All General merchandise articles – Page 172
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NewsHallmark plays international card
Greetings card retailer Hallmark has laid out plans for international expansion as it launches a business review under new chief executive Steve Wright.
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AnalysisBuild-a-Bear Workshop: The bear necessities
Launched 14 years ago, Build-a-Bear Workshop still enjoys healthy success. By Charlotte Hardie.
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NewsFood retailers slide as sentiment worsens
As the Christmas trading statements started to come thick and fast, general retailers just about held their own against the market.
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AnalysisBeating a UK retreat
As Best Buy officially pulls out of the UK this weekend, Charlotte Hardie considers why it and many other international big shots have failed in their bid to conquer the UK.
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AnalysisUS discounters turn up the heat in grocery sector
Last week, US-based discount retailer Family Dollar posted a 7.6% increase in net sales to $2.1bn (£1.36bn) on the back of strong growth in the consumables category.
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NewsEcommerce drives Ryman profits surge
Stationery specialist Ryman will continue to expand this year despite the tough economic conditions after delivering a strong full-year performance.
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NewsHalfords like-for-likes drop 4.8% Q3
Car parts and cycle specialist Halfords like-for-likes dropped 4.8% in the third quarter after comparatively warm weather affected car maintenance sales.
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NewsArgos like-for-likes plummet 8.8%
Argos like-for-like sales plummeted 8.8% for the 18 weeks to December 31.
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News
Aeon reports revenue increase
Japanese variety retailer Aeon has reported its financial results for the nine months ended November 30, 2011. Revenue rose to ¥3.75 trillion (£31.6bn) compared with ¥3.73 trillion (£31.4bn) reported for the same period the previous year. Net profit was ¥36.54bn (£307.7m), 25.6% lower than the ¥49.12bn (£413.7m) reported last year. ...
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News
Seven & I posts operating income increase
Retail group Seven & I posted results for the nine months to the end of November, with operating income up ¥216.2bn (£1.82bn) compared with ¥175.7bn (£1.48bn) the previous year. Revenue from operations was ¥3.54 trillion (£29.8bn), lower than the ¥3.8 trillion (£32bn) reported for the same period the previous year. ...
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AnalysisMargins: What do retailers need to know?
Many retailers started their Sales early during the Christmas period. What are the implications of discounting on retailers’ margins?
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NewsHawkins Bazaar deal expected next week
Administrators to troubled Hawkins Bazaar are expected to reveal whether it has struck a deal with interested parties by the beginning of next week after its parent company Tobar Group collapsed into administration last month.
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News
Merger announced for Shopko and Pamida
Shopko and Pamida, both owned by an affiliate of Sun Capital Partners, are to merge. The retailers expect the deal to close in mid-February, and financial details have not been disclosed. With Shopko and Pamida’s annual revenues of $2bn (£1.29bn) and $1bn (£647.4m) respectively, the companies will operate nearly 350 ...
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News
Target announces Canadian store locations
Target has announced the locations of its first 24 stores in Canada. The Ontario stores will open in March and early April 2013 in London, Kawartha Lakes, Newmarket, Milton, Cambridge, Toronto, Mississauga, Ajax, Orillia, Brampton, Windsor, Burlington, Aurora, Fergus, Hamilton, Guelph, Waterdown and Whitby. Target Canada president Tony Fisher said ...
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NewsPast Times closes 47 stores as it is granted breathing space from administration
Epic, owner of troubled gifts retailer Past Times, has another 10 days to conclude a deal or appoint administrators after it successfully applied for an extension on its notice to appoint an administrator as talks with interested parties continue.
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NewsTiger sales soar 21% in December
Value homewares and accessories retailer Tiger has posted a 21% sales increase for December, as it continues to grow its chain of stores.
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NewsRetail businesses in administration set to rise in coming months, warns BRC
The rise in business rates in April will fuel growth in the number of retail businesses going into administration, the British Retail Consortium (BRC) has warned.
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Opinion2012: Challenging times ahead
One of the challenges of writing an article is that you are given a theme and asked to write 350 words on that subject.
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NewsPets at Home posts "robust" half-year performance
Pets at Home remains confident of growth potential after it posted a like-for-like rise in the half-year to September 2011.
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NewsTesco non-food boss Per Bank to leave
Tesco UK non-food commercial director Per Bank is to leave the top grocer to become chief executive of Scandinavian food retailer Dansk Supermarked.