All articles by George MacDonald – Page 270
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News
Reevoo wins funding for international expansion
Shoppers’ review site Reevoo is expanding internationally after winning new investment from Banexi Ventures.
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News
Cissell to run Wal-Mart China
Robert Dyas chief jumps ship to lead global retail giant’s fast-growing operations in China
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News
WHSmith seals hospital and motorway deals
WHSmith has bolstered its travel division with two deals in hospitals and motorway service stations.
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News
Wolfson confident in Next as tough year looms
Fashion group Next sees little prospect of an improvement in consumer spending in the next year.
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Analysis
City supports Rose’s power shift but draws line under Morrisons
Marks & Spencer’s share price shrugged off controversy over Sir Stuart Rose’s shift into the role of executive chairman in June. Although down, the retailer’s share price performed better than the general retail sector over the week.
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News
Rose defends his dual M&S role as sparks fly
Marks & Spencer chief executive Sir Stuart Rose has accused his corporate governance critics of adopting an “ideological” stance and insisted that controversial boardroom changes are in the retailer’s best interests.
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Opinion
M&S has been here before
A retail bellwether hovering around the £1 billion profit mark; an executive chairman almost synonymous with the business itself; signs of deteriorating trading and a clutch of directors eager to move into the top job. Sound familiar?
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News
Sector like-for-likes up but non-food is dismal
Retailers’ performances continued to polarise last month, as price-conscious shoppers tightened their belts.
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News
RWCO8: Hogsted relaunches attack on UK planning regime
Ikea mid-Europe manager Peter Hogsted has said the retailer faces less red tape in markets such as China and Russia than in the UK.
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News
Benetton family to buy World Duty Free
Airports operator BAA is to sell its World Duty Free chain to Italian company Autogrill, which is controlled by the Benetton family, for 546.6 million.
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News
MFI claims spark £57 million legal row
Private equity firm Merchant Equity Partners is embroiled in a 57 million battle with joinery business Galiform over the value of assets of furniture chain MFI.
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News
Asda sales strengthen in February
Grocery group Asda’s sales beat internal projections last month, helped by its low-price positioning and seasonal promotions, parent Wal-Mart disclosed.
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News
Carrefour boardroom powershift clouds recovery
Big changes are on the cards at French retail giant Carrefour, which today posted a rise in sales and profits.
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News
Minimum wage hike to hit retailers
Prime Minister Gordon Brown has announced that the national minimum wage will rise by almost 4 per cent to 5.73 in October.
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News
Moss Bros shares spike as offer from Baugur fuels investor fight
Menswear retailer Moss Bros was the week’s biggest riser as a bad-tempered battle for control raged. Members of the founding families, the board and associates of potential buyer Baugur all laid into each other, which can hardly be helping store performance.
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News
Waitrose mulls assault on convenience
Waitrose is considering launching a convenience store format that would pit the grocer against Sainsbury’s, Marks & Spencer and Tesco.
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News
Raise a glass to a Majestic chief
When Tim How became chief executive of Majestic Wine the Cold War was not quite over and Mrs Thatcher was still Prime Minister.
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News
Kingfisher's Brico Depot chiefs to step down
The duo that created Brico Depot, DIY giant Kingfisher’s French chain aimed at trade customers, are to leave at the end of this month.
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News
Former Kingfisher boss to join Blackstone
Former Kingfisher chief executive Gerry Murphy is to become a senior managing director and partner at private equity giant Blackstone.