All General merchandise articles – Page 203
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NewsArgos to undergo brand revamp
Catalogue store group Argos is to revamp its brand, including its logo, to reflect how the business has changed in recent years.
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NewsClinton to expand store chains after better than expected trading
Greetings cards retailer Clinton Cards is gunning to grow its store base from 876 to 1,200 within six years and has revealed better than expected full-year trading.
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NewsHome Retail Group reveals better than expected first half
Home Retail Group has revealed better than expected trading in the first half as it makes market share advances at both Argos and Homebase.
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NewsClinton Cards reports improvement in second half
Clinton Cards has reported a marked improvement in second half like-for-like sales after reducing borrowings and ditching its loss-making Birthdays business.
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NewsHalfords to increase its online-only range
Halfords is to ramp up its online operations and revealed a 2.2% uplift in second-quarter sales.
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Family Dollar Store profits up
Family Dollar Stores posted a 25% net income increase to $291.3m (£178.2m) for the financial year ending August 29, up on the $233.1m (£142.6m) reported the year earlier. Operating profit, as a percentage of sales, was 6.1% for the period compared with 5.2% last year. Sales were $7.4bn (£4.5bn), a ...
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Danish variety chain Tiger plots UK expansion
Danish variety store group Tiger is embarking on UK expansion and plans to open 20 shops in the next two years.
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NewsM&S to review store estate for digital age
Marks & Spencer is to review its 668-store portfolio as online threatens squeeze on store sales
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NewsTV ads mark HobbyCraft brand shift
Arts and crafts retailer HobbyCraft is staging its first TV ad campaign in three years following a brand “reappraisal” that has also led the retailer to launch its first customer magazine.
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News99p Stores signs ex-Wilkinson boss Gordon Brown as chairman
Value retailer 99p Stores has appointed former Wilkinson boss Gordon Brown as its new chairman.
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X5 Retail Group sales up 24%
Russia’s country’s largest grocery retailer X5 Retail Group reported net retail sales increased 24% year on year in the third quarter to RUB65.7bn (£1.3bn).Like for like sales grew 8% year on year, supported by 7% traffic growth. Customer traffic at its discounter, Pyaterochka, surged 12%, driving like-for-like sales growth of ...
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Walmex Q3 profits jump 18%
Wal-mart’s Mexican subsidiary Walmex’s third-quarter net profit jumped 18% as its low price promotions helped it weather the economic slump.The retailer said it earned MXN3.86bn (£177m) in the period, compared with MXN3.26bn (£149m) a year earlier. Total revenue for the quarter rose 12% to MXN64.59bn (£2.96bn), while EBITDA grew 17% ...
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Maxeda h1 sales flat
Variety retail group Maxeda has posted a 0.1% rise in net sales for the first half of this year. Net sales amounted to e1.6bn (£1.4bn) while same-store sales declined 1.9%.Operating EBITDA for the Netherlands’ largest non-food retailer decreased 3.7% to e100m (£86m). In the first half of the year, Maxeda ...
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NewsWHSmith profits up, but sales slip slightly
WHSmith has reported group pre-tax profit has increased to £81m in its full-year results from £76m the previous year but sales have dipped slightly.
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NewsMothercare reports UK like-for-likes up 4.1%
Mothercare has reported UK like-for-like sales up 4.1% in its first half and remains “confident” for the rest of the year.
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NewsM&S unveils details of website relaunch
Marks & Spencer is to unveil a revamped website tomorrow, as the retailer holds its first investor day in nearly a decade.
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NewsM&S internal candidates to pitch to investors
Marks & Spencer’s internal candidates to succeed Sir Stuart Rose are expected to make presentations to the City tomorrow at the retailer’s first investor day for nearly a decade.
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Analysis
What it’s like to work at Qvc
The inside view from human resources director Frank Robinson.
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NewsPotential Pets at Home IPO whets City appetite
Pets at Home’s possible float next year is likely to generate strong interest from the City, according to analysts.
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Alworths ‘will break even’ in first year
Alworths, the variety chain set up by former Woolworths director Andy Latham, expects to break even in year one of trading.