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).

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