All General merchandise articles – Page 2
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AnalysisLeo Quinn: The non-retail turnaround veteran charged with getting WHSmith back off the ground
The embattled travel retailer announced the appointment of turnaround veteran Leo Quinn today. Retail Week analyses what the former Balfour Beatty boss will bring to the business, and what it means for the retailer’s plans moving forward.
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NewsWHSmith appoints new executive chair
WHSmith has appointed a new executive chair as the incumbent announced she will step down next month.
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NewsVery Group reports ‘resilient’ peak trading driven by toys, home and beauty
The Very Group has reported a “strong and resilient” festive trading period as toys, home and beauty saw the strongest sales.
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InterviewQ&A: Miniso chief operating officer on the retailer’s limitless UK ambitions
Value lifestyle retailer Miniso has been popping up all over the country in the past couple of years, with store presence on high streets and in prominent shopping centres such as the two Westfields in London, Bluewater in Kent, Trafford Centre in Manchester, and Princes Street in Edinburgh.
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NewsOwner of Very Group to launch £2bn auction of the company – reports
Private equity firm Carlyle, which took control of Very just months ago, is looking to sell the online retailer, according to Sky News.
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NewsInflation likely to remain ‘sticky’ in 2026, BRC warns
The impact of policy costs and regulation on retailers is expected to result in “sticky” inflation this year, trade body the British Retail Consortium has cautioned.
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GalleryWHSmith opens larger, brighter store in popular London station
WHSmith opened its new, larger and brighter store in London Bridge station in time for Christmas.
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AnalysisWhat’s next for WHSmith as it plans recovery from accounting controversy?
Travel retailer WHSmith posted its delayed results today, revealing that group profit before tax fell from £114m to £108m and trading profit slipped from £170m to £159m in the year to August 31
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NewsWHSmith admits ‘much to do to rebuild confidence’ as profits fall
Travel retail specialist WHSmith has reported a slip in earnings after an accounting controversy in the US that cost its chief executive his job.
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NewsWaterstones’ owner prepares for potential IPO next year
A flotation is on the cards next year for bookseller Waterstones and its US stablemate Barnes & Noble.
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NewsPoundland details further store closures – full list
Value retailer Poundland has announced the locations of another 14 branches that will be shut.
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NewsTGJones owner explores potential sale of head office and distribution centre
TGJones’ owner Modella Capital is exploring the possibility of selling the freehold on its Swindon head office and distribution centre in the future, Retail Week can reveal.
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NewsWatchdog considering investigation into WHSmith profit overstatement
The UK accounting regulator is considering whether to launch a formal investigation into PwC’s auditing of WHSmith following a £30m profit overstatement in its North American division.
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NewsHobbycraft reports ‘strong trading’ after loss-making year
Specialist retailer Hobbycraft is now in a position to “prosper” after previously suffering a fall in annual earnings, Retail Week can reveal.
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AnalysisExplainer: What are the implications of WHSmith’s US accounting blunder?
WHSmith chief executive Carl Cowling has resigned after six years at the helm following an investigation into an accounting error at the flagship US business. Retail Week explores the significance of the latest developments
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NewsWHSmith boss resigns following accounting investigation
WHSmith group chief executive Carl Cowling has stepped down from his role after an accounting investigation.
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NewsThe Works ‘pleased with progress’ despite broadly flat sales
The Works said it was “pleased with the progress” of its new strategy, despite reporting broadly flat sales growth in the first half.
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NewsKenji secures new funding as it eyes international and store expansion plans
Retailer Kenji has struck a new funding deal with HSBC to support its acquisition of a new warehouse and to push forward with plans to open multiple new high street stores.
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AnalysisSainsbury’s boss Roberts decks the halls with bumper profits as he looks towards Christmas
As Sainsbury’s upgraded its full-year profits to more than £1bn, chief executive Simon Roberts spoke about the consumer outlook heading into Christmas, what’s happening with the future of Argos, and the Budget.
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NewsTemu EU profits more than double as low prices draw customers
Online giant Temu’s EU business more than doubled pre-tax profits last year to almost $120m.