All articles by George MacDonald – Page 234
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NewsClinton Cards posts 3.5% like-for-like rise over Christmas
Clinton Cards has paid back debt early after generating sales growth over Christmas.
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NewsInnovative product drives strong Christmas for Ted Baker
Fashion group Ted Baker has posted a 19.1% increase in retail sales over Christmas and attributed the performance to its innovative product.
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NewsMatalan’s ‘fruity’ £1.5bn asking price puts off potential buyers
Hopes of selling Matalan are likely to be dashed unless the reported asking price is cut.
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NewsDeloitte racks up an extra £5.5m in fees for Woolworths administration
The administrators of bust variety store group Woolworths have notched up an additional £5.5m in fees for their work, bringing the total so far to £9.3m.
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OpinionA reality check for Ocado
Ocado has drawn plenty of glowing press comment and there’s plenty to admire in it, but whether it is flotable is another matter.
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NewsCity warns festive wins could reveal last of ‘low-hanging fruit’
Upgrades of general retailers are likely following some better than anticipated Christmas updates, but analysts are advising investors to pick stocks carefully.
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NewsChristmas sales success for New Look
New Look, the value fashion group which is considering an IPO this year, has reported a strong Christmas performance.
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NewsBest Buy unveils new-look UK website
Best Buy UK has upgraded its website with the addition of a range of new content ahead of the opening of its first shops in this country in the spring.
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NewsMarks & Spencer celebrates ‘good’ Christmas
Marks & Spencer has hailed Christmas trading a success after posting 0.8% like-for-like sales growth over the festive period but warned that prospects remain uncertain.
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NewsHMV to buy Mama in £46m deal
Entertainment group HMV is to buy its joint venture partner Mama in a deal valuing the business at £46m.
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NewsOnline spending to reach £120m on Christmas Day
Shoppers are expected to spend £120m on Christmas day in an online spending frenzy.
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NewsLiberty attracts potential buyers
Several parties have expressed interest in acquiring famous department store Liberty but a deal may prove elusive.
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NewsPrivate equity bidders offer £800m for Pets at Home
Four private equity firms have each submitted offers of more than £800m for specialist retailer Pets at Home.
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NewsSnow disrupts online grocery orders
Heavy snow has played havoc with deliveries of Christmas groceries ordered online.
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NewsRetailers fear imposition of VAT on food
Fears have been expressed that VAT may be imposed on food in next year’s Budget.
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NewsSports Direct broke rules, Blacks tells FSA
Blacks Leisure has reported rival Sports Direct to the Financial Services Authority for allegedly breaking City rules.
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NewsTopps Tiles’ Dutch business to shut
Topps Tiles’ loss-making Dutch business is to close after the retailer decided not to provide further support and funding.
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NewsConsumer confidence falls for second month
Consumer confidence slipped in December for the second month running and consumers are wary about prospects in the new year.
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NewsRetail shares waver as Christmas draws near
As Christmas nears, general retailers were down against the market as store chiefs and investors alike wait with bated breath to see how festive trading turns out.
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OpinionPoor reading from Waterstone’s
Much is made of the benefits of last man standing status in retail but some, such as HMV-owned bookseller Waterstone’s, look punch-drunk.