All General merchandise articles – Page 182
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NewsSales slide at Argos
Argos suffered another big sales decline in its second quarter, but the retailer is confident that consumers will spend this Christmas.
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News
Joint venture between Woolworths and Lowe’s opens
Woolworths and US DIY retailer Lowe’s have opened their first store in Melbourne, Australia. The joint venture is a 145,315 sq ft hardware warehouse, and is the result of three years of planning. The store represents Lowe’s first foray outside North America and is the first joint venture of this ...
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NewsShop price inflation slows in August
Shop price inflation slowed in August to 2.7% compared to 2.8% in July.
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NewsRetail sales hold up in August, despite riots
Last month’s riots in English cities had little impact on retail sales, which edged down 0.6% like-for-like during August.
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OpinionCreating better stores
Clinton Cards is changing its management and stores, but there is much to be done.
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NewsCountrywide launches own-brand value offer
Rural specialist Countrywide is to launch a value range to enhance its appeal to shoppers and protect margin during tough trading conditions.
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NewsWHSmith launches £50m share buy-back programme
WHSmith is to run another £50m share buy-back scheme this financial year following the success of last year’s programme.
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OpinionPoundland distances itself from Poundworld
Fixed pricing, pound retailing, the round pound – call it what you like, but it seems to be everywhere I turn.
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NewsTesco looks East for funds with 'dim sum' bond issue
Grocery giant Tesco has become the first international retailer to raise money in China with the issue of a ‘dim sum’ bond.
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News
Walmart launches new double-decker store
Walmart has launched a new double-decker store concept in Dallas, Texas, featuring a Walmart store on the top floor and Sam’s Club below. The store has been designed to save Walmart money by maximising the use of the land being used, while offering customers the convenience of a one-stop shop. ...
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AnalysisRetail Week On The Road: Midlands
We visit Birmingham, Leicester, Derby, Market Harborough and Nottingham
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NewsHome Retail shares dip as broker sounds alarm
Shares in Argos-owner Home Retail took a hit as broker Seymour Pierce switched its stance from hold to sell and argued a restructuring of the catalogue store business was likely.
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NewsNew marketing director outlines plans to transform Clintons brand
Clintons’ new marketing boss has outlined a strategy to transform the greetings card retailer’s brand that could include party organising and Red Letter Day-type offers.
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NewsDownturn finds H&T enjoying expansion
Pawnbroker H&T has given the green light to store expansion after its half-year profits jumped.
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NewsCountrywide seeks acquisitions as sales rise
Rural specialist Countrywide is on the look-out for acquisitions after maintaining retail profitability and increasing sales last year.
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News
Dollar Tree reports second quarter results
Discount chain Dollar Tree has reported its results for the second quarter ended July 30. Consolidated net sales increased 11.9% to $1.54bn (£935m) compared with the previous year, while like-for-like sales increased 4.7%. Based on estimated comparable sales growth, Dollar Tree anticipated third quarter sales to range between $1.56bn (£947m) ...
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NewsFunky Pigeon trial stores open
WHSmith has opened its first three Funky Pigeon shops, selling stationery and greetings cards.
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News99p Stores to launch in Ireland with €uro 50 Stores format
99p Stores is to launch in Ireland next month adopting a price-capped business model and trading as €uro 50 Stores.
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NewsBusinesses set up further High Street Fund for riot hit retailers
A further nationwide High Street Fund has been set up to help small business affected by the riots that hit England this month.
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NewsWHSmith full year to be in line with expectations
WHSmith said that it expects full year figures to be in line with market expectations.