All General merchandise articles – Page 159
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NewsDiamond Jubilee contributes to weekly footfall surge of 8.6%
Footfall surged 8.6% week-on-week in the seven days including the weekend of the Queen’s Diamond Jubilee, according to footfall data from Experian.
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NewsWilkinson chief executive Stuart Mitchell to step down
Stuart Mitchell, chief executive of value retailer Wilkinson, is to step down after almost six years in the role.
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NewsHome Retail boss's bonus sparks investor anger
Argos-owner Home Retail’s investors are expected to voice anger following the award to chief executive Terry Duddy’s of a hefty bonus.
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Seven & I plans new 7-Eleven stores in the US and Canada
Convenience store operator Seven & I plans to add 630 new 7-Eleven stores in the US and Canada by the end of the year. The retailer has built and acquired a total of 600 stores in the US and Canada in 2011 and 56% of its US growth has been ...
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AnalysisCostco’s caution pays off in ‘fragile’ environment
US-based Costco’s third-quarter earnings registered slightly above its expectations.
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AnalysisAnalysis: Simon Calver promises to restore Mothercare's fortunes
New chief executive Simon Calver explains how a focus on ‘basic retail’ will restore Mothercare to health.
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NewsPoundstretcher's Dubai store opens
Poundstretcher’s first overseas store opened in Dubai on Sunday in the opulent Madina Mall.
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AnalysisHalfords: What the analysts say
Halfords is looking to “evolve” its strategy in the new financial year after posting group pre-tax profit down 26.6% to £92.2m for the year to March 30 amid concerns that the tough economic climate has impacted motorists and the weather has dampened cycle sales
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NewsHalfords upbeat despite 26.6% pretax profit plunge
Halfords is looking to “evolve” its strategy in the new financial year after posting group pre-tax profit down 26.6% to £92.2m for the year to March 30.
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Walmart plans small stores roll-out
Walmart plans a roll-out of its smallest format stores. US chief executive Bill Simon told an investor conference that its 12,000 to 15,000 sq ft Walmart Express stores, in locations including Chicago and North Carolina, are performing ahead of expectations. Walmart has 10 of the stores, which include grocery and ...
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NewsRetailers hope for Jubilee spending spree
Retailers hope the Queen’s Diamond Jubilee weekend will spark a rush of celebratory spending and lift consumer confidence after a wet spring dampened sales.
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NewsClinton Cards deal to be struck within days
Clinton Cards looks likely to be bought out of administration by the end of next week if not earlier as would-be suitors jostle to take control.
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AnalysisDiamond Jubilee: How retail has changed over 60 years
As the nation hangs out the bunting and prepares for street parties to celebrate the Queen’s Diamond Jubilee, Rebecca Thomson looks at the transformation of retail during her reign.
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NewsConsumer confidence rises despite the double dip recession
Consumer confidence increased two points month-on-month in May to -29 as people feel more positive about future prospects, according to GfK’s Consumer Confidence Index
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OpinionSurviving the company turnaround
As headhunters we often unsurprisingly nowadays get to work alongside turnaround companies parachuting in either interim or permanent executives to help effect a turnaround.
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OpinionM-commerce puts the high street under pressure
To click or to wander? Last month, Boston Consulting Group published findings stating that the UK has the largest internet economy of the G20.
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Discount chain Penny requests supplier contribution
Rewe Group’s domestic discount chain Penny is asking brand and private-label suppliers for a contribution of 2% to 2.5% of their sales to support its refurbishment programme. Penny is offering for suppliers to be featured in promotions and special leaflets in return. Since the end of February, Penny has converted ...
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NewsPoundland launches mobile app
Poundland has launched a mobile app to inform customers about special offers and how to find its stores.
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Target reveals net earnings increase
Mass merchandiser Target revealed that net earnings for the first quarter of 2012 rose 11.5% to $697m (£441.5m) year on year. Sales increased 6.1% from $15.6bn (£9.88bn) to $16.5bn (£10.45bn) due to a 5.3% rise in like-for-like sales and the contribution from new stores. EBIT was $1.12bn (£709.4m), an uplift ...
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AnalysisWalmart prospers in US but stuggles with digital
Recording its third consecutive quarter of positive comps growth, it appears Walmart has finally found momentum in the US by going back to basics Walmart US reported a 2.6% rise in first-quarter like-for-like sales, excluding fuel, last week.