All articles by George MacDonald – Page 11
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News
John Lewis reports soaring sales of coronation merchandise
Sales of coronation memorabilia have rocketed at department store group John Lewis as the royal event approaches.
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News
Card Factory profits leap as shoppers return to stores
Card Factory has reported a surge in full-year profits as customers returned to stores and it had a strong Christmas.
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News
Superdry launches £12m fundraising to strengthen balance sheet
Fashion retailer Superdry has formally unveiled an equity raise to bolster its balance sheet as it pursues a turnaround programme.
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Opinion
‘AI scare stories abound but retailers need to get in on the act now’
The rise of AI has been one of the biggest stories of the year so far, prompting excitement about its potential and fears about possible malign effects in equal measure.
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News
TJX’s Greenlees wins World Retail Congress Woman of the Year
Louise Greenlees, TK Maxx owner TJX’s group president, was named Woman of the Year at the World Retail Congress in Barcelona.
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News
Amazon beats expectations with latest results
Amazon did better than expected in its first quarter when sales and income climbed despite flat ecommerce sales.
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News
John Lewis chair White: ‘External investment would not be about end of partnership – far from it’
John Lewis chair Dame Sharon White has maintained that any external investment that may be brought in will not signal the end of the partnership, but will be a testament to the appeal of its co-owned model.
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News
Exclusive: Ex-Asda boss Clarke stages Farmison rescue deal
A consortium led by former Asda chief executive Andy Clarke has bought online grocer Farmison out of administration and is aiming to rebuild the business.
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Opinion
‘Shoppers are unlikely to feel giddy with delight when inflation falls to “only” 9%’
A fall in the rate of inflation this week proved more insipid than had been hoped for, but had it been bigger there would hardly have been cause for breaking out the champagne.
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News
John Lewis bids to win kidswear market share with expanded range
John Lewis hopes to seize a bigger share of the children’s clothing market with the launch of an expanded collection, including debut ranges from its new director of design for fashion, Queralt Ferrer.
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Opinion
‘As Walmart automates, people still come first in retail’
Retail giant Walmart has unveiled what it described as building blocks that will “help define the next chapter of retail”.
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News
Marks & Spencer extends price lock as shoppers prioritise value
Marks & Spencer is extending its price lock campaign as demand for value for money remains “top of the list” for shoppers.
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Opinion
‘As Shein ponders IPO, is the “next Shein” already coming up the inside track?’
A Shein IPO would be testament to a retailer built at warp speed to gargantuan scale, but in current conditions investors may question how strong its prospects are as established digital giants retrench and new competitors emerge.
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Analysis
Retail Week Award for Lifetime Achievement: Jacqueline Gold
This year we have made a very special, one-off award to commemorate and celebrate the life of Jacqueline Gold.
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Analysis
Retail Week Awards 2023: The winners
Retail Week’s annual celebration of UK retail at the top of its game.
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Analysis
Retail Week Live 2023: Lessons from the next generation of retailers and consumers
Reporting by Ritika Bhoora, Ellis Hawthorne, George MacDonald, Megan Robinson, Hugh Radojev
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Analysis
Lord Wolfson poses ‘the big question’ for Next’s long-term future
Next chief executive Lord Wolfson this week asked the provocative question of whether the business should now be seen as mature or if it still has strong growth prospects. Here are the takeaways from the bellwether retailer’s full-year results
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News
Updated: Next bolsters brand portfolio with swoop on Cath Kidston
Fashion giant Next has added to its stable of brands with the acquisition of Cath Kidston for £8.5m.
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News
Ocado sales and customer numbers rise but basket size falls
Online grocer Ocado Retail reported being “on track to restore sales momentum” after revenues climbed in its first quarter.
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Data
Retail sales rise by value but volume falls
Retail sales climbed by value but fell by volume in February, official data has shown.