All Property articles – Page 248
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NewsThorntons to close more stores after profits hit
Thorntons pre-tax profits plummeted as poor trading and strong competition hit performance.
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NewsSports Direct strong Q3 ahead of expectations
Sports Direct retail sales grew 10.2% to £408.6m in the 13 weeks to January 22 as the retailer outperformed management expectations.
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Walmart Canada sets out ambitious expansion schedule
Walmart Canada has set out an ambitious expansion schedule for its 2012 financial year in which it hopes to complete a company record of at least 73 new projects. The various initiatives include building new stores and expanding, remodelling or relocating existing outlets. The retailer currently operates 333 stores, including ...
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News
Seven & I to enter Russian market
Japan-based Seven & I plans to enter the Russian market. The convenience store group is expected to set up a joint venture or franchise agreement with local partners, however, it has not yet commented on the development. Russian Franchising Association head Yuri Mickle said: “We have studied the strategy of ...
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NewsSwarovski reveals plans for lola&grace
Swarovski has revealed details of its new lola&grace brand, aimed at a “younger, trend-led” audience.
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AnalysisSchlecker insolvent after it fails to secure funding
Schlecker, which as recently as 2009 was by far Germany’s largest drugstore retailer, has filed for insolvency after negotiations for interim financing failed.
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NewsMamas & Papas steps up global expansion
Mamas & Papas is to open in Russia and South Africa as it steps up its global expansion.
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NewsHigh street must ‘shrink’ warns Sainsbury’s boss
Sainsbury’s chief executive Justin King is to call for a shrinking of the high street and for empty shops to be converted to housing.
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NewsForever 21 boss sounds caution on UK expansion
US fast fashion giant Forever 21 is taking a cautious approach to UK expansion as the macro-environment remains volatile.
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NewsHotel Chocolat to take dip in beauty market
Upmarket chocolatier Hotel Chocolat is mulling the launch of beauty products as it enters the European market for the first time.
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AnalysisCrisis disposals: When emergency surgery is needed
HMV and Game are selling parts of their business to preserve the core. Nicola Harrison reports on crisis disposals.
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OpinionDunelm steady under Wharton
Nicola Harrison has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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NewsPoundstretcher pounces to snap up 18 Ugo stores
UPDATED: Value retailer Poundstretcher has confirmed it has bought fledgling discount grocer Ugo, as revealed by Retail-Week.com this morning
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NewsSuperGroup blames slow January on discounting
Retailer dismisses price-cutting and considers China for long-term growth
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NewsMothercare mulls franchise model for UK
Ecommerce and brand strength to be leveraged as Simon Calver arrives from Lovefilm.
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NewsMountain Warehouse targets Poland for new phase of growth
Mountain Warehouse plans to aggressively expand in eastern Europe as it eyes 50 stores in Poland following its launch in the country late last year.
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NewsEdinburgh Woollen Mill in the frame to buy Peacocks
Edinburgh Woollen Mill has emerged as one of the four bidders in the running to buy collapsed value clothing retailer Peacocks, Retail Week understands.
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NewsPeacocks receives four bids in second round
Peacocks administrator KPMG has received four second round bids to buy the business, or parts of it, out of administration, it is understood.
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AnalysisIn the news: Incoming Home Retail chief executive John Walden profiled
UPDATED: Argos managing director John Walden was an obvious choice to replace outgoing Home Retail chief executive Terry Duddy.
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NewsAmazon considers first physical store
Amazon is to open its first physical shop as it looks to showcase its Kindle.