All General merchandise articles – Page 203
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NewsPoundland expansion to target larger stores
Single-price retailer Poundland is to maintain its ambitious store opening programme in 2010 and plans to trade from more larger-format stores after reporting total sales up 34.8% and like-for-like sales up 4.4% for the five weeks to January 3.
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NewsSnow does non-food retailers no favours
Non-food retailers’ trading has been disrupted over the past week by heavy snowfall as staff struggled to get to work and customers avoided venturing out to take advantage of the January Sales.
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NewsHalfords profits to be at top end of forecasts
Motor accessories, cycling and leisure group Halfords will generate full-year profits at the upper end of forecasts ranging between £105m and £112m.
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NewsMothercare continues to grow after strong Christmas
Mothercare said that UK like-for-like sales in its third quarter to January 8 grew 4.2% after a strong Christmas.
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NewsHome Retail Group profits to beat expectations
Argos owner Home Retail Group expects full-year profit to come in £20m ahead of City forecasts at £285m after Christmas trading exceeded management expectations.
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NewsHamleys toasts Christmas cheer
Toy retailer Hamleys has reported record Christmas trading, with like-for-like sales up 11.6% in the six week period to January 2, 2010 compared with the same period the previous year.
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NewsNew funding to bolster international growth at Mamas & Papas
Nursery retailer Mamas & Papas has agreed a new funding package from HSBC which will allow the business to grow its international business.
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NewsPoundland festive like-for-likes up 4.4%
Poundland has reported shoppers’ continued flight to value over Christmas with like-for-like sales from the five weeks to January 3 up 4.4%.
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NewsBrightHouse enjoys strong festive sales
Rent-to-own electricals and furniture retailer BrightHouse has reported a strong Christmas with like-for-like sales up 9% in the 13 weeks to December 24.
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NewsClinton Cards posts 3.5% like-for-like rise over Christmas
Clinton Cards has paid back debt early after generating sales growth over Christmas.
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Walmart to cut costs
Walmart is to launch a drive to cut billions of dollars of costs from its supply chain in 2010 by combining its store purchasing across national frontiers as it attempts to globalise its business, The Financial Times reported.The effort is part of the retailer’s plans to increase the proportion of ...
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NewsAsda ploughs into online greetings card market
Asda has waded into the online personalised greetings card arena in a tie-up with manufacturer Hallmark.
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NewsLuke Johnson mulls bid for HobbyCraft
Entrepreneur and former Borders UK owner Luke Johnson is considering bidding for arts and crafts retailer HobbyCraft after it was put up for sale this week.
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NewsTraditional brands lead sales on eBay
EBay has said that shoppers are sticking with traditional and trusted brands this Christmas, with sales of toy brands such as Lego and Playmobil proving popular with customers.
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NewsCoco de Mer opens New York store
Luxury erotica retailer Coco de Mer has opened a store in New York this week and is seeking more franchisees to open further shops in Europe and Asia Pacific.
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NewsSpar thrives as it grabs slice of Woolworths share
Convenience store group Spar has reported strong second-quarter results, soaking up some of the confectionery share left up for grabs after the collapse of Woolworths.
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NewsPoundland pushes into Northern Ireland
Poundland is ramping up its store expansion programme in Northern Ireland on the back of strong sales since first opening there in October.
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NewsScottish retail sales record worst decline in six months
Scottish retail sales fell 0.6% on a like-for-like basis in November, the worst decline since May.
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NewsHobbyCraft to be put up for sale
Arts and crafts retailer HobbyCraft is to be sold for £70m after it appointed Grant Thornton to consider its strategic options.
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NewsRetailers confident of improving Christmas trade
Retailers are confident that this Christmas will be no worse than last year, according to British Retail Consortium figures.