All articles by George MacDonald – Page 233
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NewsConsumer fears overshadow ‘super Thursday’ updates
Retail shares slid following last week’s ‘super Thursday’ round of updates and brokers have warned store stocks might now stall.
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NewsGreen light for retail IPOs
Grim outlook fails to dampen retailers’ flotation hopes — but will they hit their valuations?
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AnalysisWhere next for Waterstone’s?
The bookseller’s boss is out after dire Christmas trading and online rivals are a growing threat. George MacDonald asks if Waterstone’s has a future
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NewsTJ Hughes unveils 4% Christmas sales rise
Discount department store group TJ Hughes has revealed like-for-like sales growth of 4% over Christmas.
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NewsPerfume Shop reports ‘outstanding’ Christmas
Perfume Shop, the specialist retailer controlled by global health and beauty giant AS Watson, increased UK and Ireland like-for-like sales by 8.5% over Christmas.
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NewsSnow boosts John Lewis online sales
Last week’s snowy weather resulted in a 56% surge in department store chain John Lewis’s internet sales.
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NewsPets at Home posts 6.7% Christmas sales rise
Pets at Home, the specialist retailer considering a sale or float, has posted 6.7% like-for-like sales growth over Christmas.
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OpinionTesco likely to stay on buy lists
Despite some gloomy portents before Christmas and some lacklustre trading weeks in the run-up to the big event, the festive season lived up to its name for many store groups.
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NewsCity freezes out retail despite solid results
Despite many retailers delivering impressive Christmas performances, store stocks - other than the grocers’ - were in deep freeze in a flat market.
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NewsDebenhams to refit stores in profit drive
Department store group Debenhams is to rev up store refits following the success of its Cardiff shop and give its brands a makeover as it focuses on profitability as well as sales.
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AnalysisJohn Gildersleeve: A good fit for New Look
While his fierce reputation may be unjustified, the former Tesco dynamo seems a good fit as chairman of New Look
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NewsCarrefour poaches Tesco star for top French role
Carrefour has poached Tesco high-flyer James McCann as executive director of its flagship French business.
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NewsHalfords profits to be at top end of forecasts
Motor accessories, cycling and leisure group Halfords will generate full-year profits at the upper end of forecasts ranging between £105m and £112m.
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NewsWaterstone’s boss exits after sales plunge
Entertainment group HMV has parted company with Gerry Johnson, managing director of its Waterstone’s books chain which suffered poor Christmas sales.
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NewsHome Retail Group profits to beat expectations
Argos owner Home Retail Group expects full-year profit to come in £20m ahead of City forecasts at £285m after Christmas trading exceeded management expectations.
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NewsGovernment gives go-ahead for grocery ombudsman
The Government has accepted the Competition Commission’s recommendation that an agency be created to regulate grocers’ relationships with suppliers.
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NewsChristmas sales soar at Matalan
Value fashion and homewares group Matalan has hailed an “impressive” Christmas performance and expects continued growth.
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NewsDunelm cautious despite strong first half
Value homewares group Dunelm has posted strong Christmas trading but warned of toughening conditions to come.
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NewsPeacocks celebrates ‘cracking’ Christmas
Value fashion group Peacocks reported “cracking” Christmas trading, boosted by the success of Pearl Lowe for Peacocks dresses.
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NewsLenders to take control of Jane Norman
Women’s fashion retailer Jane Norman’s lenders are to take over the business and restructure its debts of almost £136m.