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Articles about stores
Blumarine opens 2 new stores in China Friday, 24th May 2013
Blumarine introduced its two new stories in China.
Posted in fashion, Fashion News, Luxury Goods, Online retail, Retail Industry Tagged stores, luxury, Blumarine
Boots plans a big expansion in China Thursday, 16th May 2013
Alliance Boots plans to expand in China within two years. The
Posted in Cosmetics, fashion, Fashion News, Health & Beauty, Online retail, Retail Industry Tagged Boots, beauty industry, retailers, stores, sales, expansion, finance, china
Acne to open its largest store at LA Tuesday, 14th May 2013
Acne is set to open its largest store yet this autumn in downtown Los Angeles It will be California's first store of the Swedish brand.
Posted in Department Stores, fashion, Fashion News, Jewellry, Luxury Goods, Online retail, Retail Industry, Retail Property Tagged menswear, womenswear, clothing, fashion industry, stores, Acne Studios, Swedish fashion, accessories
Farmfoods profit up 13.6% despite fall in sales Friday, 26th April 2013
Frozen food specialist Farmfoods reported pre-tax profit of £20 million in 2012, up 13.6 per cent from the year before, despite a small fall in sales to £595 million. The Scottish retailer said that despite competitive trading conditions, it had managed to increase its profits by focussing on energy efficiency and reducing its employee base.
Posted in Food, Retail Industry Tagged frozen, food, farmfood, grocer, supermarket, profit, sales, annual, 2011, 2012, scotland, stores
Republic administrators say retailer will not be able to honour vouchers Wednesday, 24th April 2013
Photo credit: Republic
Following its acquisition of 116 Republic stores back in February, Sports Direct has since revealed the company will not honour any voucher or gift card claims purchased before 13 February 2013. According to a report by the Guardian, around 78,000 shoppers will be left empty-handed after purchasing gift vouchers totalling £1.1 million from Republic stores.
Posted in Deals and Takeovers, fashion, Retail Industry, Sporting Goods Tagged republic, retail, fashion, voucher, ernst & young, gift voucher, sports direct, news, administration, deal, stores
Tesco hit by first annual fall in profit in 20 years Wednesday, 17th April 2013
Photo credit: Tesco PLC
Britain's biggest retailer on Wednesday announced its first fall in annual profit in 20 years, after taking a USD 1.5 billion writeoff on its loss-making Fresh & Easy business in the US. Shares in Tesco fell 2.8 per cent in early trade as the supermarket giant reported pretax profit of £1.96 billion in the year to 13 February, down 51.5 per cent.
Posted in Food, Franchise & Expansion, Retail Industry, Supermarket News Tagged tesco, supermarket, metro, retail, grocer, britain, sales, turnaround, profit, group, fresh, easy, stores, results
Hilco strikes £50m deal for HMV Friday, 5th April 2013
Photo credit: My Retail Media
After months of uncertainty, it seems HMV could be about to emerge from administration as part of a £50 million deal with Hilco. According to Sky News, a deal between the two companies could be stuck as soon as Friday, with the chain expected to be run by incumbent HMV executives alongside newly-appointed Hilco executives.
Posted in Deals and Takeovers, Electricals, Retail Industry, Toys Tagged hmv, hilco, deal, administration, rescue, job, save, stores, fopp, electricals, entertainment
Zara to expand with nine new stores a week Thursday, 14th March 2013
Photo credit: Inditex Group
Inditex plans to open nine Zara stores a week in the year to come. It looks like Zara is set for an all-systems-go expansion as owner Inditex plans to open nine new stores a week for its flagship brand in the coming year. The Times on Thursday revealed Zara will continue to pursue its heady pace of store expansion which in 2011 saw it debut in both the Australian and South African markets.
Posted in fashion, Franchise & Expansion, Retail Industry, Retail Property Tagged zara, inditex, growth, spain, stores, clothes, fashion, high street
Christian Dior SA celebrates 14% rise in sales Monday, 4th March 2013
Photo credit: Christian Dior
Jennifer Lawrence stars in the Miss Dior Handbag campaign. Christian Dior SA, parent company of the Dior fashion house and LVMH Moët Hennessy Louis Vuitton reported a 14 per cent on-year rise in sales to EUR 22.81 billion in the nine months to the end of January. Sales of Christian Dior Couture rose 19 per cent to EUR 971 million in the nine months from 1 May 2012 to 31 January, while Dior continue to expand its retail network, growing by 24 per cent for the period and boosted by all product categories.
Posted in Accessories News, Cosmetics, fashion, Luxury Goods, Retail Industry Tagged christian, dior, fashion, lvmh, couture, profit, sales, rise, stores, jewellery, paris, report, luxury
HMV administrators announce closure of another 37 stores Thursday, 21st February 2013
Photo Credit: My-Retail Media
HMV administrators have announced the closure of another 37 stores stores, resulting in an additional 464 staff members being made redundant. The announcement given on Wednesday stated that the descision was made after an evaluation of the HMV portofolio. According to HMV adminsitrators Deloitte, this was a necessary step towards a securement of the company’s future, as their debts now are estimated to be around £170 million.
Posted in Music, Retail Industry, Technology Tagged HMV, administration, stores, deloitte, jobs, unemployment, closure
