All articles by George MacDonald – Page 17
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News
Ikea targets North West for expansion
Furniture and home giant Ikea aims to expand its presence in the North West where it will open three Plan and Order Points.
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News
Virgin Wines expects sales and margin impact from tough trading conditions
Online specialist Virgin WInes anticipates flat sales and lower margins in its current financial year as tough trading conditions take a toll.
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News
Marks & Spencer to quit Oxford Street flagship if rebuild plan rejected
Marks & Spencer has warned that it will cease trading from its flagship store on London’s Oxford Street unless redevelopment plans are given the go-ahead.
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Opinion
‘Asos – in a world of data, company spirit matters and culture still eats strategy for breakfast’
Asos’ new chief executive is wise to want ‘refresh’ its culture – it is the foundation stone of commercial success, writes George MacDonald
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News
Dunelm reports ‘robust’ trading despite sales fall
Homewares specialist Dunelm has posted a fall in quarterly sales but described trading as “robust” and maintained profit forecasts in the face of tough trading conditions.
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News
Exclusive: Fenwick sales rise and losses slashed after weaning itself off ‘discounts drug’
Department store business Fenwick increased sales and cut losses last year as it turned pandemic challenges into opportunities by changing its business model.
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News
Frasers’ MySale offer goes unconditional as share threshold crossed
Frasers Group’s offer for online retailer MySale has gone unconditional after passing the 50% control threshold.
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News
The Hut founder Moulding adds to stake as SoftBank bails out
Matt Moulding has increased his shareholding in THG – formerly The Hut – after investor SoftBank unloaded its shares at below the etailer’s IPO valuation.
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Opinion
‘Marks & Spencer boss Machin counts down the days to greater growth’
Marks & Spencer is building on the foundations left by Steve Rowe and taking important steps for serving customers better and securing growth, writes George MacDonald
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News
Marks & Spencer considers moving head office outside central London
Marks & Spencer has raised the prospect of leaving or radically downsizing its central London head office space.
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News
Marks & Spencer speeds up store churn programme
Marks & Spencer is to accelerate its churn of space, including store closures, as part of a ‘reshape for growth’ strategy.
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News
JD Sports chief financial officer to step down
JD Sports chief financial officer Neil Greenhalgh is to leave the retailer next year.
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Analysis
Prime Early Sale: Amazon throws a rock through retail’s golden quarter trading window
With Amazon going on the offensive early with the launch of an October Prime promotion, what will the impact be on retail’s crucial golden quarter trading period?
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News
Superdry returns to profit on back of strategic progress
Fashion retailer Superdry is back in the black, helped by the lifting of pandemic restrictions and progress on its turnaround strategy.
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News
Marks & Spencer bolsters Sparks loyalty scheme with credit account
Marks & Spencer has added a customer credit facility to its Sparks loyalty programme as part of efforts to offer members a “more personalised and digitally driven customer experience”.
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News
Marks & Spencer strikes deals with Mamas & Papas and Applegreen
Marks & Spencer has launched tie-ups with nursery specialist Mamas & Papas and Irish forecourts business Applegreen.
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News
Topps Tiles posts record sales as online business grows
Topps Tiles has achieved record annual revenues for a second consecutive year and expects profits to be towards the upper end of market expectations.
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News
Halfords boosts garages arm with swoop on Lodge Tyre
Automotive specialist Halfords is acquiring Lodge Tyre, which will make it the UK’s largest business-to-businesscommercial tyre provider by revenue.
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News
Tesco locks down prices and raises staff pay as profits slip
Top grocer Tesco has unveiled “a vast new price-lock commitment” and increased hourly-pay pay for the second time this year as the cost of living crunch hits consumers and colleagues alike.
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Opinion
‘Deliveroo’s Hop store – an Argos for food won’t revolutionise retail’
Food rapid fulfilment specialist Deliveroo promises ‘a new way to shop’ with the opening this week of the first bricks-and-mortar Deliveroo Hop convenience store.