All General merchandise articles
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GalleryWHSmith opens larger, brighter store in popular London station
WHSmith opened its new, larger and brighter store in London Bridge station in time for Christmas.
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AnalysisWhatâs next for WHSmith as it plans recovery from accounting controversy?
Travel retailer WHSmith posted its delayed results today, revealing that group profit before tax fell from ÂŁ114m to ÂŁ108m and trading profit slipped from ÂŁ170m to ÂŁ159m in the year to August 31
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NewsWHSmith admits âmuch to do to rebuild confidenceâ as profits fall
Travel retail specialist WHSmith has reported a slip in earnings after an accounting controversy in the US that cost its chief executive his job.
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NewsWaterstonesâ owner prepares for potential IPO next year
A flotation is on the cards next year for bookseller Waterstones and its US stablemate Barnes & Noble.
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NewsPoundland details further store closures â full list
Value retailer Poundland has announced the locations of another 14 branches that will be shut.
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NewsTGJones owner explores potential sale of head office and distribution centre
TGJonesâ owner Modella Capital is exploring the possibility of selling the freehold on its Swindon head office and distribution centre in the future, Retail Week can reveal.
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NewsWatchdog considering investigation into WHSmith profit overstatement
The UK accounting regulator is considering whether to launch a formal investigation into PwCâs auditing of WHSmith following a ÂŁ30m profit overstatement in its North American division.
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NewsHobbycraft reports âstrong tradingâ after loss-making year
Specialist retailer Hobbycraft is now in a position to âprosperâ after previously suffering a fall in annual earnings, Retail Week can reveal.
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AnalysisExplainer: What are the implications of WHSmithâs US accounting blunder?
WHSmith chief executive Carl Cowling has resigned after six years at the helm following an investigation into an accounting error at the flagship US business. Retail Week explores the significance of the latest developments
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NewsWHSmith boss resigns following accounting investigation
WHSmith group chief executive Carl Cowling has stepped down from his role after an accounting investigation.
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NewsThe Works âpleased with progressâ despite broadly flat sales
The Works said it was âpleased with the progressâ of its new strategy, despite reporting broadly flat sales growth in the first half.
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NewsKenji secures new funding as it eyes international and store expansion plans
Retailer Kenji has struck a new funding deal with HSBC to support its acquisition of a new warehouse and to push forward with plans to open multiple new high street stores.
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AnalysisSainsburyâs boss Roberts decks the halls with bumper profits as he looks towards Christmas
As Sainsburyâs upgraded its full-year profits to more than ÂŁ1bn, chief executive Simon Roberts spoke about the consumer outlook heading into Christmas, whatâs happening with the future of Argos, and the Budget.
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NewsTemu EU profits more than double as low prices draw customers
Online giant Temuâs EU business more than doubled pre-tax profits last year to almost $120m.
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OpinionâB&M shouldnât throw baby out with bathwater as it downgrades store standardsâ
The back to basics strategy being enacted by B&Mâs new chief executive makes sense but these days that must include store standards, believes George MacDonald
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AnalysisThe Cityâs verdict after B&M goes âback to basicsâ
Yesterday, value retailer B&Mâs new chief executive unveiled a âdecisiveâ plan to get the brand back on track after it issued a profit warning. Hereâs how the City responded to his âback to basicsâ approach.
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NewsTemu accused of paying ânegligibleâ tax in the UK despite âenormous salesâ
Temuâs UK arm has been accused of not paying corporation tax in the UK for two years despite enjoying âenormous salesâ in the region, Retail Week can reveal.
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AnalysisExplainer: Implications of Sainsburyâs surprise on-off Argos sale talks
In the space of a weekend, it was revealed that Sainsburyâs was considering selling its Argos general merchandise division to Chinese colossus JD.com, and then that talks were over. Retail Week examines the implications
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Opinion'WHSmithâs American dream takes on nightmarish hue'
A profit warning from WHSmith after the discovery of accounting problems at its US arm came as a huge shock, but comparisons with Tesco at its lowest point may be overdone, believes Retail Weekâs George MacDonald
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NewsWHSmith issues shock profit warning
WHSmith, which sold off its UK high street arm earlier this year to focus on its travel operations, has revealed a financial review found an overstatement of ÂŁ30m in headline profit in its North American division.