All articles by George MacDonald – Page 220
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NewsDixons ditches a ‘plethora’ of own-brands to refresh line-up
Electricals retailer wants to simplify its own-brands to focus on ‘good’, ‘better’ and ‘best’ price points
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NewsTough times ahead for Ocado, warns broker
It was kerching! for Ocado’s founders as the etailer pulled off its IPO in the face of widespread City scepticism, although the flotation price did not meet original ambitions.
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OpinionNo room for smug consensus
Ocado chief executive Tim Steiner rather gracelessly laid into independent City analysts after last week’s lacklustre IPO, following which the online grocer’s shares immediately fell below the opening price.
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NewsSquirrel meat on Budgens shelves prompts outrage
A Budgens store has prompted controversy by putting squirrel meat on its shelves.
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NewsTough start to the year for Wickes
Builders merchant Travis Perkins’ has reported a tough start to the year at its retail division, including DIY chain Wickes, but the business has gained market share.
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News‘Excellent’ start for Best Buy’s UK big boxes, Carphone Warehouse reports
Best Buy’s first UK big-box stores have had an “excellent” response from shoppers, joint-venture partner Carphone Warehouse reported.
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News2020 vision for London’s West End shopping district unveiled
New West End Company, the agency charged with the improvement of London’s premier shopping district, has unveiled ambitious plans to help almost double sales in the area to £10bn by 2020.
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NewsPhones 4U to open shop-in-shops in Currys and PC World
Electricals retailer Dixons has forged a partnership with Phones 4U to open mobile phone areas in at least 50 stores this year following the success of a pilot venture in Currys shops.
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NewsAurora posts first operating profit of £23m
Aurora, the fashion group that owns chain including Oasis, Coast and Karen Millen, has posted operating profit of £22.6m in the 11 months since it was launched from the wreckage of the Icelandic financial meltdown.
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NewsCity forces Ocado to slash IPO share price
The City kept up pressure on Ocado as it prepared for Wednesday’s float and, at the last moment, forced the online grocer to slash its asking price.
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OpinionDebenhams feels the love
Department store Debenhams took another step towards improving its capital structure this week when it completed a £650m refinancing, which will cut the cost of borrowing and extend debt maturity.
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AnalysisHow UK retail is extending its franchise
Franchising helps overseas ventures, but how do you decide whether to run company-owned stores or take the franchise route?
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NewsJJB Sports in showdown with GMB union
JJB Sports chiefs are expected to meet GMB union bosses today in a showdown over recognition at the retailer’s Wigan distribution depot.
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NewsB&Q suffers second quarter sales fall
DIY group Kingfisher suffered a sales decline at its UK arm in the second quarter as shoppers avoided big-ticket purchases.
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NewsSports Direct profits soar but World Cup impact mixed
Sports Direct delivered its best ever day of trading on the day England played the USA in this year’s World Cup and has posted a surge in full-year profits.
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NewsMarks & Spencer unveils flagship Bradford distribution centre
Marks & Spencer officially opens a 1.1m sq ft state-of-the-art distribution centre in Bradford today in a key step in its Project 2020 business improvement programme.
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NewsMothercare to take 25% stake in Australian franchisee
Mothercare is to take a stake 25% in Headline Group, which holds the Mothercare and Early Learning Centre franchises in Australia and New Zealand.
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NewsLuxury goods retailer Smythson returns to profit
Upmarket stationer and luxury goods specialist Smythson returned to profit last year.
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NewsJohn Lewis weekly sales rise 9.1%
Sales at department store chain John Lewis rose 9.1% last week to £59.2m as the retailer’s Sale drew shoppers.
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NewsRetail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.