All General merchandise articles – Page 160
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AnalysisIn the news: Morrisons new chairman Andrew Higginson profiled
Andrew Higginson has been hired as the new Morrisons chairman and at the same time he has stepped down as Poundland chairman.
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OpinionThe pound stores look quids in for growth
The addition of industry veteran Andrew Higginson to the board of Poundland and Monday’s news that 99p Stores has posted an uplift in profits is further evidence of the maturing status of the single-price sector.
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AnalysisProfile: Dennis Millard, Halfords
Halfords’ chairman Dennis Millard, who took up his position three years ago, was this morning appointed executive chairman as he takes over the running of the business on a temporarily basis after David Wild exited this morning.
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NewsJubilee fails to boost retail sales in June
UK retail sales volumes increased by just 0.1% last month compared to May, as the Diamond Jubilee failed to give retailers a significant boost in June.
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OpinionComment: Halfords - Are the wheels coming off?
The Aztecs used to indulge in a bit of human sacrifice to appease the gods and it has become customary for companies to imitate the process when it comes to issuing repeated profit warnings.
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NewsMothercare UK like-for-likes drop 6.7% in first quarter
Mothercare UK like-for-likes dropped 6.7% in its first quarter, which chairman Alan Parker said was in line with its expectations.
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NewsHalfords boss Wild exits as it warns on profits
Halfords chief executive David Wild has exited the retailer as it warned on profits following a weak first quarter.
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NewsHalfords Autocentres hires business development director
Halfords Autocentres has hired a business development director to drive fleet and business to business trade as the retailer invests in the growing division.
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NewsInflation falls to 2.4% in June
Inflation fell to 2.4% in June, down from 2.8% in May – the third consecutive month the annual rate has fallen as retailers started summer sales earlier than usual due to the wet weather, according to figures from the Office for National Statistics.
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InterviewQ&A: Hussein Lalani, 99p Stores commercial director
Although growth has slowed, 99p Stores today posted double digit pre-tax profit growth and strong like-for-like sales last year. Retail Week speaks to managing director Hussein Lalani about the continuing popularity of the chain.
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NewsThe Original Factory Shop EBITDA soars in first quarter
The Original Factory Shop EBITDA jumped 20% in its first quarter.
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News99p Stores profit up but growth slows
99p Stores posted a 13% surge in pre-tax profit for the year to January 31 but growth slowed considerably against last year when it experienced a rocketing 350%pretax profit increase.
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GalleryStore gallery: Halfords experiments with ‘Lab’ stores
Three trial stores are designed to change the face of Halfords by clarifying the offer. John Ryan catches a glimpse of the future.
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NewsPoundstretcher boss drafts in former Peacocks colleagues
Poundstretcher boss Richard Kirk has hired five former senior executives from Peacocks, the retailer he used to lead until it went into administration in January.
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AnalysisCampaign of the week: Wiggle, Tour de France
You’d expect the online cycling retailer to make the most of the Tour de France, and Wiggle is going all out for the event.
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NewsHi-tech gadgets top The Entertainer’s must-have toy list this Christmas
Technology-led toys such as tablets LeapPad 2 and Innotab 2 dominate the list, which also features a robotic bug game called the Hexbug Nano Hive Playset.
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NewsPaphitis eyes more deals after Robert Dyas purchase
Entrepreneur intends to grow the 96-store hardware retailer and tap into trend for convenience.
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AnalysisChristmas in July: Looking ahead to the festive season
As retailers gear up to grab share of seasonal spend, Retail Week takes a look at the festive ranges on offer to excite shoppers.
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NewsWestfield Stratford signs more retailers ahead of Olympics
Westfield Stratford City has signed up new retailers in the run up to the Olympics.
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AnalysisProfile: Andrew Higginson, Poundland chairman
Soon to retire Tesco chief executive of retailing services Andrew Higginson has joined the boards of N Brown and Poundland. What will he bring in his new roles?