All General merchandise articles – Page 196
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News
Card retailer Thoughts in pre-pack deal
Greetings cards retailer Thoughts has been bought in a pre-pack administration deal after it collapsed due to an absence of banking facilities.
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NewsB&M Bargains and Poundland homing in on out-of-town stores
Value retailers are extending their rivalry from the high street to out of town as B&M Bargains launches a home format and Poundland targets retail parks. Family Bargains, the fledgling sister chain of 99p Stores, is also looking out of town.
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NewsPoundland profits rocket as like-for-likes slow
Single price point retailer Poundland operating profit rocketed 81.5% to of £21.5m in the year to March 28.
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NewsB&M Bargains completes Opus Homewares deal for £48m
Value group B&M Bargains has completed the acquisition of Opus Homewares for £48m, extending its presence north of the border and in Northern Ireland.
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NewsMoonpig profits soar
The largest shareholders of online card retailer Moonpig have shared a dividend of almost £5m after full year profits rose 67%.
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News
OfficeMax Q2 sales decline
Stationery specialist OfficeMax reported a 0.3% decline in sales to $1.7bn (£1.1bn) for its second quarter ending June 26. Its retail segment experienced a 0.5% fall in sales to $773m (£484m). Like-for-like sales were down by 0.3%.OfficeMax chairman and chief executive Sam Duncan said: “Based on our performance in the ...
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NewsPets at Home poaches Wilkinson head of buying Peter Pritchard
Pets at Home has hired Wilkinson’s head of buying Peter Pritchard as its new trading director.
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NewsB&M Bargains threats spark value sector fury
Variety retailer irks competitors with ultimatum to suppliers for exclusivity deals
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NewsGrocery shares climb defies watchdog news
Food and general retailers alike edged up ahead of the market as the dog days of August got under way. Each continues to lag the All Share index over the year, however.
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NewsArgos trials same-day delivery service
Argos is trialling a same-day delivery service in London which will allow customers the option of having their reserved item couriered in as little as 90 minutes.
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AnalysisSteven Round
He may have bought Robert Dyas back from the brink but the hardware chain boss tells Nicola Harrison why he’s more than just a turnaround specialist
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NewsHub puts EPoS system in place to aid expansion
Variety store Hub, set up by Poundland co-founder Dave Dodd, has implemented an EPoS system that will support its expansion.
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NewsHalfords revenues up in first quarter but like-for-like sales fall
Car and cycle accessories retailer Halfords has reported that first quarter group sales grew 9.6% in the 13 weeks to July 2.
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NewsRefreshed Robert Dyas surges back into black
Broadened appeal, focus on own-brand and tighter cost control lifts hardware retailer
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NewsOnline sales rise 20% in June
The warm weather and summer sporting events helped lift online retail sales by 20% in June.
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NewsArgos files law suit over toxic sofas
Insurers to Argos have launched a £13m law suit against the leather technology supplier in connection with the toxic sofas the retailer sold to consumers.
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NewsLondon sales up 14.4% in June
Sales in London soared 14.4% on a like-for-like basis in June with the warm weather and improving consumer confidence helping sales in the capital.
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NewsMothercare to take 25% stake in Australian franchisee
Mothercare is to take a stake 25% in Headline Group, which holds the Mothercare and Early Learning Centre franchises in Australia and New Zealand.
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AnalysisResort trading: Sun, sea and selling on a summer holiday
Huge sales spikes in certain products are a boon, but life’s no beach for retailers trading in holiday resorts
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NewsHub stores will plug gap left by Woolworths
Poundland founder Dave Dodd is to open the first store for his latest venture in Telford.