All articles by George MacDonald – Page 147
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NewsPrimark strikes deal with Sears for seven stores in the US
Value fashion powerhouse Primark has struck a deal with US giant Sears to lease space for seven stores in the country.
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NewsAs the Rubik's Cube turns 40 its inventor backs Tesco marketing campaign
It’s the 40th anniversary of Rubik’s cube, the puzzle created by Hungarian Ernő Rubik and Tesco’s Hungarian business made the most of the anniversary.
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OpinionAnalysis: Never mind the carpets, WHSmith's results show it is doing well
WHSmith may be the butt of sarky humour but there is little doubting the retailer’s prowess after it reported a 9% surge in profits.
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NewsLegendary investor Warren Buffett sells 245m Tesco shares
Warren Buffett has sold 245m of his shares in ailing grocer Tesco, leaving the legendary investor’s Berkshire Hathaway firm with a stake of less than 3%.
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NewsB&M Bargains hires former Asda property boss Karen Hubbard as COO
Value retailer B&M Bargains has appointed former Asda property boss Karen Hubbard as its new chief operating officer to lead expansion.
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OpinionComment: Boohoo for investors as etailer trades below IPO price?
Shares in fashion etailer Boohoo have frequently traded below the 50p placing price since listing, despite it being a growth story.
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NewsSainsbury’s slashes Nectar reward points for customers
From next year Sainsbury’s is to halve the number of Nectar reward points it offers members of the loyalty scheme.
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NewsCarrefour plans own-label sandwich shops under Bon App’ brand
Carrefour is understood to be planning to open dedicated sandwich and snack stores in France selling its Bon App’ product range.
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NewsEx-Sainsbury’s boss King warns of risk to retail from rise of localism
The rise of localism, accelerated by the Scottish independence debate, is likely to pose challenges to retailers, Justin King has warned.
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AnalysisEmerging retailer: Sportpursuit - specialist flash Sale site
Secret Sale specialist Sportpursuit, which was launched in 2011, aims to create rather than respond to online consumer demand.
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OpinionComment: Ohlsson can bring some Ikea magic to troubled Tesco
Former Ikea boss Mikael Ohlsson is swapping flat-pack furniture for the fruit and veg aisle, as a newly appointed non-exec director of troubled grocer Tesco.
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NewsBooths bids to take Christmas market share by offering nationwide delivery
Northern grocer Booths aims to take a bigger slice of the Christmas food market by offering nationwide delivery of seasonal lines.
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OpinionComment: Next’s buying changes probably insulated it from September’s heat
The North wind won’t blow. And never mind snow, there’s barely a sign of autumnal crispness in the air. It’s tough for fashion retailers.
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NewsSainsbury's issues '50p challenge' to staff to encourage customers to spend more
Sainsbury’s has issued a ‘50p challenge’ to its staff, urging them to encourage customers to spend an extra 50p per shopping trip until the year-end.
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NewsSainsbury’s axes Tesco from Brand Match and targets Asda as “value benchmark"
Sainsbury’s is to remove Tesco from its Brand March price comparison scheme from next month as it targets its efforts against Asda instead.
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NewsTesco turmoil may hit Christmas trading, City analysts fear
Tesco’s difficulties following Monday’s revelation of a £250m profit forecast overstatement may hit Christmas trading, City analysts fear.
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NewsSports Direct takes £43m put option on Tesco as leading investor cuts stake
Billionaire retail tycoon Mike Ashley’s Sports Direct has agreed a put option covering 23 million shares in troubled grocer Tesco.
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AnalysisEmerging retailers: Box Upon A Time, childrenswear personal shopper service
Shoppers have become used to weekly deliveries of boxed organic veg. Might they now be ready for monthly deliveries of specially chosen kids’ clothing?
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NewsMothercare to reveal new store designs this autumn as it bids for recovery
Mothercare will trial two new store designs this autumn as boss Mark Newton-Jones seeks to revive the retailer on the back of a £100m rights issue.
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OpinionComment: Mothercare's rights issue will allow focus on customers
Tight cost control is a retail basic but on its own it’s rarely enough to build a business and persuade the shopper to open her purse.