Half-year profits at Coles, Australia's second-largest retailer, increased by more than 15%, owner Wesfarmers has reported. Earnings before interest and tax from Coles for the six months to the end of December were up 15.1% at A$755m. ...
Tags: Coles, profits, second-largest retailer
US authorities have reached a settlement with Macmillan, the last of five publishers accused of colluding with Apple in an e-book price-fixing conspiracy. The US Justice Department said in a statement that with the five publishers ...
Tags: Macmillan, e-Book Trial, Apple
Dutch retail giant Ahold has sold its stake in ICA, the Sweden-based retailer, to co-owner Hakon Invest. The SEK1.2bn (US$1.6bn) cash deal, announced this morning (11 February), will see Hakon take Ahold's 60% stake in ICA. Hakon already ...
Tags: Ahold, stake, ICA, Hakon Invest
Toy retail giant Toys ‘R’ Us has turned to FP International to provide compact packing machines across its distribution chain in Europe The Mini Pak R machine can produce five different types of air cushions to package the ...
Tags: compact packing machines, Mini Pak R machine, Packaging
Coles, Australia's second-largest food retailer, has reported a near-5% increase in half-year sales. The company booked a 4.7% rise in revenue for the six months to 30 December. Sales from its food and liquor division were up 5%. ...
Global retail giant Walmart Stores Inc has adopted a ‘zero tolerance policy’ towards suppliers and it would soon end contracts with the suppliers who are subcontracting work to factories without any intimation to the retailer. ...
Retail giant Wal-Mart Stores has revealed expansion plans for its Canada division that will see it invest US$450m in supercentre and distribution facility projects. Outlining the plans today (22 January), Wal-Mart said it is planning 37 ...
Tags: Retail giant, WalMart Stores, WalMart
Amazon says its 22-million-song music catalogue is now "optimised" for users of Apple devices, making it easier for iPhone owners to circumvent the iTunes store. The move is part of a new push by the internet retail giant challenging ...
Tags: Amazon, Apple users, iTunes
US retail giant Supervalu has clawed itself out of the red for its fiscal third-quarter, but sales dropped 5% due to a "distressed" consumer climate. Net sales for the 12 weeks to 1 December fell by 5% on the same period of last year, ...
Britain’s biggest retailer Tesco enjoyed a happier Christmas than Marks and Spencer, with sales up by nearly 2%, compared with sales down by the same amount at M&S. Online food sales were up by 18% on the same period last year. ...
Tags: Britain, retailer, Tesco, Marks and Spencer
French retail giant Auchan is to launch a banner in its domestic market dedicated to the sale of fresh produce. A spokesperson for Auchan confirmed the plans to just-food today (9 January). The stores are expected to open under the ...
Tags: Auchan, fresh produce, meat, fish, fruits
Wal-Mart has appointed Lev Khasis to the post of president and chief executive of new formats at Wal-Mart International, in a move the retail giant indicated would enhance its ability to develop new formats. Khasis has worked at Wal-Mart ...
Tags: Wal Mart, retail, new formats, food
The top IT leaders in the UK talked to Computer Weekly throughout 2012 to share their opinions and experiences of modern technology leadership and transforming business and government through IT innovation. Their views are valuable not only ...
Tags: Interviews, CIO, IT leaders
With the Olympics coming, kids up and down the country are hurtling around in the sun, pretending they are the next Jessica Ennis. With the European Championships around the corner, kids are dribbling between cones and imagining they are ...
Tags: Olympics, kids, positive, outdoor lighting
Five years after German retail giant Otto provided investment capital for a start-up analytics software supplier, it achieved a 40% improvement in demand forecasting from the resulting technology. Otto derives revenue of €11.6bn ...
Tags: German, Computer Products, Retailer, Otto, Neural Software