Vodafone says hackers broke into nearly 2,000 customer accounts this week

LONDON (Reuters) - Vodafone UK said on Saturday hackers had accessed the accounts of 1,827 of its customers this week, the second cyber attack on a British telecoms company this month. The attackers had potentially gained access to the victims' bank sort codes and the last four numbers of their bank accounts, along with their... Continue Reading →

Hamleys sale finalised: £100m for world’s largest toy store

The anticipated sale of renowned London toy store Hamleys has finally been confirmed. Chinese footwear seller C.Banner International agreed to a price of £100m to purchase the store from Ludendo, the French toy store operator that has owned Hamleys since 2012. For C.Banner, the acquisition marks the first major branch out from its home market,... Continue Reading →

Marks & Spencer website is shut down after furious customers log in only to find other people’s personal details being displayed

London-based retailer suspends website but denies it's been hacked Customers claim they can see order histories and addresses of others Happened when they logged on to register new 'Sparks' reward cards By Mark Duell and Amanda Williams for MailOnline Published: 21:18, 27 October 2015 | Updated: 11:20, 28 October 2015 Marks & Spencer customers were... Continue Reading →

UK retail brand Debenhams is set to enter Australia

Debenhams 1_tcm87-18098In what could proclaim a noteworthy shake up to the Australian retail area, influential UK retail establishment brand Debenhams is set to enter the Australian retail segment in 2016. Worldwide clothing and homewares retailer Pepkor, which possesses Australian retail chain Harris Scarfe, is slated to convey Debenhams to Australia on account of an arrangement... Continue Reading →

Walgreens to buy Rite Aid for $17.2bn

©Bloomberg Walgreens Boots Alliance, the US’s second-largest pharmacy chain by sales, has agreed to buy smaller rival Rite Aid for $17.2bn including debt, in the latest move by billionaire chief executive Stefano Pessina to build a global drugstore group. Walgreens will pay $9 in cash for each Rite Aid share, representing a 48 per cent... Continue Reading →

Alshaya Named Best Multi-Brand Franchise Operator in Middle East and North Africa

MENAFA award recognises Alshaya’s leadership in bringing international retail brands to the region United Arab Emirates, 22 October 2015: International retail franchise operator M.H. Alshaya Co. has been named Best Multi-Brand Franchise Operator in the Middle East and North Africa by the Middle East and North Africa Franchise Association (MENAFA). Alshaya received the award this... Continue Reading →

H&M opens SA store

Johannesburg - Swedish fashion retailer Hennes & Mauritz (H&M), Europe’s second-biggest clothing retailer, is hoping to give South African shoppers that good old quintessential shopping experience that puts everything around the customer. After launching its first local shop at the V&A Waterfront in Cape Town on Friday, H&M now has its sights set on opening... Continue Reading →

How many Starbucks stores will open in SA

Taste Holdings has revealed its long-term costs and strategy with launching Starbucks in South Africa – including when the first store will open, and how many of them there will be.  Taste announced in July 2015 that it had secured the rights to open full-format Starbucks stores in South Africa. It is the brand’s debut... Continue Reading →

Radley appoints chief operating officer

Radley, the premium handbag and accessories brand, has appointed Alan Stone-Wigg to the new position of chief operating officer. Due to join Radley in January, Stone-Wigg will lead the brand’s retail, e-commerce, wholesale and international divisions. He will report directly to Justin Stead who joined Radley as chief executive in May this year. Stone-Wigg was... Continue Reading →

Burberry makes key leadership team appointments

Burberry makes key leadership team appointmentBurberry has announced two new appointments within its leadership team. In November Leanne Wood will take on the newly created role of chief people and corporate affairs officer. Reporting to Burberry chief creative and chief executive officer Christopher Bailey, she will be responsible for Burberry’s corporate affairs and human resources... Continue Reading →

M&S alters plans for international expansion

Marks & Spencer is curbing its ambitions for international expansion in the wake of recent events in Eastern Europe and China.  The British retailer has announced plans to pull out of Croatia, Bulgaria, Montenegro, Serbia and Slovenia, beginning in January, largely as a result of heightened tensions between Russia and the West. Expansion elsewhere in... Continue Reading →

First Look: Primark, Boston (pictures)

Move over H&M, Old Navy and Forever 21 — another retailer has entered the budget-friendly, fast-fashion marketplace. Irish retailer Primark, a division of Associated British Foods PLC, has dropped anchor in the United States, opening a 77,000-sq.-ft. store in Boston’s Downtown Crossing. And more are in the works: Primark plans to open a total of... Continue Reading →

Coach opens first flagship store in Paris

Coach has recently inaugurated its first store in Paris on the prestigious Rue Saint Honore at number 372-374. The new Coach which store covers 600 sqm on two floors features an updated retail design concept which is likely to be implemented across future store openings. With the occasion of the opening, Nigel Darwin, president of... Continue Reading →

Mall of Qatar Signs Mega Deal With Alshaya

Alshaya to bring over 30 global lifestyle and hospitality brands to Mall of Qatar to occupy around 18,000 sq. m DOHA, Qatar, October 4, 2015 /PRNewswire/ Qatar's largest leisure, entertainment and shopping complex, Mall of Qatar has signed a leasing agreement with M.H. Alshaya Co., one of the world's leading retail franchise operators to open... Continue Reading →

Closure of 60 B&Q stores imminent

B &Q has announced the closure of a further three stores in Northern Ireland after revealing its plans to close branches at Londonderry and Belfast. The home improvement retailer said that around 300 jobs would be affected.   Kingfisher, B&Q’s parent company, is currently restructuring its presence in Britain, with plans to close 60 stores... Continue Reading →

Launch of Dubai Apple Store delayed

Apple on Tuesday posted 14 fresh jobs on its official website for retail operations in the UAE. The first Apple Store in the Middle East at Dubai's Mall of the Emirates has been delayed for a month or two, sources told Khaleej Times. The flagship store was supposed to open on September 28 along with... Continue Reading →

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