All General merchandise articles – Page 162
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NewsWolfson: Recession won't knock consumer confidence
Next boss believes GDP figures will be adjusted to show growth and Jubilee will deliver sales boost.
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AnalysisWalmart launches ‘pay with cash’ online option
Walmart is to launch a ‘pay with cash’ option for online shoppers.
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OpinionThreat of store closures for Argos
Home Retail’s troubling full-year figures and the appointment of strategy consultants OC&C by new Argos boss John Walden has put the spotlight on the future of the general merchandiser’s store portfolio.
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Opinion2012 could be the year of the staycation
Staycations and a summer of sport can help ensure a happy holiday season, says David Wild.
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NewsDoubts raised over need for new Blacks boss as Reynolds resigns
JD Sports’ newly acquired Blacks business may not need its own chief executive analysts said, as incumbent Julia Reynolds resigned after less than a year at the helm.
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NewsThe Argos store is not dead, insists Home Retail’s Duddy
Home Retail chief executive stands by bricks in face of fierce criticism.
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NewsOcado: What lies ahead for the etailer?
The hope is that Ocado’s new fulfilment centre will put operational issues firmly behind it.
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News
Aeon opens shopping centre aimed at senior citizens
Multi-format retailer Aeon has opened its first shopping centre aimed at senior citizens in Funabashi, Chiba Prefecture.The venture is in response to the ageing trend in Japanese society. More than 30% of the population is 65 or older.The centre features a slower escalator speed, large signage, Aeon’s first directly run ...
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AnalysisLondon 2012 Olympics: The final countdown
The London 2012 Olympics are in sight and soon parts of the UK will be busy with sports-loving visitors. Rebecca Thomson reveals what retailers need to do to capitalise and score a podium finish.
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OpinionNick Bubb's verdict: The outlook for Argos
It is an uncomfortable truth that the catalogue showroom store format has died a painful death everywhere else in the world, except in the UK.
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AnalysisRetailers and landlords: Lease conflict time bomb
Retailers and landlords remain in disputes over pre-packs, downscaling, and now monthly rents. Meanwhile, a lease time bomb is ticking, warns Mark Faithfull. However, it could spell good news for retailers.
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NewsToys R Us seeks advisers for £400m debt restructure
Owners of specialist toy retailer Toys R Us are poised to appoint advisers to help restructure £400m of debt, it is understood.
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NewsArgos under review as Walden appoints adviser
New Argos managing director John Walden has ordered a review of the retailer, appointing OC&C Strategy Consulting to advise it on strategy.
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NewsFormer Morrisons director Richard Lancaster joins Poundland
Former Morrisons corporate marketing and operations director Richard Lancaster is to join Poundland.
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NewsJessops' bank mulls exit
Camera specialist Jessops’ largest shareholder HSBC has been in talks with advisers about a possible sale of the retailer by the summer, it is understood.
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AnalysisAnalysis: What will Willson-Rymer do with Clintons?
With the news that ailing greetings card retailer Clinton Cards has delayed publication of its strategic review until next month, Retail Week has put together its own thoughts on what boss Darcy Willson-Rymer will be looking at.
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NewsLovehoney stars in dedicated Channel 4 show
Channel 4 viewers will get a glimpse into the day-to-day world of sex toy etailer Lovehoney when a television programme devoted to the retailer airs next month.
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NewsStruggling Clinton Cards delays publication of strategic review
The unveiling of Clinton Cards’ strategic review, expected today, has been delayed.
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News
Pick n Pay posts sales increase
Pick n Pay increased sales by 8.1% to R55.3bn (£4.76bn) for the year to February 29, while profit fell 10.6% to R1.3bn (£112m). The retailer said that was the result of investment in transformation initiatives. They include the launch of its smart shopper loyalty programme, the sale of Franklins in ...
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News
Metro unifies structure of Makro cash-and-carry operations
Metro has unified the structure of its Makro cash-and-carry operations in Spain and Portugal. The change is part of a strategy to build synergies and improve competitiveness. Makro Portugal has not reached its performance targets over the past few years and is coming under additional pressure from a tough economic ...