All General merchandise articles – Page 169
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GalleryStore of the week: Mini, Westfield Stratford
Westfield Stratford isn’t really the sort of place that you’d head for if you want to buy a car or indeed accessories that might be associated with it, but the Mini pop-up store might help to change your mind.
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NewsLandlords slam "underhand practice” of pre-pack administrations
Landlords have slammed the “growing underhand practice” of insolvency practices such as pre-pack administrations that they say siphons “tens of millions of pounds out of pensioners’ savings into the pockets of private investors profiting from retail failure”.
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NewsRetail sales rise in March, ONS reports
Retail sales surged year-on-year and month-on-month in March, official data showed.
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AnalysisProfile: Aziz Tayub, Poundstretcher owner, chairman and chief executive
He may shun the spotlight, but the Poundstretcher boss has drawn the industry’s attention with plans to expand into the Middle East.
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OpinionM&S still a work in progress
Marks & Spencer’s fourth-quarter update on Tuesday failed to meet market expectations and the share price fell sharply.
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AnalysisAnalysis: WHSmith gets interesting with Kobo drive
It’s not often that WHSmith takes you by surprise. Year in year out, group chief executive Kate Swann’s story has been about maintaining a usually healthy overall profit by running an exceptionally tight ship. But alongside today’s financials came an announcement that shows intriguing multichannel innovation from a retailer not renowned for creative thinking.
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AnalysisCampaign of the week: Harrods Pinterest
Pinterest is a comparatively new platform for retailers to try, and Harrods is one of the first UK brands to do something interesting with it.
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News
Target's Canadian plans under government review
General merchandise retailer Target’s plan to enter Canada is being reviewed by the government to decide if books and other cultural ranges have enough Canadian content.Target spokeswoman Lisa Gibson said that this analysis will concentrate on books, DVDs, music and magazines as the government is committed to making sure investments ...
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Walmart to focus on expanding existing operations
Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...
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Galeries Lafayette to revamp flagship store
Department store business Galeries Lafayette plans a E85m (£71.8m) investment at its flagship store on Boulevard Haussmann in Paris.The retailer intends to expand the space dedicated to luxury goods, leather products, jewellery and footwear. As part of the renovation, Louis Vuitton, Cartier and Chanel outlets will be located on two ...
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Bharti Walmart to establish online operations in India
Bharti Walmart is likely to set up an online operation in the country with the grocer reportedly looking to partner with domestic ecommerce companies. Online retailing is gaining ground in India with several companies such as Amazon’s Jungle.com coming to the market, an indirect entry owing to the current restrictions ...
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AnalysisMarks & Spencer fourth quarter: What the analysts say
The City passes judgement on Marks & Spencer’s trading statement
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OpinionWill wifi in shopping centres kill physical retail?
Shopping centre owner Land Securities’ new wifi initiative, revealed last week, seemed like a controversial move on first sight.
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NewsMarks & Spencer sales hit by stock shortage
Marks & Spencer was hit by a shortage of top fashion lines that undermined general merchandise sales in the fourth quarter.
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AnalysisAnalysis: Will Poundstretcher feel the heat as it expands to the Middle East?
Poundstretcher’s imminent move into the Middle East is bold, making it the first UK value variety store to be truly international, as rivals such as Poundland and 99p Stores have only ventured as far as Ireland.
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AnalysisAnalysis: Mothercare takes baby steps towards revival
Mothercare chairman Alan Parker promised radical action when he kickstarted a full review of its UK business, and radical action is what we’ve got.
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AnalysisMothercare: what the analysts say
The analyst community has its say on Mothercare’s move to close a further 110 stores as part of its strategy to quell its declining UK sales:
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News
Staples mulls store closures
Staples is considering around 30 store closures as part of a property review.
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NewsMothercare to axe a further 110 UK stores
Mothercare is to close a further 110 UK stores as part of its turnaround strategy as its full year UK like-for-likes plunge.
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NewsClinton Cards expected to appoint KPMG to advise on restructure
Clinton Cards is set to bolster its stable of advisors with the appointment of KPMG after being forced to shelve the sell-off of its Birthdays chain.