All articles by George MacDonald – Page 196
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AnalysisJonathan Hart
The new chief executive of Thorntons has been drafted in to sweeten its retail sales, revamp the product offer and take a bite out of the competition.
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NewsIceland to pay £100m dividend
Frozen food specialist Iceland is expected to pay a dividend of £100m this year, its first for three years.
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NewsConsumer confidence fails to improve in February
Consumer confidence remained almost unchanged in February, following its near-unprecedented crash the previous month.
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NewsCity lukewarm on the outlook for retail
As pressure continued to bear down on general retail stocks, Nomura and Espirito Santo issued notes assessing prospects.
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NewsMarks & Spencer hires Inditex man to lead international expansion
Marks & Spencer has drafted in Inditex director Jan Heere as its international director.
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NewsRetail mourns Nigel Whittaker
The retail industry paid tribute this week to Nigel Whittaker, the former Kingfisher director who died last weekend after a long illness.
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OpinionBest Buy beats a retreat
Many of the world’s biggest retail names have been humbled when, bolstered by strength in domestic markets, they are emboldened to venture overseas.
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NewsAsda claims 'outperformance' as sales and profits rise
Grocery and general merchandise giant Asda has claimed a “return to market outperformance” after sales and profits rose.
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NewsBest Buy cuts international operations but expects UK growth
Electricals giant Best Buy is to scale back its international operations but has insisted that the UK, where it has a joint venture with Carphone Warehouse, is a growth opportunity.
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NewsFormer Kingfisher director Nigel Whittaker dies
Former Kingfisher director Nigel Whittaker died on Saturday after a long illness.
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NewsShareholders back troubled JJB Sports' £31.5m fundraising
Shareholders in troubled retailer JJB Sports have backed a £31.5m fundraising, taking the store group one step forward towards survival.
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NewsManchester council cracks down on chuggers
Manchester city council is restricting the activities of chuggers to make the city more attractive to shoppers.
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NewsWHSmith chief Kate Swann sells 27% of her shares
WHSmith chief executive Kate Swann has sold a substantial proportion of her shares in the bookseller and stationer.
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NewsJJB troubles highlight sector-wide problems
General stores once again lagged the All-Share index as the sector’s problems were put centre stage by JJB’s plans for a second CVA.
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NewsNew Dunelm chief plans multichannel push as profits rise
Value homewares group Dunelm’s new chief executive, Nick Wharton, who formally takes up the role today, is confident of continued growth despite tough trading conditions and highlighted multichannel opportunities.
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OpinionMorrisons leaps into etail age
Supermarket group Morrisons’ acquisition of online specialist Kiddicare looks like an inspired deal.
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NewsSales at Westfield London leap to £870m
Sales at the Westfield London shopping centre in White City reached £870m last year, its owner revealed.
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NewsSainsbury's chief executive King sells tranche of shares
Sainsbury’s chief executive Justin King yesterday sold 50,000 of his shares in the grocer, the latest disposal by a director in the past month.
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NewsThorntons to reshape store portfolio after profits fall
Thorntons, the chocolates specialist, is likely to reshape its store portfolio after difficult trading and warned that profits this year will be no higher than last.
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NewsNew Look's valuation halved by private equity owner
The valuation of fast fashion group New Look has been halved by private equity backers.