All General merchandise articles – Page 12
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AnalysisAnalysis: What are the implications for retail as sterling takes a pounding?
The new government’s mini-budget last week proved to be anything but. Indeed, it was so dramatic that it has spooked financial markets and sent the pound to record lows against the dollar.
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NewsBoohoo cancels orders and Wilko delays payments amid tough trading conditions
Online fashion specialist Boohoo has cancelled orders and variety store group Wilko is delaying supplier payments as disrupted trading conditions take a toll.
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InterviewInterview: Poundland’s Barry Williams on Christmas, cost of living and gunning for the grocers
Retail Week sits down with Poundland boss Barry Williams to discuss the challenges and opportunities presented by the cost-of-living crisis, the retailer’s growing focus on new categories and building a profitable online business from a standing start
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NewsMoonpig goes back to basics to navigate cost of living crisis
Moonpig has said it will focus on greeting cards and has left its full year guidance unchanged as it seeks to navigate the current cost of living crisis.
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NewsJohn Lewis, Primark, Aldi to shut stores all day for Queen’s funeral, others likely to follow
Leading retailers will close stores for the day on September 19 when Queen Elizabeth II’s funeral will be held
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NewsWHSmith hails ‘strong’ trading as travel retail rebounds
WHSmith has posted a surge in sales as the performance of its travel division outstripped pre-Covid levels.
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AnalysisAnalysis: Five things you need to know about value giant Poundland
Despite rolling out a multi-price strategy, Poundland is leaning back into its eponymous £1 price point as the cost-of-living crisis mounts for customers. But how is the retailer equipped to handle declining consumer spend and confidence as a recession looms?
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NewsShop prices hit record high as retail urges new prime minister to ease cost burden
Shop prices have hit a new record high as retailers struggle to shoulder the burden of mounting cost pressures.
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NewsPets at Home sales rise driven by loyalty scheme and subscriptions
Pets at Home has posted an uplift in sales as it continues to attract new customers to its loyalty and subscription propositions.
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DataWalmart issues profit warning as costs soar and inflation bites
US retail giant Walmart has warned on profits for the second time this year, as soaring inflation curbed customer spending
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Opinion‘As Britain burns, it’s time for retailers to turn up the heat on the climate crisis’
Record-breaking temperatures and wildfires in suburbia this week must prove the catalyst for retailers to genuinely prioritise the planet over profit, writes Retail Week editor Luke Tugby
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AnalysisDeep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?
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AnalysisFive ways to adapt to changing consumer behaviour amid cost-of-living crisis
Retail veteran Peter Williams and executives from Pandora, Bookshop.org and REN Clean Skincare reveal how they are witnessing spending habits shift – and what this means for their strategies – ahead of appearing at Consumer Week
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NewsPoundland owner Pepco’s sales soar as it increases store expansion plans
Pepco has upped its store expansion goals for the year to drive further growth.
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Report StoreThe Christmas Forecast 2022
Exclusive data reveals how retail sales will fare this Christmas
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AnalysisAnalysis: Five things you need to know about Halfords
Diversifying with the savvy of a start-up, motoring and cycling specialist Halfords is applying its expertise to needs-based revenue streams, positioning itself to remain resilient as households feel the pinch.
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AnalysisAnalysis: Sainsbury’s boss Roberts’ key takeaways on inflation, suppliers and staff pay
Sainsbury’s chief executive Simon Roberts faced questions on everything from inflation and supplier relationships, to staff pay and Argos’ ongoing underperformance as he presented details of first-quarter trading to the media this week.
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NewsHobbycraft expands store estate as profits rise
Hobbycraft will open three new stores this year after reporting an uplift in profits.
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AnalysisAnalysis: Five things you need to know about value giant B&M
Value giant B&M has reported a group revenue fall of 2.2% in its latest quarter, but there was also ”an improving trend” over the period.
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AnalysisAnalysis: Basket sizes shrink and customers trade down at Tesco as cost-of-living crisis worsens
While Tesco delivered a steady set of first-quarter results, boss Ken Murphy is braced for worse to come this year as he outlined changing customer behaviour in response to soaring costs.