All articles by George MacDonald – Page 83
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NewsDFS suffers sales fall but reassures on profits
DFS has reported a decline in sales but should hit earnings expectations despite tough trading conditions.
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NewsBoohoo sales rocket over Christmas
Online fashion specialist Boohoo has posted a strong Christmas sales performance.
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NewsShop Direct rebrands to The Very Group as it prepares for new phase of growth
Online giant Shop Direct has formally rebranded as The Very Group today as it prepares for the next stage of its transformation.
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AnalysisAnalysis: Department store Darwinism – how the fittest thrive
Department stores have suffered a dismal few years. Once-loved names such as Debenhams and House of Fraser are in the emergency room after their administrations and profits have evaporated at bellwether John Lewis.
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AnalysisJohn Lewis: As Nickolds exits, is Sharon White entering a disaster zone?
When new chair Dame Sharon White walks through the doors of John Lewis Partnership’s headquarters for the first time next month, she will not be welcomed by all the members of the executive team she expected.
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NewsJohn Lewis boss Paula Nickolds exits and Christmas sales fall
Total sales at John Lewis department stores and sister grocery specialist Waitrose slipped over Christmas and longstanding director Paula Nickolds is to leave.
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NewsTopps Tiles posts quarterly sales fall
Topps Tiles has reported a decline in like-for-like sales in its first quarter, when political uncertainty hit trade.
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NewsShoe Zone suffers profit fall after tough year
Shoe Zone has posted a fall in annual profits and hit out at the burden of business rates.
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NewsGreggs celebrates strong end to ‘exceptional year’ with staff pay-out
Food-on-the-go specialist Greggs has posted a strong fourth-quarter performance and full-year profit will be ahead of expectations.
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NewsSainsbury’s sales edge down over Christmas as general merchandise hit
Sainsbury’s has reported a fall in sales over the Christmas quarter, when strong food sales were undermined by a decline in general merchandise.
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NewsFormer Debenhams boss Bucher joins German retail giant Otto
Sergio Bucher, the former chief executive of department store group Debenhams, has joined German retail powerhouse Otto Group as executive board member, brands and retail.
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AnalysisAnalysis: Next boss Wolfson’s Christmas trading takeaways
Next boss Lord Wolfson discusses why 2020 will be a groundhog year, how Black Friday didn’t kill the Boxing Day Sales and signs that the shift from stuff to experience may be easing.
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NewsMarks & Spencer appoints interim finance chief
Marks & Spencer has appointed David Surdeau to oversee its finances until a permanent chief financial officer is appointed.
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NewsCo-op unveils online expansion and vegan products push
The Co-op is extending its online reach with the roll-out of same-day delivery services accompanied by the launch of a vegan range.
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NewsEthical spending surges to record heights
Consumer spending on ethical products has rocketed over the last two decades, outpacing wider household expenditure.
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NewsRetail industry forecast to grow in 2020
Retail is expected to grow 1% in the new year, helped by post-election political stability that should boost consumer confidence.
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NewsNext saviour Sir David Jones dies
Sir David Jones, credited for saving Next from collapse, has died aged 76.
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NewsFashion retailer Joy on brink of collapse for third time
Joy, the fashion and accessories specialist, looks likely to plunge into administration and become the first retail collapse after Christmas.
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NewsRetail job losses reach highest level in more than two decades
Almost 150,000 retail jobs were lost in 2019 as the industry battled high costs and changing shopping habits.
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NewsRetailers recognised in New Year Honours List
Retailers in fields ranging from fashion to grocery and health and beauty were recognised in the New Year Honours list.