George MacDonald is executive editor of Retail Week.
He has worked on the title since 1998, originally starting as a reporter, and covered sectors ranging from food to department stores.
He is in day-to-day charge of Retail Week’s editorial content online and in print. He writes a weekly City column and blogs.
George has interviewed many of the biggest names in retail and is often asked to comment in the wider media on the latest industry developments.
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Primark will make higher profits than anticipated this year after tight management of stock and markdowns.
Retail industry trade bodies the BRC and Revo have called for urgent reform of the business rates system as Bill Grimsey’s second high street review was published.
In Wood Green, my local shopping centre, what was the BHS is now a Poundworld – and like BHS, it’s also destined for closure after collapsing into administration.
Sainsbury’s like-for-like growth edged up 0.2% in the first quarter as the grocer ploughed £150m into lowering prices.
Asda chief financial officer Alex Russo is leaving the Walmart-owned grocer to take up the same role at variety store group Wilko.
Poundworld founder Chris Edwards, who wants to buy back the retailer, has accused administrator Deloitte of making a rescue deal more difficult by “wasting time”.
Direct-to-consumer mattress specialist Eve Sleep’s founder and chief executive Jas Bagniewski has left the business with immediate effect.
Value variety store group Poundland has reported a rise in first-half like-for-like sales.
Amazon is to acquire US online pharmacy PillPack in a deal likely to rock the healthcare sector.
John Lewis Partnership warned this week that its profits for the first half of the year will be “close to zero”, while outlining its new vision. We discuss what it means for JLP and the retail industry as a whole.
2018, and the many retailer collapses that it has brought, is not the end of the revolution engulfing retail. It may only be the start.
Having won approval for one of the most controversial CVAs of recent times, it’s now up to House of Fraser to create value from the restructuring.
Where once a retail deal might have meant a merger or acquisition, the focus now is increasingly on partnerships – especially with technology companies.