Retail Week online team
- News
Cash chief for Floors-2-Go
AIM-listed Floors 2 Go has appointed Edward Taylor as finance director with immediate effect. He joins from International Decorative Surfaces, a division of French business St Gobain.
- News
Floors-2-Go sales rocket
AIM-listed Floors 2 Go reported a 124 per cent increase in first-half turnover to £34.9 million, and operating profit up from £700,000 to £2.9 million.
- News
Floors-2-go set for expansion after £63m float
Specialist retailer Floors-2-Go, which floated on AIM last week capitalised at £63 million, is on the expansion tra...
- News
First Levi's For Girls outlet opens in Paris
Levi's is targeting female shoppers with its first Levi's For Girls store, which opened in Paris on Tuesday. More shops will follow next year.
- News
JJB ready to take price-fixing case to European court
Sports giant JJB is to appeal against the £8.4 million fine imposed last week by the OFT for fixing football shirt ...
- News
Fat Face to float?
Former New Look supremo Stephen Sunnucks has joined Fat Face as a non-exec, sparking speculation of an imminent flo…
- News
Mills is defiant on Ravenscraig legal challenges
The Mills Corporation has shrugged off legal challenges to its proposed 1 million sq ft (92,900 sq m) retail and leisure development at Ravenscraig, the former steelworks east of Glasgow.
- News
Vendex awaits V&D profit
Dutch retailer Vendex KBB anticipates its struggling V&D department store chain will post a profit this year. However, it is likely that a Eu1.6 billion (£1.07 billion) sale of the entire group will be completed before then.
- News
Vendex takes action to cap V&D's losses
Dutch retail giant Vendex has parachuted new management into department store chain Vroom & Dreesmann to cap spiralling operating losses that are expected to hit EUR 30 million to EUR 50 million (£20.7 million to £34.5 million) this year.
- News
China to get Seven-Eleven Japan
C-store giant Seven-Eleven Japan plans to expand aggressively into China after forging a joint venture in Beijing.
- News
Cortefiel set to expand in China
Spanish retailer Cortefiel has set its sights on expansion in China, with a franchise deal to open 200 Springfield stores over the next five years.
- News
Dr China opens Yeovil store as battle hots up
Chinese medicine's long march is continuing across the UK. Dr China has added to its 30-plus-strong chain by taking a 15-year FRI lease on a unit in Middle Street, Yeovil at £41,500 a year, which equates to a Zone A of £78 per sq ft (£840 per sq m).
- News
China for Carrefour
Carrefour, the French global retailer, intends to open its first supermarkets in China by early next year. The store group will also double hypermarket numbers in China from 36 to 70.
- News
Ikea moves on China
Swedish furniture powerhouse Ikea wants to open 10 shops in China over the next seven years. At present, China, where Ikea has two shops, accounts for 1 per cent of the retailer's sales, but growth is expected to be faster than in other countries.
- News
Watsons to double in China
Hutchison Whampoa-owned Watsons will double store numbers on the Chinese mainland by next year. The health and beauty retailer, one of the world's biggest, has 80 stores there at present.
- News
Aeon to open in China
Japanese retailer Aeon Stores has become the first foreign retailer permitted to open a wholly-owned general merchandise chain on the Chinese mainland, under the closer economic partnership arrangement (Cepa). Aeon will open its first store there this year, and plans 100.
- News
Fraser Hart joins the line-up at Fremlin Walk
Jeweller Fraser Hart is the latest retailer to take a unit at Fremlin Walk, Centros Miller's £100 million shopping development at Maidstone in Kent.
- News
Wal-Mart cracks China
Wal-Mart has agreed a joint venture with Chinese utilities and financial group Citic. Details of plans have not been disclosed, but the initiative is seen as key to growth on the fast-developing East Coast. Wal-Mart has 22 stores in China.
- News
Armani to open at Met Quarter in Liverpool
Armani has agreed to become the second anchor at Milligan's 120,000 sq ft (11,150 sq m) Met Quarter development in Liverpool.
- News
Sainsbury's snub Madge
Lord Sainsbury bought the house next door to his Holland Park residence to stop Madonna moving in. His wife was horrified by the prospect of paparazzi camping outside her door. (Daily Mail).