All General merchandise articles – Page 189
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NewsMothercare to cut toy prices at ELC
Mothercare is to reduce toy prices to 2008 levels across its Early Learning Centre business to compete in the “uncertain and challenging” UK market.
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NewsIn Focus: Amazon
Updating Retail Week Knowledge Bank’s profile of Amazon UK presents more problems than most. Why? Because Amazon does not have a UK corporate entity reporting its financials.
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NewsTesco to take on Amazon with online marketplace
Grocer readies attack on etail giants with its own take on an online marketplace
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Kohl's and Macy's records flat Q3 profits
Department store retailers Kohl’s and Macy’s have reported their third-quarter results for the period ended 30 October. Kohl’s reported its net profit for the third quarter was flat at $194m (£120.3m), compared with $193m (£119.7m) a year ago. Net sales for the quarter were $4.2bn (£2.6bn), an increase of ...
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Exito works with Dunnhumby to better understand customer behaviour
Casino-owned Colombian retailer Exito has announced that it is working with Dunnhumby to better understand consumer behaviour in its stores. The Tesco-owned market research company will be working with the information generated by the Puntos Éxito and SuperCliente Carulla-Pomona loyalty cards.
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Shoppers Stop turnover soars 23%
Variety retailer Shoppers Stop posted a 23% jump in retail turnover to INR5.08bn (£70.5m) for the quarter ended September 30. Net profit soared 44% to INR174m (£2.4m).
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The Warehouse Group Q1 sales fall 0.2%
The Warehouse Group has reported flat first-quarter results with a 0.2% decrease in net sales for the three months to October 31, down to NZD362.3m (£173.8m).
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NewsHalfords profits up, like-for-likes fall
Halfords has reported pre-tax profit up 12.8% to £68.7m, but like-for-likes suffered, falling 4.9%.
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NewsSimon Burke to become chairman of HobbyCraft
Simon Burke, executive chairman of Irish grocer Superquinn, is to become chairman of private equity-backed HobbyCraft in December.
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NewsAsda first to market with Kate and Wills merchandise
Grocery and general merchandise giant Asda will become one of the first retailers – and maybe the first – to sell royal wedding merchandise when a £5 mug goes on sale tomorrow.
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NewsM&S and JS profits fail to boost retail shares
Food and general retailers both underperformed the market, despite profit advances reported by Marks & Spencer and Sainsbury’s.
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NewsBolland’s plan for M&S can restore £1bn profit
Bolland outlines aim to exploit the brand, develop multichannel and up overseas growth
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Pantaloon Retail to add 15m sq ft of retail space by 2014
India-based Pantaloon Retail has announced plans to invest INR2,100 crore (£280.1m) over the next three years on expansion. Speaking to investors at the company’s AGM, chief executive Kishore Biyani said that the funds would be used to add 15 million sq ft of retail space by 2014. “The funds will ...
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NewsJohn Lewis Christmas ad focuses on emotions
Department store chain John Lewis is focusing on customers “who care about showing they care” in its new Christmas campaign. The ad will launch during this Saturday’s episode of The X-Factor.
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NewsConsumer confidence falls over job fears
An increase in the number of people fearing for their jobs has driven a fall in consumer confidence, according to the latest Consumer Confidence Survey from Nielsen and the British Retail Consortium.
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NewsBullish outlook for retail despite jitters
General retailers were down over the week while their food counterparts were up - both underperformed a flattish market.
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NewsWilkinson boosts its own-brand offer by introducing food lines
Variety chain Wilkinson has launched its first range of own-brand food products.
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NewsAlworths continues to grow after first year
Alworths, the variety store that sprung from the ashes of Woolworths, enjoyed a record week last week as it hits its first year anniversary today.
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NewsValue chain in push to add customers
Value retailer The Original Factory Shop is looking to raise awareness of its stores and product offering with the launch of its first TV campaign and a transactional website.
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OfficeMax Q3 sales drop 1% to £1.2bn
OfficeMax reported total company sales for the third quarter ended September 25 decreased 1% to $1.81bn (£1.2bn). However, pre-tax profit was $33m (£21m), compared with $17m (£11m) in the third quarter of 2009. For the full year, OfficeMax said it expected total company sales to be slightly lower than fiscal ...