All General merchandise articles – Page 209
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NewsJohn Lewis to launch Value range
John Lewis is to launch a low-priced ‘Value’ range this week in a bid to compete with the non-food ranges of the supermarkets.
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NewsAcorn Pet Centres collapses into administration
Scottish pets retailer Acorn Pet Centres has fallen into administration.
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NewsFlight to value brings Wilkinson record sales
Value retailer Wilkinson has recorded its highest ever annual sales of £1.45bn, as it capitalises on shoppers’ continued flight to value in the recession.
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Staples announces a 9% increase in sales
Office specialist Staples announced a 9% increase in sales to $5.5bn (£3.37bn) for its second quarter. In North America retail sales decreased 5% to $2bn (£1.23bn).Comparable store sales decreased 5% against 2008, reflecting declines in average order size and weakness in durable categories such as business machines and furniture. Internationally, ...
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NewsThe Entertainer profits slide but Woolworths closures aid recovery
The Entertainer suffered a fall in pre-tax profits from £674,643 to £38,722 in the year to January 31, but the toy chain said it is on course to post record profits in its current financial year as sales soar.
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AnalysisGudjon Reynisson faces the challenge of restoring Hamleys
The former PE teacher is in no doubt about the weight of responsibility he bears in restoring much-loved toy retailer Hamleys to its former glory. Can he succeed, asks Nicola Harrison
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NewsRejected Nisa-Today’s suitor to rally support
Distribution group Bibby Line was expected to make moves to overturn convenience store buying group Nisa Today’s decision to reject its takeover bid last week, as Retail Week went to press.
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NewsSpecsavers revives Postman Pat
Specsavers has revived the much-loved children’s TV character Postman Pat for its latest TV ad campaign to promote its two-for-one offer.
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NewsDiscount store numbers climb by 60%
The number of discount shops such as Poundland and 99p Stores has surged by 60% during the downturn.
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News99p Stores considers sale or float as it maps out rapid expansion
Value specialist 99p Stores is to review its ownership structure, potentially resulting in a sale as early as next summer or a flotation in the next three years.
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NewsHamleys losses soar but sales revival under way
Toy retailer Hamleys’ net losses leapt last year to £7.1m from £2.7m as interest rate charges and restructuring costs ate into the bottom line.
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NewsRyman builds on systems overhaul with web platform
Ryman will replace its web platform before the end of the year as part of a significant overhaul of its internet operation.
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Toy chain to up store portfolio by 50%
Toy chain Conways Toymaster is to increase its store portfolio 50% as it opens eight shops in the run-up to the key Christmas trading period.
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News99p Stores celebrates its 99th opening
Value retailer 99p Stores is commemorating the opening of its 99th store in Ashford, Kent, today with free giveaways and special offers.
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NewsAnalysts bullish on WHSmith’s prospects
Analysts issued a wave of bullish notes on WHSmith’s prospects as the bookseller and stationer approaches its year end next Friday.
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Costco opens first Australian store in Melbourne
US-based warehouse club Costco has opened the doors of its first Australian store.Located in Melbourne, the 155,000 sq ft store attracted more than 1,000 shoppers within the first hour of trading. The store features about 3,600 SKUs comprising groceries, electronics, clothing, DVDs, books and furnishings.Fresh food is predominantly sourced locally, ...
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NewsTesco wages war on WHSmith with back to school campaign
Tesco aims to conquer the ‘back to school’ market with a price comparison campaign against WHSmith.
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NewsPoundland dips toe in contactless payment
Poundland is trialling contactless payment technology at two of its London shops as it seeks to cut queues at its checkouts.
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Office Depot launches flagship store in Kuwait
Office Depot has launched a flagship store at The Avenues Mall, its first in Kuwait. The store covers 9,690 sq ft and offers about 5,000 products and services, including a photocopy, print and ship centre.The store has been opened in partnership with local retailer MH Alshaya and is expected to ...
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NewsWeak property market and good sales prompt HobbyCraft growth
Arts and crafts retailer HobbyCraft is doubling the rate of its store expansion programme on the back of strong sales and a weak property market. The retailer will open at least eight stores in the year to February 2010. Traditionally the retailer has opened just four a year.