| Generall |
| New Zealand Retailer Buys 17 Whitehall Stores |
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New Zealand specialty jeweler Michael Hill International on Friday announced plans to buy 17 Whitehall jewelry stores in Illinois and Missouri, marking the jeweler’s first foray into the U.S. market. Whitehall filed for Chapter 11 bankruptcy in June.
The retailer noted that it considers all of... |
| H&M lands in the Kingdom of Bahrain this month |
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H & M, Hennes & Mauritz, the international fashion retailer, will soon be available to eager followers of fashion in the kingdom of Bahrain.
The 1,507 square metre store will open in September in the exclusive Bahrain City Centre. The expansion of the trendy high street brand is a result of H&M... |
| A new link in the chain for CVS |
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CVS Caremark Corp. last week solidified its national presence with its announced purchase of Longs Drugs Stores Corp., a 521-store chain that dominates Northern California and other Western retail markets.
Woonsocket-based CVS has been pushing outside the Northeast for a decade, acceleratin... |
| Tesco's expansion in Turkey caught in political turmoil |
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In a week that Tesco vaunted its international credentials with a move into India, the UK\'s biggest retailer was trying to disentangle itself from a row in Turkey that underlines the challenge and reputational risk of operating in emerging markets.
The development of a large superma... |
| Indian jewelry chain opens in Windy City |
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A national jewelry-store chain in India, has opened its first U.S. store in a mall in the Chicago suburb of Schaumburg, Ill.
The store, located in the Woodfield Mall, will feature permanent and revolving collections of jewelry that change with the seasons. Its initial collections—Yoga, Sp... |
| JCPenney Names Epicor® Retail “Supplier of the Year” |
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Epicor Software Corporation (NASDAQ:EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, recently received a “Supplier of the Year” award from JCPenney at the retailer’s 2008 Supplier Summit.
Epicor Retail was s... |
| Tesco ties up with Tata for Retail |
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After Tisco and Telco from the House of Tata comes Tesco, the biggest supermarket chain of UK forming an alliance with it to open cash-and-carry stores and sell its own-branded products to hypermarkets.
Tesco joins hands with Trent Limited, one of the Tata group\'s two retailing outfits,... |
| Creating Customer Loyalty in Retail |
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According to a new report, \"Responsive Customer Loyalty: Creating Customer Commitment in Retail,\" from the Aberdeen Group and Vesdia, best-in-class retailers use loyalty offerings to help increase revenue and create optimal customer buying behavior.
The research also identifies develo... |
| Best Buy For Rock Stars: Retailer To Sell Musical Instruments |
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For customers ready to graduate from the Rock Band video game to the real thing, Best Buy (NYSE:BBY) is now selling musical instruments.
Best Buy plans to open 75 to 85 music centers inside its retail stores by the end of the year, according to a spokesperson at the Richfield, Minn.-based retai... |
| UK retail IT spending stagnates |
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UK retail IT spending is stagnating at 1.3% of annual sales, remaining at the same level as last year, according to the latest figures complied by Martec International.
However, the industry is still willing to invest if it can deliver in two key areas: operational efficiencies and getting ... |
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