All articles by Retail Week reporters – Page 3
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Asda to anchor Shannons Mill project in Walsall
Asda Wal-Mart is to open one of the largest town centre food stores in the UK in Walsall, West Midlands.
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Hawes & Curtis added to Eurostar's retail line-up
Shirtmaker Hawes & Curtis has opened its first non-high street store, taking a retail outlet at the Eurostar terminal in London's Waterloo International station.
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Wilkinson takes control at Barry development
David McLean Developments has bought a key retail site in the centre of Barry, South Wales, and has pre-let the entire 13,000 sq ft (1,205 sq m) scheme to discount chain Wilkinson.
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Capital attracts raft to Watford's Harlequin Centre
Capital Shopping Centres has signed several more retailers for its Harlequin shopping centre in Watford, capitalising on the opening of Zara at the mall in April.
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Cambridge's Grand Arcade plan gets the go-ahead from Prescott
Deputy Prime Minister John Prescott has cleared the way for the controversial Grand Arcade development in Cambridge city centre.
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Catalyst Capital nets £43 million for Green Lanes
A private Irish investor has paid Catalyst Capital 43.2 million for the Green Lanes Shopping Centre in Barnstaple, Devon, reflecting a net initial yield of 5.8 per cent and an equivalent yield of 6.35 per cent.
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Saks to close 11 stores
Saks Fifth Avenue has announced the closure of eight eponymous stores and three Off 5th shops. Chairman and chief executive Fred Wilson said the decision was intended to rationalise the retailer's real estate portfolio and improve profitability.
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RILA adds three to board
The Retail Industry Leaders Association elected three members to its board last month. They are: Jo-Ann Stores chairman, president and chief executive Alan Rosskamm; Accenture retail and consumer goods global managing partner Jeffrey Smith; and Unilever president, home and personal care, North America, Hanish Manwani.
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Nelson quits Office Depot
Office Depot chairman and chief executive Bruce Nelson has resigned by mutual agreement. The board's finance committee chairman Neil Austrian is now interim chairman and chief executive.
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Kroger credit has rewards
Kroger has launched a branded credit card. The 1-2-3 Rewards Mastercard made its debut in parts of Ohio, in the US.
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RadioShack calls on Sam
RadioShack has signed a deal to operate kiosks selling phones and services at 542 outlets of Wal-Mart-owned Sam's Club. 'By adding another channel to our portfolio we are positioned to drive long-term shareholder value,' said RadioShack chief executive Leonard Roberts.
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GameStop set for spin-off
Barnes & Noble is to spin off its video game business GameStop. The former's chairman, Leonard Riggio, said the two businesses would be more valuable trading separately.
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H&M picks ILAC for Dublin store
H&M is to open its first flagship store in Dublin city centre at the city's ILAC mall.
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False weights are threat to US consumers
US retail food product weights are outstripping the amount declared on labels by as much as 72 per cent, according to a study published by the American Dietetic Association.
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Ahold's Spanish retail division is sold to Permira
Following months of speculation, Ahold has sold its Spanish retail division to venture capitalist Permira Funds for EUR685 million ( 472.3 million).
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