Need support for your new business ,or expanding your existing business contact us on info@retail360.co.uk Visit us http://www.retail360.co.uk or http://www.retail360.me or http://www.retail360.co.za Follow the latest retail news on our blog Retail Blog or on twitter @retail360_

Massmart plans to revamp 10 of its 17 Makro stores, which would thereafter offer fresh produce, butchery items and new brands. The chief executive of Makro stores, Kevin Vyvyan-Day, said yesterday that the new stores would be more shopper and environmentally friendly and would allow consumers to buy single items as well as bulk packs.... Continue Reading →

US restaurant chain Russo’s New York Pizzeria has announced that it will open three outlets in the UAE this year. The firm will open restaurants in Dubai, Abu Dhabi and Sharjah in autumn after awarding territory rights to Dubai-based Prime Hospitality, a division of Ghobash Trading & Investment Company. The first outlet at Dubai’s Jumeirah... Continue Reading →

Men's apparel and accessories retailer JoS A Bank Clothiers Inc's quarterly results handily beat Wall Street estimates as customers flocked to buy its products on the Internet and through catalogs. Sales in the company's direct marketing segment, which consists of the Internet and catalog call centers, rose 39.3 percent in the quarter. As of fiscal... Continue Reading →

NEW YORK — J. Crew Group Inc. is running strong and bringing its business to new markets. “It’s been a nice year so far,” Millard “Mickey” Drexler, chairman and chief executive officer, told Zee. “Every day we get a bit smarter about our business, but you can never let your guard down.” On Wednesday, the... Continue Reading →

Barnes & Noble announced three more partners for its Nook UK launch this fall: Academic bookseller Blackwell’s, independent bookseller Foyles and general retail chain Argos. B&N also announced John Lewis as a retail partner earlier this week. Barnes & Noble is preparing to launch its Nook e-readers (but not the Nook Tablet or Nook Color)... Continue Reading →

Date 29 August 2012 : InventCommerce and Google have confirmed that Mary Portas, one of the UK’s foremost authorities on retail and brand recognition, is to present at the Google Commerce Search evening. This exclusive event for retailers will be held on 12th September at Google’s UK Headquarters, London. The event will be attended by... Continue Reading →

(Reuters) - Debt-mired JJB Sports put itself up for sale on Thursday and warned investors their shares may be worthless, placing the sports goods retailer at risk of becoming another big-name British retail casualty. The company has been rocked by funding issues, falling sales and stiff competition as UK store chains battle weak consumer spending,... Continue Reading →

A multi-million pound package of support for towns and cities not selected by the government as one of the 27 Portas Pilots will begin being delivered by the Association of Town Centre Management next month. This next phase of the government's initiative will start on 5 September with a meeting in London organised by the... Continue Reading →

Wilkinson is to cut staff hours at up to 80 of its stores as it attempts to reduce costs in under-performing branches. The high street discount chain has asked staff at around 80 of its 370 stores to take a voluntary cut in hours. The average reduction per store could be up to 80 hours... Continue Reading →

Retailer’s online solutions managing director to take on her new role from early next month, replacing Anthony Hemmerdinger Carphone Warehouse has appointed Sam Tyrer as its new UK retail director. She replaces Anthony Hemmerdinger, who left the retailer last month after 18 months in the role. Tyrer will take up her new position early in... Continue Reading →

Need support for your new business ,or expanding your existing business contact us on info@retail360.co.uk Visit us http://www.retail360.co.uk or http://www.retail360.me or http://www.retail360.co.za Follow the latest retail news on our blog Retail Blog or on twitter @retail360_

Boots has launched its new healthy and convenient food offer in stores today, in partnership with Irish food retail giant Musgrave. The range includes meat, fish and ready meals as well as in-store delis. Eleven of the health and beauty retailer’s across England will carry food, including lines from Musgrave’s SuperValu range which is also... Continue Reading →

H&M has announced its first step into South America by opening a flagship store in Santiago de Chile, Chile. The store will be a full-concept flagship store at the "best business location" at the shopping mall Costanera Center, and is planned to open during the first half of 2013. Karl-Johan Persson, CEO at H&M, commented:... Continue Reading →

JC Penney CEO Ron Johnson gives an early look inside the latest brand Shops emerging Sept. 1 in nearly 700 stores nationwide. The Company will debut brand Shops for Liz Claiborne®, IZOD® and jcp™ – a new jcpenney exclusive brand dedicated to high-quality fashion basics. These new fall shops will add to its existing portfolio... Continue Reading →

BMW Motorcycles is revving up Bloomingdale's Fall fashion campaign. The BMW R 1200 R Classic is featured in the men's department at Bloomingdale's stores nationwide, inside the fall men's catalog, and in the store windows of Bloomingdale's flagship store on 59th St. in Manhattan, NY. And that's not all! Shoppers will also have the opportunity... Continue Reading →

Amazon has launched an Amazon Local daily deals website in the UK, pitting it head-to-head with established players such as Groupon. The deals site offers shoppers bargains on local services, products, and experiences such as hot air ballooning nearby. At present the service is only being offered to shoppers in London through a dedicated site;... Continue Reading →

Victoria’s Secret opened the doors of its London flagship store on Bond Street today. Retail Week's database of top UK retailers. Access sector screening tools and company profiles. Find out more... The 40,386 sq ft shop, which the retailer views as a global statement store, has three trading floors and a VIP lounge area. The... Continue Reading →

Marks & Spencer opened its 151,000 sq ft store at Cheshire Oaks on Wednesday morning, promising a 'new retail experience for customers'. Scroll down for gallery The store is the second largest M&S in the country - London's Oxford Street store is bigger - and will employ 500 people. Features include free wi-fi, 'browse and... Continue Reading →

L’Oreal SA (OR), the world’s largest cosmetics maker, reported an 11 percent increase in first-half profit as sales gained in Africa and Asia, and said it still expects revenue to grow faster than the market in 2012. Operating income rose to 1.9 billion euros ($2.4 billion), the Paris-based company said today in a statement after... Continue Reading →

Monday, Aug 27, 2012 Dubai: Ikea has announced that it will offer zero per cent interest to customers making purchases of Dh500 and above at its Dubai Festival City and Yas Island stores. The Al-Futtaim Group has partnered with Emirates NBD to launch this finance service. Under the terms of this agreement Ikea will offer... Continue Reading →

An expansive retail, leisure and entertainment centre is being built as the centrepiece of Jumeirah Beach Residence (JBR), a development of 40 towers running along the Dubai seafront. In a move that will completely change the face of JBR Walk, one of Dubai's most popular leisure attractions and walkways, Meraas Holding is set to construct... Continue Reading →

The arrival of digital money on Britain's high street has been anticipated for some time, and this year its potential is finally being realised with PayPal in store. Launched in May 2012 at Oasis and other major retail brands, the new system uses a mobile phone app that allows customers to pay via PayPal on... Continue Reading →

Danish-owned menswear retailer Jack & Jones is continuing its UK expansion with the opening of four new stores in both high street and shopping centre locations in Exeter, Carlisle, Swansea and Cwmbran. Launched in 1989, Jack & Jones, which is part of Bestseller, the family-owned clothing company, is now sold in approximately 2,000 retail shops... Continue Reading →

A UAE-based businessman has commissioned the Ferrari special projects team to build him a one-of-its-kind car. The special-edition Ferrari 599 GTO - called the Ferrari SP Arya - is being built for Cheerag Arya, the CEO of JBF, a petrochemicals company based in Ras Al Khaimah at its Maranello factory in Italy. It will be... Continue Reading →

The FTSE 100 retailer is trialling the technology in its new state-of-the-art store at Cheshire Oaks, near Liverpool, which will be officially opened by chief executive Marc Bolland tomorrow. M&S hopes customers will use the wi-fi to browse the company’s full range of stock on their smartphones and buy products they see in the store.... Continue Reading →

Barnes & Noble, the US bookseller, has secured a deal with John Lewis to distribute its Nook e-reader as it seeks to dent Amazon's dominance of the UK digital book market. John Lewis will be the first retailer outside the US to sell the Nook and will begin stocking it from this autumn in its... Continue Reading →

Yahoo Inc named veteran executive Kathy Savitt its chief marketing officer on Monday in the latest move by new CEO Marissa Mayer to overhaul her top leadership team. Savitt, a former marketing executive at Amazon.com and American Eagle Outfitters, most recently founded Lockerz, a social commerce website that let online shoppers share links to clothing... Continue Reading →

Al Wahda Mall is set to open more than 200 new stores on Saturday after leasing 90 per cent of the retail space in a major extension of the Abu Dhabi shopping centre. The mall will double in size, with additional shops and food and beverage outlets, including a cinema and fitness centre, all adding... Continue Reading →

A buyer has been found for motorcycle clothing and accessory retailer Hein Gericke UK, which has five stores across the South West, the administrators have revealed. Before falling into administration last month (July) the £18m-turnover company, headquartered in Harrogate in Yorkshire, operated 49 shops across the UK in addition to a catalogue and an online... Continue Reading →

French retail giant Carrefour has declined to comment on reports it is looking to cut 500 to 600 jobs in France. According to French publication Le Figaro, Carrefour is expected to this week announce the removal of more than 500 jobs at its headquarters in France. The figure represents around 3% of the group's workforce,... Continue Reading →

Boosted by Wal-Mart association, chain targets opening 40 new stores by 2013 Johannesburg: Massmart Holdings Ltd., South Africa’s biggest food and goods wholesaler, will spend about 2.6 billion rand (Dh1.15 billion) in the second half of this year and 2013 as it expands and plans to open as many as 40 new stores. Massmart expects... Continue Reading →

A South African firm has completed the takeover of Emirates Healthcare Limited (EHL), Dubai’s biggest private healthcare provider, via the purchase of the remaining 49.63 percent stake in the company that it does not already own. Mediclinic International bought the stake from General Electric (5.24 percent) and the Varkey Group (44.39 percent). The deal for... Continue Reading →

It is perhaps hard to imagine the 82-year-old billionaire investor George Soros and his 40-year-old fiancee cheering on Sir Alex Ferguson’s Manchester United at Old Trafford. But Soros, who paid £25.8m for just under a 2 per cent stake in the club last week, is one of a number of US-based billionaires who have made... Continue Reading →

TROUBLED Gold Coast-based surf wear company Billabong has posted a net loss after tax of $275.6 million for 2011-12. The result was a large drop on the $119.1 million net profit Billabong reported for 2010-11. Billabong said this morning it expected the current challenging trading conditions to continue in its 2013 financial year. It said... Continue Reading →

Hot young fashion brand Jack Wills has appointed a former Vodafone and Carphone Warehouse executive to its board, igniting speculation that the business may be preparing for a sale or float next year. Wendy Becker, Vodafone group marketing chief until last year, is also a non-executive at Ocado and Whitbread. She will be joining Jack... Continue Reading →

Tiffany & Co. (TIF), the world’s second- largest luxury jewelry retailer, jumped the most in a year after reporting a drop in worldwide comparable-store sales that was smaller than some analysts projected. Tiffany advanced 7.2 percent to $62.71 at the close in New York, for the biggest gain since Aug. 26, 2011. The shares have... Continue Reading →

A multimillion dollar Bahrain mall project faces an uncertain future and may be scrapped following a dispute between the local council and the parliament over plans for the derelict site, it was reported at the weekend. Plans for the mall were thrown into disarray after Bahrain’s Municipalities and Urban Planning Affairs Minister Dr Juma Al... Continue Reading →

Need support for your new business ,or expanding your existing business contact us on info@retail360.co.uk Visit us http://www.retail360.co.uk or http://www.retail360.me or http://www.retail360.co.za Follow the latest retail news on our blog Retail Blog or on twitter @retail360_

Sir Paul Smith, the UK fashion designer, is optimistic about his brand’s return to China, despite fears that the Chinese market for luxury goods is cooling. Speaking for the first time since the return to China was announced in May, Sir Paul said it had been “massively disappointing” to pull out five years ago. At... Continue Reading →

Plans for Mary Portas' latest venture have suffered a major setback as four people from a town the so-called Queen of Shops was due to overhaul have resigned in disgust. Margate in Kent is one of 12 'Portas Pilot' towns picked by Local Government Minister Grant Shapps to receive help from the retail guru, fighting... Continue Reading →

CVC Capital Partners Ltd. has explored taking Marks & Spencer Group Plc (MKS) private as the U.K.’s largest clothing chain’s sales slump amid a lack of demand for its fashions, people close to the matter said. CVC approached executives both inside and outside the company about a possible management role under private equity control, said... Continue Reading →

Debenhams will launch its first store in Russia this Saturday and has "big plans" to roll out more shops in what is set to become Europe' biggest retail market. The department store chain will open a 35,000sq ft shop – about half a football pitch – in Moscow's Mega Belaya Dacha mall via its franchise... Continue Reading →

The British Retail Consortium has appointed Helen Dickinson, the head of retail at KPMG, as its new director general. The organisation has also announced that Ian Cheshire, group chief executive of Kingfisher, is to become its new chairman, replacing current chairman Rob Templeman. Dickinson succeeds Stephen Robertson as director general who will leave the organisation... Continue Reading →

This September, Bijoux Terner, the global fashion accessories brand, will go where it has never ventured before: the worldwide web. Parent company BT Fashions will be launching an Internet store in the coming weeks. The online boutique will bring Bijoux Terner's wildly popular assortment of affordable jewelry, watches, scarves, bags, and fashion accessories to consumers'... Continue Reading →

Leading sports lifestyle firm Puma is all set to open its first sustainable (read green) standalone store in Bangalore as a part of a global initiative. “This is Puma’s first such store in the world. We are starting the project with India and depending on its success, will replicate it in other countries,” said Rajiv... Continue Reading →

Books and stationery retailer WH Smith Plc said it expects full-year results to be at the top end of market expectations and announced a fresh share buyback programme of up to 50 million pounds ($79.02 million). The company said the board has decided to commence the share buyback for the financial year ending Aug. 31,... Continue Reading →

Sportswear retailer JD Sports has agreed a deal to sell the Canterbury rugby brand to sports and fashion retail group Pentland for £22.7m. As part of the deal, JD will buy the OneTrueSaxon brand from Pentland, which owns Berghaus and Speedo, for £50,000. JD, which says it does not sell much Canterbury product, does not... Continue Reading →

Fat Face, the casual fashion retailer, is eyeing expansion outside the UK, after stabilising its domestic business by kicking the “discounting drug”. Anthony Thompson, chief executive, said the privately owned retailer was looking at potential overseas markets. “We are now investigating and researching it quite seriously,” he said. “The plan there is to, over the... Continue Reading →

Value retailers are becoming more attractive to potential investors as they continue to thrive during tough economic climes as cash-strapped customers seek out bargains, according to a report by Shore Capital. At the end of 2011 value retailers operated from 16m sq. ft. and this space is continuing to grow. With the discount and value... Continue Reading →