All General merchandise articles
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News
Mother’s Day and warm weather help retail sales offset global economic headwinds
Despite ongoing global economic headwinds and strong comparisons year on year, warmer weather and Mother’s Day both helped retail sales over the month of March.
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News
The Very Group completes refinancing
The Very Group has refinanced £598m through issuing privately placed senior secured notes due in August 2027.
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News
Moonpig hails ‘strong’ performance as profits and sales grow
Online greetings card and gifting retailer Moonpig has hailed a “strong performance” as sales and profits continue to grow.
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News
Theo Paphitis’ Boux Avenue marks ‘breakthrough year’ for profits
Entrepreneur Theo Paphitis’ lingerie and clothing business Boux Avenue will clock up its first-ever profit in the financial year just ending, Retail Week can reveal.
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Analysis
WHSmith: Can its new owners make the high street business actually work?
After 233 years on the high street, news broke last week that WHSmith’s high street business has been sold to Modella Capital for £76m
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News
Modella Capital lays out plans for WHSmith after acquiring its high street arm
Private equity firm Modella Capital has laid out its plans for the WHSmith high street business, which was acquired in a £76m deal.
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News
WHSmith sells UK high street business to private equity firm and rebrands to TGJones
WHSmith has made the decision to sell its UK high street business to a private equity firm in a £76m deal as it focuses on becoming a pureplay global travel retailer.
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News
WHSmith completes refinancing package
The retailer announced the completion of a £200m issue of US Private Placement (USPP) notes and a bank term loan of £120m.
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News
Waterstones boss teases idea of a London stock exchange float
The boss of Waterstones James Daunt has teased the idea of floating the book retailer on the London stock exchange.
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News
WHSmith bidder Modella Capital eyes restructuring of Hobbycraft
The owner of Hobbycraft, Modella Capital, is mulling a restructuring of the arts and crafts retailer, according to reports.
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Analysis
What next for WHSmith’s high street business as ownership race heads into final furlong?
Critics often said that if WHSmith didn’t exist, no one would bother to invent it. Yet, as things stand, there are at least two private equity firms battling it out to acquire the brand, even if it likely won’t come with the name.
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News
Race for WHSmith high street business down to two bidders
The expectation is that a deal is being targeted for April.
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Analysis
Charity shops, green brands and Vinted: how do modern women really shop?
In honour of International Women’s Day, we’ve teamed up with CACI to reveal just how nuanced the modern female shoppers are.
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News
WHSmith name set to vanish from UK high streets following sale
WHSmith has been trading on the high street since 1792.
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News
TK Maxx owner TJX ‘exceeds guidance’ with improvement to store sales
TK Maxx’s parent company TJX has reported that the group has “exceeded guidance” as store sales perform better than expected.
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News
The Very Group has delivered an ‘improved performance’ as profit grows
The Very Group has recorded an “improved performance” as it saw profits rise but its revenue slipped.
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News
WHSmith’s travel business takes flight as high streets continue to drag
WHSmith has praised the “strong momentum” across its increasingly core travel business, not least in the US, while its high street stores performed “in line” with expectations.
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News
WHSmith is in talks to sell its UK high street shops
WHSmith is in talks to sell its whole high street business in the UK following 230 years on the high street.
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Innovation of the Week
WHSmith has launched a retail media network in North America
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
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Feature
Retail’s 101 favourite stores as chosen by the bosses of M&S, John Lewis, Ikea, Boots and more
From hometown heroes to international inspiration, we asked retailer leaders, commentators and our journalists to name their favourite store in the world. The result is 101 stores that show bricks-and-mortar retail at its very best.