All Retail Week articles in October 21 2011
Browse all news stories and articles from this date or time period.
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News
Neiman Marcus looks to cater for the Chinese consumer market
Department store retailer Neiman Marcus has said it is looking to expand into the Chinese consumer market, initially looking to cater to Chinese residents who travel to the US.Neiman Marcus Stores executive vice-president Neva Hall said that the company is tapping the expertise gained by its staff in gateway cities ...
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News
Metro Group plans new store openings
German retailer Metro Group says it plans to benefit from the sustained economic boom in Turkey with the opening of 24 new Metro Cash & Carry, Real, Media Markt and Saturn stores by the end of 2012. Speaking in Istanbul, Metro Cash & Carry and Real Group chief executive Joël ...
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GalleryMarks & Spencer, Edgware Road, London
Style Online, Kiosk Corner, call it what you will, the new digital area just inside the door of the Marks & Spencer store on Edgware Road is perfectly placed for time-pressed shoppers.
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GalleryUniqlo: Colour it in
Uniqlo Regent Street has just emerged from a three-month makeover with a new look intended to bring it into line with the retailer’s global flagships. John Ryan reports.
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News
Builders Warehouse enters Botswana
Builders Warehouse, the DIY chain operated by Walmart-controlled South African retail and wholesale group Massmart, has entered Botswana, marking its first step outside its home market.Llewellyn Walters, chief executive of Massmart’s DIY holding Massbuild, said: “We look forward to bringing customers the best choice at the lowest possible prices, with ...
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News
Japanese retailer Aeon plans expansion in Vietnam
Japanese retailer Aeon has stated its plans to expand its presence in Vietnam. Its first supermarket will be located in Ho Chi Minh City, and will be open by 2014. The company is scheduled to obtain an investment licence from the Vietnamese government. In Vietnam, Aeon operates its Aeon Credit ...
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News
Lawson reports net profit fall
Convenience store operator Lawson has reported its financial results for the six months ended August 2011.Net profit fell 27% to ¥8.96bn (£68.6m) from ¥12.29bn (£90.6m) for the same period last year. The drop was due in part to losses related to new accounting standards. Operating profit experienced an 8% gain, ...
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News
Electronics retailer Bic Camera posts net sales increase
Electronics retailer Bic Camera posted a 0.6% increase in net sales to ¥612.1bn (£4.7bn) for its financial year ended August 31. Operating profit for the period soared 35% to ¥19.9bn (£152.4m), while net profit rocketed 51.7% to ¥9bn (£68.9m).Bic Camera said sales of household appliances had benefited from the government’s ...
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NewsAsos shoe row settled
Asos is understood to have paid damages to fashion group Arcadia to put an end to a legal dispute over copyright infringement.
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NewsAsda boss plays it cool over price war
Grocery price wars? Nothing’s changed judging by Asda boss Andy Clarke’s attitude.
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News
Gap announces plans to shut a fifth of its stores
Fashion retailer Gap has announced that it plans to shut more than a fifth of its Gap stores in North America over the next two years. The retailer recognised that it had expanded to such an extent that the US market became oversaturated with its stores. As a result, Gap ...
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AnalysisSimon Smith
Travel has become a vital part of WHSmith’s growth, as recognised by the chief operating officer’s promotion to managing director. Tiffany Holland profiles him.
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AnalysisWiggle room
From humble roots Wiggle has grown to be a multinational etail pioneer – and now it is even considering stores. Nicola Harrison reports.
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OpinionRates rise could render Portas plan irrelevant
It was standing room only in Committee Room 9 in the Houses of Parliament on Tuesday morning.
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OpinionThe importance of start-up spirit
New businesses and job creation will be driven by entrepreneurs, says David Wild.
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OpinionInternational growth remains a priority for retailers
Very few retailers today can boast a slot on the global retail rankings without in fact having an international presence.
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OpinionRetail surgery: Can suppliers retain ownership of goods until payment?
It is possible for our suppliers to retain ownership of goods until they receive payment?
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NewsIn focus: Halfords
People are spending less on their cars, so the retailer is investing in the booming cycling market by Tiffany holland.
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OpinionWHSmith pushes the envelope
WHSmith has never been the most exciting of retailers. In the last few years its City updates have followed the same reassuring yet predictable path – rising profits as further cost savings are found, and falling sales, particularly in its high street arm.