Retailer News
Apple Planting New Seeds (New Stores)
Unless Apple is recruiting staff for “phantom” retail stores in Germany and Switzerland, you can expect to see new Apple shops sprouting up in Munich, Geneva and Zurich. In Europe, Apple now only operates retail in UK, Ireland and Italy.Take this Job
WalMart Doubles Budget to Build Global E-Commerce
Wal-Mart will double its international capital expenditure for IT and spend $200m on global e-commerce. To offset slowing U.S. growth, Wal-Mart’s international division set up a new e-commerce unit with a 5-year plan to build a global platform to sell groceries, general merchandise and digital products and link up stores with call centres. The goal is a software equivalent of Lego blocks that could be readily deployed in different markets. In USA, WalMart.com sells $2bn a year and Continue reading...
Courts of Singapore Wins Global Award
Not Best Buy, not Dixons, not MediaMarkt. The Global Innovation Award of 2007 in Entertainment, Electronics and Office Supply goes to… a Singapore retailer, Courts.
Claiming Courts is “redefining the retail experience,” retail analyst (and award-giver) Planet Retail says Courts revamped its flagship unit in Tampines Retail Park. With 10,000+ sq. meters in three floors, the award-winning store includes “The Countdown Corner” (promos only available for a limited period) Continue reading...
Dell signs DSGi
The No.2 PC maker moves farther from its direct-to-consumer sales model with a new agreement to sell its PCs through DSGi's European network of store brands including Currys.digital, Currys, Electro World, Elkjop, PC City and PC World. The DSGi-Dell agreement covers 1300 stores in 12 European markets: the Czech Republic, Denmark, Finland, Greece, Hungary, Ireland, Italy, Norway, Poland, Spain, Sweden and the U.K. 
Beginning this January, consumers will find a full portfolio of Dell Continue reading...Tesco Tackles Home I.T. Support
Tesco, Britain's largest retailer, may take on electrical specialists DSGi, Carphone Warehouse and Comet with the launch of a home I.T. support service. The retailer acquired PC Guys, a computer support company, and is testing the home-visit concept from a store in Cambridge prior to a possible nationwide rollout. PC Guys will offer support in the Tesco store, over the phone and in customers' homes. Tesco is also testing a new zone called "Tesco Digital" in Cambridge, offering Continue reading...New DSGi Chief: What’s His Deal?
Speaking on his first day as CEO, John Browett, the new chief executive of DSGi, expects online sales to grow at 20-30% a year "for a very long time." Browett began his retail career at Boston Consulting Group. Wharton-educated Browett joined Tesco in 1998, and as Operations Development Director he helped grow the company’s fledgling online food stores into one of the world’s largest internet superstores, offering electrical goods, financial services and books, in addition Continue reading...
CompUSA closes after holidays
CompUSA will close its store operations for 103 remaining outlets following the sale of the company to a restructuring firm. CompUSA struggled for years with falling prices on PCs, its most important product, and competition from big-box retailers.The chain went through several CEOs and tried different turnaround strategies. Last February, CompUSA shut 126 stores and moved to focus on core customers such as gadget lovers and small-business owners. CompUSA was founded in 1984 as software Continue reading...
Technoslia doubles stores in Russia
With an 8% share of the Russian market for electronics and home appliances, Technosila is the country's No.3 retailer (behind leader Eldorado and No.2 M.Video).
The company will double the number of stores by 2010 focusing on Russia's fast-growing regions, including the Russian Far East and cities with populations of more than 100,000.
The retailer currently operates 132 outlets, 25 in Moscow and suburbs, in addition to 43 franchise shops. Its Internet subsidiary was launched in 2005.
Technosila& Continue reading...
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