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Spencer’s to launch apparel stores for foreign brands only

Indiaretailing Bureau -
RPG group-promoted Spe- ncer’s Retail has decided to launch standalone stores for foreign apparel brands and focus on lifestyle to drive bottom lines. While some brands that are now available in Spencer’s outlets will see a major push through the...
Retail

HyperCITY CEO Levermore quits

Indiaretailing Bureau -
HyperCITY chief executive Andrew Levermore, after four years in the position, has quit. As CEO, Andrew Levermore was responsible for the entire gamut of operations at HyperCity. With 23 years of experience in luxury and value retail, Levermore was...
Retail

Grabal Alok’s Store Twenty One partners Woolworths

Indiaretailing Bureau -
Store Twenty One, retail arm of Grabal Alok UK Ltd, a flagship company of Alok Industries, has joined hands with Woolworths as its new partner. The partnership, besides witnessing opening up of 16 Woolworths high street stores, will offer...
Retail

Christmas Day was good for online shopping

Indiaretailing Bureau -
Internet shopping has shown its growing dominance of Britain's retail market as millions spent Christmas Day searching for bargains from their armchairs, with an estimated 3.6 million people going online, said Interactive Media in Retail Group (MRG). An estimated...
Retail

Woolworth battles to simulate sales growth

Indiaretailing Bureau -
British general merchandise retailer, Woolworths, battling to stimulate sales growth amid mounting competition, reported October 31, a slight fall in comparable retail sales for the 38 weeks of the financial year and said it remains cautious about the trading...
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In FocusAbhisar Narula -

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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