All USA articles – Page 26
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Opinion
N Brown overlooked
While the etail era has made online outfitter Asos a share price star, another retailer well placed to benefit from changing shopper habits has been overlooked.
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AnalysisJacqueline Gold
Despite its latest campaign upsetting M&S, Ann Summers boss Jacqueline Gold has no plans to tone down the retailer’s tongue-in-cheek appeal.
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NewsTesco’s candour impresses City
The City was impressed with Tesco chief executive Phil Clarke last week when he delivered his first full-year results, although sales slipped slightly by 1.28% on the day.
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NewsAnn Summers to move overseas once global economy improves
Ann Summers is eyeing international markets to expand its lingerie and sex toys business.
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AnalysisBest Buy returns to the basics in its bid for growth
Electronics retailer Best Buy has struggled of late and has outlined three new strategic priorities, which it believes will help it capture new growth opportunities in key categories and channels, fund growth efforts through structural opportunities and improve returns.
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AnalysisThe Sainsbury's plan for growth
Sainsbury’s has defied the odds by having a good recession, now it’s on the expansion trail, Tim Danaher finds out more about its plans.
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NewsMydeco ramps up overseas expansion
Furniture and homewares etailer Mydeco.com is eyeing further international markets as it seeks to widen its customer base.
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NewsTesco stays on target but UK disappoints
Tesco’s first set of prelims under new boss Phil Clarke came in much as expected, although there were some City worries at the UK performance and scale of US losses.
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News
Software optimises Boden’s content
Fashion etailer Boden has increased sales and conversion rates after installing software to help it find the optimum way of presenting its content.
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NewsBest Buy Europe to sell off Belgian Phone House
Best Buy Europe, the joint venture between Carphone Warehouse and US electricals group Best Buy, is to sell its Belgian retail business.
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NewsBigger role for Sunnucks as Gap picks London as its non-US base
US fashion giant Gap is to take advantage of the UK’s “great retail talent” by making London its new international hub as it improves efficiencies across the business.
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Opinion
Tesco needs to rekindle UK shoppers' affection
In his short time in charge of Tesco, Phil Clarke has already shown he’s one for straight talking.
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News
Walmart chief for the US William Simon confident of reversing the fortunes of the retailer
Walmart chief for the US William Simon said he was confident of reversing the fortunes of the retailer after seven consecutive quarters of domestic sales declines at stores open at least a year.Part of his strategy includes returning to the Everyday Low Prices formula, after it veered to discounting. He ...
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News
Dissident Publix shareholders launch campaign to replace grocer's board
A group of dissident Publix shareholders has launched a campaign to elect its own slate of nine directors to replace the existing grocer’s board, which is made up of five heirs and relatives of the chain’s founder, George Jenkins. The group is also pushing for the retailer to launch an ...
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News
Netflix to link accounts with Facebook
Netflix has reportedly begun asking users to link their Netflix accounts with Facebook in order to share information about what films they are watching with friends and family.Netflix has been rolling out versions of the new Facebook integration to test users over the past few weeks. Facebook is increasingly being ...
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News
Williams-Sonoma Q4 net revenues up 9.7% to £740m
Home furnishings retailer Williams-Sonoma has reported net revenues in its fourth quarter increased 9.7% to $1.2bn (£740m), including internet net revenue growth of 27.2% and a like-for-like sales increase of 5.2%.At the company’s mail order unit, Direct-to-customer (DTC), net revenues increased 17.3% to $466m (£287m), primarily driven by the Pottery ...
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News
Walgreens sells its pharmacy benefit management business
Walgreens has sold its pharmacy benefit management business Walgreens Health Initiatives (WHI) to Catalyst Health Solutions for $525m (£450m), subject to certain adjustments. The transaction is structured as an acquisition of all the capital stock of WHI.Walgreens will retain and look to continue growing its speciality pharmacy and mail service ...
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News
Blockbuster to go ahead with its proposed £180m sale to investors
Troubled retailer Blockbuster has been given clearance by the US courts to go ahead with its proposed $290m (£180m) sale to investors, overcoming fears that the group may file for Chapter 7 liquidation.The retailer had come under pressure from creditors, including a growing number of movie studios that were owed ...
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News
Gap to close 200 of its 900 stores worldwide by 2013
Clothing giant Gap is to close 200 of its 900 stores worldwide by 2013, and has stated that part of its difficulties are due to it not investing enough in attracting ethnic minority customers in the US. Chairman and chief executive Glenn Murphy said Gap’s market share among African-, Asian- ...
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News
Big Lots net Q4 sales up 3.8% to £934m
Discount retailer Big Lots reported that net sales increased 3.8% to $1.52bn (£934m) in the fourth quarter, while net income increased to $110m (£68m) from the $105.4m (£65m) compared with the same period last year.The retailer reported strong 2010 full-year results. Net sales increased 4.8% to $4.9bn (£3bn) and net ...