All Retail Week articles in November 2 2012 – Page 3
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NewsSainsbury's grabs entertainment share from rivals
Sainsbury’s has taken market share from Tesco, Asda, Game and HMV in entertainment after investing in the category.
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NewsComet management confirms plan to enter administration next week
Comet’s management has confirmed to staff this morning that it plans to enter administration next week.
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NewsWiggle profits soar 23%
Wiggle delivered a 23% pretax profit surge to £12.6m for the year to February 5 as the popularity of cycling boomed in the build up to the Tour de France and the Olympics.
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NewsThe Fragrance Shop plans larger stores for browsing customer
The Fragrance Shop is to opening larger, open format self-selection stores in high-footfall locations to cater for customers who want to browse product before buying.
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NewsDreams chairman Steve Johnson steps down
Dreams chairman Steve Johnson has stepped down after less than a year at the struggling beds retailer.
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OpinionComment: Uneven playing field as etail grows
There is nothing to beat actually making a purchase, in store or online, if you really want to know how a retailer is performing.
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News
Coles Group reports net sales increase
Coles Group has reported that net sales at its Coles division – food and liquor plus convenience outlets – rose 4.2% to Aus$8.44bn (£5.44bn) in the quarter ending September 30.Food and liquor sales were Aus$6.6bn (£ 4.25bn), up 4.9% on the previous corresponding period. Comparable food and liquor store sales ...
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NewsVideo: Full Monty director creates The Co-op's Christmas campaign
The Co-operative Food has ditched its ‘Good with Food’ strapline for its Christmas advertising campaign created by the director of The Full Monty.
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AnalysisAnalysis: Evolution of the multichannel team
Multichannel teams are now involved with all aspects of business, from the boardroom to the shop floor. As retailers roll out ambitious strategies, digital talent is increasingly in demand.
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AnalysisAnalysis: International markets
Despite global economic problems, there are still opportunities for retailers to expand internationally. Rebecca Thomson reports on three markets that look likely to bear fruit.
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News
Carrefour reportedly in talks with Japanese retailer Aeon
French grocer Carrefour is reportedly in talks with Japanese retailer Aeon about selling its Malaysian operation.Carrefour operates 26 hypermarkets in the country. The retailer is refocusing its operations on key markets and recently withdrew from Greece, Singapore and Colombia.In September, Aeon denied being in talks about acquiring Carrefour’s Malaysian business.
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OpinionComment: Investors care about profit, not tattoos
For many retail leaders it is an article of faith to demonstrate that they hold their store staff in high esteem, and results presentations typically pay tribute to the efforts made on the shopfloor.
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News
Walmart plans to open 100 more stores in China
Walmart plans to open 100 more stores in China, creating 18,000 jobs, in the next three years.The retailer said the new stores will primarily be Walmart Supercenters and Sam’s Clubs. Walmart also intends to focus on improving the performance of stores and supply chain efficiency.
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NewsAdministration looms for Comet
Electricals retailer Comet is likely to file an intention to appoint an administrator as early as tomorrow (Thursday), putting 7,000 jobs at risk, Retail Week can reveal.
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NewsMorrisons to personalise new wine site
Morrisons is to personalise its new wine website by analysing customers’ palates and offering linked recipes.
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AnalysisAnalysis: What does Next's Directory slowdown mean for the retailer?
Next’s slowdown in Directory growth was going to happen at some point.
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AnalysisNext: What the analysts say
Sales at Next rose 2.7% in its third quarter to October 27, and the retailer said the volatility of sales performance made it hard to draw conclusions from the period. City analysts share their views on the retailer’s resilience.
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News
Inditex plans 50 to 60 Russian store openings
Spanish clothing retailer Inditex aims to open 50 to 60 stores a year in Russia.The shops will open in major cities, with the first scheduled for 2013 in Vladivostok, in the Russian Far East.Inditex operates 274 stores in Russia at present – 58 under the Zara banner and the remainder ...
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Auchan unveils plans to open two hypermarkets a year in Ukraine
Each store will require an investment of about E20m (£16.1m).The French retailer said as many as 10 stores could eventually be opened in the capital Kiev, and two are planned for 2014. It is also targeting cities such as Donetsk, Kharkiv and Odessa.No openings will take place next year because ...
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News
Amazon records third quarter net loss
Amazon recorded a net loss of $274m (£170.1m) for its third quarter ending September 30, against a net profit of $63m (£39.1m) a year earlier. Sales rose 27% to $13.81bn (£8.57bn).It was Amazon’s first quarterly loss since 2003 and included a charge of $169m (£104.9m) related to writedowns at daily ...
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