All General merchandise articles – Page 199
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NewsSir Stuart Rose admits he considered taking M&S private
Sir Stuart Rose, the chairman of Marks & Spencer, has admitted he considered taking the chain private to allow it to concentrate on long-term planning.
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NewsShop price inflation rises to 2% in April
Shop price inflation rose to 2% in April, up from the 1.2% recorded in March.
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NewsPoundland sold in £200m deal
Value retailer Poundland has been bought by US private equity house Warburg Pincus.
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NewsHobbyCraft sold to Bridgepoint Capital
HobbyCraft has been sold in a management buyout backed by private equity firm Bridgepoint Capital, as predicted by Retail Week last week.
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NewsHome Retail pre-tax profits slip 11%
Home Retail Group – owner of Argos and Homebase – has reported pre-tax profit down 11% to £293m and announced a share buy-back of £150m.
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NewsRetailers make their mark in Sunday Times Rich List
Retailers have once again featured prominently in the Sunday Times Rich List, with many climbing up the list after a successful year, with some cashing in on retail floats and demergers.
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NewsBridgepoint in exclusive talks to buy HobbyCraft
Bridgepoint Capital is poised to buy HobbyCraft, Retail Week has learned.
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NewsFlying Brands’ garden division suffers from bad weather
Flying Brands’ garden division has been behind expectations due to bad weather with sales of bedding plants during spring.
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NewsAsda plans 150 Living stores in bid to be UK’s leading non-food retailer
Asda has confirmed that it is aiming to become the UK’s biggest non-food retailer by growing the number of Asda Living stores fivefold to 150.
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NewsThe Hut Group raises £14m
Online retailer The Hut Group has raised £14m from investors including former chief executive of Matalan Angus Monro as it gears up for further acquisitions.
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OpinionAim high for long-term loyalty
Loyalty is more about products and service, and less about promotions, says Jacqueline Gold
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NewsBrand overhaul on the cards for Clinton
Greeting cards retailer Clinton Cards has embarked on its biggest ever portfolio and branding review that could result in a “complete change” in the look and feel of its stores.
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GalleryStore of the Week: 10 Corso Como Milan
This store is neither new, nor is it exactly unknown. 10 Corso Como sits in one of Milan’s more outlying central districts and is a destination for style-seekers from around the world.
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NewsBarclays eyes Poundland
Poundland has received an expression of interest from Barclays Private Equity to buy the retailer for around £200m, according to The Independent.
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NewsClinton Cards profits soar after buying back Birthdays
Clinton Cards has reported a 28.8% increase in interim profits, on the back of group sales up 20.8%, driven by the re-acquisition of the Birthdays business.
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NewsPark Group to launch pre-paid cards
Christmas hamper company Park Group is launching a range of pre-paid cards to for its customers that will redeemable at major high street chains.
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NewsAdvent considers Poundland sale
Private equity firm Advent has hired Close Brothers to advise on a possible sale of value retailer Poundland.
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NewsHalfords rolls out mobility range
Car parts and bicycles retailer Halfords is rolling out the sale of mobility products after a trial over the past year.
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News
Encouraging BRC data helps lift retail shares
A rally late last week and evidence from the BRC February sales data that non-food sales recovered after January’s snow hit helped general retailers rise above the All-Share index.
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News
Tesco muscles in on the growing bicycle market
Tesco has quietly opened “bike shops” in eight of its stores, muscling in on specialists such as Halfords and Evans.