All General merchandise articles – Page 176
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News
99 Cents Only Stores reports sales increase
Discount retailer 99 Cents Only Stores has reported that sales for the second quarter ended October 1 rose 8.8% to $363m (£226m) compared with $334m (£208m) for the prior year period.Total retail sales were $352m (£220m) against $323m (£202m), while like-for-like sales increased 6.7%. The number of like-for-like sales transactions ...
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AnalysisIn for a pound
Poundland’s popularity has continued to grow thanks to the appeal of its single-price point and broad product range, and now boss Jim McCarthy plans to attract web customers too. By Tiffany Holland.
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NewsToys R Us suffers year-end profit slump
Specialist retailer Toys R Us suffered a profit plunge of 27.1% last year.
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NewsNew flagship store for Hallmark
Greetings card retailer Hallmark unveiled its new flagship store in Leeds last week, showcasing its “less formal” brand positioning.
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NewsNew chief at Clintons reveals recovery plan
Greetings card retailer Clintons is leading a four-pronged strategy to turn the struggling business around, including a property review that could include closing underperforming stores.
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News
Kesko appoints Arja Talma
Grocery and general merchandise retailer Kesko has appointed Arja Talma as president of Rautakesko and corporate management board member responsible for Kesko’s building and home improvement trade. Talma has been Kesko’s chief financial officer since 2005 after joining the company in 2004.Minna Kurunsaari has been named corporate management board member ...
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NewsRobert Dyas sale put on hold to see how it performs over Christmas
The sale of Robert Dyas has been delayed until next year so that would-be suitors can evaluate Christmas trading.
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NewsRetailers feel the heat as consumers save
Store stocks nudged up over the week, but analysts and retailers alike wrung their hands about trading prospects and consumer health as the countdown to Christmas continued.
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OpinionIs this the calm before the storm for retailers?
Every time the ONS or BRC issues sales figures that are not as bad as expected, the retail industry is accused of crying wolf.
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OpinionArgos will have to fight in China
Back in the summer, at the time of Home Retail Group’s full-year results, I asked Terry Duddy whether international expansion might make sense for Argos.
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AnalysisSouth Africa’s Pick n Pay seeks to follow Tesco’s lead
South Africa’s second-largest grocery retailer Pick n Pay has launched a premium private-label line.
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AnalysisProfile: Darcy Willson-Rymer
The former Starbucks man is no stranger to turnarounds, but does he have what it takes to give the flagging Clinton Cards a shot in the arm, Tiffany Holland reports.
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NewsStruggling Clintons suffers profit plunge
Greetings card retailer Clinton Cards has suffered a slide in full-year profits but is embarking on a turnaround programme and has agreed a credit extension with lenders.
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NewsToys R Us gears up for Christmas
Toys R Us is gearing up for the crucial Christmas trading period with a new ad campaign and the opening of six new shops.
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NewsHalloween sales growth slows
Sales growth in Halloween products is expected to slow this year as consumers rein in their spending in the tough climate.
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NewsTop Toys for Christmas revealed
A boardgame called Doggie Doo and a tablet computer for kids are among the top toy picks predicted by toys retailer The Entertainer.
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NewsThe Range revamps website
Furniture and homewares retailer The Range has revamped its website to simplify the buying process.
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NewsArgos launches TV shopping on Freesat
Multichannel retailer Argos’s TV shopping operation has extended its reach through a tie-up with satellite TV firm Freesat.
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NewsPets retailer Jollyes profits rise
Pets retailer Jollyes Group has posted a 7.6% increase in EBITDA to £6m in the year ended 31 May 2011.