All General merchandise articles – Page 252
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News
Signet shines in UK but struggles in US
Transatlantic jewellery giant Signet has revealed a strong performance in the UK in the first quarter, but has been dragged back by its US business.
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News
Soaring food prices drive retail inflation
Annual retail prices rose 1.2 per cent last month fuelled by a surge in year-on-year food prices of 4.7 per cent, up from annual inflation of 4.1 per cent the previous month, according to figures released by the British Retail Consortium (BRC) today.
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News
The Works sale confirmed
Beleaguered discount bookseller The Works has been bought by private equity company Endless, as reported by Retail Week Online yesterday (May 6).
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News
Endless buys The Works
Beleaguered discount bookseller The Works is understood to have been bought by private equity company Endless, as forecast by Retail Week (March 28).
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News
Instore picks finance director
Value retailer Instore has appointed Ebrahim Suleman as group finance director.
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News
Bhs puts freeze on refits to ride out tough times
Bhs is to temporarily halt its store refurbishment programme from the end of this month.
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News
John Lewis sales robust, as Waitrose shines
Department store chain John Lewis posted a solid set of figures for the week to April 26 and stablemate supermarket chain Waitrose delivered a strong performance.
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News
Next takes Home Retail to court over copycat furniture claims
Fashion-to-homewares retailer Next has begun legal action against Argos over alleged design infringement of its children’s bedroom furniture range Storm.
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News
Sound Control falls into administration
Sound Control, the UK’s biggest musical instruments retailer, has collapsed into administration.
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Analysis
Home Retail Group: the City view
Argos, Home Retail’s flagship chain, delivered record profits last year, but the outlook is cloudy.
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News
South Korea’s Lotte eyes India and Vietnam
South Korea’s largest retailer, Lotte Shopping, is targeting India and Vietnam as part of its plans to expand in some of the world’s fast-growing economies.
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News
US retailers lure consumers as first tax rebates come in
Many of the US’s biggest retailers are offering promotional incentives for customers to trade in tax rebate cheques, as the first payments from President Bush’s US$100 billion ( 50.21 billion) tax giveaway arrived in bank accounts and through the post on Monday.
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News
Home Retail profits climb
Home Retail Group has warned that tough trading conditions are likely to result in like-for-like sales falls at its Argos and Homebase chains.
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News
Retailers report falling volumes
Retail sales fell markedly year on year in April, as poor weather and the early Easter added to the economic slowdown, according to the CBI today.
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News
Price-fixing probe hits 100 brands
Some of the UK’s best-known consumer brands face a probe over allegations into price-fixing, as the Office of Fair Trading (OFT) steps up its wide-ranging investigation into the grocery sector.
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News
Dunelm sales rise
Dunelm has posted strong sales for the 43 weeks to April 26 and its chief executive is bullish about the outlook for the value homewares retailer.
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News
Instore reduces losses
Variety store group Instore has made a pre-tax loss of 2.3 million in the year to March 1, from a loss of 9.1 million the previous year.
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News
John Lewis sales power ahead
John Lewis department stores registered a 7 per cent sales rise for the week, despite the unhelpful cold weather.
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News
T-Mobile appoints new retail director to drive growth
T-Mobile UK has appointed Andrew Coull as director of retail as it eyes further retail growth.
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News
Sainsbury’s ups non-food with homewares assault
Supermarket chain targets slice of Tesco and Asda’s non-food share with new Tu brand