All Retail Week articles in November 13, 2009 – Page 2
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OpinionLies, damned lies and shoplifting statistics
Loss prevention and retail security staff do not despair – the figures all over the press yesterday about shoplifting being up by 20% are not quite as cut and dried as they seem.
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NewsPeacocks to sell CDs as it goes after gap left by Woolworths
Value fashion chain Peacocks is to start selling CDs to take advantage of the gap left in the market since the collapse of Woolworths.
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NewsMarks & Spencer offers online shoppers 1p delivery
Marks & Spencer has kick-started its Christmas online sales campaign by offering shoppers delivery for a penny.
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NewsLondon retailers launch West End traffic-free day
Retailers including Arcadia Group boss Sir Philip Green and Harold Tillman, owner of Jaeger and Aquascutum, were among store chiefs who gathered this morning to promote the fifth traffic-free Christmas shopping day in London’s West End.
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NewsEx-MD buys back failed pet retailer Acorn
The former managing director of Scottish chain Acorn Pet Centres has led a rescue of the business.
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NewsBest Buy International boss to make surprise departure
Bob Willett, chief executive of Best Buy International, is to leave the retailer just months before the US electricals giant makes its high-profile UK debut.
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NewsDebenhams acquires Danish retailer Magasin for £12.3m
Department store group Debenhams is to push into mainland Europe following the £12.3m acquisition of Danish department store business Magasin du Nord.
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NewsWHSmith posts 1% group sales fall
Bookseller and stationer WHSmith disclosed that total sales fell 1% in the first 10 weeks of the financial year and it is planning for competitive trading conditions at Christmas.
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NewsM&S considers taking Simply Food into Western Europe
Marks & Spencer has enlisted advisors to scout locations in Western Europe for Simply Food stores, it is understood.
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NewsGreggs eyes 100 Threshers stores
Bakery specialist Greggs is considering taking on 100 stores from Threshers owner First Quench, the off-licence group that collapsed into administration a fortnight ago.
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NewsJohn Lewis ponders VAT delay
Department store group John Lewis may steal a march on the rest of the high street by not passing on the higher rate of VAT until the end of January.
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NewsArgos launches financial services price comparison site
Argos has today launched a financial services price comparison website called Argos Compare.
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NewsAsda sales growth slows as lower inflation takes toll
Asda, the Walmart-owned grocer and general merchandiser, has reported a slowdown in sales growth and said it would save shoppers £150m this Christmas.
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OpinionDebenhams is on the acquisition trail
Debenhams has snapped up Danish department store Magasin du Nord. But that is only the beginning, and there looks like much more to come.
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NewsStronger third quarter for Benetton
Italian fashion group Benetton had a strong third quarter with revenues ahead 13.1%.
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OpinionDitch the gimmicks this Christmas
This Christmas shoppers will prefer true cost savings to promotional extras, says Andy Clarke
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News
Delhaize Group posted 1.9% revenue growth
Delhaize Group posted 1.9% revenue growth at identical exchange rates for the third quarter. At actual exchange rates the supermarket operator increased revenues by 4.8% to €4.9bn (£4.4bn) due to the strengthening of the US dollar by 5.2% against the euro compared with last year. Operating profit rose 5.7% to ...
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NewsModern Warfare 2 fires up flagging games sector
Games retailers pulled out all the stops this week as they clambered to grab share of the biggest ever software launch to hit the market.
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News
Caremark has lost out on £2.9bn in contract renewals
CVS’s pharmacy benefit management arm Caremark has lost out on about $4.8bn (£2.9bn) in contract renewals this year.The retailer warned investors to expect margins to fall by about 10% next financial year as a result. CVS reported a 17.9% year-on-year rise in revenues to $13.6bn (£8.3bn) at its retail pharmacy ...
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News
ICA posted third quarter net sales of £2bn
Ahold’s Scandinavia and Baltics arm ICA posted third quarter net sales of Skr23.5bn (£2bn) - a 3% increase compared with the same period last year. At constant exchange rates, net sales climbed 1.3% at the grocer. Operating income rocketed 37% to Skr936m (£82m).ICA managed to significantly reduce its losses in ...