All General merchandise articles – Page 186
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NewsWH Smith AGM blow
WH Smith suffered a blow at its AGM yesterday when nearly a third of its shareholders who voted refused to back the remuneration report.
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NewsArgos-owner Home Retail ran slide-rule over Blacks
Argos-owner Home Retail Group was among the potential bidders for outdoors specialist Blacks Leisure, it has emerged
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NewsWH Smith like-for-likes fall 5%
WH Smith group like-for-likes dropped 5% in the 21 weeks to January 22.
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AnalysisChristopher North
With a keen eye for data and background in publishing the new Amazon UK managing director seems the perfect fit for the online giant.
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NewsLondon, Glasgow and Manchester best for town centre shopping
London, Glasgow, and Manchester offer the best town centre shopping experience, according to research from retail consultancy Verdict.
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NewsHalfords forgets to renew domain name
Eager shoppers to Halfords.com were met with a holding page on the website yesterday after the company forgot to renew its domain name.
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NewsFood sales suffer worst December on record
Food sales by volume declined 3.4% in December, the lowest on record since the index began in 1988.
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NewsGeneral retailers up but grocers subdued
Last week’s Super Thursday round of updates brought plenty of depressing news as big names such as Dixons and Halfords warned that profits would only make the low end of expectations.
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News
Massmart H2 sales increase 13.3% to £2.5bn
Massmart - the company in which Walmart intends to take a 51% stake before the end of March this year - has announced its preliminary financial results for the six months to the end of December, 2010.Sales increased 13.3% to R27.5bn (£2.5bn). Like-for-like sales jumped 7.3%. The Mass discounters division ...
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News
Aeon to expand My Basket neighbourhood stores to 1,000 shops by 2013
Retail giant Aeon plans to expand the number of My Basket neighbourhood stores to about 1,000 shops by 2013. Most stores are expected to open in Tokyo.My Basket was launched in December 2005 and, although the average size of 1,615 sq ft is only slightly larger than typical convenience stores, ...
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NewsJessops Christmas like-for-likes up 3%
Camera specialist Jessops like-for-likes grew 3% over Christmas as “choice and service” helped grow sales.
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NewsMassmart shareholders approve Walmart deal
South African retailer Massmart’s shareholders have approved a $2.39bn tie-up with Walmart.
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NewsThe Hut sales leap 70% in 2010
Online retailer The Hut’s sales jumped 70% for the year to December 31.
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NewsPrimark sales director lands senior Target role
Primark sales director Allan Molloy is leaving the value fashion giant to join Australian retailer Target.
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NewsInvestors still cold on the retail sector
General retailers and grocers were both left on the shelf by investors and the market was flat overall.
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NewsGeneral retailers look a better bet than grocers
General retailers provide a better investment opportunity than food retailers in 2011, Oriel analysts believe.
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NewsTesco starts selling tyres
Tesco is moving into the car parts trade when it launches a tyre-selling service online next month.
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NewsArgos-owner Home Retail reports better than expected Christmas
Argos-owner Home Retail Group took a sales hit of between £20m and £30m hit over Christmas because of the snow but full-year profits are likely to be better than feared.
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AnalysisRose: the legacy
After almost seven years, Sir Stuart Rose has finally cut his links to Marks & Spencer. How big an impact did he have on the retailer, asks George MacDonald
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NewsRyman sales and profits rise despite ‘tough year’
Stationery specialist Ryman generated sales and profits growth last year but cautioned 2011 will be challenging.