Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
Tally Weijl has selected Centric Software, Inc., for its product lifecycle management (PLM) system. Tally Weijl will implement the Centric 8 PLM system to manage the entire product development and sourcing process for all of its apparel, ...
Is the PE backed, Indian apparel retail industry growth story falling apart or turning sour? Considering the increasing number of garment retailers who are suffering from growing debt pressures, more so those funded by Private Equity (PE) ...
Tags: PE backed, Indian apparel retail industry, apparel retailers
The recent opening of Kiddicare’s new Nottingham superstore represents the beginning of a physical retail journey for the online specialist. It marks the start of a ten-store rollout, with the retailer, owned by Morrisons, stepping ...
Tags: Toys, mortar retailing, Brand Focus
Japanese retailer FamilyMart has outlined its plans for expansion in South Korea, where it runs over 7,200 convenience stores. The company has struck a fresh deal with local partner Bokwang that will see a new chain opened and plans for ...
The LED ceiling and tube light market showed significant growth in Japan in November 2012. Due to limited electricity, Japan has been raising awareness on saving energy. In 2012, the LED lighting penetration rate is likely to reach 45.3%. ...
Tags: LED lighting, Japan LED lighting, Panasonic lighting, Toshiba lighting
Lower margins from gas sales have hit half-year profits at US c-store retailer Casey's General Stores. Net income fell 6.7% to US$71.9m for the six months to the end of October despite higher sales. Casey's pointed to lower margins from ...
Japanese c-store retailer FamilyMart has opened its first outlets in China's interior. FamilyMart said yesterday (25 June) it had opened three stores in the province of Sichuan in central China. "The current move into the country's ...
Tags: Retailer targets, Familymart, Stores
Pudu announced the launch of its first store in Goa where it will debut a first-of-its-kind collection for men designed by former model and Co-Founder and Creative Head of Pudu,Andrew Piers in partnership with David D'Souza,a well-known ...
Tags: Pudu, classic menswear, first-of-its-kind collection, Goa
Associated British Foods today (10 September) revealed it had taken an impairment charge of A$150m (US$155m) on its Australian meat business as it battles "difficult" trading conditions in the market. The UK-listed group announced the ...
Tags: Australia, ABF, impairment charge, meat business
US c-store retailer 7-Eleven has acquired more stores, this time adding to its business in North Carolina. 7-Eleven said yesterday (12 November) it had bought 12 outlets from Fast Track Inc. The deal is 7-Eleven's second acquisition in ...
Almost seven years since Tesco first announced its plan to enter the US, the UK retailer has today (5 December) said it is "likely" to quit the market. Tesco said it would take too long for its Fresh & Easy chain to reach the "scale and ...
THE WOODLANDS, Texas — Furniture, electronics and appliance retailer Conn's posted net income of $11.8 million or 35 cents per share in its fiscal third quarter as higher margins and a strong furniture and bedding business continued ...
RANCHO CUCAMONGA, Calif. — High-end American mattress manufacturer E.S. Kluft & Co. says it has opened three more stores in China, for a total of six, and plans two more before the end of this year. Those stores are just the ...
Tags: Mattress, American mattress manufacturer, American luxury mattresses
US retailer Target Corp. has booked a jump in third-quarter profits, which benefited from higher sales and one-off gains. In a filing yesterday (15 November) Target said it had earned US$637m, or $0.96 per share, in the third quarter ...
Tags: jump in profits, retailer, stocks, higher sales