All General merchandise articles – Page 173
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AnalysisChristmas expectations: What do retailers need to know?
An ill wind is blowing in the run-up to Christmas as signs point to a dip in spending over the festive period. Is there any hope of good cheer on the horizon?
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NewsEtailer Chain Reaction on hunt for out-of-town locations in UK
Northern Ireland-based bikes etailer Chain Reaction Cycles is to open stores in the UK in another example of a predominantly online retailer eyeing opportunities in physical space.
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NewsHalfords posts "robust" performance in tough market
Pre-tax profits for car parts and bike specialist Halfords have fallen 20.4% as sales in its retail division were hit by motorists cutting back on car maintenance.
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NewsWHSmith like-for-likes fall 6%
WHSmith has revealed a like-for-like sales slump of 6% in 10 weeks to September 1.
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NewsRetail like-for-likes slip 0.6% in October
UK like-for-like retail sales slipped 0.6% in October as growth in food sales slowed and non food sales fell. Total sales were up 1.5%.
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Potential to operate stores in existing countries, says TJX
Off-price retailer TJX has said that it believes there is potential to operate 4,200 to 4,500 stores in its existing countries versus the 2,913 estimated to be in operation by the end of this financial year.The company is looking to have between 300 and 325 stores in the UK and ...
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News99p Stores launches discount bra
Single-price retailer 99p Stores is offering ‘smalls’ at small prices with the launch of a bra.
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99 Cents Only Stores reports sales increase
Discount retailer 99 Cents Only Stores has reported that sales for the second quarter ended October 1 rose 8.8% to $363m (£226m) compared with $334m (£208m) for the prior year period.Total retail sales were $352m (£220m) against $323m (£202m), while like-for-like sales increased 6.7%. The number of like-for-like sales transactions ...
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AnalysisIn for a pound
Poundland’s popularity has continued to grow thanks to the appeal of its single-price point and broad product range, and now boss Jim McCarthy plans to attract web customers too. By Tiffany Holland.
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NewsToys R Us suffers year-end profit slump
Specialist retailer Toys R Us suffered a profit plunge of 27.1% last year.
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NewsNew flagship store for Hallmark
Greetings card retailer Hallmark unveiled its new flagship store in Leeds last week, showcasing its “less formal” brand positioning.
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NewsNew chief at Clintons reveals recovery plan
Greetings card retailer Clintons is leading a four-pronged strategy to turn the struggling business around, including a property review that could include closing underperforming stores.
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Kesko appoints Arja Talma
Grocery and general merchandise retailer Kesko has appointed Arja Talma as president of Rautakesko and corporate management board member responsible for Kesko’s building and home improvement trade. Talma has been Kesko’s chief financial officer since 2005 after joining the company in 2004.Minna Kurunsaari has been named corporate management board member ...
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NewsRobert Dyas sale put on hold to see how it performs over Christmas
The sale of Robert Dyas has been delayed until next year so that would-be suitors can evaluate Christmas trading.
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NewsRetailers feel the heat as consumers save
Store stocks nudged up over the week, but analysts and retailers alike wrung their hands about trading prospects and consumer health as the countdown to Christmas continued.
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OpinionIs this the calm before the storm for retailers?
Every time the ONS or BRC issues sales figures that are not as bad as expected, the retail industry is accused of crying wolf.
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OpinionArgos will have to fight in China
Back in the summer, at the time of Home Retail Group’s full-year results, I asked Terry Duddy whether international expansion might make sense for Argos.
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AnalysisSouth Africa’s Pick n Pay seeks to follow Tesco’s lead
South Africa’s second-largest grocery retailer Pick n Pay has launched a premium private-label line.
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AnalysisProfile: Darcy Willson-Rymer
The former Starbucks man is no stranger to turnarounds, but does he have what it takes to give the flagging Clinton Cards a shot in the arm, Tiffany Holland reports.