All General merchandise articles – Page 158
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AnalysisHome Retail Group: What the analysts say
Home Retail Group, owner of Argos and Homebase, has delivered a better-than-expected performance, as total sales at catalogue retailer Argos edged up 0.2% to £819m, while Homebase was hit by the wet weather. Despite the surprising numbers, analysts remain cautious.
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NewsArgos sales trend improves
Argos has posted a better-than-expected like-for-like slip of 0.2% in its first quarter as its multichannel offer paid off.
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News122 Clinton Cards stores to shut this week
Administrator to Clinton Cards Zolfo Cooper will close 122 stores by next Thursday, June 21, in the next stage of a 350-store closure programme.
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NewsShop rents fall across UK but London bucks trend
Retail rents continued to fall last year as landlords struggled to keep their properties occupied.
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NewsHalfords mulls introducing rapid delivery for car parts
Car part and cycles specialist Halfords is looking at fast-delivery options, including Shutl, for customers making distress purchases.
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NewsBarry Bown takes charge as Blacks losses widen
JD Sports Fashion boss Barry Bown has taken over the running of its troubled Blacks chain as losses widened at the outdoor business it is understood.
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NewsWilkinson pulls out of the running for Robert Dyas
Wilkinson has withdrawn its interest in bidding for hardware retailer Robert Dyas, it is understood.
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AnalysisWH Smith: What the analysts say
WH Smith has reported a 1% fall in total sales and a 3% fall in like-for-like sales in the 15 weeks to 9 June 2012. Analysts say it continues to benefit from its skill in cost-cutting, but in the longer term investment will be needed.
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NewsWH Smith confident about full year despite sales fall
Bookseller and stationer WH Smith group like-for-likes were down 3% in the 15 weeks to June 9.
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News
Future Group to sell stake in Future Capital Holdings
Multi-format retailer Future Group is to sell its stake in Future Capital Holdings (FCH) to private equity firm Warburg Pincus. As part of the transaction, Pantaloon Retail and its subsidiary Future Value Retail will sell their stake in FCH to Cloverdell Investment Limited, an affiliate of Warburg Pincus.V Vaidyanathan, vice-chairman ...
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OpinionBacking the mould-breaking retailers of tomorrow
The issues facing the retail industry are well known. Consumers are spending less, demanding greater convenience, shopping online and are increasingly value savvy.
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AnalysisAnalysis: Deal wrapped up at Clinton Cards but tough work lies ahead
Clinton Cards’ new owner American Greetings will have to make radical changes to return the retailer to profitability.
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NewsClinton Cards to abandon orange branding
Clinton Cards is to get the makeover treatment as new chief executive Dominique Schurman revealed plans to scrap the brand’s distinctive orange colour.
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NewsWellworths entrepreneur leaves business
The entrepreneur behind Wellworths, the chain launched in the wake of Woolworth’s demise on one of its former sites, has left the business to set-up RRP UK, a consultancy to help other aspiring retailers.
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NewsJubilee footfall dampened by wet weather
Footfall fell 1.56% in total across the Jubilee bank holiday against the Whitsun bank holiday last year, as the wet weather on Sunday kept shoppers away from the high street.
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AnalysisHalfords: pedalling back toward growth
The high price of petrol and dwindling sat-nav sales have hit Halfords, but the retailer aims to map out new routes to success.
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NewsClinton Cards bought out of administration by American Greetings' subsidiary
Clinton Cards has been rescued out of administration by Lakeshore Lending, a subsidiary of Clinton Card’s largest creditor American Greetings.
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InterviewQ&A: Trevor Moore on Jessops' full year figures
Jessops’ chief executive Trevor Moore explains how the retailer has delivered a profits rise in a declining market.
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NewsBolland and King take bonus cut
Retail supremos Marks & Spencer boss Marc Bolland and Sainsbury’s chief executive Justin King both took bonus cuts in the last financial year as executive pay in the sector comes under scrutiny.
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NewsJubilee boost for retail as Brits get into party spirit
The Queen’s Diamond Jubilee provided retailers with a much-needed footfall boost as shoppers got into the party spirit.