All articles by George MacDonald – Page 175
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NewsBleak sales growth adds to retail woe
It was another frustrating week for investors in retail companies as food and general merchandise groups put in a lacklustre showing versus a wider market advance.
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NewsSale on cards as profits rise at food specialist Abel & Cole
Profits have surged at grocery home shopping specialist Abel & Cole and the retailer could be put up for sale next year.
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NewsRecord online demand at John Lewis
Sales at John Lewis department stores are up 3.7% so far this week, helped by the biggest ever day of online demand on Monday.
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NewsKesa chiefs confident of Comet sale
Directors of electricals group Kesa are confident that the sale of UK business Comet will go ahead as planned.
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NewsFor sale sign raised over Blacks
Outdoor specialist Blacks Leisure has put itself up for sale after concluding that previous fundraising plans were unrealisable, but investors may get nothing from a disposal.
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NewsBig Price Drop affects Tesco market share
The impact of Tesco’s Big Price Drop has resulted in less cash going through the grocery giant’s tills but more shoppers, market monitor Kantar has reported.
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OpinionLook hard enough, and retail’s glass is half full
The Chancellor’s Autumn Statement will have prompted a brief sigh of relief from retailers.
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NewsStore stocks tick up as consumers fret
Store stocks of all types ticked up over the week as the market overall improved, but general retailers still significantly lag the All-share index over the year.
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AnalysisBuilding a global empire
Fashion tycoon Sir Philip Green is seeking out new growth opportunities despite harsh trading conditions at home. George MacDonald reports.
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NewsPublic sector strike prompts surge in shopping
Yesterday’s public sector strikes brought retailers a fillip as many people took advantage of a day off work to go shopping.
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NewsB&Q third quarter profits surge, helped by Indian summer
Profits at DIY giant Kingfisher, owner of B&Q, surged in the third quarter as the group benefited from self-help measures such as more direct sourcing and common ranging.
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NewsJacques Vert warns on profits
Occasionwear specialist Jacques Vert has warned on profits after unseasonably warm weather and weak consumer confidence took a toll.
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NewsBlacks warns on profits as consumers cut spending
Embattled specialist retailer Blacks Leisure has issued a profit warning but insists it still has the support of its bankers.
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NewsArcadia takes margin hit as it shoulders VAT rise
Topshop-owner takes heart from young fashion, online and overseas despite fall in profits
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NewsStore sector suffers as market plummets
Store stocks took a pummelling over the week although they did not fall as steeply as the wider market.
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OpinionRetail needs a break from the politicians
When is a plastic bag not just any old plastic bag? The answer apparently is when its purpose is to protect what’s inside rather than simply to carry stuff home.
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NewsRivals woo M&S fashion boss Bostock
Marks & Spencer’s general merchandise executive director Kate Bostock is in the frame for top jobs with other retailers who are attempting to woo her away from the high street giant.
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Opinion
Less is more for the consumer this Christmas
As retailers bite their nails as the Christmas trading season gets into full swing, last week brought an insight into how consumers are likely to behave.
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NewsJohn Lewis reports rising spend on Christmas goods
Sales of Christmas lines have soared at John Lewis department stores this week but the retailer warned that trading conditions generally remain harsh.