All articles by George MacDonald – Page 191
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NewsKesa considers disposal of Comet
Anglo-French electricals group Kesa may sell loss-making UK chain Comet and delist its shares from the London Stock Exchange.
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NewsProfits climb at Alliance Boots
Retailer and wholesaler Alliance Boots has reported surging sales and profits.
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OpinionCheshire’s grinning
The demise of Focus, pancaked under a pile of debt, brings long-expected consolidation in the DIY sector and a big beneficiary will be Kingfisher.
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AnalysisThinking outside the box
Not everyone is convinced Best Buy Europe’s big-box stores in the UK will be a success, but the retailer insists the market is missing the bigger picture. By George MacDonald
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NewsM&S strengthens food team with creation of new trading boss role
Marks & Spencer has restructured its senior food team, promoting Andy Adcock to the newly created role of trading director for food.
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NewsCarphone trials in Best Buy stores while Comet’s problems deepen
Best Buy Europe has introduced the Carphone Warehouse brand into one of its big-box stores for the first time.
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NewsBrokers urge caution as retailers beat the market
Store stocks strongly outperformed the All-share index as the latest BRC data showed a sales surge in April, when grocers and some general retailers benefited from sunny weather and bank holidays.
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NewsComet like-for-like sales plummet 15.2%
Electricals retailer Comet suffered a 15.2% plunge in like-for-like sales in its final quarter, bringing the full-year fall to 7.7%.
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NewsLike-for-like sales jump 5.2% in April, the BRC reports
Like-for-like sales leaped last month as sunny Easter weather and the royal wedding boosted sales.
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AnalysisKevin Hawkins
Never far from the action, Kevin Hawkins has eschewed retirement on the golf course for the chance to head up a new Government retail taskforce. George MacDonald finds out why.
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Opinion
N Brown overlooked
While the etail era has made online outfitter Asos a share price star, another retailer well placed to benefit from changing shopper habits has been overlooked.
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NewsCity expecting better news from retailers
A downbeat assessment of retail conditions from the CBI on Tuesday unsettled investors but just a day later fashion bellwether Next posted a better than expected first quarter, helped by warm weather.
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NewsThe Hut gears up for float with adviser beauty parade
Online retailer backed by Rose considering IPO to capitalise on growing appetite for digital stocks.
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NewsM&S raids Mars and John Lewis to fill key roles
Marks & Spencer has strengthened its senior management with two key appointments.
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NewsM&S deputy chairman Michels to stand down
Marks & Spencer deputy chairman Sir David Michels, who led the search for a successor to Sir Stuart Rose as chief executive, is to stand down in February 2012.
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NewsBest Buy Mobile powers Carphone Warehouse fourth quarter performance
Carphone Warehouse has posted strong fourth quarter growth, powered by its Best Buy Mobile venture in the US.
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NewsTesco shares down but brokers confident
Grocery and general merchandise giant Tesco edged down as the market digested the first set of results delivered by new boss Phil Clarke.
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NewsAlexon returns to profit
Fashion group Alexon has returned to full-year profitability and named David Adams chairman.
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NewsPeacocks calls on Leighton
Former Asda chief executive Allan Leighton in frame to become chairman of value fashion group.
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NewsArgos pushes new products in a bid to combat tough trading
Multichannel general merchandise giant Argos is to move into new product categories as it chases growth in tough trading conditions, which led to a plunge in profits.