All General merchandise articles – Page 181
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News
Walmart launches new double-decker store
Walmart has launched a new double-decker store concept in Dallas, Texas, featuring a Walmart store on the top floor and Sam’s Club below. The store has been designed to save Walmart money by maximising the use of the land being used, while offering customers the convenience of a one-stop shop. ...
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NewsDownturn finds H&T enjoying expansion
Pawnbroker H&T has given the green light to store expansion after its half-year profits jumped.
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NewsNew marketing director outlines plans to transform Clintons brand
Clintons’ new marketing boss has outlined a strategy to transform the greetings card retailer’s brand that could include party organising and Red Letter Day-type offers.
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NewsHome Retail shares dip as broker sounds alarm
Shares in Argos-owner Home Retail took a hit as broker Seymour Pierce switched its stance from hold to sell and argued a restructuring of the catalogue store business was likely.
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NewsCountrywide seeks acquisitions as sales rise
Rural specialist Countrywide is on the look-out for acquisitions after maintaining retail profitability and increasing sales last year.
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NewsFunky Pigeon trial stores open
WHSmith has opened its first three Funky Pigeon shops, selling stationery and greetings cards.
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News
Dollar Tree reports second quarter results
Discount chain Dollar Tree has reported its results for the second quarter ended July 30. Consolidated net sales increased 11.9% to $1.54bn (£935m) compared with the previous year, while like-for-like sales increased 4.7%. Based on estimated comparable sales growth, Dollar Tree anticipated third quarter sales to range between $1.56bn (£947m) ...
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News99p Stores to launch in Ireland with €uro 50 Stores format
99p Stores is to launch in Ireland next month adopting a price-capped business model and trading as €uro 50 Stores.
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NewsBusinesses set up further High Street Fund for riot hit retailers
A further nationwide High Street Fund has been set up to help small business affected by the riots that hit England this month.
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NewsWHSmith full year to be in line with expectations
WHSmith said that it expects full year figures to be in line with market expectations.
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News
Couche-Tard signs agreement to acquire 33 stores
Retailer Couche-Tard has signed an agreement through its Circle K subsidiary to acquire 33 stores in southern Louisiana from ExxonMobil’s On the Run banner. The deal is likely to close in December. Sites will be converted to the Circle K brand while continuing to sell Mobil-branded fuel. Jason Broussard, vice-president ...
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News
Walmart to reorganise its ecommerce business
Walmart is to reorganise its ecommerce business in several key markets. It has disclosed the departure of two senior online executives as part of a strategy to better integrate online retailing with local bricks and mortar operations.Raul Vazquez, who was in charge of ecommerce initiatives in developed markets, including the ...
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NewsRetail bearing up but grocery volumes weak
Although retailers bore the brunt of last week’s riots, the sector kept its head above water despite lagging the All-share index.
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NewsPoundworld’s credit insurance pulled despite 500% profit rise
Discount chain highlights continued performance and supplier support as Euler Hermes stops cover
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NewsM&S names partner to build multichannel platform
Marks & Spencer has appointed technology firm SapientNitro to create its own multichannel platform as it bids to increase multichannel sales to between £800 and £1bn by 2014.
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NewsWilkinson launches upmarket own-brand
Wilkinson is launching an upmarket own-brand range including more than 100 home and kitchenware products as it seeks to appeal to quality conscious customer.
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NewsAsda accuses WHSmith of 'ripping off' back-to-school shoppers
Asda has accused WHSmith of “rip-off” stationery prices as the battle for back-to-school sales heats up.
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NewsLondon footfall slumps amid riots
Footfall slumped in London last week as people stayed away from the high street to avoid the riots and retailers shut up shops.
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News
Walmart hires investment bank to advise on potential takeover
Walmart has hired investment bank UBS to advise on a potential takeover of Carrefour’s Brazilian subsidiaries, according to reports.Both Walmart and Carrefour have remained tight-lipped about the rumoured takeover, but it is understood that Walmart is assembling a team of expert advisers prior to making a bid.Talk of a takeover ...
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NewsPoundworld invests in staff wellbeing after Undercover Boss TV show
Single price point retailer Poundworld is investing almost £500,000 in staff wellbeing initiatives after it appeared on Channel 4’s Undercover Boss series last week.