All General merchandise articles – Page 213
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NewsB&M Bargains sets sights on 400 stores as profits soar in downturn
Value retailer B&M Bargains has unveiled a sparkling set of full-year results and vowed to increase its store numbers to 400 across the UK.
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NewsHouseholds better off but still reluctant to spend
The average household’s discretionary income has risen by 25 per cent to £1,075 over the past 12 months, but consumers remain cautious about splashing out in stores.
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NewsChristmas savings specialist Park Group steady
Festive orders at Christmas savings specialist Park Group are “close to the level of a year ago”, according to the group.
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NewsRyman on the expansion trail as deals improve
Ryman is on the expansion trail as it takes advantage of good property deals while making a “significant” investment in its online strategy.
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NewsRetail sales slip in May
Retail sales volume fell 0.6 per cent month on month in May and was down 1.6 per cent year on year, ONS data showed. Sales by value were down 1.1 per cent compared with May 2008.
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NewsMarks & Spencer launches ad campaign to bolster ethical image
Marks & Spencer has launched a marketing campaign tunder the banner “Doing the right thing” and designed to emphasise its corporate social responsibility credentials.
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NewsIndia offers greatest retail opportunities study shows
India offers the greatest investment opportunities for international retailers, a study has found.
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Aggressive Ackman falls flat after failed Target coup
The latest boardroom battle that William Ackman, head of US hedge fund Pershing Square Capital Management, has waged has ended in tears – literally, according to US reports.
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NewsWHSmith ‘good value’ after positive quarter
Bookseller and stationer WHSmith has revealed better than expected third-quarter sales.
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NewsWal-Mart designates Asda international centre of marketing excellence
Wal-Mart has designated Asda its international centre of marketing excellence. The UK retailer will act as a global marketing academy for Wal-Mart under the leadership of Rick Bendel.
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NewsHalfords profits rise as consumers holiday at home
Halfords pre-tax profits rose 2.4 per cent to £92.4m in the 52 weeks to April 3 as the retailer maintained a tight grip on costs and benefited from consumers holidaying at home.
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NewsProduct of the Year logo recognised by half of UK consumers
The Product of the Year logo has experienced a “dramatic” rise in awareness levels among UK consumers.
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NewsMay like-for-like sales hold up
Retail sales dipped again in May, after growing in March and April.
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Target shareholders reject alternative director list
Shareholders in general merchandise retail powerhouse Target last week rejected an alternative list of directors put up by activist shareholder William Ackman.In a heated battle, Ackman, the head of Pershing Square Capital Management, sought to have his own roster of directors, including himself, replace the existing board to better compete ...
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Profits at Office Depot’s North American retail division decline
Operating profits at Office Depot’s North American retail division declined from $82m (£50m) to $81m ($49.4m) in the first quarter to March 28. Like-for-likes plummeted 17 per cent while total sales slumped 16 per cent to $1.4bn (£854.4m).The company, which includes a business solutions arm, reported a net loss of ...
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AnalysisPeter Swann talks maximum IT efficiency at WHSmith
WHSmith’s other Swann – IT director Peter Swann – talks to Joanna Perry about how the retailer’s efficiency drive has left it well placed to get value for money in the downturn
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NewsMay food inflation falls to lowest level this year
Shop price inflation growth has slowed to 1.3 per cent in May, from 1.4 per cent in April.
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NewsPoundland EBITDA soars 27 per cent
Poundland’s EBITDA has rocketed 27 per cent to £20m in the year to March 29.
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NewsWales and Southwest footfall shows sharpest decline
Wales and the Southwest have experienced the biggest fall in footfall numbers in the UK.
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NewsRecession has 'dramatically' changed spending habits
The recession has caused “dramatic” changes in the way consumers spend their money, according to Experian’s Insight Report.