All articles by George MacDonald – Page 6
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AnalysisFive innovative crime-busting ideas to address the shop theft scourge
High levels of crime have plagued retailers for years, prompting a wave of investment in staff safety and theft reduction – but there is more to do.
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NewsCard Factory ‘on track’ despite challenging conditions
Greetings cards specialist Card Factory expects to meet revised profit targets despite a fall in store sales over Christmas.
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NewsAldi unveils annual store opening plans
Discount grocer Aldi has revealed store estate expansion ambitions for this year and associated investment.
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NewsPets at Home suffers quarterly sales fall
Pets at Home has reported a decline in quarterly sales but said it will still meet full-year profit expectations.
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NewsDebenhams Group posts trading ‘above expectations’
Online fashion and beauty player Debenhams Group expects full-year earnings to beat expectations after trading strongly, and will no longer sell its PrettyLittleThing business.
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NewsPoundland posts earnings rise as turnaround strategy takes hold
Value retailer Poundland has posted an improved performance in its Christmas quarter as it enacted a recovery plan, Retail Week can reveal.
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Opinion‘Rising screentime concern presents retail opportunity for some’
A possible social media ban on under-16s is symptomatic of wider concerns about time spent online. A shift away from ‘peak screen’ may benefit some retailers, observes George MacDonald
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NewsNext snaps up footwear specialist Russell & Bromley
Fashion giant Next has bought the brand and other assets of footwear retailer Russell & Bromley in a pre-pack administration deal.
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NewsFreemans’ owner canvasses buyer interest
International retail giant Otto Group is soliciting buyer interest in its Freemans online business, Retail Week can reveal.
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NewsIconic department store group Saks files for bankruptcy protection
Saks, one of the most famous retailers in the world, has sought Chapter 11 bankruptcy protection as it seeks to establish “a strong and stable future”.
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NewsFortnum & Mason beats tough market to post profit surge and strong Christmas
Food specialist Fortnum & Mason has unveiled a strong financial performance, “despite challenging times for consumers in the UK and beyond”.
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NewsShoe Zone suffers fall in profits in challenging year
Shoe Zone has reported lower full-year profits and cautioned that the new financial year is off to a tough start.
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NewsTHG ‘finishes year on a high’ as seasonal sales climb
Health and beauty retailer THG has posted “strong” sales in the final quarter of its financial year.
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NewsThe Entertainer posts Christmas sales rise despite shoppers trading down
Toy specialist The Entertainer has reported an increase in sales over the festive period, although its average transaction size edged down.
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AnalysisTakeaways from Tesco and Sainsbury’s strong Christmas showing
Tesco and Sainsbury’s, which both updated on Christmas trading this week, were seasonal winners as the two food giants won market share in a highly competitive environment.
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Opinion‘In Primark’s bleak midwinter, one guiding star gives hope’
Despite tough conditions, the UK was the standout performer as Primark’s overseas business slumped. Applying lessons learned at home internationally should help the retailer recover, believes George MacDonald
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AnalysisMarks & Spencer Christmas trading – the City reaction
Marks & Spencer’s Christmas trading update is always among the most anticipated in the industry. How did City analysts view performance?
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NewsPrimark reins back expectations after sales in Europe plunge
Value clothing giant Primark has reported tough trading overseas, prompting it to cut sales growth expectations and hit profitability.
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NewsTopps Tiles ‘outperforms’ market as sales rise
The eponymous business achieved a 2% increase in like-for-likes in the first quarter to December 27, helped by a 3.7% advance in its trade business and category extensions. The group, which notched up record revenues in its last financial year, posted revenue growth of 3.7% year ...
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AnalysisExplainer: What is the Zeos platform and how is it helping Next achieve success?
Fashion power Next traded strongly over Christmas, and flagged the benefit of its move onto the Zeos platform as a contributor to success.