All General merchandise articles – Page 23
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NewsThe Works swings to loss amid ‘significant’ coronavirus impact
The Works has swung to a pre-tax loss following the “significant impact” of the coronavirus crisis.
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GalleryStore gallery: WHSmith’s new ‘blended essentials’ Heathrow store
WHSmith’s latest travel retail concept, launched in Heathrow airport’s Terminal 2, features a mix of health and beauty, gifts, books and snacks to create a travel one-stop-shop.
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AnalysisStoreworker 2.0: the new responsibilities for frontline staff
The role of store staff is changing. Covid, new shopping habits and fewer in-store roles have created a wealth of extra responsibilities for shopworkers. Retail Week looks into the skills needed for Storeworker 2.0.
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NewsMothercare finalises its franchise deal with Boots
Struggling retailer Mothercare has announced a franchise deal with Boots that will see its current range of products extended in the health and beauty retailer’s stores.
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AnalysisThe economics of ecommerce: Counting the costs of trading online
As countries went into lockdown when the Covid-19 pandemic hit, ecommerce was the sole channel still open to retailers of products deemed non-essential.
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DataData: The retail sectors capturing footfall since stores reopened
Footfall is slowly returning to retail destinations following the peak of the coronavirus pandemic, but which sectors are capitalising on that traffic and enticing customers into their stores? Springboard data shared exclusively with Retail Week reveals the sectors that are emerging as the winners and losers.
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NewsHamleys chief executive to step down after seven months
Hamleys chief executive David Smith will step down from his role in August, after just seven months with the business.
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NewsEtailer Very’s sales surpass £2bn as new customers double in lockdown
The Very Group has registered a jump in fourth quarter sales and says it is on track to return to full-year profitability in what boss Henry Birch describes as “a really fantastic performance”.
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NewsWHSmith restructuring plans put 1,500 jobs at risk as sales plummet
WHSmith is in consultation with staff over restructuring that could lead to as many as 1,500 redundancies across the entire business.
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NewsHobbycraft full-year profits jump driven by online sales rise
Hobbycraft recorded an adjusted EBITDA of 21.9% from £12.2m to £14.8m in the full year to February 16.
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AnalysisMarketplace melee: Amazon vs eBay vs Shopify – who won in the pandemic?
Retail Week examines the three big marketplaces’ second-quarter results to understand who traded best over the tumultuous coronavirus lockdown period.
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NewsAmazon profits double and sales surge in ‘highly unusual’ quarter
Amazon has doubled its income in its second quarter despite ploughing $4bn into Covid-19-related costs.
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OpinionMove of the Week: People director Nikki Humphrey faces a challenge at JLP
Out of the frying pan and into the fire. This is the obvious conclusion to draw from Nikki Humphrey’s decision to leave Virgin Atlantic to become John Lewis Partnership’s new executive director for people.
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NewsCard Factory sales exceed expectations after store reopenings
Card Factory has suffered a fall in sales but said revenues raked in from its stores since reopening after lockdown have exceeded its expectations.
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Opinion‘The most important thing a CEO can do right now is ask for help’
Retail is going through unprecedented times. Bosses in the sector should swallow their pride and ask for help because there’s plenty of people willing to lend a hand, says former White Stuff boss Sally Bailey.
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OpinionMove of the Week: Wilko’s new CFO will need to hit the ground running
It’s a difficult time for anyone employed in retail, and thoughts are with those who have already lost their job or face an anxious wait to see if it still exists as bosses pick through the wreckage caused by Covid-19.
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NewsPoundland to launch online delivery as part of ‘biggest ever transformation’
Value retailer Poundland is set to launch its first-ever online delivery service and revamp its store estate as part of a new transformation programme.
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NewsHalfords to shut up to 60 stores despite surge in bike sales
Halfords has earmarked 60 of its stores for closures, accelerating its rate of planned closures following the coronavirus pandemic.
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NewsAO.com full-year profits up by half as sales climb
AO.com recorded a strong increase in its full-year profits and sales, but chief executive John Roberts says the retailer “must cement that change” driven by online shopping habits amid the coronavirus pandemic.
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NewsWilko bolsters board with new finance boss
Wilko has appointed former Specsavers finance director Karen Mackay as its new chief financial officer, Retail Week can reveal.