All articles by George MacDonald – Page 195
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NewsBrokers believe the ‘worst is over’ for M&S share price
Brokers spotted opportunity in Marks & Spencer, despite evidence that clothing and general merchandise retailers continue to suffer tough trading.
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NewsEx-Sainsbury’s head of clothing joins M&S
Former Sainsbury’s head of clothing Sara Bradley is to join Marks & Spencer as head of buying for M&S Brands within the womenswear team.
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OpinionOnly channel is multichannel
The necessity of a serious multichannel business, if anyone doubted it, was starkly illustrated in Tuesday’s BRC sales figures for February.
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NewsSports Direct gets all-clear from SFO
Sports Direct has reported that the Serious Fraud Office has dropped investigations into any individuals connected to the retailer.
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NewsFebruary retail sales worst since May 2009
Like-for-like sales fell 0.4% across the retail industry in February as shoppers kept a close eye on spending because of squeezed disposable incomes.
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NewsJohn Lewis to raise £50m through retail bond
John Lewis Partnership, owner of the eponymous department store chain and grocer Waitrose, is to raise £50m through a retail bond.
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NewsJohn Lewis reports half-term sales lift
Sales at department store chain John Lewis rose 7.2% to £54m last week, when the retailer benefited from the half-term holiday south of the border.
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NewsOddbins drafts in advisers to consider future
Wine retailer Oddbins has drafted in advisors as it considers its options amid tough trading conditions.
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NewsOcado sales surge in first quarter
Online grocer Ocado has posted a sales surge in its first quarter, when its average basket size fell as shopping frequency increased.
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OpinionM&S machine cranks into gear
Marks & Spencer’s appointment of Inditex’s Russian boss Jan Heere as international director, and the poaching of Laura Wade-Gery from Tesco as ecommerce supremo, should benefit the retailer in subtle as well as obvious ways.
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NewsHMV expected to consider an emergency rights issue
Disposal of Waterstone’s also a possibility following fourth profit warning by parent since last autumn
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NewsSales slowdown at Primark sparks City retail sector fears
Value fashion powerhouse Primark sounded a warning that shoppers have been reluctant to open their purses since the start of the year, knocking City sentiment towards retailers.
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NewsGloomy outlook as retail takes a bad turn
Primark’s unsettling update and a profit warning from HMV put the frighteners on retail sector investors and general stores were sharply down against a flat market.
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NewsAlworths in the balance?
Future unclear for ‘son of Woolworths’ as founder resigns as director and restructuring looms.
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NewsB&Q to invest £35m in multichannel operations
Market leading DIY retailer B&Q is to spend £35m improving its online business.
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AnalysisRetail in the Middle East and North Africa
Despite unrest and revolution, the emerging markets of the Middle East and North Africa still hold appeal to retailers, but is it worth the risk?
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NewsInflation boosting grocery sales, Nielsen reports
Grocery volumes have been subdued in recent weeks, when supermarket sales were helped by inflation.
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NewsHMV warns on profits
Entertainment group HMV has issued a profit warning after continued tough trading.
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NewsPrimark reports tougher trading
Value fashion giant Primark has reported a slowdown in demand, signalling how tough high street trading has become since the start of the year.