All Retail Week articles in November 19 2010 – Page 4
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NewsFrench Connection ticks along nicely
Fashion group French Connection reported that overall business was in line with expectations although retail sales were “slightly lower” than anticipated.
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AnalysisWill the Emerald Isle sparkle again?
With EU pressure to accept a bailout, Ireland’s economy is a mess. Will its retailers recover, asks Charlotte Hardie and Greg Lawless
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NewsContactless payment trial in 50 Clinton Cards stores
Clinton Cards is to trial contactless payment in 50 of its stores in London and Liverpool from this month.
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NewsRoyal wedding could lift retail sales by £400m
Royal wedding bells could set retailers’ tills ringing to the tune of almost £400m.
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NewsSpar UK MD Jerry Marwood to step down in summer 2011
Spar UK managing director Jerry Marwood will step down from the symbol group in summer next year after more than a decade at the business.
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NewsMarks & Spencer showcases spring 11 collection
Nostalgic feel Marks & Spencer showcased its spring 11 collection this week, featuring looks inspired by the 1970s such as maxi dresses (pictured) and fashion stories including ‘Coney Island’, featuring nostalgic interpretations of 1950s dresses and ‘Carnival’, incorporating bold prints and bright colours.
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Topshop calls off entry into Norway after copyright dispute
Arcadia Group-owned fashion retailer Topshop has called off its market entry into Norway after a copyright dispute with a local retailer that has already registered the brand Topshop in the country. Topshop has been in negotiations with the owner for more than a year without results.
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Indigo Q2 revenue rises 3.8%
Book retailer Indigo has reported a 3.8% growth in revenue for its second quarter ending October 2. Revenue for the quarter was CAD214.8m (£131.7m), up CAD7.8m (£4.8m) from last year. On a like-for-like basis, Indigo and Chapters superstores posted a 0.7% decline in revenue, while small format stores were ...
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Shoppers Drug Mart Q3 sales increase 2.6% to £1.9bn
Shoppers Drug Mart has recorded a 2.6% sales rise in the third quarter to CAD3.09bn (£1.9bn), with the company reporting continuing sales growth in all regions of the country. On a like-for-like basis, sales increased 1.2% during the quarter, while prescription sales increased 0.8%, or 0.2% on a like-for-like basis.
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Kohl's and Macy's records flat Q3 profits
Department store retailers Kohl’s and Macy’s have reported their third-quarter results for the period ended 30 October. Kohl’s reported its net profit for the third quarter was flat at $194m (£120.3m), compared with $193m (£119.7m) a year ago. Net sales for the quarter were $4.2bn (£2.6bn), an increase of ...
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Exito works with Dunnhumby to better understand customer behaviour
Casino-owned Colombian retailer Exito has announced that it is working with Dunnhumby to better understand consumer behaviour in its stores. The Tesco-owned market research company will be working with the information generated by the Puntos Éxito and SuperCliente Carulla-Pomona loyalty cards.
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Delhaize Group Q3 sales increase 0.8% to £4.4bn
Delhaize Group has posted sales growth of 0.8% at identical exchange rates in the third quarter, the period between July and September. At actual exchange rates, sales increased by 8.6% to €5.3bn (£4.4bn) due to the strengthening of the US dollar by 10.8% against the euro compared with the third ...
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Dansk Supermarked sales up 3% to £4.93bn
Netto-owned Dansk Supermarked has reported sales up 3% to DKK43.2bn (£4.93bn) in the first nine months of 2010, up from DKK41.8bn (£4.77bn) during the same period last year. Net income was DKK1.36bn (£152.9m), a rise of 2% on last year. Dansk Supermarked majority owner A P Møller-Maersk said in a ...
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Shoppers Stop turnover soars 23%
Variety retailer Shoppers Stop posted a 23% jump in retail turnover to INR5.08bn (£70.5m) for the quarter ended September 30. Net profit soared 44% to INR174m (£2.4m).
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The Warehouse Group Q1 sales fall 0.2%
The Warehouse Group has reported flat first-quarter results with a 0.2% decrease in net sales for the three months to October 31, down to NZD362.3m (£173.8m).
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ICA Q3 sales rise by 0.2% to £2.1bn
Ahold-controlled Nordic retailer ICA has announced that net sales grew by 0.2% to SEK23.5bn (£2.1bn) in the third quarter to the end of September, while operating income grew 0.4% to SEK940m (£84.9m). Net income for the third quarter was up 9% to SEK644m (£58.2m).
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NewsJohn Lewis reports strong start to week
John Lewis saw sales surge 11.3% over the last four days driven by a strong performance from fashion and helped by the colder weather.
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Retail sales edge up in October, says ONS
Retail sales edged up modestly in October, according to the Office of National Statistics.
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NewsHolland & Barrett to launch 'buy one, get one for a cent' promotion in Ireland
Holland & Barrett is to launch a ‘buy one, get one for a cent’ promotion in Ireland as it seeks to drive sales in the tough market.