All General merchandise articles – Page 15
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News
Former Pepco boss Andy Bond to return as chair
Andy Bond is to return to Poundland owner Pepco Group as its new chair.
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News
Third of American candy stores on Oxford Street closed down
One-third of the “rash” of American candy stores operating on Oxford Street have been closed down due to illegal activity and tax evasion, according to Westminster City Council.
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News
Pets at Home profits fall due to increased costs of energy and freight
Pets at Home has blamed rising energy and freight costs for a slump in profit before tax, but has not changed its full-year guidance as customer levels remain strong.
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News
Card Factory upgrades profit outlook as sales climb
Card Factory has raised its profit forecast for the full year following “stronger than expected” sales.
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News
Wilko sells £48m distribution centre as it battles to shore up balance sheet
Wilko has completed the sale and leaseback of one of its distribution centres as it struggles to shore up its balance sheet after a bruising trading period.
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News
The Works sales edge up despite cyber attack aftermath
Sales at The Works edged up despite an “increasingly challenging consumer environment” and the aftermath of a cybersecurity attack that forced it to close five stores earlier this year.
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Analysis
Analysis: Is WHSmith underestimating the power of the high street?
In the same week that Primark and Marks & Spencer lauded the return of shoppers to the high street, WHSmith’s focus remains on its travel business – is it missing a trick?
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News
B&M reports 'good' golden quarter trading after profits fall
Value giant B&M has reported a “good” start to the Christmas season’s trading and a decline in first-half earnings.
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News
WHSmith back in the black after year of 'significant recovery'
WHSmith has reported a return to profit and said its flagship travel arm is in its “strongest ever position” after it bounced back in the wake of the pandemic.
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News
One in three store staff face abuse every week, new report finds
One in every three shop workers are the victims of physical or verbal abuse from shoppers every week, according to the shocking findings of a new report.
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Analysis
How Sainsbury's is shaping up for Christmas: value, own-brand and resurgent Argos
After reporting first-half results today, Sainsbury’s chief executive Simon Roberts looked forward to the coming Christmas period, which is set to be more value-led than any in living memory.
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News
Sainsbury's profits fall following price investment and post-Covid shift in shopping habits
Sainsbury’s has reported a decline in first-half profits but said current trading is strong and it is making volume market share gains.
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News
Amazon shares tumble as it warns golden-quarter profit could be wiped out
Amazon has warned that its profits could be all but wiped out during the crucial golden quarter in a bleak prediction that stunned Wall Street.
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News
Retail sales slump below pre-Covid levels in September
Retail sales volumes slumped to below pre-Covid levels in September as sluggish consumer confidence and store closures during the Queen’s funeral impacted performance.
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News
Discounter Pepco targets new store openings as customers fly to value
Poundland owner Pepco has said it will accelerate its new store opening programme as demand for its offering increases amid global economic uncertainty.
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Report Store
Retail 2023
Retail 2023 will give you fresh inspiration to weather the coming months and help you build a resilient set of strategies to make 2023 a success.
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Analysis
Analysis: What are the implications for retail as sterling takes a pounding?
The new government’s mini-budget last week proved to be anything but. Indeed, it was so dramatic that it has spooked financial markets and sent the pound to record lows against the dollar.
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News
Boohoo cancels orders and Wilko delays payments amid tough trading conditions
Online fashion specialist Boohoo has cancelled orders and variety store group Wilko is delaying supplier payments as disrupted trading conditions take a toll.
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Interview
Interview: Poundland’s Barry Williams on Christmas, cost of living and gunning for the grocers
Retail Week sits down with Poundland boss Barry Williams to discuss the challenges and opportunities presented by the cost-of-living crisis, the retailer’s growing focus on new categories and building a profitable online business from a standing start
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News
Moonpig goes back to basics to navigate cost of living crisis
Moonpig has said it will focus on greeting cards and has left its full year guidance unchanged as it seeks to navigate the current cost of living crisis.