All General merchandise articles – Page 194
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NewsSales growth slows in September
UK retail like-for-likes grew just 0.5% in September, marking the sixth month of low growth according to the BRC-KPMG Retail Sales Monitor.
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NewsRetail administrations slow
The rate of businesses going into administration has slowed to levels not seen since before the economic downturn, with the retail sector showing the “most pronounced drop”.
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NewsSt David's Grows
Cardiff shopping centre St David’s celebrates its first anniversary this month and has revealed 10 more shops, including Modelzone, are due to open before Christmas.
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AnalysisContactless payments: Out of contact
Contactless is approaching tipping point, but concerns remain about costs and whether shoppers will embrace the system without a national consumer awareness campaign.
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AnalysisIf consumer confidence is down, why are sales rising?
Consumer confidence has fallen yet again and many expect the decline to continue - so why are sales growing, with shoppers seemingly defying their mood?
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News99p Stores extends its Family Bargains trial
Single price-point retailer 99p Stores is trialling the conversion of some stores to its new variety format Family Bargains.
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Kmart to expand own-brand portfolio with the introduction of new range
Sears-owned mass merchandiser Kmart has announced the expansion of its own-brand portfolio with the introduction of the Smart Sense line. The new private label includes a wide range of items from snacks and beverages to oral care, household cleaners and over-the-counter medications.According to the retailer, the Smart Sense line is ...
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Walmart's Indian JV calls government to remove wholesale trading restrictions
Walmart’s Indian joint-venture, Bharti Walmart, has called for India’s government to remove restrictions allowing FDI-backed wholesale firms to sell no more than 25% of their total turnover to a group retailer.The latest relaxation in FDI rules by the government lifted restrictions on products being sold only for internal use. However, ...
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NewsHalfords profits to rise 12% but like-for-likes fall
Halfords is expecting to report group pre-tax profit up 12% in its first half, but like-for-likes were down 4.1%.
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Amazon launches first ecommerce storefront on Facebook for Pampers
Amazon has launched its first ecommerce storefront on Facebook, for nappy manufacturer Pampers. Under a ‘Shop Now’ tab on the Pampers Facebook page, people can buy nappies as well as other products from parent company Procter & Gamble (including Tide, Olay and Pantene products) through Amazon.Customers on the Pampers Facebook ...
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NewsWiggle profits up 59%
Bikes etailer Wiggle has revealed that profits surged 59% to £7.1m in the year to January 31.
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OpinionRealism required on retail rents
Out-of-town shopping parks have changed the face of British retailing and helped it become one of the most vibrant of industries. Right now, though, landlords need to show a greater degree of flexibility to reflect the realities of the economic climate.
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NewsHalfords is ‘investment opportunity’
Motor accessories and bikes group Halfords remains on analysts’ buy lists despite the departure of finance director Nick Wharton and anticipation of weakening sales.
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NewsB&M Bargains suffers supply chain problems after opening new warehouse
Value chain B&M Bargains is suffering supply chain difficulties just weeks after the opening of its new 625,000 sq ft warehouse in Speke, Liverpool.
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Target to try smaller format store and expand outside general merchandise market
General merchandise retailer Target plans to open a new, smaller-format store in Seattle in 2012 and has plans to expand in 10 further markets, including San Francisco and Baltimore, in the next few years.The new store will cover about 90,000 sq ft, while its other urban concept stores will range ...
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Costco to invest £23m in its Australian business
US-based warehouse club operator Costco is investing Aus$40m (£23m) in its Australian business this year. The investment comes on top of last year’s Aus$100m (£58m) capital expenditure in the country, when it opened its first store in Melbourne. A second store is due to open in Auburn and another is ...
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NewsWalmart to buy South African retailer Massmart, Asda’s Andy Bond to oversee
Walmart intends to push into Africa with the $4.2bn acquisition of general merchandise group Massmart.
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GalleryKmart Eastland, Melbourne, Australia
Mass merchandising of the kind generally found in edge-of-town locations has managed, over the years, to get itself something of a bad name for cavernous, lacklustre interiors.
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AnalysisThe arts and crafts market
Trend-watchers might dispute the reason why, but the figures show that hobbies, arts and crafts are enjoying a huge revival in popularity