All General merchandise articles – Page 18
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NewsVery Group profits soar as revenues jump to record levels
The Very Group reported surging profits and a record year for sales during the pandemic as the retailer ramps up for a “particularly strong” Christmas.
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NewsPoundland owner posts sales and earnings rise
Pepco, owner of the Poundland value retail chain, has reported a rise in annual sales and profits.
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AnalysisAnalysis: The solutions retailers are putting in place to navigate the supply chain crisis
A shortage of HGV drivers, increased Brexit red tape, not enough warehouse staff, high freight costs and a shortage of food-grade CO2. It feels that, from week to week, the supply chain issues facing UK retail have only piled up further, posing big questions for the industry.
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AnalysisWhere retail’s top bosses love to shop
As the retail sector finds its feet again in the months following reopening, which shops are the industry’s leaders most excited to get back to? Retail Week asks retail CEOs what their favourite stores are and why.
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NewsWHSmith warns on future profit uncertainty despite high street and travel rebound
WHSmith said it expects the outcome for the year to August 31 to be ahead of expectation after an uptick in high street and travel trading, yet warned ongoing uncertainty could impact profits in future.
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NewsWalmart raises outlook as second-quarter sales surge
American giant Walmart has increased its full-year outlook for the second time this year as sales surged in the second quarter despite the effects of the Delta strain on consumer confidence.
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NewsVery Group to resume paying dividends to Barclay family
The Very Group will restart dividends to billionaire owners the Barclay family after hitting pause on the payments for four years.
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NewsPets at Home upgrades outlook as sales soar
Pets at Home has raised its profit expectations as “strong sales momentum” continued into the first quarter.
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AnalysisApps, personalisation and UX: How Moonpig and In The Style are powering growth
As Moonpig and In The Style publish stellar results for the past year, Retail Week explores what other retailers could learn from their digital strategies.
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NewsHobbycraft sales slump following lockdown store closures
Hobbycraft sales and profits slumped due to coronavirus-related store closures, although trading has improved since April reopening.
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NewsB&M sales slow as boss indicates ‘uncertainty’ around consumer spending
B&M’s sales have dipped in the first quarter of the value retailer’s current financial year following exceptionally strong trading during the pandemic.
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NewsWHSmith to open string of airport tech stores as travel recovery begins
WHSmith has announced that it will open 18 new airport stores under its InMotion fascia.
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NewsCard Factory slumps to loss as coronavirus batters sales
Card Factory has swung into the red after store closures during national lockdowns decimated its full-year sales.
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InterviewInterview: Bloom & Wild’s Aron Gelbard on growing an online winner with data
The co-founder of flower delivery disruptor Bloom & Wild, Aron Gelbard, talks to Retail Week about his drive to transform the industry, replacing Google as the world’s biggest flower brand and the £22bn opportunity of expanding internationally
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NewsPets at Home to invest £70m as it targets pet ‘baby boomers’
Pets at Home is targeting three key areas for investment as it seeks to take advantage of the new wave of pet owners.
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NewsPets at Home profits rise as it eyes ‘strong momentum’ post-pandemic
Pets at Home has racked up an increase in sales and profits in what it dubbed “an extraordinary year” for the business.
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GalleryStore gallery: Inside Poundland’s new Local convenience format
Poundland has launched its first Poundland Local convenience store format as it ramps up plans to expand into smaller towns and neighbourhoods across the UK.
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NewsWilko profits tumble as sales fall in year of ‘difficult trading’
Wilko has reported a sharp fall in full year pre-tax profits and a decline in sales, citing the challenging retail landscape as the reason for “a year of modest results”, Retail Week can reveal.
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NewsCard Factory sales ‘exceed expectations’ as it completes refinancing
Card Factory has reported strong demand following its stores reopening in April.
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AnalysisMixing it up: How Hotel Chocolat and Joules are diversifying to drive growth
Diversification is a growing trend for retailers, from new product categories to new store formats and other customer propositions. But can adding more strings to your bow offer a route to long-term growth?