All articles by George MacDonald – Page 89
-
VideoWhy Next's boss thinks no-deal Brexit will mean lower prices
As Next unveils its half-year results, the team discuss boss Lord Wolfson’s assertion that the clothing retailer would be able to cut prices by 2% in the event of a no-deal Brexit.
-
NewsRiver Island profit halves as it ramps up investment
River Island has posted a steep fall in earnings after ploughing cash into improving the business to ensure it is future-fit.
-
NewsIceland to launch ‘plastic free Christmas’ range
Iceland is to unveil a dedicated plastic-free Christmas range for the golden quarter as it seeks to drive forward the retail industry’s sustainability agenda.
-
NewsGrocery market returns to growth as Lidl leads pack
The grocery market returned to growth in recent weeks, when value player Lidl generated the greatest sales rise among bricks-and-mortar retailers.
-
NewsOcado sales rise as joint venture with Marks & Spencer goes live
Ocado Retail, the newly formed joint venture between the online grocer and Marks & Spencer, has posted an increase in quarterly revenue and orders, but the average order size edged down.
-
NewsFrench Connection cuts losses and extends sale process
French Connection has reported reduced first-half losses and extended its strategic review and formal sale process for a second time, until the end of the financial year.
-
NewsAsda profits surge as price and quality focus pays off
Asda has reported a rise in annual profits as improvement initiatives at the Walmart-owned grocer bore fruit.
-
VideoWatch: Would FTSE 100 relegation spell disaster for M&S?
As Marks & Spencer teeters on the brink of relegation from the FTSE 100 for the first time in its history, the team discuss what impact it could have on the high street bellwether.
-
NewsPrimark to train 160,000 farmers in sustainable cotton production
Primark is to train 160,000 cotton farmers in China, India and Pakistan in environmentally friendly farming methods in its latest sustainability initiative.
-
NewsTed Baker strikes Japanese licensing deal to drive growth
Ted Baker is to license its Japanese business, which at present is directly operated, to local partner Sojitz Infinity.
-
NewsWHSmith posts strong full-year travel performance
WHSmith has reported strong trading at its travel division and performance in line with expectations at its high street arm.
-
NewsMoonpig drafts in Kate Swann as chair
Former WHSmith chief executive Kate Swann is to join online greetings card specialist Moonpig Group as chair.
-
NewsFarfetch denies Barneys acquisition speculation
Online fashion specialist Farfetch has dismissed a report that it was considering acquiring bankrupt US department store business Barneys.
-
OpinionLeader: Time for shareholder interests to take a back seat
Running companies primarily in the interests of shareholders is a business sacred cow that it is perhaps time to put out to grass.
-
AnalysisConfused by conflicting retail stats? This is the real state of play
Retail sales are falling. Or are they rising? There is a range of contrasting figures on the health of the retail market, but which tell the true story? George MacDonald investigates.
-
NewsAnn Summers wins rent deals but CVA on cards for remainder
Ann Summers has won better property terms from landlords on most of its 100 branches but the refusal of property owners to be more flexible means a CVA may be considered for those where terms have not been struck.
-
NewsReiss sales soar as investment pays off
Fashion retailer Reiss has reported a surge in first-half sales.
-
NewsMorrisons to shut four branches, jeopardising 400 jobs
Morrisons is to close four stores, putting about 400 jobs at risk.
-
VideoWatch: Is Asos' supplier squeeze a sign of desperation?
Following profit warnings earlier in the year and asking suppliers for discounts this week, Asos is under scrutiny. The team debate if boss Nick Beighton can get the etailer back on track.
-
NewsOnline sales growth slumps to ‘lowest ever’ July level
Online sales rose 4.4% year on year in July, a low for the month that dented hopes of an upturn.