All articles by George MacDonald – Page 204
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NewsJohn Lewis reports half-term sales lift
Sales at department store chain John Lewis rose 7.2% to £54m last week, when the retailer benefited from the half-term holiday south of the border.
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NewsOddbins drafts in advisers to consider future
Wine retailer Oddbins has drafted in advisors as it considers its options amid tough trading conditions.
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NewsOcado sales surge in first quarter
Online grocer Ocado has posted a sales surge in its first quarter, when its average basket size fell as shopping frequency increased.
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NewsAlworths in the balance?
Future unclear for ‘son of Woolworths’ as founder resigns as director and restructuring looms.
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NewsGloomy outlook as retail takes a bad turn
Primark’s unsettling update and a profit warning from HMV put the frighteners on retail sector investors and general stores were sharply down against a flat market.
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NewsSales slowdown at Primark sparks City retail sector fears
Value fashion powerhouse Primark sounded a warning that shoppers have been reluctant to open their purses since the start of the year, knocking City sentiment towards retailers.
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NewsHMV expected to consider an emergency rights issue
Disposal of Waterstone’s also a possibility following fourth profit warning by parent since last autumn
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OpinionM&S machine cranks into gear
Marks & Spencer’s appointment of Inditex’s Russian boss Jan Heere as international director, and the poaching of Laura Wade-Gery from Tesco as ecommerce supremo, should benefit the retailer in subtle as well as obvious ways.
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NewsB&Q to invest £35m in multichannel operations
Market leading DIY retailer B&Q is to spend £35m improving its online business.
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AnalysisRetail in the Middle East and North Africa
Despite unrest and revolution, the emerging markets of the Middle East and North Africa still hold appeal to retailers, but is it worth the risk?
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NewsInflation boosting grocery sales, Nielsen reports
Grocery volumes have been subdued in recent weeks, when supermarket sales were helped by inflation.
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NewsHMV warns on profits
Entertainment group HMV has issued a profit warning after continued tough trading.
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NewsPrimark reports tougher trading
Value fashion giant Primark has reported a slowdown in demand, signalling how tough high street trading has become since the start of the year.
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AnalysisJonathan Hart
The new chief executive of Thorntons has been drafted in to sweeten its retail sales, revamp the product offer and take a bite out of the competition.
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NewsIceland to pay £100m dividend
Frozen food specialist Iceland is expected to pay a dividend of £100m this year, its first for three years.
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NewsConsumer confidence fails to improve in February
Consumer confidence remained almost unchanged in February, following its near-unprecedented crash the previous month.
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NewsCity lukewarm on the outlook for retail
As pressure continued to bear down on general retail stocks, Nomura and Espirito Santo issued notes assessing prospects.
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NewsMarks & Spencer hires Inditex man to lead international expansion
Marks & Spencer has drafted in Inditex director Jan Heere as its international director.
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OpinionBest Buy beats a retreat
Many of the world’s biggest retail names have been humbled when, bolstered by strength in domestic markets, they are emboldened to venture overseas.