Woolworths to open 18 new Country Road, Trenery stores

Woolworths to open 18 new Country Road, Trenery stores Woolworths CEO Ian Moir. Picture: FINANCIAL MAIL WOOLWORTHS will open 18 new Country Road and Trenery stores in South Africa over the next three years, the retailer said on Thursday. The Cape Town-based group has ramped up its fashion credibility through supply-chain changes as entrants such... Continue Reading →

Swedish retailer H&M poised for South African entry

JOINING a slew of foreign retailers hoping to tap into Africa’s mushrooming middle class, Swedish cheap-and-chic fashion seller H&M will open its first store in South Africa in 2015, the company said on Thursday. Companies including Walmart‚ Inditex’s Zara and Arcadia Group’s Topshop have already made a play for Africa‚ through South Africa. The continent‚... Continue Reading →

Spar to open Angola store

Spar to open Angola store Johannesburg - Spar Group Ltd., a South African food and liquor retailer, is working with an Angolan partner to open a store in the country’s capital, Luanda, in the next six months, Finance Director Mark Godfrey said. “Spar will provide products and logistics support,” Godfrey said in an interview last... Continue Reading →

Nordstrom rolling out more Topshop, Topman departments; national ad campaign in works

Seattle -- Nordstrom is expanding its partnership with Britain’s fashion-forward women’s apparel brand, Topshop, as well its men’s unit, Topman. Beginning in September, Nordstrom will add 28 Topshop departments and eight Topman departments in stores across the country. As part of the expansion, Nordstrom and Topshop will partner on a national campaign. The expansion will... Continue Reading →

Brown Thomas warns of job losses

ONE of the country's most prestigious department stores has warned that jobs may be put at risk after it was hit with a 47pc hike in its annual commercial rates bill. Brown Thomas expects to pay €1.14m to Dublin City Council next year, a €400,000 increase on 2013, under a new system of calculating rates... Continue Reading →

Mall of Zimbabwe space take-up increases 75%

Take-up of retail space at Mall of Zimbabwe Millennium Park in the plush Borrowdale suburb of Harare has exceeded expectations reaching 75 percent, despite delays in the project construction. Image gallery Take-up of retail space at Mall of Zimbabwe Millennium Park in the plush Borrowdale suburb of Harare has exceeded expectations reaching 75 percent, despite... Continue Reading →

26 HMV stores to open in Xtra-vision

Twenty-six new HMV stores are to open around the country as specialist ‘shop-in-shop’ projects within Xtra-vision outlets in the coming months. By Geoff Percival British commercial restructuring firm Hilco, which bought both brands from receivership earlier this year, is to announce the locations for the new dual store designs next week. At the same time,... Continue Reading →

Top 50 UK online retailers

Internet research firm Hitwise has listed the top 50 UK e-retailers selling goods and services, in partnership with the the IMRG Index Classification. The list ranks shops by popularity (number of visits) between May and August 2008. There has been 1 new entrant, 17 risers, 23 fallers and 7 who have retained their position. IMRG-Hitwise... Continue Reading →

Retail rates in Dublin set to soar

The Retail Ireland survey has found rates in Dublin could soar by up to 80% next year Retailers in Dublin could be facing a massive hike in their rates bill, according to IBEC group Retail Ireland. The group has released the results of its recent survey which shows that rates in the capital could jump... Continue Reading →

Superdry stores to open in Turkey

Superdry stores to open in Turkey SuperGroup, the maker of Superdry and Cult clothing, has agreed a five-year franchise agreement with luxury fashion retailer Demsa Group. Demsa will open three Superdry stores by early next year in Turkey, including two in Istanbul, and will launch at least eight during the five-year tie-up. Superdry clothing will... Continue Reading →

Shoprite expands with 171 new stores

Johannesburg - Shoprite Holdings [JSE:SHP], the largest retailer in Africa, said on Tuesday it plans to open 171 new stores by June 2014, including 47 outside its home market. Shoprite, which currently operates 153 supermarkets in 16 countries outside of South Africa, made the statement in a document handed out at its full-year earnings news... Continue Reading →

luxury retailer Hermès expands to America

The waiting list for the Birkin is set to grow even longer as luxury retailer Hermès expands to America following an 11.8 percent increase in revenues since last year with sales totaling at 3.5 billion euros. The first of three major American retail projects, Hermes’ newly renovated Beverly Hills flagship store will open in September... Continue Reading →

M&S ireland staff to picket four axed stores

Trade union Mandate yesterday issued the retailer with formal notice of industrial action beginning on September 10 at its stores in Tallaght and Dun Laoghaire, Mullingar and Naas. It said 88pc of the 180 Irish workers facing losing their jobs are angered that the company is insisting on compulsory redundancies only. General secretary John Douglas... Continue Reading →

South African retail space overtraded

South African retail space overtraded Desmond (Des) de Beer Managing director of Resilient Property Income Fund says developers of new shopping centres are vying so aggressively to sign up national tenants that incentives like full store fit-outs and cancellation clauses are becoming the norm Developers of new shopping centres are competing so aggressively to sign... Continue Reading →

Uniqlo launch debut kids collection

Uniqlo's debut childrenswear collection Uniqlo is our go-to brand for basics. Whether it's their Heattech thermals and bargain cashmere or their perfectly simple silk blouses, it never fails to please - and now it can please the little ones too. From today, the Japanese brand launches its first ever line of childrenswear, catering for newborns... Continue Reading →

Forever 21 Slashes Worker Hours And Health Benefits, Denies Obamacare Is To Blame

A leaked memo from Forever 21 shows the fast-fashion apparel retailer plans to cut the hours of some full-time employees and reclassify them as part-time, starting Sunday. "Company-wide, Forever 21 recently audited its staffing levels, staffing needs and payroll in conduction with reviewing its overall spending budget," Carla Macias, associate director of human resources at... Continue Reading →

Macy’s lowers expectations after tough Q2

Cincinnati -- Macy’s scaled back its earnings guidance for the remainder of the year in the wake of lower-than-expected net income for the second quarter of fiscal 2013. The retailer reported net income of $281 million, up from $279 million in the year ago period, but short of the roughly $304 million analysts had expected.... Continue Reading →

Spar opens first forecourt store

LISTED retailer Spar Group has joined the foray into the forecourt stores business with the opening of its first Spar Express store in Germiston on Wednesday. Through a partnership with service station operator Shell, Spar is testing the waters of the forecourt business with the roll-out of about three or four Spar Express stores in... Continue Reading →

Dealz opens new Finglas store

The new Finglas store has created 24 jobs for the local area Discounter Dealz has opened its 27th store in the Republic of Ireland with a new store opening in Finglas in north Dublin. The 5,000 sq ft store has also created 24 new jobs for the local area. The Finglas store brings to 27... Continue Reading →

Superquinn name to be changed to SuperValu

Musgrave has announced all 24 Superquinn stores will change to SuperValu by February 2014 Musgrave has announced today that it will be changing the name of its Superquinn stores to SuperValu from February 2014. The move will mean the 24 Superquinn stores will become SuperValu over the next 18 months. 102 jobs at the Superquinn... Continue Reading →

New shops to create 34 jobs in Dublin

Waltons Music is to open a 7,500sq ft superstore in the Blanchardstown Centre, creating about 10 jobs. Discount retailer Dealz yesterday opened its 27th Irish shop, creating 24 jobs in the north Dublin suburb of Finglas. Located in the Finglas Village Centre, the shop brings the number of jobs created by the firm in Ireland... Continue Reading →

Amazon may expand grocery service to New York

SEATTLE -- Amazon's grocery service might be making its way to New York next year, according to published reports. Citing analysis from SunTrust analyst Robert Peck, EcommerceBytes.com reported that the Seattle-based online retailer may start offering Amazon Fresh in New York in 2014, based on his finding that the company had expanded into a New... Continue Reading →

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