All Retail Week articles in October 15, 2010 – Page 3
-
AnalysisQuality takes upper hand in value battle
Customers are redefining value and ‘returning to quality’. So what does the future hold for discount retailers?
-
NewsIn Focus: Holland & Barrett
Name a leading food retailer with healthy double digit margins? There’s a clue in the question.
-
NewsTed Baker profits boosted as customers smarten up
Strong sales of formalwear at Ted Baker helped to drive a 25% increase in first-half profits as customers looked for smarter product during the downturn.
-
AnalysisWord of mouth marketing: good or bad?
Word of mouth marketing is claimed to be the coming thing, but can this powerful tool do as much ill as good?
-
NewsChristmas comes early for Argos with three-for-two toy promotion
Catalogue store group Argos shifted 2 million units during its three-for-two toy promotion a fortnight ago, staged to make an early play for Christmas sales.
-
AnalysisTaking the right approach at store manager conferences
Store manager conferences can be a powerful business tool to motivate as well as reward if the right approach is taken
-
NewsFenchurch appoints retail manager
Urban clothing retailer Fenchurch has appointed Gap’s Alexis Potter as its first retail manager, as it embarks on a European store expansion.
-
NewsWHSmith and Dixons join forces for ebook download app deal
Bookseller WHSmith has struck a deal with Dixons to embed an ebook download app on e-readers and tablet devices sold by the electricals group.
-
OpinionPrice alone not enough for value specialists
One of the many things we’ll miss about Sir Stuart Rose when he retires next year is the frequency with which he says “value is a function of price times quality”. Never has that been truer than today.
-
NewsN Brown on the acquisition trail after strong start to year
Home Shopping group N Brown is eyeing further acquisitions to drive growth as it revealed a strong first half.
-
NewsHalfords set to cut space as web sales accelerate
Retailer to cut space by at least 15% as online allows it to downsize its portfolio.
-
News
Seven & I Holdings profits rise 91% in Q2
Convenience store owner Seven & I Holdings reported net profit rose 91% in the second quarter ended August 31 compared with the previous year, thanks to the strong performance of its convenience stores and the unusually hot summer. The company reported a net profit of ¥38.13bn (£292m) compared with a ...
-
News
Fast Retailing expects profits to fall next year as global competition toughens
Fast Retailing expects its profits to fall next year as global competition toughens. The Japanese company said it expected operating profit to fall 14.3% to ¥113.5bn (£869m) for the year to August 2011, despite managing a 21.9% increase in operating profit in the year to August 2010. The company said ...
-
News
South Korea parliament considers limits on supermarket business
The country’s parliament is considering two bills that would impose restrictions on the opening and business of large supermarkets. Under one bill, currently passing through parliament, opening an urban supermarket with an area of between 10,760 sq ft and 32,290 sq ft would require permission from the local government. ...
-
News
Costco annual sales hit £47.78bn
Grocery retailer Costco has reported net sales hit $76.25bn (£47.78bn) for the full year ended August 29, up 9% on the previous year. Like-for-like sales rose 4%, with the US up 2% and international up 8%. Costco currently operates 573 warehouse clubs, including 417 in the US and Puerto Rico, ...
-
News
99¢ Only Stores Q2 sales increase 2.7%
Discount chain 99¢ Only Stores recorded a 2.7% increase in sales during its second quarter to $334m (£209m). Like-for-like sales grew by 0.6%. During the second quarter the company opened four stores and closed one. CEO Eric Schiffer commented: “We believe that we will have a strong holiday season, and, ...
-
News
Target considers entering Canada
US general merchandise retailer Target is considering entering Canada with as many as 200 stores, in the company’s first move beyond US borders. The discount retailer gave the clearest indication of its intention so far when its representatives spent the past few days meeting with Canadian developers at a shopping ...
-
News
Amazon acquires Spanish ecommerce company BuyVIP for £61.4m
Amazon has announced it has completed the acquisition of the Spanish ecommerce company BuyVIP for about €70m (£61.4m). BuyVip offers overstock items from brands such as Dolce & Gabbana, Louis Vuitton and Levi’s at steep discounts. The company doesn’t buy the stock itself but acts as a broker between fashion ...
-
News
dm-drogerie markt tops £3.5bn in sales
Drugstore retailer dm-drogerie markt topped the €4bn (£3.5bn) sales mark in Germany in the financial year ended September 30, a sales increase of at least 7% on 2008/09. Although a reduction compared with the double-digit growth rate it achieved over the past couple of years, the company said the sales ...
-
News
Pandora raises £1.3bn through IPO
Jewellery manufacturer and retailer Pandora had a successful IPO raising $2.1bn (£1.3bn). Demand was high as the company continues to grow sales in Europe and the US, where its charm bracelets are becoming increasingly popular.