All General merchandise articles – Page 23
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NewsMoonpig valued at £1.2bn as float begins
Moonpig has begun trading on the London Stock Exchange with a market capitalisation of £1.2bn.
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GalleryStore gallery: Tesco’s first superstore in six years goes big on sustainability
Tesco has today opened its first non-Jack’s superstore in six years, which sets out the new template the UK’s largest grocer believes will help it achieve its 2035 carbon-neutral target.
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NewsPaperchase rescued in pre-pack administration deal
Paperchase is set to be rescued in a pre-pack deal led by a lender connected to private equity firm Permira.
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AnalysisStrategic report: Lessons from Christmas 2020 to help you win in the year ahead
Lockdown, store closures and bans on large gatherings created what Marks & Spencer boss Steve Rowe termed ”near impossible trading conditions” this golden quarter. Retail Week’s latest report pulls out the trends from this very different Christmas and lessons to help you trade through the most volatile trading conditions ever experienced.
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NewsWaterstones boss warns store closures loom without further rates relief
Waterstones boss James Daunt has warned that without either an extension to the business rates holiday or other reforms before April, he could be forced to close stores.
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VideoWatch: The Entertainer and NOTHS reveal trading trends from a ‘chaotic’ Christmas
Christmas 2020 was the most volatile retail has ever experienced. Leaders from The Entertainer, Notonthehighstreet, Openpay and Braze dissect the trading trends and what they mean for retail in 2021.
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NewsWHSmith delivers ‘better than anticipated’ Christmas as sales recover
WHSmith has hailed a “better than anticipated” performance during the Christmas period as it continued to rebuild its top line.
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AnalysisFive up-and-coming UK marketplaces that you need to know
Retail Week shines a light on five marketplaces at different stages of their journey, which could become useful routes to market.
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NewsUK economy shrinks in November, ending six consecutive months of growth
The UK economy shrank in November as coronavirus restrictions on consumers and businesses reduced economic activity.
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NewsHalfords and Dunelm report strong Christmas sales uplifts
Halfords has delivered a rise in festive sales buoyed by the retailer’s “best ever Christmas week”, while Dunelm has posted an increase in Christmas sales driven by a surge in online demand.
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NewsStudio reports ‘outstanding’ Christmas as customers turn to value
Studio Retail has recorded an “outstanding” golden quarter after customer numbers soared.
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NewsPets at Home ups profit guidance as Christmas sales soar
Pets at Home has raised its full-year profit guidance after hailing further “momentum” during the golden quarter.
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NewsPaperchase poised to appoint administrators
Stationery chain Paperchase is on the brink of administration after the impact of the coronavirus pandemic hammered sales.
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NewsAnn Summers CVA approved by creditors
Ann Summers has announced that its company voluntary arrangement (CVA) has been approved by creditors following a vote today.
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NewsThe Entertainer to offer click and collect until midday on Christmas Eve
Toy retailer The Entertainer has confirmed it will be operating click and collect for customers until midday on Christmas Eve and has launched its January sales early.
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AnalysisTier four fears: Retail CEOs on shop closure ‘body blow’ and port delays
After the toughest of years, retailers were dealt another savage blow in the crucial final trading week ahead of Christmas.
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NewsRetailers warn of £3bn tariff hit if no deal on Brexit
Grocers and their customers face a £3.1bn tariff impact that could force up the price of food and drink, unless a Brexit deal is struck soon.
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AnalysisAnalysis: Who will be retail’s winners and losers this Christmas?
It’s been a highly unusual year for retail, which has not been without its casualties. As ‘non-essential’ stores emerge from the second lockdown and shoppers swap Christmas parties for working from home and smaller gatherings, which retailers are set to reap the benefits of an unorthodox festive season?
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NewsStudio Retail prepares for sale as profits boom
Online value retailer Studio has announced plans to explore its sale options as profits and sales soared during the coronavirus pandemic.
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NewsLidl joins retailers returning business rates relief with £100m payback
Discounter Lidl has become the latest retailer to agree to waive the business rates relief it received at the start of the pandemic by repaying £100m to the government.