All articles by George MacDonald – Page 277
-
News
Next: signs of improvement close
An end to declining like-for-likes is in sight at fashion group Next, broker JP Morgan believes.
-
Opinion
Delta stumbles at the last hurdle
Hope may have been allowed to triumph over experience in the long-running bid for Sainsbury’s by Qatari-backed Delta Two.
-
News
M&S store makeovers to lift Christmas sales
Industry bellwether Marks & Spencer is likely to reap the benefits from its store modernisation programme this Christmas.
-
News
Merchant Equity circles Kesa’s furniture chain
Private equity house Merchant Equity Partners is poised to buy French furniture chain BUT from Kesa for more than 400 million ( 278.2 million).
-
News
US bond issue first for Tesco
Supermarket giant Tesco has raised US$2 billion ( 967.7 million) in its first bond issue in the US.
-
Opinion
Making sense of the last seven days
Fashion tycoon SirPhilip Green was typically straightforward yesterday when he issued results for hisArcadiafashion group.“A very creditable performance when set against the background of one of the worst non-summers in many years,” was his verdict.Although he is not taking a dividend, Green did manage to nudge up operating profits and ...
-
News
Merchant Equity circles Kesa’s furniture chain
Private equity house Merchant Equity Partners is poised to buy French furniture chain BUT from Kesa for more than 400 million ( 278.2 million).
-
News
Sports Direct names new board members
Mike Ashley’s Sports Direct business has confirmed the departure with immediate effect of independent non-executive director Chris Bulmer and named two new non-executives.
-
News
Kingfisher and DSGi shares drop as Debenhams revives fortunes
A swathe of updates, deal gossip and big swings in share prices characterised the week.
-
News
Exclusive: Independent non-exec to quit Ashley's Sports Direct
Speculation is mounting that Sports Direct’s independent non-executive director Chris Bulmer will resign today.
-
News
Argos drives Home Retail profits up
General merchandise to DIY group Home Retail has posted a surge in first-half profits, powered by the Argos catalogue store chain.
-
News
Baugur fashion brands head for Germany
Icelandic investment firm Baugur is to open 300 shops in Germany after striking a joint venture agreement with entrepreneur Kristinn Gunnarsson.
-
Opinion
How long can Swann work magic?
Retail has its fair share of conjurors, but WHSmith chief executive Kate Swann must be the sorceress supreme.
-
News
Grocers stay ahead of the game as sector takes turn for the worst
General retail’s rally of the past few weeks hit the buffers as stores badly lagged in the All Share once again. Grocers outperformed, driven by Tesco’s bullishness and bid hopes for Sainsbury’s.
-
News
Instore slashes losses in first half
Variety store group Instore has halved its losses in the first half to August 25, but does not expect the benefits of its improvement strategy to have a full impact until next year.
-
News
Home Retail: the city view
Home Retail, owner of Argos and Homebase, preceded next Wednesday’s first-half figures with the acquisition of 27 stores from Focus DIY for 40 million.
-
News
Boden backer hits jackpot as it exits business
Private equity group Piper has sold its stake in home shopping retailer Boden for 30 times what it invested originally.
-
NewsFocus store disposals to raise £68 million
DIY group Focus is to sell 41 stores for a total of £68 million as it undergoes a restructure, following its acquisition in July by investment firm Cerberus.