All articles by George MacDonald – Page 215
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OpinionHistory repeating itself at M&S
Marks & Spencer chairman Sir Stuart Rose could be forgiven for feeling he is experiencing a bittersweet groundhog day.
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NewsAsda to source an extra £270m of British food by 2013
Asda is to ramp up the quantity of food sourced from British producers, including local and specialist suppliers, as part of a sustainable agriculture push by parent Walmart.
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NewsKesa shares soar on Best Buy bid speculation
Speculation that a takeover of Anglo-French electrical group Kesa may be on the cards has prompted the retailer’s share price to soar.
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AnalysisAlistair McGeorge
While his decision to step down is a surprise, the enigmatic Matalan chief has undoubtedly made his mark at the value retail giant.
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NewsIkea breaks with history to reveal annual results
Furniture giant Ikea has broken its traditional habit and issued full-year results in acknowledgement of widespread interest in the business.
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NewsJohn Lewis reports 15% weekly sales rise
Sales at department store chain John Lewis rose 15.1% last week to £58.7m.
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NewsPeacocks calls off sale
Fashion retailer Peacocks will not be sold after there was insufficient interest from potential buyers, Retail Week has learned.
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NewsJJB takes cautious approach as volatile trading continues
JJB Sports slashed losses in its first half but investors took fright at volatile trading conditions since.
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NewsM&S experiments with standalone beauty shop
Marks & Spencer has opened an experimental standalone beauty store in Mumbai with Indian partner Reliance.
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NewsSluggish growth puts brokers off their food
Food retailers’ shares looked far from scrumptious ahead of Tesco’s interim results next Tuesday and Sainsbury’s second-quarter update a day later.
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OpinionSainsbury’s treads carefully
After hunkering down and sticking to the knitting during the recession, the attractions of trading in foreign climes are once again moving up the retail agenda despite the rather uncertain trading conditions at home.
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AnalysisIs John Lewis’s online pledge a game changer?
Online just got tougher as John Lewis rolls out its famous price pledge, but what does the initiative bode for the sector?
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NewsJJB Sports funding concern prompts big broker downgrade
Broker Singer has slashed its price target for JJB Sports by more than a third to just 8p because of concerns about the retailer’s funding and punishing trading conditions.
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NewsMatalan chief executive Alistair McGeorge to stand down
Matalan chief executive Alistair McGeorge is to stand down and other boardroom changes are expected at the value retail giant.
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NewsJJB cuts losses but prepares for promotional blitz
JJB Sports has hailed “steady progress” in its turnaround after cutting losses and fattening margins in its first half.
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NewsWalmart to buy South African retailer Massmart, Asda’s Andy Bond to oversee
Walmart intends to push into Africa with the $4.2bn acquisition of general merchandise group Massmart.
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NewsTesco chief Sir Terry Leahy attacks investor short-termism
Tesco chief executive Sir Terry Leahy has criticised short-term investor attitudes and such shareholders’ superficial understanding of companies in which they hold stakes.
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NewsJohn Lewis lays down the Christmas gauntlet as sales rise
Sales at John Lewis department stores rose 11.7 last week, which the retailer said it suspects was “well ahead of the market”.
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OpinionQuestions of confidence
Consumer confidence has been one of retail’s big talking points all year - but what about retail confidence?
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Analysis
Promoted to death?
As retailers rely more and more on promotions it seems customers are less willing to pay full price. Is it too late to turn the tide, asks George MacDonald