All articles by George MacDonald – Page 269
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News
Ethical cosmetics launches soar
Shopper interest in ethical cosmetics led to 2,260 product launches in core categories last year.
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Opinion
Two cheers for Cheshire
By the time Sir Geoff Mulcahy was edged out of Kingfisher he had transformed the retailer’s valuation from £100 million to £5.6 billion. Mulcahy gave back £29.50 for every £1 from investors.
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News
‘An exceptional step in exceptional circumstances’
Marks & Spencer acts to justify Rose’s promotion in wake of shareholder opposition
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News
Tesco: the city view
As top grocer Tesco prepares to unveil full-year results a week on Tuesday, it finds its prospects for continued success increasingly under question.
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News
Stocks outperform market again as results season’s stars emerge
A raft of results and updates brought mixed news, but retailers’ stocks rose once again during the week and outperformed the market.
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News
Halfords' sales motor ahead
Category-killing motor accessories retailer Halfords posted strong sales growth last year in its pre-close update.
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News
M&S seeks compromise in Rose row
Marks & Spencer has suggested measures to defuse the bitter corporate governance row that erupted over the proposal to elevate boss Sir Stuart Rose to executive chairman.
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News
Private investors add voice to Rose’s role debate
A leading private shareholder organisation has added to concerns expressed by institutional investors about Marks & Spencer boss Sir Stuart Rose’s proposed elevation to executive chairman.
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News
Kesa completes BUT sale
Kesa, the Anglo-French electricals group, has completed the sale of furniture chain BUT.
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News
M&S to take majority stake in India joint venture
Marks & Spencer is poised to take majority control of a joint venture to be created imminently with Indian powerhouse Reliance Retail.
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Opinion
Credit crunch is not over yet
It looks as if the credit crunch has claimed its first big retail scalp. Last week, US book- seller Borders had to seek emergency funding to the tune of US$42.5 million (£21.3 million) from shareholder Pershing Square.
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Opinion
The Retail Week – March 28, 2008
New Kingfisher boss Ian Cheshire has a three-year plan to revitalise the embattled international DIY retail giant – or at least he will have, after spending most of the next year planning the plan.
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News
Hiatus for retailers as generalists and food groups defy the gloom
Embattled retailers had a week out of the trenches as the market generally enjoyed some respite from financial turmoil.
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News
Fashion retailer Morgan to shut stores division
Fashion retailer Morgan is to shut all 35 of its retail outlets.
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News
Topps Tiles to post profit fall as market toughens
Tile and flooring specialist Topps Tiles expects to post a slight decline in first-half profits.
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News
ScS suffers first-half loss
Sofa retailer ScS Upholstery has plunged into loss and warned that there is no end to punishing trading conditions in sight.
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News
Sainsbury’s reveals £1.2bn property deal as sales rise again
Sainsbury’s has posted its 13th consecutive quarter of like-for-like growth and created a 1.2 billion joint venture to develop and improve stores.
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News
Marks & Spencer creates central European joint venture
Marks & Spencer has created a joint venture in central and Eastern Europe with its local franchise partner and will open 30 more shops there.
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Opinion
Easter storms match DIY mood
For DIY and garden retailers, Easter is the trading equivalent of Christmas.
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News
Retail takes body blow as stocks plunge after Bear Stearns crisis
The whole market slumped as US investment bank Bear Stearns became the latest credit crunch victim and retailers were again hit hard as brokers fretted about the outlook for the consumer economy.