All International articles – Page 187
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NewsWalmart China suffers double departure
Walmart’s China business has been hit by the sudden resignation of two senior executives.
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NewsGap warns of rising costs after profits drop
Profits at US casualwear giant Gap dropped by 23% in its first quarter as the company warned it expected its performance to be heavily impacted by rising costs.
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NewsDixons Spanish exit begins with PC City store disposals
Electricals group Dixons has disposed of eight of its 34 PC City stores in Spain to Portuguese retailer Sonae on undisclosed terms.
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AnalysisWalmart acquires stake in Chinese online grocer
As part of its commitment to grow online sales globally, Walmart has reached an agreement to acquire a minority stake in Yihaodian, an online supermarket in China.
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NewsDixons offloads eight PC City stores in Spain
Electricals group Dixons has offloaded eight of its 34 PC City stores in Spain to Portuguese retailer Sonae, which aims to expand in the country.
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NewsAmerican Eagle circles London for first UK store
US fashion chain American Eagle Outfitters will debut in the UK in London and has plans to open up to 100 stores in the country.
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NewsTurkish retailer Colin’s makes play for the UK
Turkish fashion retailer Colin’s aims to make a splash in the UK, with ambitious expansion plans to open more than 100 shops here in the next decade.
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AnalysisEdeka pushes on with growth after sales rise
Leading German grocer Edeka’s sales reached E39.1bn (£34.2bn) in 2010, up 3.9% compared with 2009.
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AnalysisReasons to be cheerful
The bank holiday festivities are over and it is back to the grind of tough trading and ferocious competition. But it’s not all doom and gloom for the industry. Here we highlight why there is plenty of reason for optimism…
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Opinion
N Brown overlooked
While the etail era has made online outfitter Asos a share price star, another retailer well placed to benefit from changing shopper habits has been overlooked.
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NewsNew categories overtake media products as Amazon diversifies
Amazon is gunning to grab share outside its core product categories as international sales in its non-media division overtook media for the first time.
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AnalysisEntertainment shift puts Amazon and Netflix top
The shifts in the way we purchase and consume entertainment products was again thrown into stark relief as upbeat quarterly results from Amazon and Netflix contrasted cruelly with stories of investors picking over Blockbuster and HMV.
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NewsOverseas helps Clarks profits to break £100m
Clarks’ group pre-tax profit has topped £100m for the first time in its 185 year history despite a “challenging” UK market.
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NewsWhole Foods Kensington store posts profit for first time
UPDATED: Upmarket US grocer Whole Foods has signed for a store in Fulham in London and revealed that its flagship store in Kensington is now EBITDA positive.
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NewsJames McCann steps down from Carrefour
James McCann, one of Carrefour’s top-level executives, has stepped down from his role after little over a year.
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NewsShop Direct sets sights on overseas expansion
Etail giant Shop Direct is plotting international expansion for its Very and Isme brands, and is to grow its Littlewoods brand outside Europe.
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NewsTesco’s candour impresses City
The City was impressed with Tesco chief executive Phil Clarke last week when he delivered his first full-year results, although sales slipped slightly by 1.28% on the day.
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NewsAnn Summers to move overseas once global economy improves
Ann Summers is eyeing international markets to expand its lingerie and sex toys business.
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AnalysisBest Buy returns to the basics in its bid for growth
Electronics retailer Best Buy has struggled of late and has outlined three new strategic priorities, which it believes will help it capture new growth opportunities in key categories and channels, fund growth efforts through structural opportunities and improve returns.
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NewsTesco stays on target but UK disappoints
Tesco’s first set of prelims under new boss Phil Clarke came in much as expected, although there were some City worries at the UK performance and scale of US losses.