All General merchandise articles – Page 168
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News
Pets at Home festive like-for-likes up 4.9%
Pets at Home posted a strong Christmas performance, despite the mild weather impacting on cold weather product lines.
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News
Past Times collapses into administration
Past Times has collapsed into administration after appointing KPMG this afternoon.
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Halfords appoints group digital director
Halfords hopes to drive online growth further with the appointment of Clive West as group digital director.
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QD plans expansion after solid Christmas
Value retailer QD Stores delivered its “best ever Christmas”, as it eyes acquisition opportunities in a bid to expand during 2012.
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Hallmark plays international card
Greetings card retailer Hallmark has laid out plans for international expansion as it launches a business review under new chief executive Steve Wright.
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Walmart Canada to cut prices on 7,000 items
Walmart Canada is cutting prices on 7,000 items during January. The cuts are on all major categories across grocery and general merchandise and, Walmart says, are expected to translate into customer savings of more than C$25.7m (£16.2m) this month.“With the holiday season over, we know our customers are experiencing budget ...
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Analysis
Build-a-Bear Workshop: The bear necessities
Launched 14 years ago, Build-a-Bear Workshop still enjoys healthy success. By Charlotte Hardie.
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Ecommerce drives Ryman profits surge
Stationery specialist Ryman will continue to expand this year despite the tough economic conditions after delivering a strong full-year performance.
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Analysis
US discounters turn up the heat in grocery sector
Last week, US-based discount retailer Family Dollar posted a 7.6% increase in net sales to $2.1bn (£1.36bn) on the back of strong growth in the consumables category.
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Analysis
Beating a UK retreat
As Best Buy officially pulls out of the UK this weekend, Charlotte Hardie considers why it and many other international big shots have failed in their bid to conquer the UK.
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News
Food retailers slide as sentiment worsens
As the Christmas trading statements started to come thick and fast, general retailers just about held their own against the market.
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Halfords like-for-likes drop 4.8% Q3
Car parts and cycle specialist Halfords like-for-likes dropped 4.8% in the third quarter after comparatively warm weather affected car maintenance sales.
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News
Argos like-for-likes plummet 8.8%
Argos like-for-like sales plummeted 8.8% for the 18 weeks to December 31.
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Seven & I posts operating income increase
Retail group Seven & I posted results for the nine months to the end of November, with operating income up ¥216.2bn (£1.82bn) compared with ¥175.7bn (£1.48bn) the previous year. Revenue from operations was ¥3.54 trillion (£29.8bn), lower than the ¥3.8 trillion (£32bn) reported for the same period the previous year. ...
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News
Aeon reports revenue increase
Japanese variety retailer Aeon has reported its financial results for the nine months ended November 30, 2011. Revenue rose to ¥3.75 trillion (£31.6bn) compared with ¥3.73 trillion (£31.4bn) reported for the same period the previous year. Net profit was ¥36.54bn (£307.7m), 25.6% lower than the ¥49.12bn (£413.7m) reported last year. ...
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Analysis
Margins: What do retailers need to know?
Many retailers started their Sales early during the Christmas period. What are the implications of discounting on retailers’ margins?
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News
Hawkins Bazaar deal expected next week
Administrators to troubled Hawkins Bazaar are expected to reveal whether it has struck a deal with interested parties by the beginning of next week after its parent company Tobar Group collapsed into administration last month.
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News
Merger announced for Shopko and Pamida
Shopko and Pamida, both owned by an affiliate of Sun Capital Partners, are to merge. The retailers expect the deal to close in mid-February, and financial details have not been disclosed. With Shopko and Pamida’s annual revenues of $2bn (£1.29bn) and $1bn (£647.4m) respectively, the companies will operate nearly 350 ...
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News
Target announces Canadian store locations
Target has announced the locations of its first 24 stores in Canada. The Ontario stores will open in March and early April 2013 in London, Kawartha Lakes, Newmarket, Milton, Cambridge, Toronto, Mississauga, Ajax, Orillia, Brampton, Windsor, Burlington, Aurora, Fergus, Hamilton, Guelph, Waterdown and Whitby. Target Canada president Tony Fisher said ...
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News
Past Times closes 47 stores as it is granted breathing space from administration
Epic, owner of troubled gifts retailer Past Times, has another 10 days to conclude a deal or appoint administrators after it successfully applied for an extension on its notice to appoint an administrator as talks with interested parties continue.