All articles by George MacDonald – Page 221
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NewsHi-fi chains Audio T and Sevenoaks Sound & Vision merge to fend off larger rivals
Privately owned hi-fi retailers Audio T and Sevenoaks Sound & Vision are to merge, creating a 50-store business.
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OpinionNo cause to downgrade retail
More than half-way through 2010, many store chiefs’ comments remain wary to the point of downbeat. While the gloomy noises will hardly spark a sector upgrade, the prospects for a further downgrade don’t look any greater.
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Grocers likely to escape fines under ombudsman’s regime
Ministers lean towards naming and shaming supermarkets that infringe new code of practice instead
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NewsMothercare suffers UK sales fall and buys Blooming Marvellous brand
Maternity specialist Mothercare has posted a fall in UK sales and has bought the trademark and brand of privately owned rival Blooming Marvellous.
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NewsRecord June fashion price falls, ONS reports
Record June falls in the prices of clothing and footwear pushed down the Consumer Prices Index (CPI) annual rate of inflation to 3.2% last month from 3.4% in May.
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NewsRetail administrations down 57% in first half of 2010
The number of retail company administrations fell by 57% in the first six months of this year compared to the same period in 2009.
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NewsRetailers prepare for AGM pay rebellions
Leading retailers are preparing for a showdown with shareholders this week as director pay becomes the focus of investor anger.
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NewsGovernment ignores retailers' pleas on Boxing Day trading
Retailers’ hopes that Sunday trading rules would be relaxed for the Boxing Day Sales have been dashed by the Government.
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NewsShares sale by Sainsbury’s chief dampens bid speculation
Speculation that Qataris investors are mulling a bid for supermarket group Sainsbury’s has been undermined by a share sale by chief executive Justin King.
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NewsJohn Lewis sales benefit from England’s World Cup exit
England’s exit from the World Cup is helping sales at department store chain John Lewis, which rose 11.4% last week to £67m.
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AnalysisDebenhams: all about the bottom line
As it ramps up its own-label offer, the department store retailer has sacrificed sales to boost margins. George MacDonald asks if the strategy has paid off
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NewsCity perks up as general retailers bounce back
There was plenty to interest stock market store-watchers as general retailers staged a bounce-back over the week, Ocado generated excitement and controversy with its IPO plans and takeover talk swirled around Sainsbury’s.
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NewsCity perks up as general retailers bounce back
There was plenty to interest stock market store-watchers as general retailers staged a bounce-back over the week, Ocado generated excitement and controversy with its IPO plans and takeover talk swirled around Sainsbury’s.
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OpinionDon’t be pilloried over pay
How striking that it is typically top-flight retailers that become embroiled in AGM fisticuffs.
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NewsBest Buy’s UK chief Paul Antoniadis quits
Paul Antoniadis stuns observers with resignation just 12 weeks after the electricals giant’s UK launch
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NewsSales and margins rise at JJB Sports
JJB Sports has reported a like-for-like sales rise and improved gross margin in recent weeks.
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NewsPrimark sales climb 17%
Value fashion giant Primark has reported 17% sales growth and “strong” operating margins during an “excellent” year to date.
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NewsMarks & Spencer like-for-likes leap in first quarter
Marks & Spencer has reported a 6% surge in general merchandise like-for-likes in the first quarter, when the retailer wooed clothing shoppers with “improved styling, stronger fashions and great value.”
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NewsSir Philip Green aims to open more retail academies
Arcadia owner Sir Philip Green is considering opening more shopkeeping schools after the success of London’s Fashion Retail Academy.
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News
Shoppers spent £250bn online over last 10 years
Consumers spent £250bn shopping online over the last 10 years and the market will double in the next decade.