All articles by George MacDonald – Page 217
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NewsEncouraging signs for general retailers
General retailers were up again over the week, outpacing their food peers and just about keeping pace with the All-Share Index. They are still down over the year, though.
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NewsTesco tries triple Clubcard points scheme
Tesco has launched a triple Clubcard points scheme for high-spending customers.
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NewsArgos performance dents Home Retail profits
Argos owner Home Retail Group expects full-year profits to come in at the low end of expectations after suffering a second quarter sales fall at flagship chain Argos.
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NewsMorrisons unveils convenience and online ambitions
Supermarket group Morrisons is to test convenience stores next year and is investigating whether also to begin trading online.
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NewsProfits fall at Thorntons
Chocolates specialist Thorntons has posted a fall in full-year profits despite making market share gains.
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NewsRetail sales rise in August
Retail sales rose 1% like-for-like in August and 2.8% in total, the BRC-KPMG Retail Sales Monitor showed.
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News
BRC seeks assurances on local enterprise partnerships
The British Retail Consortium has welcomed opportunities for business to become involved in local decision making but warned that ‘localism’ should not be allowed to harm national companies.
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NewsSir Stuart Rose hints at TV career and defends his record at Marks & Spencer
Marks & Spencer chairman Sir Stuart Rose has hinted of his interest in fronting a Troubleshooter-style business TV show after he stands down from the retailer.
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NewsMorrisons considers online food launch
New Morrisons boss Dalton Philips is expected to signal a move into selling food online when he unveils elements of his strategy for the grocer at next week’s interim results.
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NewsMultichannel powers 12% rise in weekly sales at John Lewis
Department store chain John Lewis posted a sales rise of 12.2% to £57.8m last week, driven by a strong online and fashion performance.
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NewsOcado shares up by 5% ahead of update
General store stocks improved compared with their recent weak showing but the sector remains well down over the year in comparison with food groups and the All-Share index.
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OpinionTime for Argos to help itself
What has almost 1,000 pages and sells everything from air beds to yoga mats? It’s not Argos’s latest big book, but Tesco’s.
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NewsPromotions at a high as Co-op profits rise
About 40% of products on Co-operative Group’s food stores are on promotion at present - the highest level in recent times.
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AnalysisProfile: Peter Marks
The Co-op chief executive has been through tough times with the business. He tells George MacDonald about the retailer’s renaissance.
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NewsAsda’s George poaches top Marks & Spencer executive
Asda-owned fashion business George has poached top Marks & Spencer executive Nick Jones to be its merchandising, supply and sourcing director.
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NewsTesco joins auction for Carrefour’s Asian shops
Food and hypermarkets giant Tesco is among the 10 bidders for French counterpart Carrefour’s south-east Asian assets.
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NewsWorld Cup boosts Dixons sales
Electricals group Dixons Retail, owner of the Currys and PC World chains, has reported a good start to the year helped by the World Cup and demand for iPads.
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NewsMountain Warehouse deal values store group at £50m
Private equity firm LDC acquires stake in fast-growing outdoor gear specialist
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NewsConsumer confidence rises in August
Consumer confidence improved in August for the first time since February.
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NewsJohn Lewis posts weekly sales rise of 10.5%
Sales at John Lewis department stores rose 10.5% last week to £52m, driven once again by the fashion department.