All articles by George MacDonald – Page 240
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OpinionA battle has been won at Marks & Spencer
M&S can afford to be satisfied, though not complacent. It still has a long road to travel to regain past levels of success.
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OpinionThe empire strikes back
Tesco publishes its first-half results a week on Tuesday. Sainsbury’s follows with its second-quarter numbers a day later. And this year the pair’s performance – even though not over comparable periods – will be even more of a needle match than usual.
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NewsRetail stock interest expected to continue
Stores rebounded after the recent bout of profit taking and outperformed the market, but food retail stocks remained mired ahead of results from Tesco and Sainsbury’s.
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Retail suffers as gloom outweighs IPO hopes
General retail stocks headed south and underperformed the market, despite rising speculation that a raft of IPOs - including a £1.7bn flotation of fast fashion group New Look - looks likely in the new year.
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NewsJohn Lewis unveils Cardiff store
John Lewis opened the biggest Department store in Wales this morning in Cardiff’s St David’s Centre.
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NewsTopps Tiles confirms profit outlook and sees signs of stability
Specialist retailer Topps Tiles expects to report operating profit of between £10.5m and £14m – the range of analysts’ expectations – when it delivers full year results in November.
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NewsHarrods attacks Dixons’ ‘low-down’ ad campaign
Upmarket department store Harrods has hit back at a cheeky advertising campaign being run by DSGi-owned etailer Dixons.co.uk and raised the prospect of legal action.
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NewsDixons.co.uk ad campaign pokes fun at John Lewis and Selfridges
DSGi-owned electricals etailer Dixons.co.uk has launched a cheeky advertising campaign targeting rivals such as John Lewis and Selfridges.
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NewsRetail rally halted by bout of profit taking
Store shares suffered a poor week, despite the reporting season getting off to an encouraging start.
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AnalysisWill John Dixon be Sir Stuart Rose's successor?
Despite getting Marks & Spencer’s food back on track and a promotion to the board, some say it’s too soon to start talking up Dixon as Sir Stuart Rose’s successor. George MacDonald reports
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OpinionLehman’s ghost laid to rest?
Tuesday was the anniversary of Lehman’s collapse, which a year ago sent retail sales plunging within hours of its demise.
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NewsGrocery data divides opinion on Clubcard 2 impact on Tesco
The latest market data from analysts TNS Worldpanel and Nielsen gave a contrasting picture of the impact of Tesco’s Clubcard 2 double loyalty points launch in August.
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NewsBest Buy profits slide in second quarter
US electricals giant Best Buy, which will open its first big-box stores in the UK next spring, has posted a 22% fall in profits for its second quarter.
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NewsFalling food prices drive lower CPI inflation
The Consumer Prices Index annual inflation rate fell to 1.6% in August compared to 1.8% in July.
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NewsRefinancing repesents ‘new beginning’ for Robert Dyas
Hardware retailer Robert Dyas has launched a 100-day invigoration programme after striking a refinancing deal.
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NewsNew chair for Robert Dyas as debt deal nears
Hardware retailer Robert Dyas has lined up former Kingfisher director Geoff Brady as chairman and is concluding a debt-for-equity swap as it refocuses on trading following financial restructuring.
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NewsOptimism and merger talk send shares flying
Sunnier economic signs and excitement generated by some potentially massive mergers pushed the FTSE 100 to a new high for the year on Tuesday.
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OpinionTransparently good
Kingfisher and Sports Direct showed both sides of the corporate governance coin this week.
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AnalysisNeed to know: Scottish licensing rules
Changes to Scottish rules on the sale and promotion of alcohol are causing confusion for retailers. What are the changes and how are they affecting shops?
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NewsSerious Fraud Office probes JJB and Sports Direct
Following the launch of an OFT inquiry into the sports retail market, it has emerged that the Serious Fraud Office has begun an investigation into JJB Sports and Sports Direct.