All articles by George MacDonald – Page 15
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News
Greggs expands outlet chain as it seeks to cut food waste
Food-on-the-go specialist Greggs has opened the 30th store of its outlet chain, which enables it to minimise waste while contributing to deprived communities.
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News
John Lewis turns down temperature to cut soaring energy bills
John Lewis and Waitrose are to turn down the temperature and dim the lights to reduce energy bills.
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News
Currys switches out of Royal Mail as strikes loom
Electricals giant Currys has dropped Royal Mail for parcel deliveries to minimise disruption from strikes during the crucial Christmas period.
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News
Search begins for successor to Morrisons boss Potts
Morrisons’ private equity owner is pondering an eventual successor to chief executive David Potts.
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News
Jaeger boss Fiona Lambert departs Marks & Spencer
Jaeger managing director Fiona Lambert is to leave Marks & Spencer two years after joining to lead the revival of the brand.
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Opinion
‘As Next snaps up Joules, expect more retailers to go shopping for distress deals’
The current economic environment means the recent rash of acquisitions could continue, but such deals can turn a crisis into a shared opportunity, writes Retail Week executive editor George MacDonald
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News
Next elbows out Foschini with last-minute swoop on Joules alongside founder
Fashion powerhouse Next has teamed up with Joules founder Tom Joule to buy the retailer, fending off competition for control from Phase Eight owner Foschini.
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News
Marks & Spencer pumps investment into northern stores
Marks & Spencer is to invest £28.5m into flagship stores in the north of England next year, almost a third more than in 2022.
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News
Phase Eight owner poised to snap up Joules
Foschini, the owner of fashion retailers Phase Eight, Hobbs and Whistles, is close to buying bust counterpart Joules from administrators.
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News
Hotel Chocolat pins hopes on stores in tough trading conditions
Hotel Chocolat bosses hope the resurgence of stores will help it navigate tough conditions following a year of restructuring.
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News
H&M to cut 1,500 jobs amid tough retail conditions
Fashion giant H&M is to axe 1,500 roles as it seeks efficiencies and consumers watch their spending as the cost-of-living crisis bites.
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News
Marks & Spencer acquires Thread specialist fashion tech in personalisation push
Marks & Spencer is to amp up the personalisation of its fashion offer after acquiring the intellectual property of specialist marketplace Thread, which had collapsed into administration.
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News
Next boss Wolfson calls for more overseas workers to be allowed into UK
Next chief executive Lord Wolfson has urged the government to allow in more workers from abroad to fill UK job vacancies.
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News
B&M reports 'good' golden quarter trading after profits fall
Value giant B&M has reported a “good” start to the Christmas season’s trading and a decline in first-half earnings.
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News
WHSmith back in the black after year of 'significant recovery'
WHSmith has reported a return to profit and said its flagship travel arm is in its “strongest ever position” after it bounced back in the wake of the pandemic.
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Analysis
'Better value than Primark' - how M&S is rebuilding clothing clout
Marks & Spencer may have warned that retail market conditions will get even tougher next year, but the retailer will take heart from a marked improvement in its clothing and home division
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Analysis
Primark - more cheer than fear despite tough times to come
Primark parent ABF’s John Bason looks forward to a post-Covid Christmas, a bolstered digital presence and the opportunities that a new strategic board can help realise – even as margins fall in punishing market conditions
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Data
Grocery shoppers flock to own-brand products as inflation pressure mounts
Consumers upped their spending on grocers’ own-brand lines last month as food price inflation reached another high.
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News
Veteran John Lewis executive Murphy reveals decision to step down after 'WTAF' moment
Andrew Murphy has decided to leave John Lewis Partnership, after turning 50 and feeling the “tick-tock” of the milestone birthday, prompting him to move on after 30 years with the retailer.
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News
Marks & Spencer Marble Arch demolition critics 'make key concessions'
Campaigners against the demolition and redevelopment of Marks & Spencer’s flagship Marble Arch store are said to have conceded fundamental flaws in their argument against the scheme.