All General merchandise articles – Page 191
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NewsJohn Lewis records weekly sales of £100m
John Lewis sales for the week ending Saturday November 27 were just shy of £100m, showing shoppers were not deterred by the snowfall across the country.
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NewsJohn Lewis plans spas to create in-store theatre
Department store chain to open beauty spas and hairdressers in bid to differentiate itself
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NewsBroker sees big potential in WHSmith
Bookseller and stationer WHSmith is undervalued and deserves to be classed alongside retailers such as Next, SuperGroup and Dunelm Mill, broker Oriel believes.
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NewsHomewares and cooking bestsellers this Christmas at Hub
Variety store group Hub expects homewares and cooking to be bestsellers this Christmas.
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NewsRetail sales rise in November
Year-on-year retail sales were higher in November for the fifth consecutive month according to the CBI’s Distributive Trades survey.
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Target Q3 sales up 3% to £9.5bn
Discount superstore operator Target has reported its financial results for the third quarter ended October 30. Retail sales increased 3% to $15.2bn (£9.5bn), from $14.8bn (£9.2bn) in 2009, due to a 1.6% increase in like-for-like sales combined with the contribution from new stores. EBIT for the retail segment came in ...
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Sears Holdings records £136m loss
Department store retailer Sears Holdings recorded a loss of $218m (£136m) for the three months ended October 30, from $127m (£80m) during the prior-year period. Sales declined 4.9% to $9.7bn (£6bn), primarily as a result of a 4.8% decrease in domestic like-for-like sales.The retailer said that results were hurt by ...
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Falabella Q3 profit rockets 236.8%
Falabella has reported net profit of CLP81.9bn (£102m) for its third quarter, 236.8% above the figure for the same period last year.Revenues for the period rose by 21.6% to CLP1.08trn (£1.3bn). The company opened five supermarkets during the period, one in Chile and four in Peru. In Peru Falabella also ...
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X5 Retail Group launches provincial format under Pyaterochka-Maxi
X5 Retail Group has launched a new small town/provincial format operating under the Pyaterochka-Maxi banner in its domestic market. The first store opened at the Avtobus shopping centre in Syzran, in the Samara region.Pyaterochka-Maxi is a superstore-sized warehouse club with a sales area of 38,000 sq ft. It offers 7,000 ...
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Woolworths profit to rise between 8% and 11% in 2011
At its AGM, Woolworths chief executive Michael Luscombe said the company had experienced an extraordinary couple of years and profit would remain on course to rise between 8% and 11% in the 2011 financial year. Luscombe spoke of how Woolworths was preparing for its entry into the home improvement business ...
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NewsHobbyCraft annual profits double
Arts and crafts retailer HobbyCraft profits almost doubled in the year to February 21.
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NewsClinton Cards "well prepared" for Christmas despite sales fall
Greetings cards retailer Clinton Cards group like-for-likes fell 3% in the 16 weeks to November 21.
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NewsMarks & Spencer celebrates achievement of 70 Plan A targets
Marks & Spencer has now achieved 70 of its 180 Plan A sustainability targets and expects to complete another 20 by April 2011.
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NewsMothercare to cut toy prices at ELC
Mothercare is to reduce toy prices to 2008 levels across its Early Learning Centre business to compete in the “uncertain and challenging” UK market.
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NewsIn Focus: Amazon
Updating Retail Week Knowledge Bank’s profile of Amazon UK presents more problems than most. Why? Because Amazon does not have a UK corporate entity reporting its financials.
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NewsTesco to take on Amazon with online marketplace
Grocer readies attack on etail giants with its own take on an online marketplace
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Kohl's and Macy's records flat Q3 profits
Department store retailers Kohl’s and Macy’s have reported their third-quarter results for the period ended 30 October. Kohl’s reported its net profit for the third quarter was flat at $194m (£120.3m), compared with $193m (£119.7m) a year ago. Net sales for the quarter were $4.2bn (£2.6bn), an increase of ...
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Exito works with Dunnhumby to better understand customer behaviour
Casino-owned Colombian retailer Exito has announced that it is working with Dunnhumby to better understand consumer behaviour in its stores. The Tesco-owned market research company will be working with the information generated by the Puntos Éxito and SuperCliente Carulla-Pomona loyalty cards.
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Shoppers Stop turnover soars 23%
Variety retailer Shoppers Stop posted a 23% jump in retail turnover to INR5.08bn (£70.5m) for the quarter ended September 30. Net profit soared 44% to INR174m (£2.4m).
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The Warehouse Group Q1 sales fall 0.2%
The Warehouse Group has reported flat first-quarter results with a 0.2% decrease in net sales for the three months to October 31, down to NZD362.3m (£173.8m).