Charles Tyrwhitt opens new Birmingham store
Sonos to open first European concept store in London
The company said the “retail, exhibition, screening and listening space” will open its doors to the public on 16 November. Situated in London’s Seven Dials, the store has been designed to replicate the home environment. Inspired by Sonos’ flagship store in New York, it features state-of-the-art listening rooms where guests will be able to stream... Continue Reading →
Joe Browns opens debut store at Meadowhall
Situated on Meadowhall’s High Street, the 4,000 square foot shop was designed by creative agency Dalziel and Pow. Simon Brown, managing director and founder of Joe Browns, said: “I’m absolutely delighted with the store, I think we’ve achieved what we set out to do, which was to create an impressive three- dimensional version of our... Continue Reading →
Huawei opens doors to it’s Dubai Mall store
Huawei announced the opening of its first 'Experience Store' at Dubai Mall in the United Arab Emirates. The store offers consumers a full retail experience, which includes access to Huawei’s latest products and services under one roof. All new products will now be available for pre-booking and sale at the same time as its global... Continue Reading →
Mr Price cuts its cloth to suit a higher share price
Credit: Freddy Mavunda The share price jumped 11% to R169.99 after the announcement. The momentum continued for most of the trading session, with the share eventually closing at R192.25. Diluted headline earnings per share are expected to rise between 421.4c and 439c. Portfolio manager at Gryphon Asset managers Casparus Treurnicht said although the company did... Continue Reading →
Fashion chain Hobbs bought by South African firm
The deal saw private equity owner 3i offload the business for an undisclosed sum, although a price tag of £80 million has been mooted. Hobbs has become the latest British retailer to fall into South African hands after it was acquired by The Foschini Group. The deal saw private equity owner 3i offload the fashion... Continue Reading →
In Pictures: Harvey Nichols 2017 Christmas Windows
Premium department store Harvey Nichols has unveiled its Christmas windows for 2017, its largest visual scheme of the year. For this year's festive season, the luxury retailer looked for inspiration from the Autumn/Winter 2017 fashion weeks and pre-spring collections, selecting the most vibrant colours to catch customer's eyes. During the dark winter season, Harvey Nichols... Continue Reading →
Revealed: 23rd Dubai Shopping Festival dates for your diary
Retail festival will run from December 26 to January 27 2018, say organisers The 23rd edition of the Dubai Shopping Festival will start on December 26 and run until January 27, 2018, it was announced on Monday. Organised by the Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce... Continue Reading →
Niketown to open at Dubai Mall in 2018 – sources
Image Credit: Atiq-ur-Rahman/Gulf News Dubai: Nike is planning a major overhaul of its retail offering in Dubai, according to four people familiar with the matter, with a huge new store slated for 2018. The world’s biggest sportswear maker will open a Niketown in Dubai Mall sometime next year, said the individuals, who asked not to... Continue Reading →
Storm brews as Shoprite investors challenge pay policy
Mehluli Ncube, representing the Sentinel pension fund, described the invitation to participate in the teleconference as a little hostile. Ncube, who attended the annual general meeting on Monday to express his concerns about the remuneration policy, said the teleconference was in line with the new JSE requirements, which oblige companies to engage with shareholders if... Continue Reading →
Truworths’ share price falls after disappointing sales report
The clothing chain said this was partly because it reported in weeks, and the decline would have been only 2% if the previous 53-week financial year had not shifted the comparative periods by a week. Truworths said half of its total sales were "account" and half were cash. Both declined by 3%. The group’s trade... Continue Reading →
Amazon closes two UK Whole Foods store
Amazon closes two UK Whole Foods stores just two months after completing its £10.7bn takeover Amazon is shutting two Whole Foods shops in the UK just two months after completing its £10.7bn takeover of the upmarket grocery chain. The company is closing down its stores in Cheltenham, Gloucestershire and Giffnock, East Renfrewshire meaning that there will... Continue Reading →
Oxford Street may become ‘the world’s best outdoor shopping experience’
If plans to transform Oxford into a pedestrianised area go through, the Western section of Oxford Street may well become the 'world's best outdoor shopping experience.' Ambitious plans for the transformation of the shopping district where unveiled today by the Mayor of London, Sadiq Khan and Deputy Leader of Westminster City Council, Cllr Robert Davis.... Continue Reading →
Galeries Lafayette to open stores in Istanbul, Kuwait
Galeries Lafayette plans to open a second store in Istanbul and its first in Kuwait City in 2019, tapping into high-spending shoppers in the Middle East. “These two projects give further substance to our goals of consolidating our positions in the Middle East where we will have a network of eight stores,” Nicolas Houze, chief... Continue Reading →
Asda hires former Carrefour exec Jesús Lorente as new merchandising boss
Asda has hired Carrefour’s former chief merchandising officer Jesús Lorente for a similar role as the Big 4 grocer undergoes a leadership overhaul. The news comes a week after Asda announced that deputy chief executive Roger Burnley will replace current chief executive Sean Clarke from January 1. Lorente will succeed Andrew Moore, who is stepping from... Continue Reading →
ASDA Christmas Advert 2017
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Argos Christmas advert 2017
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Cashier-less shop set to open in Cork
A brand new, cashier-free shop is set to open in Cork early next year, in what looks to be a world’s first. The Irish Examiner reports retail technology agency Everseen is developing the store on French Church Street, which uses mobile technology, beacons, and other highly advanced techniques to allow customers to walk in, pick... Continue Reading →
Argos launches Christmas advertising campaign
The 60 second TV commercial is set in a magical Argos distribution centre where a troupe of Argos elves are helping Santa to deliver gifts across the country. Created by CHI & Partners and directed by Gary Freedman, the advert aims to highlight Argos’s commitment to speedy delivery and its Fast Track same-day delivery service.... Continue Reading →
MySidekick shopping app launches across SA
South African startup MySidekick has launched its free Android-based shopping app across the country, offering users special deals from retailers such as Clicks, Dis-Chem and Volpes. Incubated at the Nedbank Stellenbosch University LaunchLab business incubator, MySidekick has developed an application that provides users with relevant shopping deals and in 2015 secured a R4 million (US$280,000)... Continue Reading →
Dickey’s Barbecue Pit (US) to Expand into the Middle East
After 75 years in business, Dickey's Barbecue Pit is going global. The nearly 600-unit chain has partnered with Middle Eastern hospitality group, Serenity Hospitality, to bring 45 Dickey's locations to seven countries throughout the Middle East. "Dickey's has been in search for the right partner to take our brand international for some time now, and... Continue Reading →
Lloydspharmacy chief Cormac Tobin resigns
Cormac Tobin had been with the Celesio group for more than 10 years Cormac Tobin, managing director of Lloydspharmacy's parent company Celesio UK, has left the company “with immediate effect”, the multiple has announced. His departure comes just one week after Mr Tobin – who had been with the Celesio group for more than 10 years... Continue Reading →
Galeries Lafayette opens new Paris store
Galeries Lafayette has unveiled a new flagship store at the heart of the new extension to the Carré Sénart shopping centre in Paris. The opening marks the first significant addition to the Galeries Lafayette network of 56 stores in France in the past few years, and the new store concept is intended to be experience-led,... Continue Reading →
Work starts on new $380m super mall in Abu Dhabi
Retail giant Majid Al Futtaim says City Centre Al Jazira will be its first in the UAE capital Construction work has started on a new AED1.4 billion ($380 million) lifestyle destination in Abu Dhabi, with an opening slated for 2021. An official greound-breaking ceremony has taken place for City Centre Al Jazira which will include... Continue Reading →
Next’s full price sales improve
by The Retail Bulletin In the three months to 29 October online sales climbed by 13.2% but sales in the retailer’s stores were down 7.7%. In a statement, Next said the lower clearance rates seen in its summer end-of-season sale this year had continued into the third quarter, both in the mid-season sale and its... Continue Reading →
Uniqlo founder to retire
The chief of Uniqlo’s parent company Fast Retailing is to retire from the company he founded when he turns 70 in 2019. Tadashi Yanai told the Japanese financial publication The Nikkei on Friday he is due to retire, but will continue as chairman of the company, stating “there is no such thing as retirement for... Continue Reading →
Hugo Boss launches first digital showroom
Hugo Boss has launched its first digital showroom in Berlin, Germany, marking a shift in the company's strategy. The German fashion brand presented its Hugo pre-fall collection for 2018 at a pop-up space in Berlin to showcase its digital showroom last week. Via a 65 inch touchscreen, which resembles a table, viewers were able to... Continue Reading →
First BENTLEY standalone boutique opens in Dubai
The Al Habtoor Group is proud to bring together two world-class brands under one roof, Bentley, and St. Regis Dubai Polo, the world’s first ever equestrian resort located at the Al Habtoor Polo Resort and Club. The brainchild of Mr. Mohammed Al Habtoor, Vice-Chairman and CEO of Al Habtoor Group, the idea of building the... Continue Reading →
Clicks targets 900 stores after ace results
On Thursday the retail-led healthcare group posted a 15.4% rise in operating profit to R1.8bn driven by strong health and beauty sales that grew 14.7%. Opening 111 stores, including 80 through the outsourcing agreement with the Netcare Group, bumped up its store footprint to 622. Its pharmacy network was increased to 473. During the 2017... Continue Reading →
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