All General merchandise articles
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AnalysisHow value retailer B&M aims to bounce back with focus on basics
Low-price retailer B&M may have suffered a fall in full-year profits, but a strategic focus on the basics that originally made it such a success gives grounds for encouragement.
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NewsB&M reports profits fall after âdifficult yearâ
Value retailer B&M has suffered a fall in annual profits but its boss says it has âmoved at paceâ to address problems.
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NewsHome Bargains eyes up heritage brand acquisition
Value retailer Home Bargains is pondering the purchase of famous pottery brand Denby out of administration.
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NewsModella snaps up Flying Tiger Copenhagen
Investor Modella Capital has acquired homewares business Flying Tiger Copenhagen and all 1,100 of its stores across 44 countries.
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NewsTGJones CEO criticises former owner WHSmith for âunder-investmentâ
TGJones chief executive Alex Willson has said his fist impression was âthe huge scale of under-investment over many yearsâ, in an interview with the Financial Times.
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NewsThe Works expects profits to beat expectations following âoutperformanceâ
Books, arts and crafts, and toys retailer The Works has reported that full-year profits will be higher than anticipated as its growth strategy bears fruit.
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InterviewWHSmith UK boss Andrew Harrison on piloting the business through turbulence
Retail Week hears from WHSmith UK boss Andrew Harrison â the man tasked with guiding the business through one of the most turbulent periods in its history.
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NewsTGJones could collapse into insolvency by summer
Modella Capital has told creditors to back its restructuring proposals or risk the business collapsing into insolvency by the end of July, according to restructuring plans seen by Retail Week.
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AnalysisTGJonesâ restructuring plan reveals a businessâ desperate fight for survival
Retail Week has seen the restructuring plan put forward to creditors and landlords by TGJones owner Modella Capital. The details make for grim reading.
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OpinionâAs retailers find life a slog, roll on the World Cupâ
Industry data doesnât make pretty reading. Retailers must take opportunities where they can and make their own luck, says George MacDonald
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AnalysisWhy TGJonesâ impending restructuring has the retail property sector worried
With TGJonesâ long-expected restructuring proposals expected to be put forward soon, financial advisory firms are privately worried that Modella Capitalâs latest attempts at a âcram-downâ could kill the measure off for good
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AnalysisSainsburyâs boss joins chorus of retailers warning on Middle East war impact
While delivering another strong set of results, Sainsburyâs boss Simon Roberts was cautious about the effects of the ongoing war and called on the government to do more to stamp out rising prices.
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NewsWHSmith revenues rise but it warns of Middle East impact on summer travel
WHSmith saw its revenue rise across the business, but it is cautious about the outlook as conflict in the Middle East is set to disrupt summer travel.
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DataRetail Pay Index: How much do the biggest UK retailers pay shopfloor staff?
Explore Retail Weekâs annual index of the shopfloor pay for 80 of the UKâs biggest retailers.
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NewsPoundstretcher seeks rent reductions under restructuring plan
Poundstretcher is looking to slash its property costs under a proposed restructuring plan, which it said has been designed to secure the long-term future of the business.
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NewsThe Works shuts down ecommerce website with immediate effect
The Works has announced that it has shut down its ecommerce site, moving instead to a non-transactional channel with âimmediate effectâ.
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NewsMoonpig anticipates strong full-year performance
Online cards specialist Moonpig has reported âcontinued strong profit performance and cash generationâ.
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NewsJD.comâs Joybuy launches in the UK and Europe
Chinese retail giant JD.com has launched its new online shopping venture Joybuy in the UK and five other European markets.
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AnalysisFashion fears on price and product grow as conflict grounds buying teams
The leaders of UK fashion retailers have told Retail Week the sector may be just a few months away from availability issues with buying and merchandising teams grounded at home and abroad, and are bracing for added price hikes with supply chains left in chaos by the deepening conflict in the Middle East.
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OpinionâWHSmith canât be expected to bail out Modellaâs embattled TGJonesâ
WHSmith has challenges of its own to cope with, and itâs impossible to see why it would divert any focus to the fortunes of its former high street arm. Ultimately, the buck stops with TGJonesâ owner, Modella, observes George MacDonald