puerto Rico, at Plaza del Norte, a large regional shopping mall located at Hatillo in the northwest of the country. The store is expected to open in spring 2011.“We are very pleased that TJ ...
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News
Dick's to open 50 stores in 2 years
Dick’s Sporting Goods plans to open about 25 stores this year and the same number next year. But the retailer could increase the number of openings if developers start building shopping centres again, chief executive Ed Stack said.Speaking after Dick’s Sporting Goods annual shareholders meeting, Stack said he was comfortable ...
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News
First overseas Bloomingdale’s set for Dubai
Macy’s chairman, president and chief executive officer Terry J Lundgren has revealed the first Bloomingdale’s store overseas - a 200,000 sq ft unit opened in February in Dubai and licensed to Al Tayer Insignia - is already contributing to corporate earnings. He also disclosed at the company’s AGM that the ...
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News
New Reliance team charged with doubling business in 5 years
Reliance Retail has hired an expert retail management team from Thailand and Europe to spearhead its retail business.“The company has hired a team of 35 senior executives from various retail giants like Tesco Lotus of Thailand, European retail giant Morrisons and the US retailer Walmart. It will work under Gwyn ...
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News
Gome to invest in ecommerce
Chen Xiao, president of electrical appliances retailer Gome, has revealed plans to invest in ecommerce to grow sales. Online sales were just Yn400m (£40.4m) in 2009, accounting for less than 1% of total retail sales.About 40% of its products are now available for sale online and the service is only ...
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News
Petbarn acquires Australian Pets At Home stores
Pet care specialist Petbarn has acquired all three Pets At Home stores in Australia and converted them to the Petbarn banner. The franchised units in Victoria are understood to have been converted in the past couple of months following the deal, which took place in February.Petbarn is one of Australia’s ...
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Opinion
Home sweet home?
Does the weak trading update from Argos this morning say more about the business or the market?
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News
Lianhua to open 500 stores this year
Supermarket operator Lianhua plans to spend Yn600m (£60.66m) on opening 500 stores this year. They will include 15 shopping centres, 200 convenience stores and 285 supermarkets, mainly in the Yangtze River delta region. The retailer is looking to compete with the aggressive expansion of foreign players like Walmart and Carrefour.After ...
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News
Kopeika plans IPO
Grocery chain Kopeika plans an IPO this autumn. It is thought the Moscow-based retailer will offer about 30% of its shares. Possible buyers include X5 Retail Group or Walmart.An acquisition of a minority stake in Kopeika would be a good move for X5, as Kopeika competes with X5’s Pyaterochka stores ...
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OpinionAsos and Net-a-Porter seek growth through different avenues
Two of the biggest success stories in online fashion have delivered big news this week, with a successful trading update form Asos and the announcement of a new menswear site from Net-a-Porter.
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News
Pottery Barn to open in Kuwait
Home furnishings retailer Williams-Sonoma will open its first Pottery Barn and Pottery Barn Kids stores in Kuwait on June 16 as part of a multi-year deal with MH Alshaya Company. The 17,220 sq ft Pottery Barn and 8,070 sq ft Pottery Barn Kids stores will be located at The Avenues ...