All articles by George MacDonald – Page 122
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NewsConviviality posts surge in sales and profits
Conviviality, the drinks specialist, has reported profit before tax up 147% to £22.5m after a “transformational year”.
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NewsJack Wills back in the black after cutting promotions
Fashion retailer Jack Wills has returned to profit after making efficiencies and cutting promotions.
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NewsGovernment to base business rate rises on CPI inflation
The Government has promised to base future business rates on the CPI measure of inflation, which is expected to benefit many businesses including retailers.
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VideoThe Retail Week: Amazon, M&S, Sports Direct and Game
The Retail Week team discuss the biggest stories from the past week including Amazon Prime Day, M&S’ results and Sports Direct’s latest moves.
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NewsOpinion: Amazon’s Prime Day is changing how people shop
This week consumers were expected to go into overdrive as smartphones were swiped, laptops desperately booted up and orders barked into Echo devices as online Goliath Amazon staged its third Prime Day.
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NewsFootasylum's owners consider selling stake
The owners of specialist retailer Footasylum are considering selling a stake in the business.
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News
Brighthouse eyed by hedge funds in debt for equity deal
US hedge funds are aiming to take control of rent-to-own specialist Brighthouse as the retailer labours under the weight of its debt.
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NewsTopshop Australia stores closed in rescue attempt
Administrators of Topshop’s Australian franchise have shut five of the fashion retailer’s nine standalone stores as they attempt to save the business.
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NewsLidl to double UK store openings to 60 a year
Lidl intends to open another 60 stores per year in the UK and has amassed a £1.5bn war chest to fund the programme.
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AnalysisDunelm trading update: What the analysts say
Homewares specialist Dunelm – which bought etailer Worldstores last November – reported better than expected sales in the fourth quarter, but downgraded profit expectations.
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NewsWHSmith rejigs management to sharpen business focus
WHSmith has restructured its senior management team as it pushes forward with strategic priorities including building its international travel business.
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VideoThe Retail Week: Mike Ashley, Superdrug and Sainsbury's
The team discuss the biggest stories over the last seven days including Mike Ashley’s impact on the image of retail and results from this week.
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News
Booker posts sales rise in first quarter
Booker generated a like-for-like sales rise of 4.2% in its first quarter as its strategy paid off.
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NewsTopps Tiles records sales fall amid weak trading conditions
Topps Tiles’ like-for-like sales slid 4.7% in its third quarter as the trading environment toughened.
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NewsOcado profits fall after investment in distribution centre
Ocado has posted a decline in first-half profits after investing in a new fulfilment centre.
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NewsShop prices on upward trend as inflation kicks in
Food prices climbed last month at the highest rate in more than three years and retail price inflation is expected to pick up in the coming months.
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OpinionOpinion: Retail’s image problem makes you sick
Puking in a fireplace, sleeping under the table during ‘boring’ meetings, mega boozing sessions…
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NewsSainsbury’s keeps lid on key food prices amid inflation
Prices of many staple items at Sainsbury’s remain cheaper than they were three years ago, despite greater food price inflation.
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OpinionOpinion: Clarks is on-trend with UK manufacturing return
As retailers seek to adapt to a rapidly transforming world, shoe giant Clarks has given a glimpse of the future.
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AnalysisGame profit warning: what the analysts say
Computer games specialist Game signalled today that full-year earnings would be “substantially” below expectations after levels of supply to the UK of Nintendo Switch failed to meet demand.

















