All articles by George MacDonald – Page 210
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NewsTesco's Higginson sells £1m of shares
Tesco boss Andrew Higginson has offloaded a tranche of shares in the top grocer.
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NewsWaitrose well placed for Christmas after weekly sales rise 8.7%
Supermarket group Waitrose managed an 8.7% sales advance last week, when sales of seasonal goods took off.
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OpinionNo trolley dash for retail
Many retailers have weathered the trading storms well post credit crunch but their efforts have frequently not been matched by investor enthusiasm.
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NewsSony unveils new user-friendly format
Technology specialist Sony Centre has unveiled a new-look store on electricals retail destination Tottenham Court Road.
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NewsStakebuilders spot an opportunity in retail
Retail shares, like the temperature, dipped below zero as the big freeze was reflected in icy investor attitudes towards stores on fears that trading will suffer in the golden period.
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NewsFranchise model insulates United Carpets from harsh trading conditions
United Carpets has posted a fall in first-half profits but labelled performance “solid” in the tough trading environment.
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NewsSports Direct profits surge
Sports market leader Sports Direct notched up a 40% rise in underlying pre-tax profits following a lucrative World Cup.
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NewsScottish minister attacks retailers over delivery problems
The Scottish government’s new transport minister Keith Brown has attacked big retailers for their decision to suspend home deliveries in Scotland because of the freezing weather.
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NewsRussian tycoon Mamut increases HMV stake
Russian oligarch Alexander Mamut yesterday increased his holding in troubled entertainment retailer HMV.
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NewsFood, fashion and furniture show record November price inflation
Food, clothing and furniture price inflation recorded record rises for November, helping drive the Consumer Prices Index up by 3.3% overall.
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NewsB&Q to go on Sale this Friday
DIY market leader B&Q will launch its ‘January’ Sale this Friday – its earliest and, it promised, biggest such seasonal promotion ever.
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NewsThis Christmas will be at least as good as last, most retailers believe
Most retailers expect trading this Christmas to be at least as good as last and say shoppers have brought forward purchases to avoid the January VAT rise.
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NewsDixons Black: first pictures
Dixons today unveiled a new fascia, Black, which takes a radically different approach to electrical retailing.
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NewsMarks & Spencer extends Christmas opening hours at 200 shops
Marks & Spencer will extend opening hours until 10pm or later at 200 stores during Christmas week.
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NewsWaitrose beats snow to deliver 'busiest day ever'
Supermarket group Waitrose beat snowy conditions to end last week “on remarkable form” after generating a sales uplift of 4.7% to £106.3m.
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NewsPhones4U deal likely to be valued below £700m
Private equity firm BC Partners is likely to pay less than the £700m anticipated for Phones4U by present owner Providence Equity Partners.
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NewsAnger at Scottish Government's £30m raid on retailers' coffers
Scottish Government proposals to milk big retailers for additional cash have been condemned as a threat to jobs and economic recovery.
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NewsHackers give up attack on Amazon
Hackers have abandoned their attempts to sabotage Amazon.com after the etail giant’s defences proved impregnable.
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NewsActivist investor won’t lead to Kesa break-up, chairman vows
Kesa chairman David Newlands has downplayed the suggestion that stakebulding by investor Knight Vinke indicates sweeping change is likely at the electricals group.
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NewsRetail gets the thumbs up as it outperforms
Investors filled their shopping trolleys with general retail and food stocks alike. The former outperformed the market despite lacklustre BRC sales data for November but are still down year on year.