All General merchandise articles – Page 144
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NewsDragons' Den's Peter Jones aims to acquire 30 Jessops shops
Dragons’ Den star Peter Jones is aiming to take on 30 closed Jessops shops after buying the brand out of administration earlier this month.
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NewsFormer Jessops director David Adams to take on Peter Jones in camera market
Former Jessops director David Adams is to take on Dragons’ Den TV star Peter Jones in the fiercely competitive online camera market after being appointed chairman of growing retailer Park Cameras.
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AnalysisInfographic: The Valentine's Day market around the world
The UK shopper spends an average of £119 on their other half on Valentine’s Day February 14, according to data from Rakuten, which owns marketplace Play.com.
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News
JC Penney to reinstate promotions strategy
JC Penney is to reinstate promotions in a reversal of its year-old strategy of everyday low prices. The shift comes amid declining sales and a shopper backlash against chief executive Ron Johnson’s decision to abandon the hundreds of discounts, coupons and Sales a year the retailer was known for.The retailer ...
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News
General merchandise retailer SOK reports net sales increase
General merchandise retailer SOK has reported net sales of e12bn (£10.34bn) for the 2012 financial year, up 5% compared with 2011. Supermarket sales rose 7.3% year on year, but sales in department stores and the automotive trade fell 3.3% and 8% respectively.Retail sales in Finland’s neighbouring countries totalled e466.3m (£401.8m), ...
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OpinionComment: Retailers looking for financing could face a tough road ahead
This might sound like an understatement, but now is not the best time to be looking to refinance a retail business.
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NewsVideo: Lovehoney launches TV ad for official Fifty Shades of Grey range
Online sex toy retailer Lovehoney has launched a TV advert for its Fifty Shades of Grey Pleasure Collection as it tries to tap into a mainstream audience for the range.
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NewsMothercare UK boss Mike Logue departs in management restructure
Mothercare UK managing director Mike Logue is to leave the maternity specialist after the retailer made the role redundant as part of a management restructure.
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NewsMothercare Australia placed into administration as trading deteriorates
Mothercare Australia has been placed into administration after trading conditions in the country deteriorated and talks to find a buyer for the business failed.
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NewsMarks & Spencer missing its Chinese sales targets by up to 30%
Under pressure retailer Marks & Spencer is missing its sales targets in China, which it has identified as a key market for international growth, by as much as 30%.
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NewsRetail sales growth slows in January, CBI reports
Retail sales volumes increased at a better than expected rate in January driven by “strong” growth in the grocery sector, but the pace of growth slowed.
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NewsClintons owner mulls new UK fascia after issues with Papyrus trademark
Clintons parent company American Greetings may launch a new premium fascia in the UK after facing trademark difficulties here for its Papyrus brand.
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NewsHilco frontrunner to acquire Jessops brand
Restructuring firm Hilco, which acquired HMV’s debt on Tuesday, is the frontrunner to acquire the Jessops brand and is understood to be hatching plans to open branded camera concessions in HMV’s stores.
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AnalysisWHSmith 20-week update: What the analysts say
WHSmith has once again generated profit through cost cutting despite posting like-for-like sales down 5% in the 20 weeks to January 20. Retail Week looks at analyst comment.
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NewsWHSmith like-for-likes drop 5% but it delivers 'good profit'
WHSmith like-for-like sales dropped 5% for the 20 weeks to January 20, but the book and stationery retailer said it delivered a “good profit performance” during the period.
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NewsPet specialist Pets at Home to launch in-store magazine
Pets at Home will launch a magazine this Easter, which it says will be the UK’s biggest circulating pet-centred magazine available across its 330-store estate.
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NewsCompany profile: Dunnes Stores
Dunnes Stores, one of the biggest general merchandise and food retailers in Ireland, enjoyed a bounce in performance over the festive period in its domestic market.
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News
Mothercare posts 7.4% slump in group sales during third quarter
Baby specialist Mothercare posted a 7.4% slump in group sales for its third quarter but boss Simon Calver remained positive of the “solid progress” made in the period.
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NewsHome Retail raises profit forecast after strong Christmas at Argos
General merchandise giant Argos generated a like-for-like sales rise of 2.7% over Christmas, and parent Home Retail Group has raised its full-year profit expectations.
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NewsThe Original Factory Shop seeks adviser for a sale
Discount retailer The Original Factory Shop is seeking an advisor as it prepares for a future sale and could be valued for as much as £100m, it is understood.