All General merchandise articles – Page 246
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News
Instore split over takeover bid
Variety store group Instore is divided over a 5p-a-share offer by Seaham Investments to take majority control of the retailer.
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News
Rose may be forced to step down
Marks & Spencer chief executive Sir Stuart Rose may be forced to step down or resign after yesterday’s shock profit warning wiped 1.2 billion off the value of the retailer.
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News
Rubik's Cube to be Christmas best-seller
Vintage 1980s toy the Rubik’s Cube is likely to be a Christmas bestseller, according to variety store group Woolworths.
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News
Beales sales slump
Department store operator Beales has recorded a 6.4 per cent drop in like-for-like gross sales and warned there will be no uplift for the remainder of its financial year.
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News
John Lewis sales down, but Waitrose robust
John Lewis Partnership posted a group sales rise of 2.7 per cent in the week to June 21. Revenues at the eponymous department stores fell 1.2 per cent, but grocery chain Waitrose reported a 5.2 per cent rise.
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Analysis
Foot on the pedal
Halfords’ bold poaching of David Wild from Wal-Mart indicates that it is serious about boosting its overseas presence. But that doesn’t mean it will take its eye off the UK. George MacDonald assesses the new chief’s likely impact
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Opinion
Store manager’s diary: Liverpool launch has been inspiring for staff
It’s a really exciting time at John Lewis at the moment. We are moving full swing into the biggest period of expansion that we have undertaken to date, doubling the size of the business over the next decade.
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News
Cash-strapped consumers are trading down
Shoppers are less likely to treat themselves and are increasingly choosing value retailers or retailers’ own-label brands, according to an ICM poll carried out exclusively for Retail Week .
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News
Debenhams 'extends payment terms to suppliers'
Debenhams has extended payment terms to its suppliers as it continues to be hit by unrelenting tough trading on the high street, according to weekend reports.
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Opinion
The big question for Woolworths
“Good management, bad business.” If Trevor Bish-Jones had a pound for every time someone said that about his time at Woolworths, his pay-off would pale into insignificance.
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News
Fraser’s new house unveiled
House of Fraser has unveiled its vision for stores as part of plans to become a premium national department store group.
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News
Home Retail Q1 stable but tough times ahead
Home Retail Group recorded flat first-quarter like-for-like sales at its flagship Argos chain – ahead of expectations – but warned that the outlook remains challenging.
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News
Borders lines up suitors for Paperchase
Borders is understood to have received indicative offers from Luke Johnson and WHSmith for its stationery chain Paperchase.
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News
Woolies seeks new chief as Bish-Jones makes shock exit
Woolworths chief executive Trevor Bish-Jones’ shock decision to stand down has prompted fevered speculation about who might succeed him in one of retail’s most challenging roles.
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News
Wal-Mart man to take charge at Halfords
Halfords has appointed David Wild as chief executive, with effect from August 4.
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Opinion
The Retail Week - June 20, 2008
It’s goodbye to Woolworths from Trevor Bish-Jones, but probably not a farewell to retail. I suspect we’ll hear more of Bish-Jones, assuming he doesn’t decide to sit back and enjoy spending his pay-off.
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News
Land of Leather plans rescue deal as sales collapse
Land of Leather has announced plans to secure a rescue financing deal of 14.8 million, gross of expenses, by way of placing almost 30 million shares, underwritten by its brokers.
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News
May online sales hit £4.5 billion
Online spending in May rose to more than 4.5 billion, an increase of 1.6 per cent on April, according to the IMRG Capgemini e-Retail Sales Index.
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News
Summer Fair to host Mary Portas
TV celebrity and retail branding expert Mary Portas is gearing up to speak at the Summer Fair, which starts this Sunday.