All General merchandise articles – Page 189
-
NewsGeneral retailers up but grocers subdued
Last week’s Super Thursday round of updates brought plenty of depressing news as big names such as Dixons and Halfords warned that profits would only make the low end of expectations.
-
News
Massmart H2 sales increase 13.3% to £2.5bn
Massmart - the company in which Walmart intends to take a 51% stake before the end of March this year - has announced its preliminary financial results for the six months to the end of December, 2010.Sales increased 13.3% to R27.5bn (£2.5bn). Like-for-like sales jumped 7.3%. The Mass discounters division ...
-
News
Aeon to expand My Basket neighbourhood stores to 1,000 shops by 2013
Retail giant Aeon plans to expand the number of My Basket neighbourhood stores to about 1,000 shops by 2013. Most stores are expected to open in Tokyo.My Basket was launched in December 2005 and, although the average size of 1,615 sq ft is only slightly larger than typical convenience stores, ...
-
NewsJessops Christmas like-for-likes up 3%
Camera specialist Jessops like-for-likes grew 3% over Christmas as “choice and service” helped grow sales.
-
NewsMassmart shareholders approve Walmart deal
South African retailer Massmart’s shareholders have approved a $2.39bn tie-up with Walmart.
-
NewsThe Hut sales leap 70% in 2010
Online retailer The Hut’s sales jumped 70% for the year to December 31.
-
NewsPrimark sales director lands senior Target role
Primark sales director Allan Molloy is leaving the value fashion giant to join Australian retailer Target.
-
NewsInvestors still cold on the retail sector
General retailers and grocers were both left on the shelf by investors and the market was flat overall.
-
NewsGeneral retailers look a better bet than grocers
General retailers provide a better investment opportunity than food retailers in 2011, Oriel analysts believe.
-
NewsTesco starts selling tyres
Tesco is moving into the car parts trade when it launches a tyre-selling service online next month.
-
NewsArgos-owner Home Retail reports better than expected Christmas
Argos-owner Home Retail Group took a sales hit of between £20m and £30m hit over Christmas because of the snow but full-year profits are likely to be better than feared.
-
AnalysisRose: the legacy
After almost seven years, Sir Stuart Rose has finally cut his links to Marks & Spencer. How big an impact did he have on the retailer, asks George MacDonald
-
NewsRyman sales and profits rise despite ‘tough year’
Stationery specialist Ryman generated sales and profits growth last year but cautioned 2011 will be challenging.
-
NewsStore chiefs warn interest rate hike would rock retail
Keeping interest rates low is vital for the retail industry this year, says Next boss
-
News
Target pinpoints 10 locations for small-format stores
Get the knowledgeSubscribers have exclusive access to Retail Week Knowledge Bank. Find out what you’re missing now.Discount variety retailer Target has pinpointed 10 locations where it will open its smaller-format store concept. The list is composed of urban areas with densely populated central business districts and includes San Francisco, Seattle, ...
-
News
J Front Retailing revenue falls 3.1% to £5.4bn
Revenues at department store group J Front Retailing fell by 3.1% to ¥687.8bn (£5.4bn) in the nine months ending November 30, 2010. Operating profit increased by 3.5% to ¥9.3bn (£73.2m) while net profit doubled to ¥4.8bn (£37.8m).
-
NewsClinton Cards warns on profits
Clinton Cards has warned its pre-tax profits will be “significantly lower” than market expectations after the snow hit its December sales.
-
NewsMothercare issues profit warning
Mothercare has warned its profits will be below expectations after the snow impacted its third quarter like-for-likes by around 4%.
-
NewsAsda reports "good" Christmas performance
Asda has reported a “good performance” in the run-up to Christmas, despite Arctic weather conditions.
-
NewsJohn Lewis mid-week sales rise 4.3%
Department store chain John Lewis has reported sales up 4.3% from Sunday to Wednesday, despite freezing weather in some areas, and is preparing for its biggest-ever Sale