Retail Therapy: North Star is back!

Several weeks ago I received a care package wrapped in Kraft paper and tied with twine. It contained packs of retro candy: McGraw’s taffy, Pop Rocks, some Big League Chew. There was also a VHS tape of Meatballs peeking out from a heather grey North Star hoody that had my name written in the collar,... Continue Reading →

Tesco announces board change

Tesco PLC announces that Dame Lucy Neville-Rolfe CMG, the Executive Director responsible for Corporate and Legal Affairs, will retire on her 60th birthday on 2 January 2013. Chief Executive Philip Clarke said: “During her period at Tesco Lucy has transformed the professionalism of the corporate affairs function at Tesco as well as, on the legal... Continue Reading →

M&S to Expand Into China

The British favourite, retailer Marks & Spencer, has had its decision to expand into China welcomed by British expats living in the Middle Kingdom. It has so far taken four years for M&S to open just eight outlets in the country, however, the chain has now announced that it plans to double this number in... Continue Reading →

Billabong Takeover Talk Reignites

Billabong International Ltd. is once again the focus of takeover speculation, attracting possibly the attention of Nike and TPG Capital. Officials at TPG in the U.S. and Australia declined comment, and their counterpart in Australia could not be reached for comment by press time. Nike Inc. officials also did not return a request for comment.... Continue Reading →

Lonely Planet shop opens today

Lonely Planet’s own-brand bookshop stocking solely LP titles opened today (29th June) in Manchester Airport. The 100-sq-metre shop, based in Terminal 1, is the first Lonely Planet bookshop to open in Europe, with the only other based in Sydney Airport, Australia. Lonely Planet has partnered with LS Travel Retail UK & Ireland—which also owns Watermark... Continue Reading →

Pressure mounts on boss Bob Diamond to quit Barclays

Shareholders, pension funds and powerful business groups yesterday ratcheted up the pressure on Barclays boss Bob Diamond and chairman Marcus Agius to quit as they became tainted by yet another scandal. As Barclays came under fire from all quarters, analysts warned the bank had reached a ‘tipping point’, claiming the threat of litigation from customers... Continue Reading →

Tesco weighs future of Fresh & Easy

(Reuters) - World No. 3 retailer Tesco promised to pull the plug on its loss-making Fresh & Easy chain in the United States if it continued to disappoint, and rejected renewed calls for an independent review of its strategy for the venture. "If we see there is no chance of success, we'll do as we've... Continue Reading →

Indian retailer eyes expansion across Gulf

Dubai-based Indian retailer Dhananjay Datar is looking to expand his empire across the Gulf region. Datar, managing director of Al Adil Group, is set to take his Peacock, Al Adil supermarket brands into Bahrain, Kuwait, Qatar and Oman, he said in an interview with India's Daily News & Analysis. Known as the ‘masala king’, his... Continue Reading →

Emirates Air Line cable car opens in London

Emirates Air Line, the UK’s first urban cable car, was officially launched today as the British capital gears up to host the London 2012 Olympics. Dubai-based Emirates Airline signed an AED204m (US$55.5m), ten-year sponsorship deal to rebrand the cable car service, the most expensive such system ever built, in October. The 1.1km cable line, which... Continue Reading →

Dh600m expansion deal for the Dragon Mart Mall

Nakheel has appointed contractors on the Dh600 million (US$163.3m) expansion of Dragon Mart in Dubai. The move comes as the Palm Island builder switches focus from residential to retail. The developer yesterday said it was awarding contracts to double the size of the sprawling mall famous for its huge range. But navigating the vast development... Continue Reading →

A|X Armani Exchange to Open Montreal

ARMANI’S LATEST EXCHANGE: A|X Armani Exchange will open its 250th store on Rue Saint Catherine in Montreal on Thursday with a VIP celebration and special performance by Canadian electronic music band Dragonette. The 4,638-square-foot store is the first freestanding store in Canada to feature the brand’s latest store design, which includes industrial-style black and silver... Continue Reading →

Debenhams total sales rise 3.9%

Department store Debenhams has today reported a total sales increase of 3.9 per cent for the 16 weeks to June 23rd 2012. In an interim management statement published this morning, the group announced a like-for-like sales increase of three per cent and believes that these positive results were driven by consumer interest in recent events... Continue Reading →

Fashion group Foschini sees potential in Nigeria

The Foschini Group (TFG), South Africa’s second largest listed clothing retailer with 15 trading brands (including Totalsports, Markham and Donna-Claire), is creating a footprint across Africa. With the majority of products manufactured in South Africa, TFG operates almost 90 stores in southern African countries (in Namibia, Botswana, Zambia, Lesotho and Swaziland) and now plans to... Continue Reading →

Thomas Pink bets its shirt on growth in SA

Thomas Pink, the exclusive British clothing brand, has arrived in South Africa as it seeks growth in emerging markets. Speaking ahead of today’s official launch of its first local store, Thomas Pink merchandising, buying and distribution director Melanie Traub said: “We are looking to expand internationally” and further stores would be opened in South Africa,... Continue Reading →

Nordstrom to open 1st full dept store in Manhattan

NEW YORK (AP) — After circling Manhattan for about two decades, Nordstrom Inc., the upscale department store chain, announced plans Thursday to open its first full-scale store in New York. The arrival of Nordstrom, envied by rivals for its top-notch customer service, will increase the competition in Manhattan, home to such department stores as Macy's... Continue Reading →

Burberry Names Jenna Littler To Global PR Role

LONDON--Burberry has named Jenna Littler to a newly-created global role that combines oversight of its fashion and corporate PR activities. Littler previously headed corporate relations at the fashion company, after joining from McKinsey & Company two years ago. She will continue to report to Burberry CMO Sarah Manley. Littler’s promotion follows the departure of Justin... Continue Reading →

Clas Ohlson opens UK transactional website

The website, clasohlson.com, follows “successful” launches in Sweden and Norway. The retailer, which opened its first UK store in November 2008, also plans to open a transactional website in Finland by late summer. Clas Ohlson UK managing director Mark Gregory said: “Our investment in e-commerce is a vital part of our long-term UK strategy. “By... Continue Reading →

Turtle to open a store in Italy

Menswear and accessories retailer Turtle is moving to Italy with its first own-store by the end of this month. The store will come up in Italy’s Cosenza town to test-market the strategy and if it is successful then the brand would open more such stores in the Italian towns of Como and Milan. The store,... Continue Reading →

McDonald’s readies “biggest” London 2012 campaign

McDonald’s is spending £10m on its biggest Olympic activation campaign to date with activity celebrating the “personal stories” of the people working at the Games as it eyes a long-term legacy of being known as the “people’s restaurant”. The chain, the official restaurant and presenting partner of the Games and an International Olympic Committee partner... Continue Reading →

M&S investors urged to make pay protest

A leading corporate governance lobby group is recommending Marks & Spencer investors abstain on the retailer's remuneration report at next month's agm, arguing the retailer's policies could result in excessive payouts. Pensions Investment Research Consultants (Pirc) acknowledged that M&S had toughened conditions attached to the short- and long-term incentive schemes enjoyed by top management but... Continue Reading →

Edcon, Mr Price gear up for online shopping

COMPETITION in the online retailing space has begun to hot up with both Edcon’s CNA division and Mr Price yesterday announcing they will be joining the fray. Traditional (bricks and mortar) retailers in SA have been slower to take their offering online, but there has been a flurry of activity lately to capture some of... Continue Reading →

Aldi ireland records over 20% sales growth

Aldi has emerged as a clear winner in terms of sales growth in the ongoing battle for market share, with sales up by 20.4%, according to the latest grocery market data published today by Kantar Worldpanel in Ireland. Kantar Worldpanel's latest figures published by ShelfLife, also show that Irish supermarkets are continuing to capture more... Continue Reading →

UAE developer eyes 2013 opening for Beirut mall

UAE shopping mall developer Majid Al Futtaim (MAF) Properties is eyeing an early 2013 opening date for its first venture in Lebanon. Beirut City Centre will feature 200 stores spread across three levels, presenting a retail mix tailored to the surrounding residential areas making up Great Beirut, the company said in a statement. An estimated... Continue Reading →

Hugo Boss Opens Taiwan Flagship

NEW IN TOWN: Hugo Boss just inaugurated its new 2,500-square-foot store in the Taipei 101 shopping mall. The brand threw an opening party on Friday, enlisting a "hospitality boat" to sail Taiwan's Keelung Harbor. The event attracted several Asian stars such as Karen Mok and Kirsten Jen. The new flagship, which opened in May, sells... Continue Reading →

Louis Vuitton Sets Pop-up Shops

Spots will be sprouting across the globe this summer as Louis Vuitton rolls out seven pop-up shops to mark its capsule collection with Japanese avant-garde artist Yayoi Kusama, reports WWD. The first shop is set to open inside the Louis Vuitton boutique in New York on July 10, two days before Kusama’s touring retrospective opens... Continue Reading →

Google TV to debut in Europe next month

Google TV will make its first foray into Europe next month when Sony launches the NSZ-GS7 Google TV Internet Player in the UK. Sony will be the first manufacturer to launch Google TV products outside the US, with an initial launch in the UK, followed by Canada, Australia, France, Germany, Netherlands, Brazil and Mexico. The... Continue Reading →

Barclays appoints COO with IT responsibilities

Barclays has appointed Jerry del Missier to the newly-created role of chief operating officer, which includes IT responsibilities. Del Missier will work with the heads of Barclays’ businesses and functions to lead all operations and IT activities across the bank, including those that are part of support functions. The new appointment will help the bank... Continue Reading →

Blog at WordPress.com.

Up ↑