All articles by George MacDonald – Page 13
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News
Exclusive: Tycoon Paphitis reports strong Christmas in store and brands’ return to profit
Entrepreneur Theo Paphitis, owner of Ryman, Robert Dyas and Boux Avenue, revealed a Christmas sales uplift across the board and a return to the black for key brands.
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Interview
Interview: Entrepreneur Wayne Hemingway on his new ‘purposeful shopping’ venture
Queues out the door, thronged tills, DJs. There was all the pazzazz of a flagship store opening but the excitement was not for one of fashion’s big names. It was for the opening of Charity Super.Mkt, labelled the first multi-charity preloved fashion department store.
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News
Exclusive: Marks & Spencer wins court battle with Aldi over copycat gin design
Marks & Spencer has come out on top in a legal showdown with value grocer Aldi over a seasonal ’light-up’ gin that was found to have infringed design rights.
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News
Lidl pledges spend of £4bn with British suppliers this year
Value grocer Lidl is accelerating its spend with British suppliers this year as it positions itself as a champion of national produce.
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News
Superdry suffers deeper losses as wholesale takes a hit
Superdry has reported a fall in first-half profits and even though Christmas performance strengthened, has cut full-year expectations to breakeven.
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News
Asda launches consultation with more than 4,000 staff on changes to roles and pay
Asda has begun a consultation with thousands of staff over changes to their jobs, which is likely to lead to the termination of hundreds of roles.
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Analysis
Glad rags, stores surge and flight to value – how fashion retailers fared this Christmas
As the Christmas reporting season comes to a close, a return to in-store shopping in the post-pandemic world, freezing temperatures and the impact of the cost-of-living crisis delivered a range of results for fashion retailers over the period.
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News
Primark boss: Time to change the narrative about online sales growth
The finance chief of Primark parent company ABF believes it is time to rethink accepted wisdom about online retail’s growth trajectory.
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News
THG appoints new finance boss as Gallemore switches roles
Online retailer THG has named a new chief financial officer as the previous postholder John Gallemore changes responsibilities.
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News
Primark sales rocket over ‘very strong’ Christmas
Value fashion giant Primark traded better than expected over Christmas, including a “step up” in the UK.
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News
December retail sales rise but volumes fall as cost of living hits consumers
Retail sales rose by value in December 2022 but volume was down, official data has shown.
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News
Argos Ireland closure and Lloydspharmacy withdrawal from Sainsbury’s put 2,600 jobs at risk
Around 2,600 retail jobs could be lost after Argos revealed it will end its operations in Ireland and Lloydspharmacy decided to close its branches in Sainsbury’s stores.
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Opinion
‘Don’t write off the pureplays, despite a Christmas shocker’
As store shutters slammed down during lockdowns, some wrote off the likelihood of a bricks-and-mortar recovery. Now the same gloom has descended over pureplays. It was proven wrong then and it will be proved wrong now.
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Gallery
Store gallery: Whole Foods Market’s new store in iconic New York building
Whole Foods Market has opened a store in one of New York’s most famous buildings, showcasing local products and catering to the district’s well-heeled clientele.
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News
Exclusive: Kingfisher tech chief to leave as ‘next phase of digital journey’ begins
Kingfisher chief digital and technology officer JJ Van Oosten is leaving the DIY giant, Retail Week can reveal.
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News
Quiz sales rise as shoppers snap up occasionwear
Fashion retailer Quiz has reported a strong sales increase over Christmas when consumers bought party gear as they celebrated a festive period free of pandemic restrictions.
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News
THG reports record sales and acts to improve profitability
THG, the online group that owns a raft of health and beauty brands, has posted record annual sales of £2.25bn but warned on earnings.
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News
Ocado optimistic about yearly sales growth after flat quarter
Online grocer Ocado expects sales to improve later this year after a flat performance in its fourth quarter.
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News
Reiss expects record profit after strong Christmas
Fashion retailer Reiss has reported strong Christmas trading as sales surged in stores and online.
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Analysis
Analysis: How retail confounded the doom and gloom to achieve a very merry Christmas
As soon as retailers’ Christmas updates started coming in, it was clear that something unexpected had happened – the festive season had been better than anticipated for many