All General merchandise articles – Page 44
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NewsGear4Music sales spike during golden quarter
Gear4Music has registered a spike in sales during the golden quarter as its proposition struck a chord with a growing number of customers.
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NewsAsda adopts owner Walmart’s parcel towers in UK first
Asda has launched its first automated parcel tower designed to speed up online collections and returns for customers.
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NewsSteinhoff loses another executive as finance boss exits
Steinhoff’s finance boss has become the latest executive to step down from the embattled business in the wake of its accounting scandal.
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NewsPoundland’s X-rated Elf tweets to be probed by ASA
The Advertising Standards Agency (ASA) has launched an investigation into Poundland’s lewd ‘Elf on the Shelf’ Twitter campaign.
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NewsRetailers face ‘fight to survive’ in 2018, experts warn
UK retailers face a “fight to survive” next year as they face into a “perfect storm” of operating headwinds and lingering Brexit uncertainty, experts have warned.
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NewsPoundland owner Steinhoff downgraded amid debt concerns
Poundland owner Steinhoff has been rocked by another downgrade by credit ratings agency Moody’s amid fears the conglomerate may struggle to “sustain its European operations”.
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AnalysisKnowing the consumer: A guide to a customer-centric 2018
With consumers feeling the pinch of ongoing political and economic uncertainty, measuring sentiment and understanding how they want to shop will be critical in 2018.
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NewsPoundland seeks to reassure staff as Steinhoff reels
Poundland has sent a statement to its employees insisting that despite its credit cover being downgraded it expects “no impact on the business in terms of supply”.
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NewsChristmas discounting to overtake Black Friday
More retailers will offer promotions in the week before Christmas Day than during the Black Friday Sale weekend, according to trends observed by PwC.
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NewsSteinhoff chairman Wiese quits amid accounting scandal
Steinhoff chairman Christo Wiese has stepped down from the role in the wake of the group’s accounting scandal.
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OpinionOpinion: A cracker for grocers, turkey for the rest?
’Tis the season to be jolly, but it might only be the grocery retailers bringing good tidings from the industry this Christmas.
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NewsSteinhoff shares crash 75% after accounting probe
Steinhoff has had around three-quarters of its market value wiped out in just 48 hours after launching a probe into accounting irregularities.
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AnalysisConsumer 2018: How Brexit will change how we shop
Brexit has left Britain divided. But how will it change how the nation shops? Retail Week investigates Brexit’s impact on consumers in 2018 and beyond.
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NewsPoundworld chief executive Gerry Gray steps down
Poundworld’s chief executive Gerry Gray has exited the business for “personal reasons” after less than two years at the helm, Retail Week can reveal.
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NewsSteinhoff boss Jooste resigns amid accounting scandal
Poundland owner Steinhoff’s chief executive Markus Jooste has stepped down with immediate effect as the group launches a probe into “accounting irregularities”.
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NewsTypo grows store count and joins Asos to expand reach
Typo is set to more than double its UK store portfolio before Christmas and launch on the Asos platform as it aims to extend its reach in this market.
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InterviewInterview: Poundland and Pep&Co’s Euro guru Cardinaal
“I’ve always had an ambition to come and work in the UK,” says Sean Cardinaal, Poundland parent company Pepkor’s chief operating officer and the man tasked with driving its aggressive expansion plans.
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NewsMarks & Spencer may abandon new store developments
Marks & Spencer could pull the plug on dozens of building projects across the UK as boss Steve Rowe steps up his turnaround plans.
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NewsToys R Us bids to shutter quarter of UK stores in CVA
Toys R Us is poised to unveil plans to shutter a quarter of its UK stores through a company voluntary arrangement (CVA).
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AnalysisAnalysis: Five lessons for retailers from Lotus
Intense competition, financial shortfalls and senior management disruption. Sound familiar?