All General merchandise articles – Page 248
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South Korea’s Lotte eyes India and Vietnam
South Korea’s largest retailer, Lotte Shopping, is targeting India and Vietnam as part of its plans to expand in some of the world’s fast-growing economies.
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US retailers lure consumers as first tax rebates come in
Many of the US’s biggest retailers are offering promotional incentives for customers to trade in tax rebate cheques, as the first payments from President Bush’s US$100 billion ( 50.21 billion) tax giveaway arrived in bank accounts and through the post on Monday.
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Home Retail profits climb
Home Retail Group has warned that tough trading conditions are likely to result in like-for-like sales falls at its Argos and Homebase chains.
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Retailers report falling volumes
Retail sales fell markedly year on year in April, as poor weather and the early Easter added to the economic slowdown, according to the CBI today.
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Price-fixing probe hits 100 brands
Some of the UK’s best-known consumer brands face a probe over allegations into price-fixing, as the Office of Fair Trading (OFT) steps up its wide-ranging investigation into the grocery sector.
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Dunelm sales rise
Dunelm has posted strong sales for the 43 weeks to April 26 and its chief executive is bullish about the outlook for the value homewares retailer.
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Instore reduces losses
Variety store group Instore has made a pre-tax loss of 2.3 million in the year to March 1, from a loss of 9.1 million the previous year.
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John Lewis sales power ahead
John Lewis department stores registered a 7 per cent sales rise for the week, despite the unhelpful cold weather.
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T-Mobile appoints new retail director to drive growth
T-Mobile UK has appointed Andrew Coull as director of retail as it eyes further retail growth.
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Sainsbury’s ups non-food with homewares assault
Supermarket chain targets slice of Tesco and Asda’s non-food share with new Tu brand
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Home Retail Group: the City view
The Argos and Homebase owner unveils full-year figures on Wednesday and benchmark profits of 429 million are expected.
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AnalysisBrand of gold
Having a brand that engages consumers on an emotional level is crucial. Charlotte Dennis-Jones finds out which retailers are succeeding
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JC Penney cuts store openings as crunch bites
US mid-market department store chain JC Penney is scaling back its expansion plans this year, as it faces tough trading in an uncertain economic outlook.
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Real boss to unveil revival strategy for flagging chain
The new boss of Metro Group’s Real hypermarket chain was expected to reveal his blueprint for the revival of the hypermarket chain to suppliers this week.
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M&S to make prices in India on par with UK
Marks & Spencer is to bring prices at its Indian stores in line with those in the UK, in an effort to seize share in one of the world’s biggest emerging markets.
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AnalysisDunkirk spirit
The fortitude of M and M Direct’s staff was part of the attraction for ex-Tesco man Steve Robinson. He talks Lisa Berwin through his plans to propel the multichannel retailer’s sales to £200 million
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UK retail sales plummet in March
The volume of retail sales fell 0.4 per cent in March – the biggest decrease since January 2007, according to the Office for National Statistics (ONS).
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Amazon sales rise 37 per cent
Online retailer Amazon has reported first quarter sales up 37 per cent to US$4.1 billion ( 2.08 billion), but warned that changes in global economic conditions could affect profit margins this year.
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GalleryMarks & Spencer – Bournemouth
This is the first fully fledged example of the eco-store format that M&S hopes will help it achieve its Plan A objectives by 2012.
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Pets at Home profits soar
Specialist retailer Pets at Home's profits rose more than 50 per cent in the year to March 27.