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SPAR International has entered the Saudi Arabian market with the launch of three SPAR stores in Riyadh. Partnering with Saudi conglomerate the Al Sadhan Group, SPAR plans to open a further five stores in Saudi in 2018 and have 40 stores operating in the country by 2020. SPAR said the first stores...
Domino’s Pizza saw its group system sales climb by 18.2% in its fourth quarter as it achieved strong growth in both its established and newer markets. In the 13 weeks to 24 December, UK like-for-like sales excluding stores in split territories were up 6.1%. The company opened 37 new UK stores in...
Jobs at hundreds of Topshop and Topman stores across the UK could be axed amid another major staff reshuffle in the retail sector this month. It was revealed last week that Arcadia will seek to cut brand manager roles in stores which house both a Topshop and a Topman under one...
Intu has agreed terms with Primark to extend its Merry Hill shopping centre store by more than 70 per cent by expanding into the vacant unit of a former BHS store. Primark will be the latest major tenant to expand at Merry Hill since Intu took full ownership of the centre...
The founder of one of the biggest and most successful furniture retailers in the world has died at the age of 91. Ingvar Kamprad, who founded Swedish giant Ikea, has left a legacy of 389 stores worldwide after establishing the business in 1943. He was just 17 at the time, using some money...
Online fashion retailer ASOS saw a 30% uplift in retail sales in the run-up to Christmas after putting in an “exceptional” performance in the UK despite what it described as a challenging market. In the four months to 31 December, retail sales climbed to £790.4 million from £605.7 million in the...
Zara is opening its first ever store in the world dedicated to click-and-collect orders at Westfield Stratford City in east London. Primarily designed for the ordering and collecting of online orders, the 2150 sq ft shop is slated to open today. It will act as a pop-up that will open until May...
Walmart has strengthened its foothold in Japan after striking a deal with ecommerce retailer Rakuten to launch an online delivery service in the country. Walmart, US-based the parent company of UK grocer Asda that is also known as the world’s largest retailer, said the new service with Rakuten will launch in...
Pets at Home saw its group revenue climb by 9.6% to £223.3 million in its third quarter. In the 12 weeks to 4 January, group like-for-like sales climbed by 7.2%. This included a 6.8% uplift in Pets at Home’s merchandise category and growth of 10.1% in services. Ian Kellett, Pets at Home...
Amazon is set to open its first checkout-free grocery store in Seattle today, in a move that cements its evolution into a “clicks and bricks” retailer. The 1800sq ft shop – known as Amazon Go and located in the same building as the retail giant’s global headquarters – uses computer vision,...
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