All General merchandise articles – Page 221
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OpinionIt's time to regain your margin
I joked in a previous column that some of us might visit our shops in December, hear Wham’s Last Christmas and genuinely wonder whether it might be. I rather wish I hadn’t now.
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News
Ailing Irish retailers call on government for protection
Irish retailers have urged their government to take action to ease the mounting pressures on beleaguered companies suffering in the recession.
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Baugur stakes in retailers seized
Baugur stakes in retailers including House of Fraser, Hamleys, and Iceland have been placed under the control of nominated receivers to prevent any asset sale.
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Signet sales fall prompts cash and costs focus
Anglo-American jeweller Signet is to slash costs and concentrate on cash generation after suffering a fourth-quarter sales slump.
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Baugur-backed Aurum confirms business review
Aurum Holdings, the jewellery group backed by beleaguered Icelandic investor Baugur, has confirmed that it has appointed Ernst & Young to review the business and has distanced itself from the investor, which is on the brink of administration.
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Baugur boss Johannesson lambasts Landsbanki
Baugur boss Jón sgeir Jóhannesson has hit out at creditors after the Icelandic investor was forced to seek protection from administration yesterday.
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Halfords rolls out signage system to Poland
Car accessories retailer Halfords has extended its use of Episys’ Retail Enterprise Suite to its first store in Poland.
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Baugur files for bankruptcy protection
Baugur has confirmed that it has filed for protection from its creditors in the Icelandic equivalent of Chapter 11 bankruptcy protection as exclusively revealed by Retail Week this morning.
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Woolworths directors to be scrutinised by Deloitte
The actions of Woolworths’ directors will be reviewed by its administrator Deloitte after creditors questioned whether the retailer should have stopped trading earlier.
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Tunbridge Wells and Ealing schemes given green light
Plans have been given the go-ahead for two developments in the Southeast.
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Westfield retailers unite in outrage at service charges
The dispute over service charges at Westfield London has escalated as more retailers join the fight against the landlords’ demands.
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BRC produces US product safety standard
Some of world’s biggest retailers will have to adhere to the British Retail Consortium's product safety standard following an agreement with North America's leading retail trade association.
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Most retailers report like-for-like Christmas sales growth
More than half (52 per cent) of retailers reported positive like-for-like sales over the Christmas period.
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Woolworths bought by Shop Direct Group
Woolworths will be relaunched as an online store after the brand was bought by Shop Direct Group owners the Barclay brothers.
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Deal for Woolworths brand imminent
A deal for the purchase of the Woolworths brand is imminent, but Woolworths’ former stores chief Tony Page’s hopes to acquire the brand are dashed.
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John Lewis reports weekly sales dip of 0.8 per cent
John Lewis has reported a slight drop in weekly sales, but remains confident new stock and promotions will stand it in good stead.
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Jessops losses widen
Camera specialist Jessops has reported widening losses in its full-year results as the digital camera market showed a sharp slowdown.
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WHSmith on growth trail despite sales dip
WHSmith is eyeing several former Woolworths stores as it seeks to extend its portfolio by 44 shops by the end of its financial year in August.
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Falling confidence hits younger customers
Consumer confidence dropped again this month and is also beginning to hit younger consumers.
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NewsB&M Bargains and Home Bargains outline stores drives
Value retailers B M Bargains and Home Bargains are pushing ahead with ambitious expansion plans in a bid to cash in on shoppers’ thirst for bargains.