All Retail Week articles in October 23, 2009 – Page 2
-
OpinionIs multichannel worth the money?
Investment in ecommerce and creating a multichannel customer experience is no longer optional according to the many retailers I’ve seen present at various ecommerce events in the past couple of weeks.
-
NewsArcadia profits soar
Sir Philip Green’s Arcadia Group has reported a 13% rise in pre-tax profits, despite the recession.
-
NewsDebenhams posts market share and profits rise
Department store group Debenhams took market share from rivals last year, when it also transformed its trading space and increased margin.
-
NewsTesco opens first self-service only shop
Grocery giant Tesco has opened the UK’s first completely self-service shop – an Express convenience store in Kingsley, Northampton.
-
NewsSports Direct trading stays in line with expectations
Sports Direct has said that trading has remained in line with group expectations and is on track to achieve underlying EBITDA of at least £150m in its current financial year.
-
NewsRetailers suffer flat September sales
Retail sales growth was flat month on month in September, the Office of National Statistics reported. The findings confounded expectations of a rise.
-
-
News
Retailers in line for £20m in-store music refund
A legal victory for retailers has raised the prospect of a £20m refund to the industry after a ruling that increased copyright fees for playing music in-store were excessive.
-
OpinionWill Arcadia's Cinderellas come to the ball?
In what has been an extremely turbulent year for the fashion market, the shining lights in Arcadia’s laudable 13% profit rise were once again Topshop, Topman and Miss Selfridge.
-
News
Casino’s consolidated net sales contracted by a reported 1.4%
Casino’s consolidated net sales contracted by a reported 1.4% in the third quarter of 2009, on the back of a 2.6% decline in the first half.Reported sales in France were down 5.3%, a performance in line with the first-half trend.Overseas, reported growth came to 6%, up from 2.4% in the ...
-
News
FAS plans to clear takeover of Paterson by X5 Retail Group.
Russia’s Federal Antimonopoly Service (FAS) plans to clear the takeover of Russian retailer Paterson by X5 Retail Group.FAS director Igor Artemyev said the service would approve the transaction on the condition that X5 Retail sells Paterson’s stores in St Petersburg “within some reasonable time frame, maybe six months” in order ...
-
AnalysisChris Woodhouse has plenty to feel bullish about
On the back of a successful float, shrewd debt handling and an expected rise in profits, the Debenhams finance director has plenty to feel bullish about, says George MacDonald.
-
News
Jumbo wins the battle to acquire Casino’s subsidiary Super de Boer
Dutch supermarket group Jumbo has won the battle to acquire Casino’s subsidiary Super de Boer after raising its original offer.The new offer values the company at E552.5m (£503.5m). Super de Boer has become something of a prized asset, with various supermarkets bidding for the chain after Jumbo’s original offer.“This is ...
-
News
Lotte Shopping has agrees to acquire Times
Lotte Shopping has agreed to acquire Chinese hypermarket operator Times.A Lotte Group spokesman said: “We have in effect acquired Times, although some processes [to complete the deal] remain.”Lotte Shopping will purchase a 72.3% stake in the company from chairman Kenneth Fang. The South Korean retailer is believed to have outbid ...
-
NewsDwell hires chairman as it eyes Habitat acquisition
Mid-market furniture retailer Dwell has made Neil McCausland chairman and is considering bidding for all or parts of Habitat if it is put up for sale by Ikea owner ICAF Antillen.
-
NewsAdams plots expansion to claw back position under new owner
The new owner of Adams Childrenswear has vowed to return the retailer to its former position as a high street leader with an aggressive store expansion programme and more premium offer.
-
NewsGIVe adopts planning system for products
George Davies’ latest retail venture GIVe has introduced a planning and product development system from Decision Systems to support its operation and help the new chain optimise its merchandise mix.
-
NewsClinton to expand store chains after better than expected trading
Greetings cards retailer Clinton Cards is gunning to grow its store base from 876 to 1,200 within six years and has revealed better than expected full-year trading.
-
NewsBrokers mixed after Morrisons visit
Grocer Morrisons held an investor day on Monday, when it took analysts on a tour of new small-format stores and a regional distribution centre on the south coast.
-
NewsFood hots up after Sainsbury’s bid talk
Investor appetite grew for food retailers as speculation swirled that Qatar’s sovereign wealth fund was once again considering a bid for Sainsbury’s.