All General merchandise articles – Page 14
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NewsPoundstretcher announces pay rise for employees as inflation soars
Poundstretcher announced that it would give a 10% pay rise to nearly 4,000 employees, effective from April 1.
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NewsPaperchase faces collapse as solvent rescue hopes fade
Paperchase is on the brink of collapse as hopes of a solvent rescue deal have faded.
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AnalysisStrategy spotlight: Five ways Sainsbury’s will stand out in a fiercely competitive market
As Costcutter-owner Bestway takes a stake, Sainsbury’s finds itself holding a challenging middle-market position between the discounters at one end, and Waitrose and Marks & Spencer at the other. Retail Week’s Prospect analysts explore five ways Sainsbury’s will differentiate itself in a fiercely competitive market.
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NewsPoundland announces store transformation project
Poundland is embarking on the “biggest transformation of its store estate” yet, which will see 50 stores open, expand or relocate across the UK before the end of September 2023.
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InterviewInterview: Jollyes CEO Joe Wykes on expansion, competition and staff happiness
From new store openings to Christmas trading results, petcare retailer Jollyes is celebrating a year of record-breaking and chief executive Joe Wykes has no intention of taking his foot off the accelerator
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NewsThe Works eyes growth following bumper Christmas despite deepening losses
The Works has predicted a growth in profit for the year following a bumper Christmas period, despite losses deepening in the first half.
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NewsWaterstones profits soar as post-pandemic shoppers flock to stores
Waterstones recorded an increase in full-year profits as sales soared post-pandemic.
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NewsArgos Ireland closure and Lloydspharmacy withdrawal from Sainsbury’s put 2,600 jobs at risk
Around 2,600 retail jobs could be lost after Argos revealed it will end its operations in Ireland and Lloydspharmacy decided to close its branches in Sainsbury’s stores.
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NewsMamas & Papas unveils new chief executive as it targets global expansion
Mamas & Papas has announced key changes to its executive team ahead of its planned expansion into international markets.
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NewsWHSmith in ‘strongest ever position’ as international travel opens up
WHSmith is in its “strongest ever position as a global travel retailer” after travel revenues across its UK and international travel businesses soared.
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NewsJollyes delivers 'all-time high' Christmas as shoppers pamper pets
Pets retailer Jollyes posted record Christmas sales across stores and online as a result of increased demand from shoppers pampering their animals despite financial pressures.
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AnalysisAnalysis: How retail confounded the doom and gloom to achieve a very merry Christmas
As soon as retailers’ Christmas updates started coming in, it was clear that something unexpected had happened – the festive season had been better than anticipated for many
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NewsPepco sales soar off the back of ‘very successful Christmas’
Poundland parent company Pepco has reported a boost in sales in the lead-up to Christmas and said it expects “another year of consistent performance” in 2023.
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AnalysisAnalysis: After a bumper Christmas, is Argos finally back to its best?
Argos was the surprise star performer for Sainsbury’s over Christmas, driving strong general merchandise sales growth. After years of underperformance, is Argos back at its best?
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NewsHobbycraft delivers ‘robust’ Christmas trading performance
Hobbycraft has posted a “robust” set of Christmas results driven by workshops, a quicker click-and-collect service and social media ‘cleanfluencer’ Mrs Hinch.
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NewsB&M profits to come in ahead of expectations after Christmas sales advance
Value powerhouse B&M reported a “very good” seasonal performance at its core UK business and full-year earnings are now expected to beat City expectations.
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NewsWilko secures £40m lifeline as it reshuffles non-executive board
General merchandise retailer Wilko has secured a £40m funding lifeline from noted high street lender Hilco and has announced a change at the head of its board.
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NewsNovember retail sales rise by value but volumes fall, official data shows
Retail sales increased by value last month but volumes declined, the latest ONS data revealed.
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NewsMoonpig lowers sales forecasts amid ‘challenging’ pre-Christmas trading
Moonpig has reduced its full-year sales forecasts after turbulent trading conditions hit its top line.
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NewsExclusive: Wilko starts tough year on back foot with loss
Wilko swung to a loss at the beginning of the year, as the tail end of lockdowns, supply chain disruption and plummeting consumer demand all took their toll.
