All articles by George MacDonald – Page 273
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News
Tesco to open department stores
Grocery giant Tesco plans to launch a high street assault with a chain of department store-type shops that would compete with retailers such as Debenhams and Marks & Spencer.
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News
Ahold mulls selling Schuitema stake to CVC
Dutch retailer Ahold is in talks to sell its majority stake in 443-store supermarket business Schuitema to private equity firm CVC.
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News
HMV to roll out new look after Christmas sales soar
Following market-bucking Christmas trading, entertainment retailer HMV is to roll out its next-generation store format.
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News
Carphone rings up Christmas profit rise
Mobile phone specialist Carphone Warehouse’s tills rang out a merry Christmas, as December sales and profits climbed.
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AnalysisThe end of the affair?
The City has fallen out of love with retail, as share prices tumble on the back of disappointing Christmas trading. George MacDonald asks whether it is a trial separation or a case for divorce
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Opinion
M&S’s knight is not beaten yet
Would Marks & Spencer’s investors have been better off if Sir Philip Green had succeeded with his 400p takeover proposal three years ago?
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News
Pampered pooches spur on Pets at Home
While many retailers suffered a dog of a Christmas, heavy spending on presents for pets delivered a seasonal sales surge for specialist Pets at Home.
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News
Woolies is shining light as Tesco and M&S updates add to gloom
Woolworths managed to lighten the gloom with the news that its retail arm will return to profit this year, but the sector was still down following lacklustre updates from Marks & Spencer and Tesco.
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News
M&S steps up Plan A with ethical factories
Marks & Spencer will work with suppliers to create six “ethical factories” to bolster its commitment to improved labour standards in developing countries.
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News
Comet seasonal like-for-likes flat
Comet, the UK electricals chain owned by Anglo-French retailer Kesa, has posted like-for-like growth of 0.7 per cent for the period from November 1 to January 8.
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News
Home Retail profit lifted by Argos Christmas success
General merchandise giant Home Retail expects full-year profits to be at the upper end of expectations after sales at catalogue chain Argos held up over Christmas.
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News
Game celebrates “outstanding” Christmas
Computer entertainment specialist Game has disclosed stellar Christmas trading figures, as a result of focus on a changing customer base and “unprecedented” range and quality of products.
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News
Theo Fennell Christmas sales rise
Theo Fennell, the AIM-listed jeweller, has posted a 2 per cent rise in sales for December.
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News
Unhappy Christmas for US retailers as sales fall
Many US retailers have suffered just as disappointing a Christmas as their UK counterparts, December sales figures showed.
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News
John Lewis named UK's favourite shop
Department store business John Lewis has been named the UK’s favourite retailer in a survey of 6,000 shoppers.
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News
Redcats to shut Empirestores with loss of 850 jobs
Home shopping specialist Redcats is to shut its agency business Empirestores, with the likely loss of 850 jobs, to focus on its e-tail operations.
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News
Blow to Kingfisher as Asia chief Gilman quits
Veteran B&Q boss Steve Gilman, who is chief executive of its Asia division and one of the company’s most respected retailers, has made a surprise decision to stand down later this year.
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Opinion
Browett has a long road ahead
Crucial as it is, making the sale is the final point in the retail chain. Knowing what to buy – and buying at the right price – is the starting point.
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News
Shares take beating as festive casualties arise
Quoted retailers suffered an unhappy new year as shocking profit warnings and panic about prospects destroyed value.