All articles by George MacDonald – Page 5
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News
Thai retail group takes control of Selfridges
Thai retailer Central Group has taken control of Selfridges following problems at partner Signa, with which it bought the famous department store in a $5bn deal.
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News
Steep fall in inflation helped by food price changes
Inflation fell to 4.6% in October, official data has shown.
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News
Asda cuts debt as focus on low prices pays off
Asda has reported a rise in quarterly sales and reduced its debt burden.
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News
Private equity group Aurelius snaps up Body Shop
Specialist beauty retailer The Body Shop has been sold to private equity group Aurelius.
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News
Lidl rolls out body cams to combat retail crime wave
Value grocer Lidl is to introduce staff body cams across its estate of almost 1,000 stores as the crime wave afflicting retailers shows no sign of declining.
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Analysis
M&S seeks better bang for its buck on digital investment
Marks & Spencer reported that in the year ahead, “we expect to see a return of stronger online growth” – so where is it placing its bets for digital investment? And what does it want in return?
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Opinion
‘Asda sets itself challenge with “second-biggest supermarket” ambition’
Asda has Sainsbury’s in its sights following the completion of its takeover of EG UK as it seeks to move into second place in the grocery league table.
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News
John Lewis ‘rewrites Black Friday rule book’
Department store group John Lewis has launched its Black Friday promotion earlier than usual to cater to customers shopping early for Christmas.
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Video
Watch: M&S unveils ‘humorous and irreverent’ Christmas ad
Marks & Spencer has released its clothing and home Christmas ad with a humorous take on the “honest truth” of Christmas.
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News
Asda acquires EG and pledges price cuts
Asda has completed its purchase of forecourt retail giant EG Group at an enterprise value of £2.07bn. It vowed the deal will mean lower fuel and grocery prices “for millions”.
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News
Fortnum & Mason back in EU for first time since Brexit
Luxury department store Fortnum & Mason has launched a dedicated EU website, enabling it once again to cater for customers in the trade bloc in the wake of post-Brexit challenges.
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News
Body Shop enters exclusive sale talks with Aurelius
Private equity house Aurelius is in exclusive talks to acquire health and beauty retailer The Body Shop, which is being sold by owner Natura &Co.
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News
Embattled Asos considers sale of Topshop
Online fashion specialist Asos is examining the possible sale of the Topshop brand, which it bought three years ago, as boss José Antonio Ramos Calamonte seeks to turn around the core business.
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News
Frasers offloads Missguided to Shein and eyes Wiggle deal
Frasers Group has sold Missguided’s intellectual property to online fast fashion giant Shein and flagged the potential for future collaboration between the pair.
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News
Wilko returns to the high street as The Range owner plans ‘aggressive’ store rollout
Wilko shops on high streets and retail parks are to be opened by the brand’s new owner with the first five branches trading in time for Christmas, Retail Week can reveal.
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Opinion
‘Stores will be stars again this Christmas as they play to strengths’
A post-pandemic bounceback by stores is likely to continue at Christmas, powered by their experiential and omnichannel appeal.
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News
ScS posts ‘resilient’ results as current trading ‘toughens’
Profits at sofas retailer ScS edged down last year and the retailer reported that the trading environment has been harder in the first quarter of the new financial year.
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News
Asos delays results and confirms full-year loss
Online fashion specialist Asos has delayed its full-year results for a week.
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Gallery
Jollyes puts value for money and service centre stage in store
Key appeals such as value and staff expertise are at the forefront of Jollyes’ store in Stockton-on-Tees, County Durham, where new initiatives are also being tried out.
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News
John Lewis turns to Tesco for new brand and experience boss
John Lewis has turned to Tesco to recruit a new head of brand and store experience.