All General merchandise articles – Page 9
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NewsGMB seeks ‘urgent meeting’ with business secretary regarding Wilko administrators
The GMB union is reportedly seeking an “urgent meeting” with business secretary Kemi Badenoch to confirm that Wilko administrator PwC is considering all bids for the collapsed value retailer.
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NewsClintons to close 38 stores as restructuring plan approved
Clintons will close 38 stores after an insolvency court approved a restructuring plan to avoid a complete collapse of the business, the Evening Standard has reported.
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NewsHMV owner Putman makes last-minute offer for Wilko
HMV owner Doug Putman has made a last-ditch offer to save troubled retailer Wilko after the company fell into administration.
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NewsPoundland and B&M circle 150 collapsed Wilko stores
Poundland owner Pepco Group and B&M European Value Retail, which trades as B&M, are reportedly in talks to acquire around 150 of Wilko’s stores, following failed attempts to find a buyer for the whole group.
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NewsWilko: jobs to be lost and stores closed as attempts to find buyer fail
Wilko’s administrator has concluded that jobs will be lost and stores will close after it failed to find a buyer for the whole business.
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NewsWilko £48m warehouse sale raises speculation
Wilko sold its flagship depot in a “controversial sale and leaseback deal”, which reportedly indicates the embattled retailer passed up on as much as £40m in a bid to stay afloat.
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News‘Genuine grounds for hope’ on Wilko, GMB union believes
There are “genuine grounds for hope” that a buyer will take over all or part of bust retailer Wilko, according to the GMB trade union.
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NewsWalmart raises profit outlook as US consumers focus on value
US retail giant Walmart raised its profit outlook on Thursday, as stubbornly high prices and customer flight to value saw it grab market share in grocery and general merchandise.
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NewsWilko administrator sets deadline for offers
Wilko administrator PwC has set a deadline for interested parties to submit their first offers to buy the variety value retailer following its announcement of administration last week.
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NewsRyman launches loyalty rewards scheme
Ryman has launched its new Ryman Rewards loyalty scheme offering lower prices and personalised products.
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NewsWilko collapses into administration
Wilko has fallen into administration after failing to secure a rescue deal, but stores will remain open while a buyer is urgently pursued.
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NewsWilko stops home deliveries for online orders
Wilko has pressed pause on home deliveries for orders on its website as it is in the midst of talks for a potential rescue deal.
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AnalysisCan Wilko's flagging fortunes ever be revived?
With news emerging that troubled value retailer Wilko would need £70m investment from a new owner to bring it back to life, we take a look at how it could turn its luck around
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NewsCard Factory upgrades profit expectations
Card Factory has raised earnings expectations after a strong first half.
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NewsWilko would need £70m investment from a new owner
Wilko, which is teetering on the edge of administration, would need investment of £70m from any new owner.
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NewsKmart appoints new brand CEO as it eyes European expansion
Australian retailer Kmart Group is setting its sights on expanding its product development brand Anko into Europe by appointing the first CEO for Anko Global.
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Opinion‘Wilko may look like Woolies 2.0, but it could still have a future’
Wilko may be teetering on the brink of administration, but the retailer is not necessarily destined to go the same way as its general merchandise predecessor, says George MacDonald
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NewsClintons mulls closing 38 stores
Clintons is considering closing 38 stores – approximately one-fifth of its store estate – to avoid insolvency, The Times has reported.
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NewsWilko on brink of administration
Embattled retailer Wilko has filed a notice of intention to appoint administrators after failing to find investment.
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NewsPets at Home customer numbers grow as revenues spike
Pets at Home has reported an increase in “active VIP” customers and a jump in both total and group like-for-like sales.
