Sainsbury’s to open first ‘dark store’ to fulfil online orders Monday, 14th October 2013
Sainsbury’s has announced it will open its first distribution centre dedicated to serving online grocery orders after a surge in internet shopping at the retailer in the southeast of England.
Matalan heiress looks to rejuvenate Nicole Farhi and Fenn Wright Manson brands Monday, 16th September 2013
Maxine Hargreaves- Adams, the daughter of Matalan founder John Hargreaves and the new owner of Nicole Farhi and Fenn Wright Manson, is said to be busy planning a revival for the designer labels. Based in Monaco, Hagreaves-Adams told the Guardian that she is now looking to expand both fashion brands internationally, after investing more than £5.4 million of her own money into the Farhi and Fenn Wright Manson labels.
Fawaz Alhokair ramps up expansion drive with 250 new stores Thursday, 5th September 2013
Saudi Arabian retail franchise specialist Fawaz Abdulaziz Alhokair has revealed plans to open nearly 250 stores at home and overseas this financial year, as its domestic market goes from strength to strength.
Waitrose set to expand c-store roll-out Monday, 2nd September 2013
Waitrose has announced it will continue to roll-out its convenience store, little Waitrose format stores over the next year, creating up to 650 new roles at the retailer. The grocer says it plans to increase its presence in the next 12 months through at least ten new little Waitrose shops.
Unilever eyes emerging markets for expansion Tuesday, 9th July 2013
The world’s third largest consumer goods company on Tuesday revealed it will be expanding further into emerging markets. Speaking to the BBC’s Jonathan Head, Unilever chief executive Paul Polman said he wanted the company to expand into new markets, strengthening the company’s name as a universal brand.
After Topshop, Arcadia now in talks to expand Miss Selfridge in US Friday, 21st June 2013
Sir Philip Green’s Arcadia Group is said to be in talks to expand its presence in the US after the initial success of its stateside Topshop stores. WWD reported Arcadia this week unveiled its first US “group preview” of its Miss Selfridge, Dorothy Perkins, Evans and Wallis brands in Manhattan.
IKEA developer presses on with Chinese expansion Thursday, 6th June 2013
Inter IKEA, a development company closely tied to the Swedish furniture retailer, is said to be looking for new locations for Chinese shopping malls as it moves to complete USD 1.6 billion in existing projects. According to a report by the Wall Street Journal, Inter IKEA Centre Group is now considering a number of affluent Chinese cities, including Beijing, Shanghai and Guangzhou for potential locations for new malls.
Hong Kong tops world’s ‘hottest’ retail markets Tuesday, 21st May 2013
New report from CBRE lists Hong Kong as the world’s hottest retail market, with 51 new retailers entering the market in 2012. The property consultants found Kiev and Berlin made second and third place, while Singapore came in joint fourth place with Dubai, with 25 new retailers choosing the emirate to launch new stores.
Costa Coffee tops £1bn annual sales Wednesday, 1st May 2013
Full-year sales rose 22 per cent for Costa to break the £1 billion sales mark, as the coffee house revealed ambitious expansion plans to compete with rivals. Costa Coffee on Tuesday announced a 22 per cent rise in sales for the year March, with sales in UK stores excluding franchised outlets rising 24 per cent to £592 million.
Overseas online sales to generate £28bn for British retailers by 2020 Tuesday, 30th April 2013
Online sales generated by UK retailers from international markets are expected to generate £28 billion by 2020, according to new research released on Tuesday. The report, by OC&C Strategy Consultants in collaboration with Google, predicts that international online sales will soon outpace domestic ones to make up 40 per cent of total online sales by 2020.
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