Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
Is Costa Coffee preparing a Parisian expansion? Thursday, 25th April 2013
Costa Coffee owner Whitbread is reportedly on the hunt for high street stores in Paris as it looks to expand the chain’s presence across the Channel. The coffee chain, which is the second largest in the world behind Starbucks and the largest in the UK, has been running outlets at a number of travel hubs across Spain, Portugal and the Gare de Lyon rail station in Paris to help test interest in the brand on the continent.
In the money: M&S to launch bank branches Friday, 8th June 2012
Marks & Spencer has announced plans to open its first bank branch at its flagship Marble Arch store this summer, before rolling out to 50 larger outlets in the UK over the next two years, according to a report by the Telegraph. The department store group hopes to cash in on its strong brand identity in the UK, by keeping its banks open twice as long as high street banks, " mirroring M&S store opening hours and enabling customers to bank while they shop, seven days a week".
McArthurGlen reports on record Christmas trading Wednesday, 18th January 2012
The McArthurGlen designer outlet in Ashford, Kent
The designer outlet group has reported record trading days over the peak Christmas period, boosted by a strong early shopper spend in November. McArthurGlen group said year-on-year sales and footfall increased 11.6 per cent and 11.1 per cent respectively from 7 November to 31 December.
JD Sports locked in advanced talks with Blacks Leisure Monday, 9th January 2012
JD Sports has confirmed it is involved in “advanced discussions” with Blacks Leisure to buy its assets. A deal is now expected to be completed via a pre-pack arrangement, under which Blacks will briefly go into administration before being bought. The talks follow reports from Friday that JD offered Blacks about £20 million for its assets.
“We’re getting our groove back” American Apparel’s Dov Charney remarks on results Friday, 6th January 2012
Chief executive and chairman of the young fashion company, Dov Charney interrupted his American road trip to remark on the company’s strong December sales. “We’re getting our groove back a bit,” Charney told press, attributing the increase in sales due to improvements in product efficiency over the 2010 period.
American Eagle spreads its wings with new global stores Monday, 26th December 2011
The US-based clothing chain has opened its first stores in Morocco, Jordan and Egypt over the past month, as the company looks to increase its global presence in new markets. American Eagle has teamed up with M.H. Alshaya as its franchise partner, which also operates stores for the brand in Kuwait and the United Arab Emirates.
Coach profit rises 14%, beats Wall Street estimates Tuesday, 25th October 2011
Coach Inc on Tuesday announced first quarter profit increased 14 per cent for the luxury leather accessories brand. The results managed to beat Wall Street expectations, seeing shares in Coach rise 2 per cent in pre-market trading. Chief executive Lew Frankfort said Coach is “well positioned for another excellent holiday season,” due to a steady momentum of business as well as a breadth of offerings.
First Pandora factory outlet arrives at Bicester Village Monday, 10th October 2011
Danish jewellery brand Pandora opened its first factory outlet store at Bicester Village in Oxfordshire this weekend. The 4,000 sq ft store could become the first in a roll-out of Pandora factory outlets across the UK.
McArthurGlen sees August designer sales rise 66% Monday, 26th September 2011
Designer outlet group McArthurGlen is celebrating a rise in sales of designer collections year-on-year across its seven UK centres. Sales were driven by the addition of four new fashion brands available in its centres, as well as a chilly August encouraging sales of Autumn/Winter fashions. Henrik Madsen, managing director for McArthurGlen Northern Europe, said: “Over the last six months we have introduced four new designer fashion brands to our UK portfolio - Gant, Guess, Reiss and Wolford.
Co-ops chops 40 jobs at Scottish stores Friday, 19th August 2011
The Co-op is to close two Somerfield sites in Annan and Lockerbie after poor trading performances in southern Scotland.
About 40 jobs will be cut after the Co-op confirmed its plans to shut the two outlets on 28 September.
A company spokesman said the decision to close the facilities had been taken the “the greatest reluctance”.
He added that "every effort" would be made to redeploy staff within the Co-operative group or find them alternative employment.
"The closures are due to the stores' poor trading performance," he said.
"They are not, in any way, a reflection on the commitment and hard work of the store teams.
"The Co-operative food store in Butts Street, Annan, and the Co-operative petrol filling station in Carlisle Road, Lockerbie, are both unaffected and will continue trading."