All articles by George MacDonald – Page 108
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NewsM&S unveils start-up investment venture
Marks & Spencer has struck a joint venture to discover and develop start-ups in its latest initiative to build its digital operations.
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OpinionHow BHS turned Sir Philip Green from hero to zero
Retail Week executive editor George MacDonald reviews Damaged Goods, Oliver Shah’s new book on Sir Philip Green and the demise of BHS.
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VideoIs talk of Brexit food chaos scaremongering?
The BRC warned Theresa May that a hard Brexit could lead to food rotting at ports and higher prices for shoppers. Is this reality or just scaremongering?
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NewsSuperdry profits rise after ‘strong’ year
Superdry has reported a rise in sales and earnings and said it is confident that growth will continue.
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NewsPrimark profits to beat expectations as sales rise
Primark will make higher profits than anticipated this year after tight management of stock and markdowns.
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NewsBRC warns May and EU of Brexit ‘cliff edge’
The British Retail Consortium has written to Theresa May and EU chief negotiator Michel Barnier warning of dire consequences if frictionless trade is not preserved through a Brexit deal.
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NewsRetail industry associations demand business rates reform
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.
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OpinionForget Westminster, save the high street at local level
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.
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NewsSainsbury’s posts flat first quarter like-for-likes
Sainsbury’s like-for-like growth edged up 0.2% in the first quarter as the grocer ploughed £150m into lowering prices.
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NewsAsda's Russo jumps ship to Wilko, replaced by McWilliam
Asda chief financial officer Alex Russo is leaving the Walmart-owned grocer to take up the same role at variety store group Wilko.
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NewsTime running out to save Poundworld, founder warns
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”.
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NewsEve Sleep founder ousted after 'strategic missteps'
Direct-to-consumer mattress specialist Eve Sleep’s founder and chief executive Jas Bagniewski has left the business with immediate effect.
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NewsPoundland like-for-likes rise despite Steinhoff woes
Value variety store group Poundland has reported a rise in first-half like-for-like sales.
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NewsBrexit barriers to push up cost of food imports
Products from food to fashion will be more costly to import in the event that no deal is struck on Brexit.
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NewsAmazon to shake up health sector with PillPack acquisition
Amazon is to acquire US online pharmacy PillPack in a deal likely to rock the healthcare sector.
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VideoThe Retail Week: What to make of JLP’s zero profit shocker
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.
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NewsHomebase to axe a third of head office staff
Homebase is to cut 300 jobs at its Milton Keynes head office as it begins a turnaround programme following its disastrous ownership under Bunnings.
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OpinionOpinion: John Lewis update is a warning to all in retail
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.
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NewsThe Original Factory Shop tables CVA proposal
The Original Factory Shop (TOFS) has become the latest retailer to launch a CVA amid harsh retail conditions, Retail Week can reveal.
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OpinionOpinion: Retailers must wake up and smell the coffee on values
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.