All articles by George MacDonald – Page 243
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NewsRetailers to gain if recovery of pound sustained
Retailers are poised to reap earnings and margin gains if the recovery of the pound is sustained and relieves pressure on buying costs.
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NewsGreen shoots and toxic waste
Two years into the credit crunch, hopes are rising that an end to hard times could be on the horizon.
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NewsRetailers run on as updates hold promise
Investors once again went on a trolley dash for store stocks, helping general retailers outperform the market.
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News
Nisa-Today's members in line for £500,000 payout
Members of c-store buying group Nisa-Today’s will share £500,000 after the business achieved an 11 per cent increase in turnover last year.
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NewsCarpetright posts like-for-like sales rise
Carpetright, the market leading floor coverings retailer, has posted the first quarterly like-for-like sales rise at its core business since the fourth quarter of 2007/08.
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AnalysisHilco: hero or villain?
Profiting from retail misfortune as it does, restructuring specialist Hilco is much maligned. George MacDonald asks if the rancour is deserved
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NewsFormer John Lewis boss Sir Stuart Hampson named chairman of Crown Estate
Sir Stuart Hampson, the former chairman of John Lewis Partnership, is to become chairman of Regent Street owner the Crown Estate.
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NewsTesco and Morrisons continue to challenge OFT in milk row
Grocers Tesco and Morrisons will continue their battle with the Office of Fair Trading (OFT) over milk price-fixing allegations.
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NewsSports events and mixed weather fail to deter John Lewis shoppers
Sales at John Lewis department stores surged 5.3 per cent last week, despite big sporting events and volatile weather that might have kept shoppers at home.
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NewsFormer MFI and Woolworths chiefs drafted in to Allied Carpets
The former bosses of collapsed retailers Woolworths and MFI have been parachuted in to help turn around embattled Allied Carpets, which was bought out of pre-pack administration last week.
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NewsRetailers stir FTSE 100 onto impressive gains
Retailers helped the FTSE 100 make its best run of gains in four years on Tuesday, the seventh consecutive day that the index rose.
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OpinionNext boss Simon Wolfson excels again
Next boss Simon Wolfson is making a habit of beating expectations. So good has recent performance been that Next brought forward its trading update and upped internal profit forecasts by £30m.
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NewsRetail sales climb in June, ONS reports
Retail sales volume rose 1.2 per cent between May and June, the latest ONS data showed.Good weather helped fashion and footwear stores, which notched up a 4.7 per cent rise, bringing the advance for the predominantly non-food stores category to 1.6 per cent. Household goods shops suffered a 0.7 per ...
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NewsMike Ashley threatens JJB AGM showdown with Sir David Jones
Sports Direct tycoon Mike Ashley intends to embarrass rival JJB Sports executive chairman Sir David Jones at JJB’s AGM tomorrow.
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NewsB&Q beats second-quarter expectations
DIY giant Kingfisher’s flagship B&Q UK chain beat second-quarter sales expectations, helped by business improvements and the collapse of rivals.
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NewsSun and tourists lift London retail sales
London retail sales once again outperformed the UK during June, helped by good weather and tourists cashing in on the weak pound.
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NewsDoubts raised over Arcandor rescue
The break-up or liquidation of parts of troubled German retail group Arcandor has become more likely after the group’s restructuring adviser quit.
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NewsJohn Lewis enjoys 'better week'
John Lewis department stores recorded a sales fall of 1.6 per cent last week in what it described as “one of the better weeks of the year thus far”.
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NewsGrocers slash plastic bag usage by 48%
Food retailers have almost halved the number of carrier bags distributed to customers, reducing their environmental impact.
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NewsEarnings upgrades in sight as retail sales hold their own
The City took heart at better than anticipated retail sales in June, raising the prospect of sector upgrades.