All articles by George MacDonald – Page 23
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NewsCurrys’ performance ‘strengthens’ as full-year earnings rise
Electricals giant Currys has has reported that trading momentum improved throughout last year although like-for-likes fell at its core UK division.
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NewsMorrisons’ sales and profits rise as focus on execution and loyalty pays off
Grocer Morrisons has reported a rise in quarterly sales and earnings, saying that listening to customers and other stakeholders is bearing fruit.
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Opinion‘Election won’t make much difference to blighted town centres like Middlesbrough’
Empty shops, high crime and a lack of opportunity – no wonder retailers have deserted town centres such as Middlesbrough. There are plenty more like it. Sadly, the general election won’t make much of an immediate impact, believes George MacDonald
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NewsInflation falls to lowest point in nearly three years
The rate of inflation has declined to its lowest level in almost three years, official data shows.
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NewsMarks & Spencer appoints Ikea exec to senior stores role
Marks & Spencer has drafted an Ikea executive as a stores director.
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NewsTesco sales climb in ‘strong’ first quarter
Grocery leader Tesco has posted a sales rise over the first quarter of its financial year.
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Opinion‘Nigel Farage says Shein London IPO is a “very bad idea”. Is he on the money?’
With speculation over Shein’s expected London IPO ongoing, George MacDonald considers why the potential listing has become such a political hot potato
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NewsMarks & Spencer freezes school uniform prices as cost-of-living crisis persists
Marks & Spencer is to hold down the price of school uniforms as the back-to-school period nears.
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NewsJohn Lewis appeals over controversial store redevelopment
The John Lewis Partnership is to launch a planning appeal in pursuit of a decision on proposals to redevelop a Waitrose store and build new homes.
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AnalysisFrom AI to M&A – what retailers are spending their money on
The ring of the tills might be what drives retail, but to keep customers spending retailers need to invest in improvements. Retail Week looks at where some of the biggest – and most successful – retailers are directing their spend
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GalleryMarks & Spencer ‘amps up’ sustainability appeal in store
Marks & Spencer has opened its first full-line store of the new financial year, within which it has adopted a new way of communicating its Plan A sustainability programme to shoppers.
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NewsMarks & Spencer names new chief financial officer
Marks & Spencer has appointed a new chief financial officer whose experience includes transformation
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NewsMarks & Spencer to invest £30m in new and revamped stores
Marks & Spencer is to invest £30m in modernising existing stores and opening new ones.
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AnalysisM&S boss Stuart Machin on ‘tricksy’ member prices and new beginnings
Marks & Spencer this week raised the curtain on strong annual results that beat expectations and it is confident of more progress to come
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NewsM&S unveils Oxford Circus station fashion marketing takeover
Marks & Spencer has launched a ”multi-sensorial” takeover of London’s Oxford Circus tube station using scent – the first time such an initiative has been undertaken in that environment.
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Opinion‘The answer does not lie in data, but in the stores’
Starbucks founder Howard Schultz has made some great points about what lies at the heart of business success. They apply to all of retail, believes George MacDonald
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NewsWalgreens gauges interest in Boots among potential buyers
The American owner of Boots, Walgreens Boots Alliance, is understood to be reaching out to potential buyers of the UK health and beauty giant.
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NewsGreggs posts like-for-like sales rise as it ‘builds capacity for further growth’
Greggs has made a strong start to the new financial year and is investing to power future growth.
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NewsCurrys to beat profit guidance after ‘strong finish to year’
Electricals specialist Currys expects annual profits to come in ahead of expectations after returning to like-for-like growth at group level.
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Opinion‘Even by its own measures, Boohoo faces a long path to recovery’
Boohoo’s KPIs did not tell a happy story when the retailer posted its annual results this week, and achieving sustainable and profitable success will be a challenge as competitors such as Shein grow, writes George MacDonald