All articles by George MacDonald – Page 6
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News
Kingfisher cuts profit forecast as tough trading conditions bite
DIY giant Kingfisher has slashed full-year profit expectations after facing harsh trading conditions, particularly in overseas markets.
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Analysis
John Lewis Partnership: Transformation is delayed, but has any recovery progress been made?
Interims from the John Lewis Partnership were a mixed bag, following a period when the retailer generated headlines for sometimes controversial reasons, such as potentially bringing in external investors.
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Opinion
‘Time to address crime or face a US-style retail flight from troubled towns’
Right across the retail spectrum, from value shops to department stores, indies to chains, the blight of crime is increasingly being felt.
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News
Superdry shares suspended as results delayed
Shares in fashion retailer Superdry have been suspended as full-year results were delayed.
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News
The Works posts profit fall but says strategy bearing fruit
Crafts, toys and books retailer The Works has posted a fall in full-year profits but said current trading is in line with expectations.
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News
M&S opens Wembley Stadium stores alongside healthy eating campaign
Marks & Spencer has opened two stores in Wembley Stadium and launched a grassroots football healthy eating campaign as it builds upon its partnership with the home nations’ football associations, following the women’s World Cup.
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Opinion
‘Wilko’s demise doesn’t mean the death of the high street’
The collapse into administration of Wilko has been seen as symbolic of an ongoing ‘death of the high street’ as the town centres in which it mainly operates face the prospect of yet more shuttered stores – some in places where former Debenhams or Topshop stores may still stand empty since they toppled.
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News
Sainsbury’s and Mountain Warehouse join campaign to axe period pants tax
Grocer Sainsbury’s and outdoor clothing specialist Mountain Warehouse have become the latest retailers to lend their support to a campaign to scrap VAT on period pants.
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News
‘Genuine grounds for hope’ on Wilko, GMB union believes
There are “genuine grounds for hope” that a buyer will take over all or part of bust retailer Wilko, according to the GMB trade union.
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Opinion
‘As the M&S-backed Lionesses march on, the retailer is in contention for the customer cup’
In the week where England’s Lionesses kicked some important goals, so did Marks & Spencer – a partner of the England women’s team.
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News
Moderating food price rises contribute to lower inflation rate
The rate of inflation fell in July, helped by lower food price growth.
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News
EG Group offloads bundle of US convenience stores
Forecourt retail specialist EG Group is to sell a bundle of convenience stores in the US.
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News
Harrods sales and profits climb in post-pandemic bounceback
Luxury department store Harrods has reported strong sales and profit growth after its landmark Knightsbridge store returned to normal trading after the pandemic lockdowns.
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News
Marks & Spencer calls on government to end VAT on period pants
Marks & Spencer has urged the government to remove VAT applied to period pants and has launched a petition for a parliamentary debate on the issue.
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Opinion
‘John Lewis’ ambition to marry humans and AI is the retail holy grail’
John Lewis Partnership has become the latest retailer to focus on the potential of AI following a new tie-up with Google.
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News
Police dispersal order in place on Oxford Street amid TikTok crime-spree fears
Oxford Street, one of the country’s main shopping destinations, is subject to a dispersal order and police have stepped up their presence following concern over a potential ‘mass shoplifting’ event publicised on social media site TikTok.
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Analysis
Flexible working is creating opportunities for M&S store leadership teams
As Marks & Spencer embarks on a round of high-profile store openings, its flexible work approach is creating opportunities for people to progress in their careers while balancing that with other commitments.
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News
Card Factory upgrades profit expectations
Card Factory has raised earnings expectations after a strong first half.
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News
Wilko would need £70m investment from a new owner
Wilko, which is teetering on the edge of administration, would need investment of £70m from any new owner.
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News
AllSaints posts record results as product focus pays off
Fashion retailer AllSaints has reported its best-ever annual sales and profits.