All General merchandise articles – Page 235
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News
Baugur rejects claim that retail businesses are for sale
Baugur has denied comments by Alchemy Partners chief Jon Moulton that he was offered a number of the Icelandic investor’s UK retail companies in the aftermath of the collapse of Iceland’s banking industry.
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News
Woolworths to sell nine store leases to Tesco
Variety store group Woolworths has struck an agreement to sell the leases on up to nine stores to Tesco for up to 9 million and will use the cash to reduce borrowings.
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News
Card group in administration
Celebrations Holdings Group, the gift card retailer with fascias including Card Warehouse and Cardfair, has gone into administration.
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News
Sir Alan Sugar takes stake in Woolworths
The Apprentice star Sir Alan Sugar has reportedly acquired a near 4 per cent stake in Woolworths.
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News
Woolworths entertainment division EUK assures retailers supply chain is sound
Woolworths entertainment division EUK has vowed that retailers will remain unaffected in the run-up to Christmas despite the withdrawal of credit insurance from most of its suppliers.
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News
Industry holds its own against backdrop of financial calamity
In the week that the FTSE 100 suffered its biggest ever one-day points fall and governments rushed to shore up a crumbling banking system, retailers weathered the storm to outperform the market.
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News
Jagtiani targets 250 stores as he mulls global prospects
Dubai-based retail group Landmark is to open a raft of stores and launch in new markets as well as create a Middle Eastern department store format.
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Opinion
John King: The retail diploma needs our support
I began my retail career on a management training programme, working my way up from the shopfloor.
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News
WHSmith profits jump 15%
Robust sales at WHSmith's travel division helped it achieve a 15 per cent hike in profit before tax and exceptional items to 76 million for the year to August 31.
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News
Asda reveals strong George sales in September
Asda exceeded expectations for sales of its autumn and winter George clothing ranges last month, Wal-Mart has revealed.
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News
Bank of England cuts interest rates to 4.5 per cent
Bank of England has unexpectedly cut interest rates by half a point to 4.5 per cent.
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News
Woolworths: Last big credit insurer withdraws cover
Woolworths is facing more instability in the run up to Christmas after another credit insurer has withdrawn cover from the beleaguered business.
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News
Poundland profits rocket
Value retailer Poundland has unveiled a 122 per cent rise in operating profit, from 3.5 million to 8 million for the year to March 31.
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News
Aurum posts robust sales
Baugur-backed jewellery group Aurum has posted annual sales of 261.7 million, an increase of 7.7 per cent on the year and 7.4 per cent on a like-for-like basis.
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News
Retailers face insolvency in new year
Hundreds of UK retailers face the risk of going bust in the new year.
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News
Argos aims for 30 smaller stores in London
Catalogue store group Argos has spotted potential for up to 30 smaller stores in London after a successful pilot.
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News
Harrods sales dodge high street adversity
Harrods has bucked the retail gloom to post record sales in the year to February 2 and continued growth over the summer.
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News
Retail on the ropes
Sector left reeling as relentless financial crisis leads to dramatic sales slump over past fortnight
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News
Halfords like-for-likes slip but half year profits in line with expectations
Leisure and cycling retailer Halfords has revealed a 1.1 per cent slip in like-for-like sales in the second quarter but said that half year profits are in line with expectations.