All General merchandise articles – Page 188
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NewsJohn Lewis weekly sales pass £100m
John Lewis sales passed £100m for the week ending Saturday December 4, up 1.2% year on year, despite poor weather conditions.
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NewsRetailers face shortages as ports forced to shut in severe weather
High street retailers face Christmas shortages of toys, clothing, electrical goods and furniture after the snow caused several of the UK’s largest ports.
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NewsFears for discretionary spending strike shares
The festive season may be in full swing but it is worries about next year that are hitting general retail shares, which underperformed the market this week.
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NewsJohn Lewis reports flat week so far, with sales hit by snow
John Lewis has reported flat sales from Sunday to Wednesday compared with last year, as the snow impacted footfall and sales.
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Couche-Tard Q3 revenue up 5.6% to £961m
Convenience store chain Couche-Tard posted a 5.6% rise in revenues excluding fuel to $1.5bn (£961m) for the second quarter ended October 10. Like-for-like sales were up 4.9% in the US and 1.6% in Canada. Net earnings grew 19.7% to $105.6m (£68m). President and chief executive Alain Bouchard said: “The economic ...
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NewsHalfords trials selling salt
Car accessories and bikes retailer Halfords is trialling selling salt as the big freeze sets in.
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NewsLondon's West End retailers score £250m weekend sales
Retailers in London reported a bumper start to the festive shopping season with shoppers splashing out more than £250m in the West End over the weekend.
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NewsJohn Lewis records weekly sales of £100m
John Lewis sales for the week ending Saturday November 27 were just shy of £100m, showing shoppers were not deterred by the snowfall across the country.
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NewsJohn Lewis plans spas to create in-store theatre
Department store chain to open beauty spas and hairdressers in bid to differentiate itself
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NewsBroker sees big potential in WHSmith
Bookseller and stationer WHSmith is undervalued and deserves to be classed alongside retailers such as Next, SuperGroup and Dunelm Mill, broker Oriel believes.
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NewsHomewares and cooking bestsellers this Christmas at Hub
Variety store group Hub expects homewares and cooking to be bestsellers this Christmas.
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NewsRetail sales rise in November
Year-on-year retail sales were higher in November for the fifth consecutive month according to the CBI’s Distributive Trades survey.
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Target Q3 sales up 3% to £9.5bn
Discount superstore operator Target has reported its financial results for the third quarter ended October 30. Retail sales increased 3% to $15.2bn (£9.5bn), from $14.8bn (£9.2bn) in 2009, due to a 1.6% increase in like-for-like sales combined with the contribution from new stores. EBIT for the retail segment came in ...
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Sears Holdings records £136m loss
Department store retailer Sears Holdings recorded a loss of $218m (£136m) for the three months ended October 30, from $127m (£80m) during the prior-year period. Sales declined 4.9% to $9.7bn (£6bn), primarily as a result of a 4.8% decrease in domestic like-for-like sales.The retailer said that results were hurt by ...
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Falabella Q3 profit rockets 236.8%
Falabella has reported net profit of CLP81.9bn (£102m) for its third quarter, 236.8% above the figure for the same period last year.Revenues for the period rose by 21.6% to CLP1.08trn (£1.3bn). The company opened five supermarkets during the period, one in Chile and four in Peru. In Peru Falabella also ...
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X5 Retail Group launches provincial format under Pyaterochka-Maxi
X5 Retail Group has launched a new small town/provincial format operating under the Pyaterochka-Maxi banner in its domestic market. The first store opened at the Avtobus shopping centre in Syzran, in the Samara region.Pyaterochka-Maxi is a superstore-sized warehouse club with a sales area of 38,000 sq ft. It offers 7,000 ...
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Woolworths profit to rise between 8% and 11% in 2011
At its AGM, Woolworths chief executive Michael Luscombe said the company had experienced an extraordinary couple of years and profit would remain on course to rise between 8% and 11% in the 2011 financial year. Luscombe spoke of how Woolworths was preparing for its entry into the home improvement business ...
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NewsHobbyCraft annual profits double
Arts and crafts retailer HobbyCraft profits almost doubled in the year to February 21.
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NewsClinton Cards "well prepared" for Christmas despite sales fall
Greetings cards retailer Clinton Cards group like-for-likes fell 3% in the 16 weeks to November 21.
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NewsMarks & Spencer celebrates achievement of 70 Plan A targets
Marks & Spencer has now achieved 70 of its 180 Plan A sustainability targets and expects to complete another 20 by April 2011.