All General merchandise articles – Page 147
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NewsPoundworld profits tumble as it invests in stores
Value retailer Poundworld’s pre-tax profit slumped 28% to £2.8m last year as as it invested in new stores and distribution.
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NewsSecond round bids for B&M Bargains expected next week
Second round bids for value retailer B&M Bargains are expected by the end of next week, it is understood.
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News
Target reveals US retail sales increase
General merchandise retailer Target revealed that US retail sales rose 3.4% to $16.6bn (£10.43bn) for the third quarter ended October 27.The increase was attributed to a 2.9% lift in like-for-likes as well as the contribution from new stores. Like-for-like increases were driven by a strong back-to-school season, gains in food ...
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NewsM&S appoints supply chain director as Darrell Stein splits role
Marks & Spencer has appointed a dedicated director to oversee the ongoing overhaul of its supply chain, a central plank of chief executive Marc Bolland’s improvement strategy.
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AnalysisMothercare: What the analysts say
Maternity and baby specialist Mothercare revealed it slashed its underlying UK loss to £17m in its first half, as it revealed it has made “good progress” on its turnaround strategy.
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NewsHalfords ramps up accessories category to rival specialists
Halfords has signed a series of top name brands to relaunch its cycle parts, accessories and clothing category next year as it seeks to take on its specialist competitors.
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NewsHalfords ramps up offer as profits fall 23.4%
Car parts and cycle specialist Halfords is ramping up its product offer and multichannel initiatives, as profits plunged 23.4% to £41.9m for the 26 weeks to September 28.
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NewsCountrywide secures £26m of funding
Rural products retailer Countrywide has secured £26m to support organic growth, a store refit programme and potential acquisitions.
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AnalysisAnalysis: Walmart's US business is back on track
Walmart has reported its fifth consecutive quarter of positive comparable store sales growth, a sign that its US business is well and truly back on track. How has the world’s biggest retailer achieved this?
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NewsWiggle targets US with dotcom launch
Bikes etailer Wiggle is targeting US sales with the launch of a Wiggle.com site.
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NewsPets at Home to launch customer loyalty card
Pets at Home will launch its first loyalty card next week to increase sales and gain customer insight.
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NewsFifty Shades range will make 'sex toys mainstream', says Lovehoney
Lovehoney believes its exclusive Fifty Shades of Grey licensing deal will open the door to sex toys being sold in mainstream retailers.
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NewsRobert Dyas boss Graham Coles to stand down
Robert Dyas chief executive Graham Coles is to step down after eight years in charge of the hardwares specialist in order to focus on new non-executive positions.
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NewsMoonpig drags owner PhotoBox into loss
Moonpig’s owner PhotoBox was pushed into the red last year after acquiring the online greetings card retailer.
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AnalysisAnalyisis: Why do US investors want to bag a value chain like B&M Bargains?
The UK love affair with value retailers seems to have spread across the pond as it emerges that US private equity groups are the main backers leading the charge for B&M Bargains.
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NewsAmerican interest in B&M bargains could spark more value buys
American private equity groups are at the forefront of the race to buy up-for-sale retailer B&M Bargains which could trigger further acquisitions in the UK value sector.
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AnalysisVideo: First look at John Lewis' Christmas advert
John Lewis’ much-anticipated Christmas advert is dubbed ‘The Journey’ and is based around the extra lengths consumers go to find the perfect gift.
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NewsToys R Us UK profits halve as it opens stores
Profits at big-box toy retailer Toys R Us almost halved last year.
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NewsThe Entertainer eyes international growth
The Entertainer is eyeing overseas expansion after it revealed a surge in full-year profits and expansion of its online offer.
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NewsIn pictures: John Lewis launches Christmas ad
The much-anticipated John Lewis Christmas ad will launch tomorrow with the strapline ‘Give a little more love this Christmas’.