All General merchandise articles – Page 182
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NewsWilkinson profits hit by rising costs, VAT hike and exchange rates
Wilkinson pre-tax profits fell from £65m to £61m in the year to January 28 as the value retailer was hit by rising commodity prices, the increase in VAT and fluctuating exchange rates.
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NewsCreditors better protected under new pre-pack rules
Businesses may find it harder to push through controversial pre-pack administrations under a new draft regulation to be unveiled next month.
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Discounter Big Lots reveals revenue fall
Discounter Big Lots has revealed that its second-quarter revenue for stores open at least two years fell 1.5% compared with the prior year. Total for the period rose 1.8% to $1.15bn (£703.4m) not including the acquisition of Liquidation World, made by the retailer last month. Big Lots chief executive Steve ...
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AnalysisTimothy Melgund
Having weathered the collapse of Borders UK, the media-shy Paperchase boss has led from the front and driven the stationery retailer through tricky times. By Nicola Harrison
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NewsFindel turnaround gathers steam with sales rise
Home shopping group Findel reported an encouraging start to its turnaround as group sales rose 1.1% year-on-year.
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NewsBroker pinpoints value in Home Retail
Broker Morgan Stanley has become a buyer of Argos-owner Home Retail for the first time since the business was founded through demerger from GUS in 2006.
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NewsRobert Dyas boss to ‘get back to basics’
Robert Dyas’s new boss is to focus on supply chain, cost control and leveraging customer loyalty as the owner of the hardware and homewares chain looks for an exit.
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NewsConsumers more cash-strapped than ever
British consumers have never felt so strapped for cash as rising utility bills leave little money left over for basic needs.
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NewsTwo further TJ Hughes stores saved by Lewis Home Retail
Two more TJ Hughes stores have been bought out of administration by Lewis’ Home Retail.
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News'Modest' retail sales growth in July, BRC reports
Retail sales edged up 0.6% like-for-like in July, when total revenues advanced 2.5%.
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AnalysisRetail Week On The Road: South East and East Anglia
We visit Norfolk, East Anglia, Kent and Essex
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AnalysisIn-store events in a digital world
In-store events are a good way to draw the crowds. But in today’s digital world, have customers’ expectations of these footfall-driving extravaganzas changed? Alison Clements reports
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Bharti Walmart embarks on first major investment
Bharti Walmart, an equal joint venture between Bharti Enterprises and Walmart, is the first major investment made by the partners together.The partners have issued 120 million new shares from unissued share capital with a face value of INR10 (£130,000) each. Walmart will purchase 60 million shares for INR600m (£8.2m) through ...
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AnalysisPushing the envelope
Card Factory has been one of the unsung retail success stories of recent years. In a rare interview, Nicola Harrison finds out the secrets of its prosperity from chief executive Richard Hayes
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NewsHoF clicks into a new gear
Department store group to take multichannel leap with new format click-and-collect store in Aberdeen
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NewsFlying Brands steadies ship following first-half ‘mistakes’
Home shopping group Flying Brands’ new contract wins have encouraged house broker Singer, despite the retailer plunging into the red after making big business errors in its first half.
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NewsBorders collapse hits Paperchase’s profits
Greetings cards and stationery retailer Paperchase’s profits took a hit last year as it suffered amid the troubles of its former US parent Borders Inc.
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NewsWHSmith potential lies in travel arm
Bookseller and stationer WHSmith is undervalued according to broker Panmure, which reiterated its buy stance on the stock.
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NewsClinton boss to add fresh perspective
Clinton Cards new chief executive will “help galvanise the business to help it achieve greater profitability”, says the retailer’s group managing director Clinton Lewin.