All articles by George MacDonald – Page 199
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NewsGrocery sales growth sluggish as bank holidays prompt spending 'hangover'
Shoppers cut back on their supermarket spending at the time of the royal wedding holiday at the end of April following a spending spree previously.
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NewsProfits rise as M&S makes market share gains
Marks & Spencer has posted a surge in profits and made market share gains in its core categories.
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NewsWeekly sales flat at John Lewis
Sales growth at department store chain John Lewis was flat last week, when revenues came in at £53.4m.
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NewsHMV sells Waterstone's for £53m
Russian tycoon Alexander Mamut is to buy bookseller Waterstone’s from entertainment group HMV for £53m in cash and has drafted in Daunt Books founder James Daunt to run the business.
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NewsDixons Spanish exit begins with PC City store disposals
Electricals group Dixons has disposed of eight of its 34 PC City stores in Spain to Portuguese retailer Sonae on undisclosed terms.
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NewsNew Comet chief: ‘We’re not going out of business’
New boss Bob Darke rules out mass store closures, CVA or pre-pack administration
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News
Ocado’s great expectations
Having risen as high as 290p over the last year, online grocer Ocado’s shares have slid down to 200p.
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NewsStores in the spotlight as sale talk heightens
Retailers provided some of the biggest talking points of the week as fevered speculation swirled about the future of some of the industry’s biggest names including Comet, HMV and Signet.
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AnalysisHas Superdry peaked?
Following its IPO SuperGroup has outperformed the market, but recently some not-so-impressive figures suggest the bubble might have burst. Is this the case or is the City overreacting?
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NewsFounding family trust sells 1.5m Sainsbury's shares
Members of Sainsbury’s founding family yesterday sold 1.5m of their shares in the grocer, netting almost £5.3m.
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NewsDixons teams up with big brands for service push
Electricals retailer Dixons has begun providing services such as delivery and installation on behalf of brands and other retailers as it ramps up its services division.
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NewsAsda posts flat first-quarter
Grocery and general merchandise giant Asda has posted adjusted like-for-like growth of 0.8% in its first quarter.
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NewsDixons offloads eight PC City stores in Spain
Electricals group Dixons has offloaded eight of its 34 PC City stores in Spain to Portuguese retailer Sonae, which aims to expand in the country.
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NewsGovernment drafts in Portas to advise on future of the high street
The Government has drafted in TV presenter Mary Portas to lead a review of the future of high street.
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NewsKesa considers disposal of Comet
Anglo-French electricals group Kesa may sell loss-making UK chain Comet and delist its shares from the London Stock Exchange.
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NewsProfits climb at Alliance Boots
Retailer and wholesaler Alliance Boots has reported surging sales and profits.
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NewsBrokers urge caution as retailers beat the market
Store stocks strongly outperformed the All-share index as the latest BRC data showed a sales surge in April, when grocers and some general retailers benefited from sunny weather and bank holidays.
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NewsCarphone trials in Best Buy stores while Comet’s problems deepen
Best Buy Europe has introduced the Carphone Warehouse brand into one of its big-box stores for the first time.
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NewsM&S strengthens food team with creation of new trading boss role
Marks & Spencer has restructured its senior food team, promoting Andy Adcock to the newly created role of trading director for food.
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AnalysisThinking outside the box
Not everyone is convinced Best Buy Europe’s big-box stores in the UK will be a success, but the retailer insists the market is missing the bigger picture. By George MacDonald