All articles by George MacDonald – Page 225
-
NewsScrewfix adopts ‘British Football Time’ opening hours during World Cup
Screwfix, the Kingfisher-owned trade DIY chain, will switch its trading hours to “British Football Time” for England matches during the World Cup.
-
NewsGeorge Osborne to unveil Budget on June 22
New Chancellor George Osborne will unveil his first Budget on Tuesday June 22.
-
NewsJón Ásgeir Jóhannesson resigns from House of Fraser board
Former Baugur boss Jón Ásgeir Jóhannesson has resigned from the board of department store group house of Fraser after a $2bn fraud lawsuit was filed against him in the US.
-
NewsSamantha Cameron cuts back Smythson role
Samantha Cameron, the Prime Minister’s wife, is to reduce her role at Smythson, the upmarket Bond Street retailer she is credited with having helped turn around.
-
NewsJohn Lewis reports 17.7% weekly sales rise
Department store chain John Lewis generated a 17.7% sales rise last week when turnover was £55m.
-
AnalysisPrivate equity rushes back into retail
After two years on the sidelines private equity money is back in retail. George MacDonald finds out why and what investors are looking for
-
NewsRetail drifts as City ponders the big issues
Stores, particularly food retailers, underperformed a market convulsed by uncertainty as big issues such as the future of the euro and the outcome of the general election dominated headlines.
-
NewsRefreshing French Connection
While market debutant SuperGroup has reported a surge in sales and likely profits, another fashion retailer in a similar mould is engaged in a battle to restore profitability.
-
NewsCurrys-owner DSGi unveils 6% like-for-like advance
Currys and PC World-owner Electricals group DSGi has posted a 6% rise in like-for-like sales in its second half and secured a new revolving credit facility.
-
NewsSales leap at Liberty
Sales at upmarket department store Liberty rose 40% in the first four months of this year, owner MWB has reported.
-
NewsMarks & Spencer opens first Hong Kong food store
Marks & Spencer opened its first Hong Kong standalone food store today after a successful trial of its Food to Go range in four shops there.
-
NewsBoots addresses sale of its products in Poundland
Health and beauty retailer Boots has acted over the sale of some of its No7 and Botanics lines in Poundland.
-
NewsFashion helps John Lewis deliver 15.9% weekly sales rise
Fashion again drove sales at department store chain John Lewis last week, which reported a 15.9% rise in total turnover to £53.7m.
-
NewsHMV’s strategy questioned as Q4 like-for-likes plummet
A worse-than-expected update from HMV last week prompted analysts to question the entertainment retailer’s strategy in the face of contracting markets.
-
NewsIan Dyson quits M&S on Marc Bolland’s second day
Ian Dyson, the Marks & Spencer finance director who was passed over as successor to chief executive Sir Stuart Rose, has revealed that he is leaving the retailer.
-
NewsRetail stock buoyant despite election fears
Retail shares were among the better performers as economic turmoil in Greece and political uncertainty ahead of the general election here took a toll on the market overall.
-
OpinionHMV no longer top of the pops
Like the chart stars whose tunes it sells, entertainment group HMV is susceptible to wild swings of fortune and last week’s update was hardly music to investors’ ears.
-
NewsPoundland embarrassment for Boots
Product identical to Boots No7 and Botanics lines is being sold in Poundland at a much lower price, it has emerged, potentially embarrassing the health and beauty giant.
-
NewsSales momentum slows at Morrisons
Supermarket group Morrisons has reported a slowdown in sales during its first quarter, but said it was still winning customers.
-
NewsIan Dyson leaves Marks & Spencer
Marks & Spencer has announced the departure of finance director Ian Dyson, just a day after Marc Bolland joined as chief executive.