All General merchandise articles
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Opinion‘As retailers find life a slog, roll on the World Cup’
Industry data doesn’t make pretty reading. Retailers must take opportunities where they can and make their own luck, says George MacDonald
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AnalysisWhy TGJones’ impending restructuring has the retail property sector worried
With TGJones’ long-expected restructuring proposals expected to be put forward soon, financial advisory firms are privately worried that Modella Capital’s latest attempts at a ‘cram-down’ could kill the measure off for good
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AnalysisSainsbury’s boss joins chorus of retailers warning on Middle East war impact
While delivering another strong set of results, Sainsbury’s boss Simon Roberts was cautious about the effects of the ongoing war and called on the government to do more to stamp out rising prices.
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NewsWHSmith revenues rise but it warns of Middle East impact on summer travel
WHSmith saw its revenue rise across the business, but it is cautious about the outlook as conflict in the Middle East is set to disrupt summer travel.
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DataRetail Pay Index: How much do the biggest UK retailers pay shopfloor staff?
Explore Retail Week’s annual index of the shopfloor pay for 80 of the UK’s biggest retailers.
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NewsPoundstretcher seeks rent reductions under restructuring plan
Poundstretcher is looking to slash its property costs under a proposed restructuring plan, which it said has been designed to secure the long-term future of the business.
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NewsThe Works shuts down ecommerce website with immediate effect
The Works has announced that it has shut down its ecommerce site, moving instead to a non-transactional channel with “immediate effect”.
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NewsMoonpig anticipates strong full-year performance
Online cards specialist Moonpig has reported “continued strong profit performance and cash generation”.
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NewsJD.com’s Joybuy launches in the UK and Europe
Chinese retail giant JD.com has launched its new online shopping venture Joybuy in the UK and five other European markets.
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AnalysisFashion fears on price and product grow as conflict grounds buying teams
The leaders of UK fashion retailers have told Retail Week the sector may be just a few months away from availability issues with buying and merchandising teams grounded at home and abroad, and are bracing for added price hikes with supply chains left in chaos by the deepening conflict in the Middle East.
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Opinion‘WHSmith can’t be expected to bail out Modella’s embattled TGJones’
WHSmith has challenges of its own to cope with, and it’s impossible to see why it would divert any focus to the fortunes of its former high street arm. Ultimately, the buck stops with TGJones’ owner, Modella, observes George MacDonald
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NewsMorrisons convenience restructure puts 100 jobs at risk
Supermarket chain Morrisons is restructuring its convenience and general merchandise teams, putting around 100 roles at risk of redundancy in its Bradford head office.
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NewsWHSmith reports revenue growth but warns of Middle East disruption
WHSmith has reported solid revenue growth as its North American travel business continues to outperform other international markets
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Chart of the WeekChart: Why Argos is #1 in the Digital Capability Index
The former catalogue retailer works hard to get products to customers, offering same-day delivery and utilising its wide-ranging store network
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NewsRetail fears rise over Middle East war supply chain costs impact
Retailers are adding up the costs of the war in the Middle East in anticipation of a hefty hit unless hostilities cease very soon.
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Opinion‘Modella now needs to deliver on promise of TGJones’
TGJones was envisaged as a ‘hub of the high street’ but, as its chief executive stands down, there are few signs so far of increased momentum at the retailer, observes George MacDonald
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NewsSainsbury’s puts 300 jobs at risk under restructuring plans
Supermarket giant Sainsbury’s has announced plans to restructure both its core business and Argos, which could result in as many as 300 jobs going at the retailer.
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NewsModella’s TGJones appoints new chief executive
The chief executive of TGJones is leaving less than a year after the sale of the renamed WHSmith high street division, Retail Week can reveal.
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NewsFlying Tiger appoints new group CEO
Flying Tiger Copenhagen has appointed Jens Aarup Mikkelsen as its new group chief executive as Martin Jermin steps down.
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NewsThe Very Group secures long-term funding
The Very Group has extended and renewed its key debt facilities to secure long-term funding to power the business.