All General merchandise articles – Page 17
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News
B&M names new chief executive as profits come in flat
Value giant B&M has promoted chief financial officer Alex Russo to become chief executive and reported flat full-year profits.
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Interview
How Theo Paphitis went from sales assistant to tycoon, TV star and campaigner
As Theo Paphitis wins the AlixPartners Outstanding Contribution to Retail Award, the boss of Ryman, Boux Avenue and Robert Dyas reflects on his lifelong passion for retail
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News
Pets at Home profits surge as sales climb bolstered by record new customer numbers
Pets at Home reported a jump in full-year profits and sales as outgoing boss Peter Pritchard as the retailer is ’well placed to accelerate our growth in market share’.
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Opinion
‘Walmart woes spook investors, but now’s not the time to run a business for the share price’
The challenges flagged by Walmart, and its responses to them, likely give a taste of things to come for the US giant’s counterparts on this side of the pond.
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News
Moonpig expands range with Buyagift acquisition
Moonpig has made moves to grow its gifting offer with the proposed acquisition of Buyagift.
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Analysis
Deep dive: Room for one more – are co-CEOs the future of retail leadership?
When it comes to leadership, are two heads really better than one? Marks & Spencer seems to think so. Retail Week explores the trend for co-chief executives in retail.
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Data
Data: Prices soar in April driven by furniture, electricals and books
Shop prices have reached record highs across all categories as cost pressures from the war in Ukraine and Shanghai’s lockdown mount.
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News
Card Factory swings to profit as sales mount ‘steady recovery’
Card Factory has bounced back into the black after mounting a “steady recovery” in sales following the coronavirus pandemic.
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News
Amazon slips into loss as productivity becomes focus
Online giant Amazon has reported a quarterly loss - its first since 2015 - as torrid trading conditions took a toll.
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Analysis
Analysis: Can Sainsbury’s food-first focus stand up to inflationary pressures?
A year into its strategy to put food back at the heart of its business, Sainsbury’s has delivered strong profit growth. Yet as the cost-of-living crisis begins to bite, the grocer is faced with unique challenges on top of the hyper-inflationary market
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Analysis
From Bower Collective to Pasta Evangelists – how subscriptions are leading CX
Retail Week examines why subscription models are key to locking in loyalty and how these new businesses are driving exceptional experiences in our report 9 CX Disruptors.
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News
WHSmith boss Cowling: ‘We’re confident that travel is back for good’
WHSmith chief executive Carl Cowling has told Retail Week he is sure the leisure travel industry will boom through the summer and beyond – giving his travel stores a boost.
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News
Wilko poaches Post Office exec for retail director role
Home and garden retailer Wilko has revealed the appointment of Amanda Jones as retail director.
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Analysis
Analysis: Five ways outgoing B&M boss Simon Arora created a value powerhouse
B&M chief executive Simon Arora will step down next year, having transformed the value operator into a UK retail powerhouse over the past two decades. His time at the helm offers lessons aplenty for his contemporaries, as Retail Week explores.
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News
Funky Pigeon suspends orders following cyberattack
Online cards and gifts retailer Funky Pigeon has taken its systems offline and temporarily suspended all orders following a cybersecurity breach last week.
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News
George at Asda launches collaboration with Netflix
George at Asda will partner with Netflix to offer a range of fashion and lifestyle products based on the streaming service’s original series.
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Analysis
9 CX disruptors – meet the retailers and brands redefining experience
A new generation of ingenious businesses are wowing customers like never before with lessons for established retailers, Retail Week’s latest report finds.
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News
Poundland buys Poundshop.com as it plans national online rollout
Poundland has acquired discount etailer Poundshop.com for an undisclosed sum, marking the next step in the retailer’s plan to build a nationwide online presence.
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Analysis
Profile: Pets at Home’s new top dog Lyssa McGowan
Pets at Home’s new chief executive appointment came as a shock as she was a name few in the sector were familiar with. What could Lyssa McGowan bring to the role to drive the business to the next level?
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News
Studio formally calls in administrators following cash call crisis
Online retailer Studio has formally drafted in administrators after signalling the likelihood of collapse earlier this month.