All articles by George MacDonald – Page 274
-
News
Retail shares dive as Christmas trading statements disappoint
Wednesday brought another battering for the stores sector, which had already lost more than a tenth of its value in the previous week, as Marks & Spencer’s shares plunged 20 per cent after a damp squib Christmas.
-
News
Hodkinson takes over to drive change at Wyevale
Wyevale Garden Centres chairman Jim Hodkinson has assumed day-to-day control of the private equity-backed business.
-
News
M&S chiefs snap up shares after Christmas disappointment
Marks & Spencer directors have ramped up their shareholdings, sending a message to investors that they remain convinced of the retailer’s strength following reaction to today’s trading update.
-
News
Short sellers target WHSmith
Short sellers have increased their positions in bookseller and stationer WHSmith by 200 per cent in the past six months, it has emerged.
-
News
C-stores fuel Co-op’s Christmas growth
The Co-operative Group has celebrated a happy Christmas on the back of a strong performance from convenience stores and remodelled shops.
-
News
JLP sales climb at Christmas
John Lewis Partnership has posted strong growth at both its department store and Waitrose supermarket divisions for the five weeks to January 5.
-
News
Sainsbury's shares plunge on back of City festive fears
Sainsbury’s shares have slumped to their lowest in more than a year as fears swept the City that the grocer had a disappointing Christmas.
-
Opinion
The Retail Week - January 4, 2008
DSGi needs to be switched on to cope with ailing sales at its PC World business, or is it time to pull the plug?
-
Opinion
The Retail Week – January 4, 2008
DSGi needs to be switched on to cope with ailing sales at its PC World business, or is it time to pull the plug?
-
Opinion
Out of the frying pan, into the fire
It looks as if 2008 may be the year of living dangerously for retailers.
-
News
City forecasts winners as tough 2008 dawns
Analysts face hard choices this year as they weigh up recommendations after the stock market savaging of 2007.
-
News
Carpetright: The City View
Founder Lord Harris called off his attempt to take Carpetright private just before Christmas.
-
Opinion
Grocers dominate 2007’s risers as all eyes are on January totals
Last year was a tale of two retail sectors. While grocers’ valuations – buoyed by bid speculation – raced ahead of the All Share index, general merchandisers’ stock sank by almost 26 per cent.
-
News
Ocado to push into general merchandise
Ocado, the home shopping business in which retailer John Lewis is a stakeholder, is to push into new categories including babywear and flowers.
-
News
Next to beat profit forecasts despite store sales fall
Fashion group Next suffered a 3.2 per cent like-for-like sales fall at its core stores business between July 30 and December 24, but expects full-year profits to beat expectations.
-
News
DSGi warns profit target will be missed by £50 million
Electricals giant DSGi has become the first victim of harsh Christmas trading conditions and issued a profit warning.
-
News
DSGi to close nearly a third of UK stores, analyst forecasts
John Browett, the new chief executive of electricals group DSGi, is likely to shut as many as 200 of the retailer’s 700 UK stores, broker Credit Suisse has forecast.
-
News
M&S stores to open at 6am for Sale
Marks & Spencer will open its doors at 6am on Thursday December 27 for the launch of its Sale, and the promotion will begin online at 12.01am on Christmas Day.
-
Opinion
Why Landmark is one to watch
Debenhams’ shares may have hit a record low of 75.5p on Monday, but one party sees value in the department store group.
-
News
Dunelm: the City view
Despite its value credentials, homewares group Dunelm’s share price has been among the worst hit by jittery market sentiment.