All General merchandise articles
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NewsJD.com promotional event achieves record number of users placing orders
Chinese retail juggernaut JD.com has seen a new record in the number of users placing orders this year.
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NewsWaterstones owner shows interest in takeover of The Very Group
Waterstones owner Elliott Advisors is reportedly among several parties eyeing up a potential takeover of The Very Group.
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NewsJoybuy promises deals bonanza as it launches ‘summer Black Friday’
New UK retail arrival Joybuy is to hold a ‘summer Black Friday’ promotion that is expected to win trade as consumers hit by the high cost of living splash out on bargains.
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AnalysisWhat the City makes of WHSmith’s capital raise
WHSmith’s travails seem to be going from bad to worse, with the retailer issuing another profit warning today and launching an (ultimately successful) c.£100m capital raise.
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NewsWHSmith launches capital raise as global turmoil takes toll
WHSmith is to raise money through a new share placing after cutting profit expectations and warning on its outlook as conflict continues in the Middle East.
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NewsHobbycraft pays out to creditors as it makes early exit from CVA
Specialist retailer Hobbycraft has exited its CVA two years earlier than envisaged and distributed a pot of cash to creditors, Retail Week can reveal
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AnalysisHow value retailer B&M aims to bounce back with focus on basics
Low-price retailer B&M may have suffered a fall in full-year profits, but a strategic focus on the basics that originally made it such a success gives grounds for encouragement.
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NewsB&M reports profits fall after ‘difficult year’
Value retailer B&M has suffered a fall in annual profits but its boss says it has “moved at pace” to address problems.
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NewsHome Bargains eyes up heritage brand acquisition
Value retailer Home Bargains is pondering the purchase of famous pottery brand Denby out of administration.
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NewsModella snaps up Flying Tiger Copenhagen
Investor Modella Capital has acquired homewares business Flying Tiger Copenhagen and all 1,100 of its stores across 44 countries.
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NewsTGJones CEO criticises former owner WHSmith for ‘under-investment’
TGJones chief executive Alex Willson has said his fist impression was “the huge scale of under-investment over many years”, in an interview with the Financial Times.
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NewsThe Works expects profits to beat expectations following ‘outperformance’
Books, arts and crafts, and toys retailer The Works has reported that full-year profits will be higher than anticipated as its growth strategy bears fruit.
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InterviewWHSmith UK boss Andrew Harrison on piloting the business through turbulence
Retail Week hears from WHSmith UK boss Andrew Harrison – the man tasked with guiding the business through one of the most turbulent periods in its history.
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NewsTGJones could collapse into insolvency by summer
Modella Capital has told creditors to back its restructuring proposals or risk the business collapsing into insolvency by the end of July, according to restructuring plans seen by Retail Week.
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AnalysisTGJones’ restructuring plan reveals a business’ desperate fight for survival
Retail Week has seen the restructuring plan put forward to creditors and landlords by TGJones owner Modella Capital. The details make for grim reading.
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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.