All General merchandise articles – Page 203
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NewsHalfords considers HobbyCraft bid
Halfords is mulling a bid for the arts and crafts retailer HobbyCraft, according to reports.
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NewsAmerican Golf tees up for growth with debt swap and cash injection
American Golf owner Lloyds Development Capital has injected £5m into the business and restructured its debt as it seeks to bolster the retailer to gear up for expansion.
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Latest Woolworths imitator tests fortunes
A Woolworths-inspired store called Wellworth It! will open at Ledbury in Herefordshire, in March.
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NewsShop price inflation up 2.3% in January
Shop price inflation was slower than expected in January, rising 2.3% as many retailers held off passing on the VAT rise that came into effect at the start of the year.
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Card Factory appoints KPMG to advise on sale
Greetings card retailer Card Factory has appointed KPMG to advise on a sale of the business, which could fetch up to £400m.
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NewsStore acquisitions send Ryman profits rising
Stationer Ryman’s turnover soared 125% in the year to March 28 as the retailer reaped the rewards from the integration of Partners and Stationery Box.
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NewsQS name to disappear as Store Twenty One grows
Value retailer QS is to disappear from the high street by 2011 as Mumbai-based owner Alok Industries ramps up conversions to its Store Twenty One fascia.
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NewsShop Direct puts 1,500 jobs in consultation
Home shopping group Shop Direct is considering closing three contact centres with the possible loss of 1,500 jobs.
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NewsPets at Home sold to KKR for £955m
Pets at Home has been sold to private equity house Kohlberg Kravis Roberts (KKR) for £955m, including the debt.
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NewsWHSmith delivers performance in line with expectations
WHSmith group sales declined 2% with like-for-likes dropping 4% in the 21 weeks to January 23.
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NewsONS reports worse than expected December sales
Retail sales volumes in December rose 0.3% compared to November, below than the 1.1% lift expected by analysts, according to the Office for National Statistics.
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NewsArgos modernises logo in brand refresh as new catalogue launches
Catalogue store group Argos will tomorrow unveil a refreshed brand, coinciding with the launch of its latest big book.
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NewsConsumer fears overshadow ‘super Thursday’ updates
Retail shares slid following last week’s ‘super Thursday’ round of updates and brokers have warned store stocks might now stall.
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NewsJessops plc shareholders vote to wind up company
Jessops plc shareholders have voted to voluntarily wind up the company after the Jessops store business was sold to new company Snap Equity in September.
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NewsHobbyCraft sales up 10.6% over Christmas
Arts and craft retailer HobbyCraft has reported a good Christmas with like-for-like sales growth of 10.6% for the six weeks to January 3.
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NewsLondon retail sales up 12%
Central London’s retail like-for-like sales in December were up 12% over a year ago, when sales had fallen 0.7% as the financial crisis hit consumer confidence.
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NewsPoundland expansion to target larger stores
Single-price retailer Poundland is to maintain its ambitious store opening programme in 2010 and plans to trade from more larger-format stores after reporting total sales up 34.8% and like-for-like sales up 4.4% for the five weeks to January 3.
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NewsSnow does non-food retailers no favours
Non-food retailers’ trading has been disrupted over the past week by heavy snowfall as staff struggled to get to work and customers avoided venturing out to take advantage of the January Sales.
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NewsHalfords profits to be at top end of forecasts
Motor accessories, cycling and leisure group Halfords will generate full-year profits at the upper end of forecasts ranging between £105m and £112m.
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NewsMothercare continues to grow after strong Christmas
Mothercare said that UK like-for-like sales in its third quarter to January 8 grew 4.2% after a strong Christmas.