All articles by George MacDonald – Page 21
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NewsSainsbury’s unveils staff pay rise as Christmas sales climb
Sainsbury’s has reported a food market share gain for the fifth consecutive Christmas as shoppers turned to it for ”quality, value and service”.
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NewsRetail share prices battered despite strong Christmas performances
Leading retailers’ share prices have taken a hammering despite some of the biggest names posting strong Christmas performances.
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AnalysisHow M&S achieved a ‘record’ Christmas – and where there’s room for improvement
Marks & Spencer’s Christmas performance beat expectations. We look at what lay behind success, where the retailer thinks it could do better and the outlook for 2025
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Opinion‘There was no Christmas cheer at Asda, but don’t rule out a happier new year’
Asda, grocery’s leftover sprout at Christmas, will be one of the stories of the year as it battles to turn around performance under new chair Allan Leighton, says George MacDonald
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NewsKingfisher has appointed former Halfords and Coles boss to its board
Home enhancement giant Kingfisher has appointed a former chief executive of Halfords and director of a raft of big retailers to its board.
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NewsB&Q is snapping up three Homebase stores
DIY powerhouse B&Q has agreed on the acquisition of three Homebase stores in the Republic of Ireland.
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NewsMorrisons shoppers have been hit by loyalty scheme problems during Christmas rush
Morrisons has apologised to customers unable to redeem loyalty discounts as they do their Christmas shopping.
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NewsQuiz is quitting the stock exchange to cut costs
Fashion retailer Quiz intends to cancel its listing on the AIM stock market and operate as a private company instead.
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NewsBoohoo has strengthened its balance sheet with office sale
Fashion retailer Boohoo has sold its office in London, helping the retailer to bolster its balance sheet.
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NewsBRC has warned of a ‘challenging year’ to come for retailers
Trade body the BRC has cautioned that a difficult 2025 lies ahead as jittery consumer confidence and rising costs pile pressure on retailers.
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NewsBoohoo shareholders have given a slap in the face to Frasers Group
Attempts by Frasers Group to install founder Mike Ahsley on the board of online fashion specialist Boohoo have been rebuffed.
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NewsNike is vowing to ‘return sport to the centre of everything we do’ as sales fall
Nike’s new boss has pledged to act fast to restore the trainer brand and retail giant’s fortunes as he reported a quarterly sales fall.
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NewsRetail sales volumes edged up in November, ONS reports
Retail sales volumes edged up last month, official data showed.
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Opinion‘A Christmas profit warning is inauspicious, but retail has reasons to be cheerful about 2025’
Despite a hefty profit warning from Shoe Zone, as long as retailers overall meet muted Christmas expectations then City appetite for their shares could pick up in the new year, writes George MacDonald
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NewsThe Body Shop is ‘back in profit baby!’ new boss reveals
Ethical cosmetics specialist The Body Shop is back in the black – albeit over a short period.
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News‘Proud moment’ for John Lewis as it wins royal warrant
Department store business John Lewis has been awarded a royal warrant by the king.
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NewsMarks & Spencer is expecting ‘busiest Christmas’ at flagship online distribution centre
Marks & Spencer anticipates that this Christmas will be the busiest ever at its biggest distribution centre.
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NewsChancellor sticks to her guns at Budget meeting with retail leaders
Retail representatives have met chancellor Rachel Reeves to detail industry concern over the extra costs imposed in the recent Budget.
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NewsFrasers is seeking control of embattled Norwegian sports retailer
Department stores and sports goods group Frasers is seeking to take control of Norwegian sports specialist XXL, where it’s already the second biggest shareholder.
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NewsFormer Boohoo boss Lyttle cited stalking concerns among reasons for departure
Ex-Boohoo chief exexutive John Lyttle left the retailer amid concerns over stalking and “corporate espionage” made by various executives.