All General merchandise articles – Page 163
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NewsThree quarters of retailers resort to summer Sale
Almost three quarters of high street retailers are on Sale or advertising promotions in their shop windows, up from 40% three years ago.
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News
Costco to take full ownership of Mexican subsidiary
Costco is to take full ownership of its Mexican subsidiary after reaching an agreement to purchase Comercial Mexicana’s 50% share for pesos10.65bn (£529m).In addition, Costco Mexico has declared a cash dividend of approximately pesos4.8bn (£238.4m), 50% payable to a subsidiary of Costco and the remaining 50% to Comercial Mexicana. The ...
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AnalysisProfile: Kevin Styles, chief executive, American Golf
The new chief executive of specialist sports retailer American Golf should quickly get into the swing of things as he focuses on continued growth and multichannel.
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AnalysisGrocers’ move into digital entertainment: What do retailers need to know?
Supermarket giants Sainsbury’s and Tesco see digital entertainment as a key driver of growth in their non-food strategies
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NewsDisney Store: Transforming UK trading
The children’s retailer aims to sprinkle some fairy dust on its UK fortunes.
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NewsDisney Store losses widen as it invests
Disney Store losses widened in the year to October 1, 2011 as it invested in the launch of its websites in France and Germany.
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NewsRetail sales values jumped 3.9% in May
Retail sales values, excluding fuel, jumped 3.9% year-on-year in May as Brits prepared to celebrate the Queen’s Diamond Jubilee.
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OpinionRetailers must do their research before international expansion
Recently I returned from a trip to China where I visited Hong Kong, Shanghai and Beijing developing an advisory package for retailers looking at expansion opportunities in the increasingly competitive Chinese market.
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NewsKiddicare to roll out localised websites
Morrisons-owned maternity etailer Kiddicare is localising prices on its international websites to make its offer more targeted and competitive.
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News
Woolworths to reduce number of self-checkouts
Woolworths plans to reduce the number of self-checkouts in city stores, ZDNet.com has reported.The retailer has already installed about 2,000 NCR Selfserv Checkouts throughout its store portfolio but is expected to remove them from inner-city locations. They will be replaced by a single-line queue.Woolworths said the change was “about customer ...
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News
Sporting goods retailer Oxylane opens flagship Decathlon store
French sporting goods retailer Oxylane has opened a flagship Decathlon store in Taiwan.The new store is 53,800 sq ft in size and will be expanded to 86,000 sq ft. It will be one of the largest Decathlon stores in Asia, aiming for annual sales of T$500m (£16.9m). Decathlon Taiwan plans ...
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OpinionBoost for Argos as it stems decline
So used has the City become to dismal trading at Home Retail’s flagship Argos business that any sign of respite prompts jubilation.
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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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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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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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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.