All General merchandise articles – Page 27
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NewsTK Maxx owner quarterly sales and profits climb
TK Maxx’s parent company TJX has posted an uplift in second-quarter sales and income despite a decline in profit margin.
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NewsPoundland owner prepares for sale or float
Poundland owner Pepkor Europe is understood to be mulling a €4bn (£3.6bn) sale or flotation next month.
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CartoonRetail cartoon: Poundland – what’s in a name?
Patrick Blower’s take on Poundland’s name-defying new pricing strategy.
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NewsPoundland pilots move from single price to ‘simple’ price
Variety store group Poundland is to pilot prices below £1 for the first time, along with higher price points to deliver “even more amazing value” for shoppers
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NewsCard Factory posts sales rise despite tough trading conditions
Greetings card specialist Card Factory has reported a rise in first-half sales and expects to meet full-year profit forecasts.
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NewsFlying Tiger calls time on store openings after profits hit
Flying Tiger Copenhagen has halted UK store openings after a plunge in profits.
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AnalysisAnalysis: How Pets at Home is becoming Amazon-proof
After posting its 10th consecutive quarter of like-for-like growth, Pets at Home boss Peter Pritchard tells Retail Week how the business is holding off the onslaught of online rivals.
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NewsAgenda: Farfetch and BRC-KPMG retail sales figures
Retail Week looks ahead to the next seven days with updates from Farfetch and the latest BRC retail sales figures on the agenda.
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AnalysisAnalysis: The weird and wonderful world of Wish.com
Great search functionality? Not really. Big-name brands? Not so many, although growing. Speed-of-light fulfilment? Definitely not. Why exactly is Wish.com the most downloaded app in the world?
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NewsJohn Lewis sales impacted by heatwave
John Lewis Partnership’s total weekly sales were impacted by last week’s “extreme” weather conditions.
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NewsAgenda: Next, Pets at Home and Travis Perkins update
Retail Week looks ahead to the next seven days with updates from Next, Pets at Home, Travis Perkins, Hammerson and Intu all on the agenda.
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NewsFindel makes ‘solid start to the year’ ahead of AGM
Findel has said it has made a “solid start to the year” and its full-year financial guidance remains unchanged, ahead of its AGM this afternoon.
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NewsB&M posts ‘record-breaking’ sales
B&M has posted increased sales during its first quarter which boss Simon Arora hailed as its “third consecutive record Easter trading period”.
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NewsCard Factory appoints former Tesco director as CCO
Card Factory has recruited a new chief commercial officer following the recent exit of executive commercial director Lousie Hoste.
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AnalysisHow has Liberty written a department store success story?
Liberty has had its controlling stake owned by BlueGem sold for £300m – a significant mark up from its £32m acquisition of the business in 2010. Retail Week looks at what has made the luxury department store a success story and how it continues to brace itself against the backdrop of retail uncertainty.
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NewsLego to open two new UK stores this year
Lego is set to open two new stores in the UK this year, both at flagship shopping centres owned by Hammerson.
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NewsPoundland owner sales rise as chain ‘outperforms’ high street
Pepkor Europe, owner of businesses including Poundland in the UK, has seen profits and revenue rise during the first half of its financial year.
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NewsM&S clothing boss Jill McDonald exits
Marks & Spencer fashion boss Jill McDonald is leaving the business, less than two years after joining from Halfords.
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AnalysisAnalysis: Is a Halloween Brexit retail’s worst nightmare?
As the two remaining candidates for the Conservative Party leadership both pledge to leave the EU on October 31 come what may, retailers are growing increasingly anxious about the Halloween deadline.
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NewsMoonpig owner Photobox to cull over 5% of jobs
Photobox Group is streamlining its brands and putting 42 roles at risk of redundancy as it reorganises its personalised gifting businesses under two separate arms, Retail Week can reveal.