All General merchandise articles – Page 207
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News
Walmex Q3 profits jump 18%
Wal-mart’s Mexican subsidiary Walmex’s third-quarter net profit jumped 18% as its low price promotions helped it weather the economic slump.The retailer said it earned MXN3.86bn (£177m) in the period, compared with MXN3.26bn (£149m) a year earlier. Total revenue for the quarter rose 12% to MXN64.59bn (£2.96bn), while EBITDA grew 17% ...
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News
X5 Retail Group sales up 24%
Russia’s country’s largest grocery retailer X5 Retail Group reported net retail sales increased 24% year on year in the third quarter to RUB65.7bn (£1.3bn).Like for like sales grew 8% year on year, supported by 7% traffic growth. Customer traffic at its discounter, Pyaterochka, surged 12%, driving like-for-like sales growth of ...
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News99p Stores signs ex-Wilkinson boss Gordon Brown as chairman
Value retailer 99p Stores has appointed former Wilkinson boss Gordon Brown as its new chairman.
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NewsTV ads mark HobbyCraft brand shift
Arts and crafts retailer HobbyCraft is staging its first TV ad campaign in three years following a brand “reappraisal” that has also led the retailer to launch its first customer magazine.
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NewsM&S to review store estate for digital age
Marks & Spencer is to review its 668-store portfolio as online threatens squeeze on store sales
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News
Danish variety chain Tiger plots UK expansion
Danish variety store group Tiger is embarking on UK expansion and plans to open 20 shops in the next two years.
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News
Family Dollar Store profits up
Family Dollar Stores posted a 25% net income increase to $291.3m (£178.2m) for the financial year ending August 29, up on the $233.1m (£142.6m) reported the year earlier. Operating profit, as a percentage of sales, was 6.1% for the period compared with 5.2% last year. Sales were $7.4bn (£4.5bn), a ...
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NewsHalfords to increase its online-only range
Halfords is to ramp up its online operations and revealed a 2.2% uplift in second-quarter sales.
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NewsWHSmith profits up, but sales slip slightly
WHSmith has reported group pre-tax profit has increased to £81m in its full-year results from £76m the previous year but sales have dipped slightly.
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NewsMothercare reports UK like-for-likes up 4.1%
Mothercare has reported UK like-for-like sales up 4.1% in its first half and remains “confident” for the rest of the year.
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NewsM&S unveils details of website relaunch
Marks & Spencer is to unveil a revamped website tomorrow, as the retailer holds its first investor day in nearly a decade.
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NewsM&S internal candidates to pitch to investors
Marks & Spencer’s internal candidates to succeed Sir Stuart Rose are expected to make presentations to the City tomorrow at the retailer’s first investor day for nearly a decade.
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NewsGadgetshop launches offline ad assault
Etailer Gadgetshop.com has launched its debut offline advertising campaign to bolster sales in the run-up to Christmas.
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News
Alworths ‘will break even’ in first year
Alworths, the variety chain set up by former Woolworths director Andy Latham, expects to break even in year one of trading.
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NewsPotential Pets at Home IPO whets City appetite
Pets at Home’s possible float next year is likely to generate strong interest from the City, according to analysts.
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Analysis
What it’s like to work at Qvc
The inside view from human resources director Frank Robinson.
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NewsHalfords like-for-likes up 2.2%
Halfords has reported like-for-like sales are up 2.2% in its second quarter and said it is confident it will deliver further profit growth in the second quarter.
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NewsMarks & Spencer to sell online into 73 more countries
Marks & Spencer has massively extended its online international delivery service, adding 73 countries to the list served.
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OpinionSecond time lucky for New Look flotation?
New Look is heading the pack of private equity backed retailers considering a return to the market next year.
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NewsFlying Brands moves fulfilment functions to UK
Flying Brands has moved some of the fulfillment functions of its flower business to the UK from Jersey and as appointed a new sales and marketing director.