All articles by George MacDonald – Page 247
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NewsPC World to build brand with ‘biggest ever’ marketing drive
PC World has launched a brand-building ad campaign jettisoning its traditional focus on price and deals in favour of a message on meeting customer needs as technology transforms lifestyles.
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NewsFormer Boots chief Scott Wheway takes top Best Buy role
Former Boots the Chemists managing director Scott Wheway has been named chief operating officer of Best Buy International and will play a key role in launching the retailer in Europe.
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NewsJohn Lewis Partnership sales up
John Lewis Partnership recorded a 2.8 per cent sales rise in the week to May 16.
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NewsFindel mulls rights issue after disappointing year
Home shopping group Findel is considering a rights issue among other changes to its funding arrangements and has revealed a disappointing financial performance.
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NewsSir Stuart Rose claims record share ‘bounce back’ for M&S
Marks & Spencer has pulled off its biggest market share “bounce back” in more than a decade, executive chairman Sir Stuart Rose claimed.
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NewsCautious brokers upgrade Kingfisher on Q1 prospects
Brokers have increased profit forecasts for DIY giant Kingfisher in expectation of a good first quarter but remain cautious about longer- term prospects.
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AnalysisNeed to know: Succession planning
Effective succession planning is key to maintaining a healthy business over time, yet it can get overlooked. So who is good at it and how should retailers go about it?
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NewsMarks & Spencer’s profit plunge triggers shares slide
General retailers were down over the week as Marks & Spencer posted a profits fall and investors took profits. Marks & Spencer’s lower profits were expected but some analysts were disappointed with what Pali International analyst Nick Bubb called an “underwhelming” accompanying statement.
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NewsClothing retailers benefit from April sales rise
Retail sales rose 3 per cent in value year on year during April and 2.6 per cent by volume, ONS data showed.
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NewsShoppers swarm to Marks & Spencer Penny Bazaars
VIDEO: Bargain-hungry shoppers turned out in force today as Marks & Spencer opened Original Penny Bazaars in 300 stores as part of its 125th anniversary celebrations.
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NewsM&S reveals new marketing tagline: ‘Quality worth every penny’
Marks & Spencer has unveiled a new marketing tagline – “Quality worth every penny” – to emphasise its value credentials and reputation for quality.
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NewsMarks & Spencer launches transformation drive as profits plunge
Marks & Spencer has launched a transformation programme called 2020 – Doing the right thing, to be headed by finance director Ian Dyson.
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NewsAlliance Boots profit surge
Alliance Boots has reported a rise in profits and is confident about the year to come
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NewsH&M celebrates sales turnaround
International fashion giant H&M has posted recession-busting like-for-like growth of 8 per cent for April, when total sales climbed 19 per cent.
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NewsBroker attacks M&S strategy and management
Discounting and cost cutting by Marks & Spencer threatens its long-term health and dramatic change is necessary to restore the retailer’s fortunes, a broker has warned.
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OpinionIs Westminster beckoning for Next’s Simon Wolfson?
In the retail industry, much of the chatter last week centred not on Next’s latest numbers, but chief executive Simon Wolfson’s future plans. For some time, speculation has mounted that he might consider a shift into politics, casting himself as Lord King to David Cameron’s Mrs T.
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NewsCity cools as it doubts retail’s staying power
General retailers underperformed as questions were asked about whether the stores rally had run too far.
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NewsAsda to boost home shopping as sales soar
Wal-Mart-owned grocer Asda intends to test a “home shopping centre” designed to extend retail capacity in its busiest locations.
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News
Recession hits Musgrave profits
Musgrave, the group whose brands include Budgens, Londis and SuperValu, suffered a profits fall as the recession bit – particularly in its Republic of Ireland domestic market.The company, which works in partnership with independent retailers that use its symbol fascias, said “increased margin and cash flow support” to its partners ...
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NewsM&S to put 2 million products on sale for 1p each for 125th birthday
Marks & Spencer will celebrate its 125th birthday next week by returning to its origins as a penny bazaar and putting 2 million products on sale for 1p each.