All General merchandise articles – Page 160
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NewsFormer Morrisons director Richard Lancaster joins Poundland
Former Morrisons corporate marketing and operations director Richard Lancaster is to join Poundland.
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NewsJessops' bank mulls exit
Camera specialist Jessops’ largest shareholder HSBC has been in talks with advisers about a possible sale of the retailer by the summer, it is understood.
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AnalysisAnalysis: What will Willson-Rymer do with Clintons?
With the news that ailing greetings card retailer Clinton Cards has delayed publication of its strategic review until next month, Retail Week has put together its own thoughts on what boss Darcy Willson-Rymer will be looking at.
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NewsLovehoney stars in dedicated Channel 4 show
Channel 4 viewers will get a glimpse into the day-to-day world of sex toy etailer Lovehoney when a television programme devoted to the retailer airs next month.
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NewsStruggling Clinton Cards delays publication of strategic review
The unveiling of Clinton Cards’ strategic review, expected today, has been delayed.
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News
Pick n Pay posts sales increase
Pick n Pay increased sales by 8.1% to R55.3bn (£4.76bn) for the year to February 29, while profit fell 10.6% to R1.3bn (£112m). The retailer said that was the result of investment in transformation initiatives. They include the launch of its smart shopper loyalty programme, the sale of Franklins in ...
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Metro unifies structure of Makro cash-and-carry operations
Metro has unified the structure of its Makro cash-and-carry operations in Spain and Portugal. The change is part of a strategy to build synergies and improve competitiveness. Makro Portugal has not reached its performance targets over the past few years and is coming under additional pressure from a tough economic ...
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NewsJML shopping programme to debut on ITV1
JML to air first shopping programme on a mainstream channel that enables viewers to buy products.
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Walmart’s global ecommerce division to double hiring target in India
Walmart’s global ecommerce division is doubling its hiring target in India to 200 employees to revamp the retailer’s ecommerce platform. Over the last five months, @WalmartLabs – which operates under Walmart’s global ecommerce unit – has been building Indian operations with a focus on social and digital technology. Jeremy King, ...
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News
Woolworths’ results slow on deflation
Woolworths’ results slowed on deflation during its third quarter, growing 3.8% to AUS$14.1bn (£9.15bn). The retailers’ supermarket division experienced solid growth of 3.7% to AUS$12.2bn (£7.92bn), while the retailer’s non-food fascias had a mixed result. Consumer electronics fascia Dick Smith reported a 1.7% decline in sales to AUS$269m (£174.6m), although ...
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OpinionComment: Restoring Mothercare's fortunes won’t be child’s play for Calver
On Monday, Simon Calver takes control at Mothercare, where the wheels have come off the pram in the core UK market.
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NewsMothercare FD Neil Harrington quits
Mothercare finance director Neil Harrington has resigned from the struggling maternity retailer.
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News
Toys R Us to launch transactional website in China
Toys R Us is to launch a transactional website in China. The retailer has signed an agreement with Fireswirl Technologies, which will provide online operations for its 60 stores in Greater China including its Taobao flagship store.At present, Toys R Us has a Chinese website providing product recommendations.
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Blokker reports group sales increase
Toy, home and garden retailer Blokker reported group sales steady at e2.7bn (£2.34bn) and up 3% in its domestic market in the year to January 28. Performance was driven by its home formats Xenos, Big Bazar and Cook & Co. Operating profit fell 20.9% to e167m (£144.8m) and net profit ...
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NewsRobert Dyas denies R Capital is among potential buyers
Hardware and homewares retailer Robert Dyas has denied reports that Little Chef owner R Capital is among potential buyers for the business.
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GalleryStore of the week: Mini, Westfield Stratford
Westfield Stratford isn’t really the sort of place that you’d head for if you want to buy a car or indeed accessories that might be associated with it, but the Mini pop-up store might help to change your mind.
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NewsLandlords slam "underhand practice” of pre-pack administrations
Landlords have slammed the “growing underhand practice” of insolvency practices such as pre-pack administrations that they say siphons “tens of millions of pounds out of pensioners’ savings into the pockets of private investors profiting from retail failure”.
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NewsRetail sales rise in March, ONS reports
Retail sales surged year-on-year and month-on-month in March, official data showed.
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OpinionM&S still a work in progress
Marks & Spencer’s fourth-quarter update on Tuesday failed to meet market expectations and the share price fell sharply.
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AnalysisProfile: Aziz Tayub, Poundstretcher owner, chairman and chief executive
He may shun the spotlight, but the Poundstretcher boss has drawn the industry’s attention with plans to expand into the Middle East.