All Retail Week articles in November 12 2010 – Page 2
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News
Fnac to expand into Northern Africa and South America to move sales away from France
PPR-owned electronics retailer Fnac aims to generate half of its sales outside of France by 2015 as it expands in Northern Africa and South America. Chief executive Christophe Cuvillier said: “We’re looking to expand in other countries. The priority internationally is to grow where we already are.”Fnac will open its ...
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News
Lidl given the go-ahead for acquisition of Tengelmann's discount stores
The Romanian competition authorities have formally given their go-ahead for the acquisition of all of Tengelmann’s 105 Plus discount stores in Romania by Lidl. The office stated that the transaction would have no negative effects on competition in the national grocery market.For Lidl, the decision means that it will expand ...
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News
Media-Saturn to open first store in China
Metro Group-owned consumer electronics retailer Media-Saturn will open its first store in China, in Shanghai, on November 17 this year. The store will have a sales area of 145,320 sq ft.Media-Saturn chief executive Roland Weise confirmed that the retailer was planning to grow its local network to 10 stores in ...
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NewsNew boss for TJ Hughes as Tennant steps down
TJ Hughes chief executive Sue Tennant will leave the discount department store group at the end of the year, five months after private equity backers Silverfleet pulled a sale of the business.
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NewsCharles Kay steps down from Netto UK
Charles Kay, managing director of Netto UK, has stepped down from the business, just six months after the hard discounter was sold to grocer Asda.
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NewsFormer New Look boss Phil Wrigley invests in etail start-up
Former New Look boss Phil Wrigley has invested a “six figure sum” into a new online retail venture that claims to “turn retail logic on its head”.
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NewsWaitrose Q3 like-for-likes up 4.4%
Waitrose has reported like-for-like sales for its third quarter were up 4.4%, driven by new customers and larger basket sizes.
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NewsMorrisons like-for-likes grow 1.3%
Morrisons expects shoppers to treat themselves at Christmas and then for the focus to return to value in 2011.
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NewsBolland’s plan for M&S can restore £1bn profit
Bolland outlines aim to exploit the brand, develop multichannel and up overseas growth
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Analysis10 Martha Lane Fox
UK digital champion and non-executive director, Marks & Spencer and Mydeco.com
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