All Retail Week articles in October 14 2011 – Page 4
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NewsHunt begins for Pets at Home chief executive
Pets at Home has hired headhunter firm Clarity to search for a new boss as Matt Davies prepares to step down next year.
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NewsPoundland profit surges as cash strapped consumers seek value
Poundland underlying EBITDA surged 34% to £31.7m in the year to March 27 as the retailer continues to pull in cash strapped shoppers in the downturn.
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NewsRecord travel performance helps WH Smith to higher profits
WH Smith’s profits rose 4% in the year to 31 August, helped by record profits from its travel division.
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Penny plans revision of store network
Rewe Group-owned discounter Penny has plans to revise its store network in Germany, forecasting the closure of 120 to 140 stores during the next year. According to reports, nearly half of the approximately 2,400 stores are currently in the red. As for the remaining network, Rewe Group reportedly wants to ...
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AnalysisToys R Us focuses on key trends as Christmas looms
Toys R Us has revealed the four top trends that it expects to influence toy sales in the months leading up to Christmas.
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Delhaize Group closes public offering of seven-year bonds
Delhaize Group has closed the public offering of seven-year bonds for a total amount of E400m (£347m). Delhaize Group president and chief executive Pierre-Olivier Beckers said:“This successful bond offering will help us fund the continued implementation of our New Game Plan strategy as well as re-finance existing debt recently acquired ...
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OpinionHow can we win back customers’ trust?
One of the most striking findings of this year’s Retail Proposition Strength Index, launched by OC&C at the World Retail Congress two weeks ago, was that customers’ trust in retail brands is in sharp decline.
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Carrefour director Alain Fretellière to leave the group
Carrefour director of private label Reflets de France Alain Fretellière will leave the group at the end of the month. Fretellière, who also leads relationships with small and medium-sized enterprises, was a driving force behind the creation of Reflets de France, a range of French gastronomic products, which has enjoyed ...
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OpinionSubstantial challenge ahead for Waterstone's
One of the most intriguing conundrums in UK retailing is Alexander Mamut’s prospects for reviving Waterstone’s, which he has entrusted to James Daunt, the highly regarded owner of a much smaller, seven-strong, London-centric competitor.
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Lidl implements ‘1 now & 1 later’ promotions
Schwarz Group’s discount store chain Lidl in the Netherlands has begun to implement ‘1 Nu & 1 Later’ (‘1 now & 1 later’) promotions. According to the retailer, it plans to reduce food waste at customers’ homes with these special offers. The products promoted in Lidl’s leaflets have a multi-buy ...
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AnalysisEmerging retailers: Still flying high?
Two years ago, 10 of the top emerging retailers gathered for a Retail Week photo shoot at the top of London’s Gherkin. Today, Charlotte Hardie revisits them to find out how they have fared amid the trials and tribulations of the continued downturn.
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NewsWar of words over Asda own-label market share claims
Supermarket group Sainsbury’s has rejected a claim made by Asda chief executive Andy Clarke at yesterday’s IGD Convention about the pair’s respective own-label market shares.
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NewsAurora launches first multi-brand international website
Clothing retailer Aurora Fashions, the company behind womenswear chains Oasis, Warehouse and Coast, has launched the first of its dedicated international websites in Germany today.
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NewsPoundstretcher makes first profit in six years
Poundstretcher has returned to profit for the first time since 2005 after a restructure and a cost reduction exercise.
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NewsHome Bargains profits soar
TJ Morris, which trades as Home Bargains, has reversed last year’s slowdown in profit growth but said it cannot be complacent in the challenging conditions.
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NewsSainsbury's aims to double British-sourced food sales by 2020
Sainsbury’s is aiming to double the amount of British-sourced food it sells by 2020.
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GalleryIn pictures: Holland & Barrett reveals new store format
Holland & Barrett is mulling European expansion as it opens its 700th store in the UK in Richmond
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NewsWickes Q3 like-for-likes down 2% as big ticket items suffer
DIY retailer Wickes like-for-likes slipped 0.5% in the 39 weeks to October 1, but worsened in the most recent 13 week period, falling 2%.
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NewsBurberry sales soar 30% in first half
Luxury fashion brand Burberry saw total revenue surge 30% to £830m in the six months to September 30.
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NewsFormer Best Buy boss joins MetaPack as chairman
Former Best Buy International chief executive Bob Willett has been appointed chairman at delivery management company MetaPack.