All articles by George MacDonald – Page 3
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News
Retailer pain from volume hit to December sales, ONS reports
Retail sales advanced by value in December but volume slid, official data shows.
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Opinion
‘Big changes at Sainsbury's hint at next strategic phase’
As Sainsbury’s prepares for a strategy update to the City at the start of next month, some big developments hint at what may be expected
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News
Marks & Spencer unveils ‘biggest ever’ investment in Scottish stores
Marks & Spencer is to invest £30m to open or expand shops in Scotland.
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Interview
Woolworth boss Roman Heini has UK return 'on bucket list'
CEO Roman Heini is leading the expansion of Woolworth Germany at home and abroad, and says Britain is on his bucket list of destinations.
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Analysis
Peter Ruis: the John Lewis returnee charged with reviving the famous department stores
“I joined when it was a rejuvenation story. It worked very differently then. It had an amazing brand and an amazing heritage, but people used to criticise it for being dull and cold. It’s easy to forget that now.”
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Opinion
‘Boss Stuart Machin pumps up the volumes at Marks & Spencer’
A focus on volumes and what drives them helped Marks & Spencer take a place on the Christmas winners’ podium and will mark out retail’s winners more generally, writes George MacDonald
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News
John Lewis drafts in new department stores boss
John Lewis Partnership has appointed former staffer Peter Ruis to run its eponymous department store business.
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News
Marks & Spencer: ‘No clothing price increases this year’
Marks & Spencer has signalled that it does not intend to increase apparel prices in 2024.
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News
Shoe Zone profits rise following strong key period trading
Shoe Zone has posted a rise in full-year profits after ”strong and consistent results throughout the key trading periods.”
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News
B&M sales rise on back of strong general merchandise volume
Value group B&M has reported an increase in sales over the third quarter.
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Opinion
‘Retail updates so far offer reasons to be cheerful in the new year’
As the Christmas decorations start to come down, the retail trading statements have started to flood in.
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Interview
Andy Higginson on speaking up for retail at the next election
As industry veteran Andy Higginson takes his seat as the new chair of trade body the BRC, he talks to Retail Week about his desire to make the voice of a great industry heard as loudly as possible in the corridors of power.
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Opinion
‘Not just for Christmas: retail’s season of goodwill lasts all year’
Retailers may make a lot of their money at Christmas, but for them, the season of goodwill lasts all year round as they contribute in a wealth of ways to the communities and consumers they serve.
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News
Superdry warns on profits as tough trading conditions and weather take toll
Fashion retailer Superdry was warned that profits will be lower than expected after trading ”significantly below management expectations”.
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Opinion
‘“No change” may be as good as it gets for retail this Christmas’
Shoppers are spending – but selectively. As retail’s golden quarter nears its crescendo, that was one of the messages from Currys chief executive Alex Baldock as the electricals giant revealed first-half results.
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Opinion
‘Wilko was killed by inertia, not Liz Truss’ chaotic mini-budget’
’Retail is detail’ must be one of the oldest mantras in the industry but, sadly, Lisa Wilkinson wasn’t across it.
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News
Greggs serves up ‘fine dining bistro’ in Fenwick flagship
Snacks specialist Greggs, famous for its sausage rolls and steak bakes, is to open a “fine dining bistro” in department store group Fenwick’s Newcastle flagship.
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News
Pets at Home to launch 'step change' app and website
Pets at Home is to unveil an upgraded app and website in the new year that will deliver a “step change” as the retailer burnishes its omnichannel credentials.
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News
Asos ditches bonus scheme diversity targets
Fashion retailer Asos has abandoned diversity targets in its annual executive bonus scheme as it prioritises profitability.
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News
Revolution Beauty founder in £3m repayment talks
Revolution Beauty founder Adam Minto is in talks about repaying almost £3m to settle claims that he breached fiduciary duties to the retailer.