All General merchandise articles – Page 150
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News
Walmex to face fresh investigation by US Congress
Walmart’s Mexican subsidiary Walmex is facing fresh investigation by the US Congress, which says it has documents suggesting that the retailer may have engaged in tax evasion and money laundering.This follows probes over allegations that the retailer bribed local Mexican officials to open stores more quickly.Congressmen Elijah Cummings and Henry ...
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AnalysisInternational analysis: Walmart slows expansion in some overseas territories
Last week Walmart reported a strong set of results for its second quarter ended July 31.
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NewsWHSmith expects full-year figures to be at top end of market expectations
WHSmith said it expects the outcome for the year to August 31 to “be at the top end of market expectations” in a pre-close trading statement today.
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OpinionComment: A decade of change and more to come
Our firm’s recent 10th anniversary has caused us to reflect on what has happened in the retail sector over the past decade – an extraordinary period of change and corporate activity – and to wonder what might happen in the next 10 years.
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NewsToys R Us trials selling products for mums
Toys R Us has teamed up with consumer goods specialist JML to sell products aimed at mothers.
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GalleryStore of the week: Rapha, Piccadilly, London
Cycling has never had greater currency in the UK than over the last month and most of it, with respect to all of the others involved, is down to one man: Bradley Wiggins.
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NewsWiggle reports "best ever" week driven by Olympics
Summer sales at Wiggle hit a record high last week pedalled by the Olympics and success of Tour de France winner Bradley Wiggins.
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NewsLovehoney eyes international growth as it plans Coco De Mer store expansion
Erotic etailer Lovehoney is looking overseas for growth as it eyes opening Coco De Mer stores worldwide.
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NewsWilkinson profits plummet 62.6%
Wilkinson’s pretax profit has plunged 62.6% to £22.74m in the year to January 27 due to the “tough trading environment” and £44m investment in stores and systems across the period.
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GalleryStore gallery: Clinton Cards back from the brink
Clinton Cards looked as if it was on the verge of joining retail’s brands of yesteryear, but its new-look store on London’s Cheapside may show the way forward.
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OpinionComment: Wilkinson gives value a run for its money
Shopping at value retailers actually terrifies me. The overstocked, overcrowded stores make the shopping trip a mission to get in and out of the shop as soon as is physically possible so I can breathe again.
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GalleryIn pictures: Wilkinson unveils radical new store format
Wilkinson is leading the multichannel charge in the value retail sector as it prepares to unveil a new-format store offering free Wi-Fi and an out-of-hours, click-and-collect service.
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OpinionComment: HMV - Hope May Vanish?
It is often said that hope springs eternal and that is certainly the way HMV’s management seem to feel, as they still confidently expect profits of over £10m this year, despite their dependence on Christmas trading and despite dismal trading over the last year. But HMV might stand for “Hope May Vanish”.
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OpinionComment: July BRC figures show signs of life
The July sales figures reported by the BRC hardly represented a ‘wish you were here’ postcard from the industry, but behind the monthly figures there were reasons for optimism.
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AnalysisPeople: Retail’s main job moves in July
July is usually a busy month for job moves as end of year results are announced, and this year it didn’t disappoint - some major boardroom changes were afoot.
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NewsShoppers return to West End as Olympics provides boost
Retailers in the West End have reported a improvement in their fortunes as shoppers flooded back to the district, boosted by the Olympics.
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GalleryStore gallery: Harrods’ unveils its new toy department
The London department store, Harrods’ Toy Kingdom is designed to impress both children and parents. It won’t disappoint.
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NewsWest End retailers launch emergency campaign to lure back shoppers during Olympics
Retailers in London’s West End are preparing an emergency “six-figure” advertising campaign to try to lure shoppers back during the Olympics.
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AnalysisProfile: Dennis Millard, interim executive chairman, Halfords
The interim executive chairman of Halfords assumes former boss David Wild’s responsibilities at a challenging time.
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NewsBike specialist Hein Gericke crashes into administration
The British division of German motorbike specialist Hein Gericke has fallen into administration.