All General merchandise articles – Page 179
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NewsRetail sales fall at Halfords
A second quarter like-for-like sales fall at car parts and bikes specialist Halfords’ retail division was counterbalanced by a strong showing from the Autocentres service business.
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NewsMothercare warns on profits as UK like-for-likes plummet
Maternity retailer Mothercare has issued a profits warning as consumer confidence continues to deteriorate following the riots in England.
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NewsCameron urges households to pay off credit and store card debt
Prime Minister David Cameron will today warn millions of cash-strapped households that they should pay off their credit card and store card debt as Britain aims to rebuild itself.
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AutoZone reports net sales increase
AutoZone has reported net sales for the financial year ended August 27, 2011 increased by 9.6% to $8.1bn (£5.2bn). Same-store sales rose by 6.3% while net income was up by 15% to $848m (£547m). Fourth quarter net sales climbed 8.1% to $2.6bn (£1.7bn) while same-store sales grew by 4.5%.Bill Rhodes, ...
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NewsWiggle pedals towards sale or float
Wiggle held a beauty parade last week as six investment banks pitched to advise its potential float, as the bikes etailer also mulls a sale to private equity.
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NewsPast Times moves back into loss, but plans 60 pop-up shops
Gift retailer Past Times made a loss of £1.5m last year, on sales of £46.5m.
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Ikea reveals sales increase
Ikea has revealed that sales rose 6.9% in the year ended August 31, 2011 to reach nearly E25bn (£21.7bn). Over the year, the retailer cut prices and added stores to drive sales. The weak economy meant customers switched to smaller ticket items. Chief executive Mikael Ohlsson confirmed the company’s interest ...
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Colruyt predicts net profit will be below market expectations
Colruyt predicts that net profit this year will be below market expectations and no higher than last year. According to the grocer, the reasons for this are higher food, energy and staff costs.The traditionally cautious Belgian company said it would not be able to fully pass on higher food and ...
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NewsTesco’s Price Drop hits other grocers
Tesco’s share price rose in the week that it launched its Big Price Drop, but the move hit the value of its food retail rivals.
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NewsHobbyCraft to throw in-store kids' birthday parties
HobbyCraft is aiming to create more in-store theatre and make its shops local community hubs as it aims to attract a wider audience.
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NewsClintons delays results announcement
Troubled greetings cards retailer Clintons has delayed the reporting of its prelims by two weeks.
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NewsArgos will not close stores, says Duddy
Argos has maintained it needs a 750-strong store estate despite growing calls from the City to slash store numbers.
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NewsFormer HMV director sets up 'revolutionary' co-buying shopping site BuyaPowa
A former HMV director has today launched a new online co-buying shopping service that allows consumers to use their collective buying power to achieve bulk-buy discounts on branded products.
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NewsPoundland co-founder's retail business Hub collapses
Hub, the variety store retailer set up by Poundland co-founder Dave Dodd, has hit the buffers.
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NewsRecord squeeze on family spending power in August, says Asda Income Tracker
Sustained inflation and the rising cost of fuel, gas and electricity have forced the sharpest decline in family spending power on record, the Asda Income tracker has revealed.
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NewsPoundworld to launch smaller format store
Single price point retailer Poundworld is to open a smaller convenience store format as it continues to expand across the UK.
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Toys R Us reports net sales growth
Toy retailer Toys R Us has reported a 3% growth in net sales for the second quarter ended July 30, driven by store openings and favourable exchange rates at its overseas operations.However, like-for-like sales fell 2.2% in the US and international markets. The company widened its net loss to $34m ...
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NewsIn focus: C&J Clark and Robert Dyas
What have C&J Clark and Robert Dyas in common? Apart from long histories, each has been led more recently by Roger Pedder.
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NewsSales continue to fall at Argos owner Home Retail
Argos owner Home Retail’s shares fell after a second-quarter update showing a continued like-for-like sales fall at the flagship chain and deterioration in trading at stablemate Homebase.
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NewsOnline sales up 14% in August
Online sales were up 14% to £5.3bn in August as fashion drove sales.