All Retail Week articles in October 2004 – Page 5
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Cambridge's Grand Arcade plan gets the go-ahead from Prescott
Deputy Prime Minister John Prescott has cleared the way for the controversial Grand Arcade development in Cambridge city centre.
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Catalyst Capital nets £43 million for Green Lanes
A private Irish investor has paid Catalyst Capital 43.2 million for the Green Lanes Shopping Centre in Barnstaple, Devon, reflecting a net initial yield of 5.8 per cent and an equivalent yield of 6.35 per cent.
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Lerner to lead Holt Renfrew
Canadian department store Holt Renfrew has appointed Escada US chief marketing officer Caryn Lerner as president. She replaces Andrew Jennings, who left the nine-store chain in February for Saks Fifth Avenue.
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Saks to close 11 stores
Saks Fifth Avenue has announced the closure of eight eponymous stores and three Off 5th shops. Chairman and chief executive Fred Wilson said the decision was intended to rationalise the retailer's real estate portfolio and improve profitability.
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Stanfords - Putting travel stores back on the map
No one could be happier about the globetrotting obsession gripping us all than the owners of map and travel guide shop Stanfords. From city breaks to world trips, our love of travel rang the three-store chain's tills to the tune of 6.5 million last year.
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RILA adds three to board
The Retail Industry Leaders Association elected three members to its board last month. They are: Jo-Ann Stores chairman, president and chief executive Alan Rosskamm; Accenture retail and consumer goods global managing partner Jeffrey Smith; and Unilever president, home and personal care, North America, Hanish Manwani.
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Nelson quits Office Depot
Office Depot chairman and chief executive Bruce Nelson has resigned by mutual agreement. The board's finance committee chairman Neil Austrian is now interim chairman and chief executive.
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Kroger credit has rewards
Kroger has launched a branded credit card. The 1-2-3 Rewards Mastercard made its debut in parts of Ohio, in the US.
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RadioShack calls on Sam
RadioShack has signed a deal to operate kiosks selling phones and services at 542 outlets of Wal-Mart-owned Sam's Club. 'By adding another channel to our portfolio we are positioned to drive long-term shareholder value,' said RadioShack chief executive Leonard Roberts.
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GameStop set for spin-off
Barnes & Noble is to spin off its video game business GameStop. The former's chairman, Leonard Riggio, said the two businesses would be more valuable trading separately.
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Next to head up Ireland's first dedicated fashion retail park
Ireland is to get its first dedicated fashion retail park, close to the existing Blanchardstown shopping centre, west Dublin.
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Glasgow to get Zara's first out-of-town store in UK
Zara is to open its first out-of-town store in the UK. It has reserved an 18,000 sq ft (1,670 sq m) unit at the Glasgow Fort shopping park at Easterhouse in Glasgow, which is expected to open in December.
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H&M focuses on product to fend off price deflation
H&M hopes to put a brake on price deflation by improving the quality of its ranges.
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H&M picks ILAC for Dublin store
H&M is to open its first flagship store in Dublin city centre at the city's ILAC mall.
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Canada bans low-carb packaging claims
The Canadian government has announced a ban on labels that promote the sale of foods low in carbohydrates.
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The Restaurant Group looks for 20 more sites
The Restaurant Group has launched a three-year expansion programme for its Frankie & Benny's and Chiquito's restaurant chains.
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Instability woes put investors off Russian market
Western retailers are avoiding investing in Russia in favour of other more attractive markets, according to the boss of one of the country's largest supermarket chains.
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Delhaize takes bite of US with Victory purchase
Belgian retailer Delhaize has strengthened its US presence with the acquisition of Victory Super Markets for US$175 million ( 96.5 million).
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Sainsbury's food store will serve new Milton Keynes development
Sainsbury's is to develop a city centre food store in Milton Keynes, Buckinghamshire, as part of a major development planned by English Partnerships to kick-start the new generation of development.