All General merchandise articles – Page 233
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News
Westfield London: M&S’s Sir Stuart Rose calls for Oxford Street to raise its game
Marks & Spencer executive chairman Sir Stuart Rose has called upon Oxford Street to raise its game at the opening of Westfield London this morning.
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Westfield London opens its doors
Thousands have turned out for the long-awaited launch of Westfield London, which opened its doors at 9am this morning.
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New stores lift House of Fraser sales
New store openings have boosted sales at House of Fraser by 2.7 per cent in the 39 weeks to October 25.
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Argos error causes shoppers to be charged twice
Argos charged 190,000 shoppers twice for purchases made in its stores last Friday.
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Trading fears push Marks & Spencer shares near to eight-year low
Marks & Spencer’s shares fell close to an eight-year low yesterday after broker Pali International issued a bearish note ahead of next week’s interim results.
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Retailers criticised for high-interest pre-pay schemes
Critics are lambasting some of the UK’s most well-known high street stores for high-interest credit schemes targeting low-income consumers in the run-up to Christmas.
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Retailers criticised for high-interest pre-pay schemes
Critics are lambasting some of the UK’s most well-known high street stores for high-interest credit schemes targeting low-income consumers in run-up to Christmas.
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Banks call in advisers for Woolworths talks
Key lenders to Woolworths are to be advised by corporate restructuring firm Deloitte as the company prepares its business plan for the new financial year, which is due to be delivered by December.
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Piracy threatens Christmas product supply
Shoppers could face shortages of products such as clothing and fuel unless action is taken to stop pirates hijacking ships off the coast of Somalia.
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Woolworths shakes up its management
Woolworths has made a raft of changes to its management structure as part of its plan to “simplify the business and create clear accountability lines and responsibilities”.
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Retailers turn on the screams for Halloween
Sales of Halloween paraphernalia are expected to top 195 million this year, although growth is forecast to slow because of the downturn.
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Retail crime headed for a ‘rapid rise’
Retailers are bracing themselves for a rise in retail crime as the British Retail Consortium (BRC) warned that the credit crunch will “wipe out” falling statistics recorded over the last year.
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Retail sales growth slows further
Retail sales volume growth has continued to slow in the three months to September, rising only 0.1 per cent.
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Wal-Mart's supplier standards drive could hit profits
Wal-Mart has admitted that its profits could be dented by plans to force Chinese suppliers to meet new quality and environmental standards or risk losing its business.
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Verdict: Retailers facing dismal Christmas
Retailers are facing the “toughest trading environment ever” this Christmas according to research company Verdict, which is predicting the second lowest consumer spending growth in a fourth quarter for 20 years.
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Woolworths creates new board as four directors leave
Woolworths has made a raft of changes to its management structure, including the creation of a retail operating board, two new appointments and four senior management departures.
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Scotland: Worst retail sales growth since March 2006
Retail sales growth in Scotland was at its slowest rate in two and a half years in September, as consumer confidence and rising living costs squeezed spending.
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News distributors avoid Competition Commission referral
The magazine and newspaper supply sector should not be referred to the Competition Commission, the Office of Fair Trading has decided.
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Tough outlook for Home Retail as profits fall
Home Retail Group has posted a plunge in first-half profits and warned that the full-year figure will be at the low end of expectations unless trading conditions improve.
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New chief financial officer for Woolworths
Woolworths has appointed a new chief financial officer to replace Stephen East.