All General merchandise articles – Page 15
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Opinion‘As margin pressure builds, retail media businesses offer chance to drive high returns’
Retail media networks are one of the fastest growing media sectors in Europe and offer a significant opportunity, say McKinsey’s Anita Balchandani and Craig Macdonald
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AnalysisAnalysis: How The Range went from market stall origins to cracking UK’s top 30 retailers
In Retail Week’s recent ranking of who the top 30 retailers in the UK will be by 2026, The Range and Adidas were the two new entries that are set to take the 28th and 30th spot respectively.
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NewsVery Group promotes CFO to chief finance and transformation officer
The Very Group has promoted chief financial officer Ben Fletcher to the newly created role of chief finance and transformation officer with immediate effect.
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NewsExclusive: Tycoon Paphitis reports strong Christmas in store and brands’ return to profit
Entrepreneur Theo Paphitis, owner of Ryman, Robert Dyas and Boux Avenue, revealed a Christmas sales uplift across the board and a return to the black for key brands.
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NewsWilko to launch click and collect across all stores
Wilko is expanding its omnichannel capability by launching a click-and-collect service for the first time across all of its UK stores.
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NewsTesco buys Paperchase brand leaving future of stores and workers uncertain
Tesco has this morning snapped up stationery retailer Paperchase’s brand and intellectual property, casting a shadow over the future of its workers.
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NewsPoundstretcher announces pay rise for employees as inflation soars
Poundstretcher announced that it would give a 10% pay rise to nearly 4,000 employees, effective from April 1.
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NewsPaperchase faces collapse as solvent rescue hopes fade
Paperchase is on the brink of collapse as hopes of a solvent rescue deal have faded.
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AnalysisStrategy spotlight: Five ways Sainsbury’s will stand out in a fiercely competitive market
As Costcutter-owner Bestway takes a stake, Sainsbury’s finds itself holding a challenging middle-market position between the discounters at one end, and Waitrose and Marks & Spencer at the other. Retail Week’s Prospect analysts explore five ways Sainsbury’s will differentiate itself in a fiercely competitive market.
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NewsPoundland announces store transformation project
Poundland is embarking on the “biggest transformation of its store estate” yet, which will see 50 stores open, expand or relocate across the UK before the end of September 2023.
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InterviewInterview: Jollyes CEO Joe Wykes on expansion, competition and staff happiness
From new store openings to Christmas trading results, petcare retailer Jollyes is celebrating a year of record-breaking and chief executive Joe Wykes has no intention of taking his foot off the accelerator
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NewsThe Works eyes growth following bumper Christmas despite deepening losses
The Works has predicted a growth in profit for the year following a bumper Christmas period, despite losses deepening in the first half.
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NewsWaterstones profits soar as post-pandemic shoppers flock to stores
Waterstones recorded an increase in full-year profits as sales soared post-pandemic.
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NewsArgos Ireland closure and Lloydspharmacy withdrawal from Sainsbury’s put 2,600 jobs at risk
Around 2,600 retail jobs could be lost after Argos revealed it will end its operations in Ireland and Lloydspharmacy decided to close its branches in Sainsbury’s stores.
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NewsMamas & Papas unveils new chief executive as it targets global expansion
Mamas & Papas has announced key changes to its executive team ahead of its planned expansion into international markets.
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NewsWHSmith in ‘strongest ever position’ as international travel opens up
WHSmith is in its “strongest ever position as a global travel retailer” after travel revenues across its UK and international travel businesses soared.
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NewsJollyes delivers 'all-time high' Christmas as shoppers pamper pets
Pets retailer Jollyes posted record Christmas sales across stores and online as a result of increased demand from shoppers pampering their animals despite financial pressures.
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AnalysisAnalysis: How retail confounded the doom and gloom to achieve a very merry Christmas
As soon as retailers’ Christmas updates started coming in, it was clear that something unexpected had happened – the festive season had been better than anticipated for many
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NewsPepco sales soar off the back of ‘very successful Christmas’
Poundland parent company Pepco has reported a boost in sales in the lead-up to Christmas and said it expects “another year of consistent performance” in 2023.
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AnalysisAnalysis: After a bumper Christmas, is Argos finally back to its best?
Argos was the surprise star performer for Sainsbury’s over Christmas, driving strong general merchandise sales growth. After years of underperformance, is Argos back at its best?