All General merchandise articles – Page 2
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NewsNotonthehighstreet boss steps down after 13 years at business
Chief executive of Not On The High Street Leanne Rothwell is to leave after thirteen years at the retailer.
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NewsCard Factory sales and profits surge thanks to store expansion and growing proposition
Cards and gifts specialist Card Factory has “outperformed” the market as sales and profits for the full year surged thanks to growing store estate and product category evolution.
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NewsWHSmith buyer restricted from immediate store closures
The new owner of WHSmith’s high street stores cannot initiate widespread closures for at least 12 months, despite planning rapid restructuring at its other retail properties.
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NewsMother’s Day and warm weather help retail sales offset global economic headwinds
Despite ongoing global economic headwinds and strong comparisons year on year, warmer weather and Mother’s Day both helped retail sales over the month of March.
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NewsThe Very Group completes refinancing
The Very Group has refinanced £598m through issuing privately placed senior secured notes due in August 2027.
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NewsMoonpig hails ‘strong’ performance as profits and sales grow
Online greetings card and gifting retailer Moonpig has hailed a “strong performance” as sales and profits continue to grow.
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NewsTheo Paphitis’ Boux Avenue marks ‘breakthrough year’ for profits
Entrepreneur Theo Paphitis’ lingerie and clothing business Boux Avenue will clock up its first-ever profit in the financial year just ending, Retail Week can reveal.
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AnalysisWHSmith: Can its new owners make the high street business actually work?
After 233 years on the high street, news broke last week that WHSmith’s high street business has been sold to Modella Capital for £76m
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NewsModella Capital lays out plans for WHSmith after acquiring its high street arm
Private equity firm Modella Capital has laid out its plans for the WHSmith high street business, which was acquired in a £76m deal.
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NewsWHSmith sells UK high street business to private equity firm and rebrands to TGJones
WHSmith has made the decision to sell its UK high street business to a private equity firm in a £76m deal as it focuses on becoming a pureplay global travel retailer.
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NewsWHSmith completes refinancing package
The retailer announced the completion of a £200m issue of US Private Placement (USPP) notes and a bank term loan of £120m.
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NewsWaterstones boss teases idea of a London stock exchange float
The boss of Waterstones James Daunt has teased the idea of floating the book retailer on the London stock exchange.
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NewsWHSmith bidder Modella Capital eyes restructuring of Hobbycraft
The owner of Hobbycraft, Modella Capital, is mulling a restructuring of the arts and crafts retailer, according to reports.
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AnalysisWhat next for WHSmith’s high street business as ownership race heads into final furlong?
Critics often said that if WHSmith didn’t exist, no one would bother to invent it. Yet, as things stand, there are at least two private equity firms battling it out to acquire the brand, even if it likely won’t come with the name.
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NewsRace for WHSmith high street business down to two bidders
The expectation is that a deal is being targeted for April.
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AnalysisCharity shops, green brands and Vinted: how do modern women really shop?
In honour of International Women’s Day, we’ve teamed up with CACI to reveal just how nuanced the modern female shoppers are.
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NewsWHSmith name set to vanish from UK high streets following sale
WHSmith has been trading on the high street since 1792.
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NewsTK Maxx owner TJX ‘exceeds guidance’ with improvement to store sales
TK Maxx’s parent company TJX has reported that the group has “exceeded guidance” as store sales perform better than expected.
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NewsThe Very Group has delivered an ‘improved performance’ as profit grows
The Very Group has recorded an “improved performance” as it saw profits rise but its revenue slipped.
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NewsWHSmith’s travel business takes flight as high streets continue to drag
WHSmith has praised the “strong momentum” across its increasingly core travel business, not least in the US, while its high street stores performed “in line” with expectations.