All General merchandise articles – Page 223
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Big loss for Arcandor as Karstadt costs soar
Arcandor has revealed full-year net losses of 745.7 million ( 663.7 million), as restructuring and tough trading at its department store chain Karstadt continued to pull down the German group’s earnings.
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John Lewis sales continue to rise
John Lewis said its sales have continued to gain momentum in the run-up to Christmas as it revealed its top sellers in the trading days from Sunday December 14 to Wednesday December 17.
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City waits with bated breath as Christmas hangs in the balance
Goodwill towards retailers was in short supply as the countdown to Christmas became increasingly nervy.
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Casino's Cdiscount launches in the UK
French grocery giant Casino has launched its discount e-tail site Cdiscount in the UK, as exclusively predicted by Retail Week earlier this year.
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Retail sales volume up 0.3 per cent
Retail sales volume rose by an unexpected 0.3 per cent between October and November, according to the Office for National Statistics (ONS).
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NewsAngela Spindler takes lead at Original Factory Shop
Former Debenhams managing director Angela Spindler has been appointed chief executive of Original Factory Shop, the private equity-backed value department store group.
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Woolworths stores empire to close in January but interest continues
Woolworths’ 807 stores will be shut by January 5 but hopes remain that a buyer of the brand may be found.
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Carrefour warns on profits
International retail giant Carrefour has issued a profits warning after trading wilted, particularly in Europe.
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Sir Geoff Mulcahy brands Woolworths closure 'disgraceful'
Former Woolworths boss and British Retail Consortium chairman Sir Geoff Mulcahy has said that Woolworths could have been saved and has branded Deloitte's decision to close the chain 'disgraceful'.
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Argos launches biggest ever Christmas Sale
Argos has become the latest retailer to offer unprecedented discounting in the run-up to Christmas, launching a half-price Sale that the retailer said was its biggest ever.
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All Woolworths stores to close by January 5
Updated: All Woolworths stores are to close by January 5.
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John Lewis to push web merchandising
John Lewis’s online arm has selected a web merchandising system from Omniture to help it ramp up its sales.
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Marks & Spencer sales have slumped
Updated: Marks & Spencer’s sales fell of a cliff last week as core categories slumped by as much as 30 per cent, it is understood.
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Tesco to open raft of stores on Boxing Day
Tesco is to open nearly 200 of its stores on Boxing Day this year as it fights for its share of spend in the worsening economic downturn.
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Debenhams to launch 50%-off five-day Sale
Debenhams is to spark a final burst of discounting on the high street in the crucial week before Christmas, with discounts of up to 50 per cent over five days.
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Printemps evacuated after bomb threat
Parisian department store Printemps had to be evacuated today after explosives were found in the famous shop.
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Debenhams to open first store in Iran
Debenhams is to open Iran’s first ever department store in the country’s capital, Tehran.
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Kingfisher demands monthly rents for all retailers
Kingfisher, owner of the B&Q DIY chain, will this week ask landlords to offer monthly rental deals to all retailers - not just those in trouble.
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John Lewis posts record technology sales
John Lewis has continued to gain sales momentum after notching up a record week for its technology products.
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Discounts fail to lift sales in London in November
Sales in London took a hit in November as discounts and promotions across retail stores failed to tempt shoppers to spend.