All articles by George MacDonald – Page 169
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NewsWider adoption of contactless payment likely following Post Office deal
Wide implementation of contactless payment took a leap forward after the Post Office said it is to become Europe’s largest adopter of the payment system.
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NewsData: Forecast scaled back for Olympic growth
Retail sales growth during the Olympics is likely to be lower than originally expected but will exceed historical averages, the latest Opera Solutions Retail Predictor for Retail Week shows.
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OpinionAsos: The online giant continues to reward investors
As the recriminations continue following Facebook’s botched IPO, there is one online business that carries on rewarding investors – Asos.
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NewsMonsoon's Ridler to head Russian retail giant
Monsoon managing director Peter Ridler is to become chief executive of Russian footwear retail giant CentrObuv, Retail Week has learned.
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InterviewRetail refinancings: Q&A with Barclays head of retail Richard Lowe
As Dixons and LK Bennett refinance, we talk to Barclays head of retail Richard Lowe about the lending climate for retailers.
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NewsDixons extends £300m credit facility
Electricals giant Dixons has extended a £300m revolving credit facility for two years.
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NewsM&S latest retailer to slow down store expansion
Marks & Spencer has become the latest retailer to switch the lights to amber on UK store expansion plans as punishing trading conditions persist and multichannel retail grows.
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NewsHilco hired to shut Birthdays and Clintons stores
Restructuring specialist Hilco has been drafted in to close Birthdays and Clintons stores
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NewsCalver: ''Give me three years to turn around Mothercare"
New Mothercare boss Simon Calver said it will take three years to turn around the troubled maternity specialist’s core UK business, which plunged into the red last year.
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OpinionTesco boss Clarke declines bonus
Tesco boss Philip Clarke set a good example to other company chiefs when he declined to take his bonus in the wake of the Christmas profit warning.
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NewsM&S presses button on new phase of store revamps as profits fall
Marks & Spencer has reported a fall in full-year profit but said strategic progress is being made and that remodelled stores are outperforming the rest of its estate.
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AnalysisGroceries Code Adjudicator: What do retailers and suppliers need to know?
The Groceries Code has ensured an adjudicator will arbitrate disputes between retailers and suppliers.
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NewsFrench Connection warns on profits
Fashion group French Connection has issued another profit warning after sales went into tailspin in the first three months of the year.
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OpinionWill Bolland's initiatives shape up for M&S?
Next week brings the main opportunity to find out how Marc Bolland’s strategy at Marks & Spencer is progressing when the retail bellwether posts full-year results.
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NewsM&S launches Simply M&S food range with value focus
Marks & Spencer is aiming to boost its food basket size with the introduction of a new brand, Simply M&S, which offers everyday food and kitchen cupboard staples at competitive prices.
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NewsClinton Cards boss exits as WHSmith considers bid
The administrators of Clinton Cards have ousted chief executive Darcy Willson-Rymer, it is understood, and WHSmith may enter the fray for control of the retailer.
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AnalysisDixons: A tale of two Europes
Dixons’ trading statement showed divergent trends across Europe but the electricals giant looks well palced for the future.
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NewsDixons profits to come in at top of range
Profits at electricals group Dixons are expected to come in at the top end of expectations and the retailer’s new financial year has begun strongly.
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OpinionHMV's fortunes are looking up
Entertainment group HMV’s shares were top of the pops last week as it flagged a likely return to profitability this financial year.
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NewsNew Look close to deal on debt terms
Fashion retailer New Look is poised to take another step forward in its refinancing, it is understood.