All articles by George MacDonald – Page 188
-
OpinionGeneral retailers defy market and bad news
Retailers may have gone down like dominoes over the week but despite the slew of bad news publicly quoted general retailers were up versus the market generally.
-
NewsConsumer confidence back on the slide
Consumer confidence suffered a setback in June after a big leap in May.
-
NewsHMV chiefs outline new vision after awful year
HMV chiefs have reaffirmed their faith in the retailer after a terrible year, and set an operating margin target of between 3% and 4%.
-
NewsDebenhams beats high street blues with like-for-likes rise
Department store group Debenhams has confounded harsh high street conditions and expects full year profits to meet expectations.
-
NewsThe Hut drafts in IPO advisers
Online retailer The Hut, which is chaired by former Matalan chief executive Angus Monro and in which Sir Stuart Rose and Sir Terry Leahy are investors, is poised to name advisers ahead of a potential IPO.
-
NewsM&S launches earlier summer Sale
Retail bellwether Marks & Spencer launched its seasonal Sale today, a fortnight earlier than last year.
-
NewsEdinburgh Woollen Mill acquires Jane Norman but 33 stores to shut
Edinburgh Woollen Mill has bought the Jane Norman brand and 33 stores from administrator Zolfo Cooper.
-
NewsDFS beats harsh trading conditions to post profits rise
Sofas specialist DFS has bucked the dismal furniture market trend to post a rise in EBITDA and flat sales in its most recent nine months’ trading.
-
NewsJane Norman in administration
Zolfo Cooper has been drafted in as administrator of fashion group Jane Norman.
-
NewsIceland's Walker in talks with Goldman Sachs for deal finance
Iceland tycoon Malcom Walker is in talks with Goldman Sachs about backing his efforts to retain control of the frozen foods specialist.
-
NewsOcado posts first interim pre-tax profit and strikes deal with Carrefour
Online grocer Ocado has reported pre-tax profitability in its first-half and struck a deal with French giant Carrefour to distribute selected goods in the UK.
-
NewsJohn Lewis weekly sales rise almost 8%
Department store chain John Lewis enjoyed its best trading of the half-year so far last week, when sales rose 8.6% to £57m.
-
News‘No silver bullet’ for Comet
Electricals retailer to press ahead with turnaround strategy as options for business are considered
-
OpinionBetting on Dunkerton
It was a big day last week for fashion specialist SuperGroup when the City’s scribblers descended on Cheltenham for a bit of speed-dating with the management.
-
NewsInvestors should drop idea of UK Retail plc, says analyst
Investors should abandon the idea of ‘UK Retail plc’, a label which has outlived its usefulness, Peel Hunt analyst John Stevenson has argued.
-
NewsVast contrast typifies results across retail
Food and general retailers alike lagged a flattish market as updates and sector data showed sharply divergent performances from store groups.
-
NewsSuperGroup reports business 'on track' and confirms Regent Street opening
Fashion retailer SuperGroup reported that retail sales have improved in the last three weeks and are running overall at about the same level as in the fourth quarter, when they rose 39%.
-
NewsCity speculates on Abercrombie bid for SuperGroup
US retailer Abercrombie & Fitch may be interested in acquiring trendy fashion retailer SuperGroup, City speculators believe.
-
NewsJohn Lewis fashion sales leap as prices cut
Department store chain John Lewis generated strong fashion sales last week as it price-matched rivals’ promotions.
-
NewsCity takes dim view of retailers’ mixed results
General retailers and grocers alike were down as a wide range of stores reported a mixed trading picture.