All Retail Week articles in October 16, 2009 – Page 4
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NewsShopper certainty ‘won’t recover with economy’
The majority of shoppers will be more careful about spending money in the future than they are currently regardless of economic recovery, according to research published by grocery analyst IGD.
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PPR to float CFAO
Luxury and retail group PPR has announced plans to float its CFAO distribution unit.The African division will be floated on the Euronext stock exchange in Paris by the end of the year, subject to favourable market conditions. The high-growth CFAO unit generated sales of e2.86bn (£2.45bn) last year.
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Danish variety chain Tiger plots UK expansion
Danish variety store group Tiger is embarking on UK expansion and plans to open 20 shops in the next two years.
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JC Penney signs Liz Claiborne licensing deal
US Department store chain JC Penney has signed a licensing agreement with Liz Claiborne to exclusively sell its namesake line of clothing in stores beginning in autumn next year.The 10-year deal includes 30 categories from apparel and accessories, including jewellery, shoes anda home merchandise. After five years, JC Penney will ...
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AnalysisWhat can the classroom teach the shopfloor?
Nothing beats learning the retail ropes on the shopfloor, but learning the theory can help day-to-day managing and further a career, says Sara McCorquodale
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AnalysisUS warehouse clubs suffer as discretionary spend dips
US warehouse club operators like Costco will have to brace themselves for more difficult trading in the near term
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NewsGeorge collaboration portal cuts overseas costs
George is using an online collaboration portal to deliver “George in a box” to Wal-mart’s businesses around the world.
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Co-op plans price cuts as like-for-likes swell
Co-operative Group is to continue to drive down prices at its food division to compete with the big four grocers after revealing market-beating like-for-like food sales in its interim results.
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AnalysisLike-for-like sales: time for a different measure?
Like-for-like sales figures are the measure the retail industry has traditionally judged itself on. But how relevant are they in the multichannel world and what can replace them?
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Shop Direct’s Very gets off to sell-out start
Shop Direct Group has said its new Very offer had a promising start, which was rebranded from Littlewoods Direct in July.
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Family Dollar Store profits up
Family Dollar Stores posted a 25% net income increase to $291.3m (£178.2m) for the financial year ending August 29, up on the $233.1m (£142.6m) reported the year earlier. Operating profit, as a percentage of sales, was 6.1% for the period compared with 5.2% last year. Sales were $7.4bn (£4.5bn), a ...
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OpinionDSGi has everything to play for
While DSGi chief executive John Browett has been busy renewing and transforming his business, the electricals market is also changing around him and the pace shows no sign of slowing.
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Gianni Versace plans Japan exit
Designer fashion brand Gianni Versace plans to exit the Japanese market due to a slowdown in consumer spending.Its three stores in Tokyo, Osaka and Chiba will be shut and liquidation measures are expected to be complete by the end of the year. “The Versace boutiques in Japan no longer represented ...
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OpinionFloats need proper preparation
A float is not an end in itself but a new beginning, which brings with it a variety of unaccustomed challenges, disciplines and temptations.
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OpinionUse retail’s voice for greater good
Retailers can use their connections with consumers to help good causes, says Jacqueline Gold
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NewsHalfords to increase its online-only range
Halfords is to ramp up its online operations and revealed a 2.2% uplift in second-quarter sales.
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NewsH&M and HMV target Oxford Street Zavvi site
Entertainment retailer HMV and fashion chain H&M are in the final stages of signing for shops in the prominent former Zavvi store at the east end of London’s Oxford Street.
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GalleryStore of the Week: Orange, Milton Keynes
Mobile network Orange opened what it says is its first UK multimedia store last week in Milton Keynes.
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NewsWestfield London signs luxury retailers to The Village
Westfield London has secured a raft of retailers for its luxury area as it nears its one-year anniversary.
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US Retail sales rise
US Retail sales have risen for the first time since the financial crisis started in September last year.This year, September’s sales were up 1.1% on the same month last year, according to the Retail Metrics like-for-likes sales index. The rise was attributed to stronger autumn fashions, more aggressive promotional activity ...