All articles by George MacDonald – Page 109
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NewsBrightHouse close to £220m restructuring deal
BrightHouse is poised to reveal a £220m financial restructuring through a debt-for-equity swap.
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NewsMore than 800 Asda staff face pay cut or redundancy
Asda has launched a further round of cost-cutting under which more than 800 store staff may have their pay cut or be made redundant.
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OpinionKeynote: In the age of robots, human contact will be key
In the rush to keep up with consumer habits, such as the rise of social media and consumers’ desire for convenience and speed, the industry could be overlooking one of its strongest suites in the deck – people.
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OpinionWill US retail property showdown be replicated in UK?
As retailers restructure amid harsh trading conditions and changing shopping habits, a legal judgement in the US may carry implications on this side of the pond.
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VideoThe Retail Week: Is Tesco becoming a department store?
The Retail Week team discuss this week’s shifts in the grocery sector and ask, is Tesco becoming a department store?
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NewsCo-op strikes deal with Costcutter post Palmer & Harvey
The Co-op and Costcutter Supermarkets Group have signed a five-year deal under which the mutual will become the exclusive wholesale supplier to the symbol group.
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OpinionOpinion: Get ready for more hardscrabble years
Let’s hope that a gloomy wage growth outlook from think-tank the Institute for Fiscal Studies (IFS) is wrong, because otherwise retailers potentially face years more of tough trading.
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NewsCollectPlus boss Ashworth takes on additional Yodel role
CollectPlus chief executive Neil Ashworth is to take on additional responsibilities at owner Yodel, the delivery company.
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NewsJohn Lewis invests in food and fulfilment tech start-ups
John Lewis Partnership has backed two more start-ups as part of its JLab investment programme.
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NewsMaplin bids to calm credit insurer concern after cover cut
Maplin is seeking to reassure suppliers about its financial health after credit insurers cut coverage of the electricals retailer.
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NewsBooths raises ‘for sale’ sign following tough trading
Booths, the privately owned grocer, has drafted in advisers to organise a sale.
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NewsSports Direct seeks to pay Mike Ashley’s brother £11m
Sports Direct has called a shareholders’ general meeting next month to approve an £11m payment to controversial founder Mike Ashley’s brother, John.
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NewsAlipay rival WeChat Pay goes live in UK
Mobile payment app WeChat Pay has been launched in the UK and is expected to facilitate spending by Chinese shoppers.
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NewsHarrods launches major £200m refurbishment
Harrods has started a £200m redesign to enhance its appeal to shoppers from overseas, especially those from Asia.
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OpinionWhat Alibaba can teach others about bricks and mortar
Alibaba’s vision of ‘new retail’ involves a multi-billion-dollar investment in stores that are ‘enhanced’ by data, technology and personalised services – and other retailers should take note.
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OpinionAs Black Friday nears, what’s the Christmas outlook?
As Black Friday approaches, its impact on traditional golden-quarter trading patterns may be more significant than ever.
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VideoThe Retail Week: Tesco-Booker, Co-op-Nisa and Asda sales
The Retail Week team discuss the biggest stories from the week, including the CMA’s clearance of the Tesco-Booker merger and Asda’s quarterly sales increase.
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NewsTed Baker beats tough conditions with sales rise
Ted Baker has posted a third-quarter sales rise, despite tough trading conditions in some of its markets.
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NewsTesco-Booker merger plan blasted by leading shareholder
Tesco’s planned merger with wholesaler Booker has been attacked by one of the grocer’s top shareholders.
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NewsChristmas spending to rise almost 2%, Deloitte forecasts
Shoppers are expected to increase their Christmas spending by 1.8% this year.