All North America articles – Page 2
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News
EG Group offloads bundle of US convenience stores
Forecourt retail specialist EG Group is to sell a bundle of convenience stores in the US.
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Analysis
Frasers or Nordstrom: who is Asos’ perfect match?
Embattled fashion pureplay Asos has recently been at the centre of takeover talks following reports of a £1bn takeover bid by Turkish fast-fashion retailer Trendyol. Frasers Group also sparked speculation by increasing its stake in the fashion retailer three times in two weeks
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News
Watches of Switzerland sales and profits soar in record year
Watches of Switzerland has posted a “record” year of revenue and profitability, entering 2024 “significantly ahead” of what it previously forecast as strong momentum across the US, UK and Europe continues.
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Innovation of the Week
Innovation of the Week: Amazon goes local for same-day delivery and returns
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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News
WHSmith will not open any more high street stores
WHSmith will not open any more high street stores as it focuses instead on its growing travel arm.
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News
Nobody’s Child embarks on US expansion with Europe and Middle East to follow
Nobody’s Child has unveiled its expansion into the US through the launch of online partnerships with fashion brands Anthropologie and Nordstrom, as its European and Middle Eastern expansion plans “are also imminent”.
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News
Exclusive: Fat Face expands into Canada with three new stores
Fashion retailer Fat Face has made its Canada debut with the opening of three new stores and six more planned for later this year, Retail Week can reveal.
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Analysis
Fanatics boss outlines goal-scoring tactics in Europe having conquered the US
Fanatics is a celebrated name among sports fans around the world. Licensed merchandise, collectibles, betting and online gaming – the business does it all, with a reach of 100 million global sports fans in more than 180 countries
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News
Ikea to make ‘biggest ever’ investment in US expansion
Ikea owner Ingka Group is to make its biggest ever investment in stores and fulfilment in the United States.
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News
Carl Cowling banks on bumper summer to keep WHSmith travelling in right direction
WHSmith chief executive Carl Cowling has said the retailer is positioning its travel brand as a “one-stop shop for travel essentials” after reporting a surge in profit and revenue.
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News
WHSmith profits and revenues soar as travel division powers growth
WHSmith has posted a surge in profits and revenue in its first half as “strong momentum” continued across its UK and international travel business.
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News
Trade unions accuse Nike of violating labour rights
Trade unions from various countries have filed a formal complaint against Nike for violating labour rights and failing to comply with Organisation for Economic Co-operation and Development (OECD) guidelines.
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News
Victoria’s Secret launches first ever loyalty scheme
US lingerie giant Victoria’s Secret has announced the launch of its first loyalty programme as part of plans to provide “a better experience and value for customers”.
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News
JD Sports targets 350 store openings a year as part of international expansion
JD Sports has announced it aims to spend 50% to 60% of its yearly capital expenditure to expand the brand internationally over the next five years, especially in the North American and European markets.
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News
Hotel Chocolat enjoys festive high street boost as it eyes fresh UK expansion
Hotel Chocolat hailed the bounce back of the high street over the Christmas period and unveiled plans to ramp up store expansion over the next three years.
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Interview
Interview: Primark US boss Kevin Tulip on finally cracking America
Watching huge names like Marks & Spencer, Tesco and Sainsbury’s shutter or sell their US venture would be enough to put almost anyone off trying to achieve the American dream, but Primark US boss Kevin Tulip is charging ahead with his
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News
Exclusive: Fat Face profitability returns to pre-pandemic levels
Fashion retailer Fat Face’s pre-tax profits jumped following a record sales performance last year that helped profitability return to pre-pandemic levels.
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Analysis
Strategy spotlight: Five ways Amazon is sharpening focus for profitable growth
No retailer is immune to current market pressures, not even Amazon.
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News
Amazon shares tumble as it warns golden-quarter profit could be wiped out
Amazon has warned that its profits could be all but wiped out during the crucial golden quarter in a bleak prediction that stunned Wall Street.
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News
H&M boss Helmersson names three key investment areas
H&M profits and sales beat expectations as the retailer achieved more full-price sales.