All General merchandise articles – Page 164
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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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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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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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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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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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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.
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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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News
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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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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AnalysisCostco’s caution pays off in ‘fragile’ environment
US-based Costco’s third-quarter earnings registered slightly above its expectations.
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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