All Electricals articles – Page 101
-
News
Media-Saturn acquires electronics etailer 003.ru
Germany-based Media-Saturn, part of the Metro Group, has acquired Russian electronics etailer 003.ru from founder Vladislav Oulendeev, subject to approval by anti-trust authorities.Media-Saturn chief executive Horst Norberg said: “Our objective is to position our new subsidiary in Russia as an inexpensive online retailer, similar to Redcoon in Western Europe.”
-
NewsCarphone Warehouse posts like-for-like sales fall
Carphone Warehouse posted a better-than-expected like-for-like sales fall of 2% in Europe in the first quarter to June 30.
-
NewsOlympics merchandise helps drive John Lewis sales
Sales at John Lewis department stores surged 11.2% to £63.84m last week as shoppers snapped up Olympics merchandise.
-
OpinionComment: Olympics should provide welcome boost to sentiment
As the Olympic Games get under way, perhaps the best that retailers should hope for from the sports spectacular is a boost to shopper sentiment.
-
News
Fall in turnover for CDC
Electronics store and warehouse club operator CDC’s turnover for the second quarter ended June 30 fell 55% to E75m (£58m).The retailer’s primary trading margin was down 57% to E7.6m (£5.9m). CDC attributed the plunge to its ongoing financial burden and the negative outlook for the market.
-
OpinionComment: Time for retailers to get a mobile strategy
Mobile is redefining how consumers shop and engage with a brand, and many of us are now shopping on the go.
-
NewsComet heads back into black under new owners
Comet is on track to return to the black this year and is changing gear to focus on top-line growth.
-
NewsComet: Asserting itself in electricals market
The electricals retailer is emphasising its value proposition to reassert itself in the market.
-
NewsJubilee fails to boost retail sales in June
UK retail sales volumes increased by just 0.1% last month compared to May, as the Diamond Jubilee failed to give retailers a significant boost in June.
-
News
Yamada Denki to increase stake in domestic rival
Electronics retailer Yamada Denki plans to increase its stake in domestic rival Best Denki to more than 50%, up from 7.5% at present.Yamada Denki will invest ¥10bn (£81m), in an attempt to cement its leading position in the Japanese electronics market.Best Denki will remain a publicly listed company and retain ...
-
NewsJessops board shocked by chief executive’s exit
Jessops chief executive Trevor Moore shocked the board with his resignation after he was headhunted for a new role.
-
NewsWet weather drives online sales jump in June
Online retail sales jumped 13% in June as the wettest weather for over 100 years and Euro 2012 drove sales.
-
NewsTrinity Leeds 80% let as Urban Outfitters signs up
Yet-to-launch shopping centre Trinity Leeds has signed a raft of new retailers, including US lifestyle retailer Urban Outfitters.
-
NewsInflation falls to 2.4% in June
Inflation fell to 2.4% in June, down from 2.8% in May – the third consecutive month the annual rate has fallen as retailers started summer sales earlier than usual due to the wet weather, according to figures from the Office for National Statistics.
-
InterviewQ&A: Hussein Lalani, 99p Stores commercial director
Although growth has slowed, 99p Stores today posted double digit pre-tax profit growth and strong like-for-like sales last year. Retail Week speaks to managing director Hussein Lalani about the continuing popularity of the chain.
-
NewsJessops chief executive Trevor Moore to leave at end of July
Jessops chief executive Trevor Moore is to leave the retailer at the end of this month after three years at the helm.
-
NewsJohn Lewis posts weekly sales rise of 15.3%
Sales at John Lewis department stores climbed 15.3% to £71.6m last week, helped by wet weather and strong technology sales.
-
News
Amazon developing new version of Kindle Fire and Android smartphone
Amazon is developing a new version of its Kindle Fire and an Android smartphone, it is understood.The phone will give Amazon a low-price device to bolster sales of digital downloads such as Kindle ebooks and Android apps.Amazon has made no comment regarding either device.
-
NewsJessops: Developing a new future
The photographic retailer may have survived crises, but it must develop further.
-
AnalysisLotte Shopping acquires controlling stake in Hi-Mart
South Korean retail giant Lotte Shopping has ended months of speculation and announced its intention to acquire a controlling 65.25% stake in the nation’s largest electronics specialist retailer, Hi-Mart.