All General merchandise articles – Page 146
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News
Walmart India spends $25m (£15.5m) on lobbying activities
Walmart in India has spent $25m (£15.5m) since 2008 on lobbying activities to facilitate its entry into the country, the BBC has reported. The revelation sparked angry exchanges in India’s parliament.The opposition Bharatiya Janata Party called for an investigation into Walmart’s lobbying.
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AnalysisAnalysis: Who is Ride-Away?
Online equestrian retailer Ride-Away, newly acquired by Pets at Home, may not be a well-known brand outside of its strong Yorkshire base but it is set for rapid expansion as its new owner seeks to take the brand nationwide.
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InterviewQ&A: Pets at Home chief executive Nick Wood on the Ride-Away acquisition
Pets at Home has bought equestrian etailer Ride-Away. The deal is expected to bolster its specialist credentials and complement its strong pet offer. Retail Week speaks to chief executive Nick Wood about his growth plans for the online business.
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NewsPets at Home buys equestrian etailer Ride-Away
Pets at Home has acquired online and catalogue equestrian retailer Ride-Away, which is expected to “significantly expand” the retailer’s specialist credentials.
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NewsPoundland mulls own brand food offer
Poundland is mulling launching an own brand food label as it plans to add new categories to its offer.
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NewsWHSmith boss Kate Swann bags £3.3m
WHSmith chief executive Kate Swann could be in line to receive a further £2.6m as well as her £3.3m salary and share payouts.
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NewsGreetings card retailer CardZone acquires Special Occasion
Greetings card retailer CardZone has bought rival Special Occasion, which is expected to boost turnover to £9m.
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NewsStaples pilots drop-in office areas in store
Office supply and stationery retailer Staples is opening drop-in business lounges to allow people to work in its stores.
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News
Walmart announces plans to enter cash and carry market
Walmart has announced plans to enter the cash and carry business with the launch of membership fascia Central Mayorista.The first store, boasting a sales area of 37,700 sq ft, is scheduled to open in Puente Alto, Santiago, in the first quarter of next year.Central Mayorista will be aimed at retailers, ...
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NewsHamleys profits advance after global drive
Pre-tax profits at iconic toy retailer Hamleys soared 283% to £2.3m last year, driven by sales growth at its newly refurbished Regent Street flagship and expansion of its international franchise operations.
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NewsRyman and Boux Avenue make TV ad debuts
Ryman Stationery and Boux Avenue, owned by retail tycoon and Dragons’ Den star Theo Paphitis, are both making their TV debuts this week to drive Christmas shoppers in-store and online.
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AnalysisAnalysis: B&M Bargains deal sets foundations for European growth
Private equity firm Clayton Dubilier & Rice yesterday revealed its estimated £965m investment in value retailer B&M Bargains as well as Sir Terry Leahy’s appointment as non-executive chairman. Retail Week speaks to co-managing director Simon Arora and analyses the implications of the deal.
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AnalysisSir Terry Leahy: Career highlights
Sir Terry Leahy is to take on the role of chairman at value retailer B&M Bargains, his first retail role since stepping down from Tesco. Having spent all his retail career at Tesco, here are his career highlights.
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NewsRetail like-for-likes edge up 0.4% in November
UK retail like-for-likes edged up 0.4% year on year in November signalling a nervous wait for retailers ahead of Christmas.
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NewsB&M Bargains sold to US private equity firm as Terry Leahy named chairman
B&M Bargains has been sold to US private equity firm Clayton Dubilier & Rice, which is set to appoint former Tesco boss Sir Terry Leahy as chairman of the value retailer.
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NewsMothercare to roll out in-store cafe format
Mothercare is to roll out its new store format and launch cafés in a further 20 stores.
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AnalysisCampaign of the week: Argos, I Can Shop From Here
Argos declared its intention to move away from its traditional catalogue heritage last month and instead focus on multichannel.
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News
Poundland extends food offer
Variety single-price retailer Poundland has extended its food offer by adding 100 new grocery lines, increasing competition for the grocers.
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NewsNovember retail sales jump to highest level since June
November retail sales rose at their fastest pace since June this year, data from the CBI Distributive Trades Survey shows.
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News
Walmart takes action over corruption probe
Walmart has suspended several associates of its joint venture company Bharti Walmart as part of an ongoing corruption probe.Walmart has not disclosed the nature of its inquiry or the specific allegations it is looking into.