All General merchandise articles – Page 216
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Nevada Bob's UK bought out of pre-pack deal
Golf equipment retailer Nevada Bob’s UK has been bought out of pre-pack administration by its US parent company RCD Investments No.4.
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Clinton Cards profits slump but banking facilities renegotiated until 2012
Clinton Cards’ profit has plummeted but the retailer has successfully renegotiated its banking terms, which will be extended until January 2012.
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M&S shareholder calls for new chairman within 15 months
A major Marks & Spencer shareholder has called on the retailer to appoint an independent chairman within 15 months.
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Woolworths South Africa attuned to social change
It may have disappeared from the high street here, but elsewhere the Woolworths name is alive and well. In South Africa, under Englishman Andrew Jennings, it is a 400-store business that bears similarities to Marks & Spencer.
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Operating in a downturn: strategies for success
It’s not all doom and gloom. The big hitters had lots of practical insight into surviving the crunch at this year’s Retail Week Conference. We summarise some of the hot topics discussed at the event
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February sales volume growth slows
The volume of retail sales in February was 0.4 per cent higher than last year, showing the lowest growth rate since September 1995.
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Signet to cut costs after challenging year
Jewellery giant Signet intends to slash costs and cut debt to cope with harsh trading conditions.
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Retailers facing falling March sales
High street sales took a steep plunge in the first half of March according to figures published by the Confederation of British Industry.
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Card Factory adds six stores
Greetings card retailer Card Factory has added six stores to its portfolio, bringing its count to 486.
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Pension funds pile pressure on M&S over Sir Stuart Rose's power
Further pressure is being piled on M&S to reduce Sir Stuart Rose’s power as chairman and chief executive of the retailer – this time by the National Association of Pension Funds.
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Woolworths' former book wholesale arm sold to Smiths News
Bertram, the book wholesaler formerly owned by collapsed retailer Woolworths, has been sold to Smiths News for 8.6m.
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Sir Stuart Rose back in the firing line as M&S confidence plummets
Sir Stuart Rose has come under fresh fire over his position at the top of M&S as shareholder confidence in the executive chairman’s leadership falters.
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Marks & Spencer launches web video channel to tap rising online spend
Marks & Spencer has ramped up its multichannel offer with the launch of an online TV channel.
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Tesco reshuffles non-food team as new chief arrives
Tesco has reshaped its non-food team as former Sainsbury’s general merchandise chief Richard Jones takes up his post at the retailer.
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John Lewis Partnership sales pick up
Sales at department store John Lewis in the week to March 14 dropped 4.1 per cent to 45.1m.
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Flying Brands profits dive 53% after punishing year
Pre-tax profits at home shopping specialist Flying Brands’ ongoing operations plummeted 53 per cent to 1.5m last year.
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Morrisons wins Retailer of the Year for second year running
Morrisons was again named Retailer of the Year last night at the Oracle Retail Week Awards .
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NewsSir Stuart Rose: my legacy to M&S
Marks Spencer executive chairman Sir Stuart Rose told the Retail Week Conference that he had three objectives. “I’d like to see the business have a clear passage through the slowdown, to have a coherent plan for here and overseas and a seamless and successful transition to new leadership,” ...
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NewsThe challenges of the crunch
Three emerging retailers have been discussing the opportunities and challenges of growing a retail business, particularly in the present challenging economic conditions.

















