All General merchandise articles – Page 196
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AnalysisBrands: If at first you don’t succeed, try, try, try again
Joining the ranks of high street failures such as Zavvi and Woolworths, high-profile retail casualty of the recession MFI is being resurrected as an online brand. But can failed or struggling brands successfully put their tattered reputations behind them and regain trust
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NewsHalfords hit by more supply chain woes
Halfords is facing further disruption due to problems at its new distribution centre, which will likely have an effect on second quarter sales, according to one analyst.
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NewsMarks & Spencer to open in Egypt
Marks & Spencer is to open its first store in Egypt within the next year.
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NewsHalfords new DC causes supply troubles
Halfords’ new distribution centre has disrupted supply to stores, according to the Daily Mail.
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NewsM&S shareholder gives thumbs-up to Robert Swannell’s appointment
Marks & Spencer’s largest shareholder has welcomed the appointment of its new chairman Robert Swannell.
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NewsNearly half of Woolworths’ stores still empty
Almost two years after Woolworths’ collapse, 40% of the variety group’s stores remain empty.
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NewsFirebox extends offer with same day delivery
Gifts etailer Firebox.com has become the latest to extend its delivery options by offering same day delivery within the M25.
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News
Card retailer Thoughts in pre-pack deal
Greetings cards retailer Thoughts has been bought in a pre-pack administration deal after it collapsed due to an absence of banking facilities.
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NewsB&M Bargains and Poundland homing in on out-of-town stores
Value retailers are extending their rivalry from the high street to out of town as B&M Bargains launches a home format and Poundland targets retail parks. Family Bargains, the fledgling sister chain of 99p Stores, is also looking out of town.
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NewsPoundland profits rocket as like-for-likes slow
Single price point retailer Poundland operating profit rocketed 81.5% to of £21.5m in the year to March 28.
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NewsB&M Bargains completes Opus Homewares deal for £48m
Value group B&M Bargains has completed the acquisition of Opus Homewares for £48m, extending its presence north of the border and in Northern Ireland.
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NewsMoonpig profits soar
The largest shareholders of online card retailer Moonpig have shared a dividend of almost £5m after full year profits rose 67%.
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News
OfficeMax Q2 sales decline
Stationery specialist OfficeMax reported a 0.3% decline in sales to $1.7bn (£1.1bn) for its second quarter ending June 26. Its retail segment experienced a 0.5% fall in sales to $773m (£484m). Like-for-like sales were down by 0.3%.OfficeMax chairman and chief executive Sam Duncan said: “Based on our performance in the ...
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NewsPets at Home poaches Wilkinson head of buying Peter Pritchard
Pets at Home has hired Wilkinson’s head of buying Peter Pritchard as its new trading director.
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NewsB&M Bargains threats spark value sector fury
Variety retailer irks competitors with ultimatum to suppliers for exclusivity deals
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NewsGrocery shares climb defies watchdog news
Food and general retailers alike edged up ahead of the market as the dog days of August got under way. Each continues to lag the All Share index over the year, however.
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NewsArgos trials same-day delivery service
Argos is trialling a same-day delivery service in London which will allow customers the option of having their reserved item couriered in as little as 90 minutes.
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AnalysisSteven Round
He may have bought Robert Dyas back from the brink but the hardware chain boss tells Nicola Harrison why he’s more than just a turnaround specialist
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NewsHub puts EPoS system in place to aid expansion
Variety store Hub, set up by Poundland co-founder Dave Dodd, has implemented an EPoS system that will support its expansion.