All articles by George MacDonald – Page 199
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NewsAmazon agrees takeover of Lovefilm
Online giant Amazon has agreed the full acquisition of film rental specialist Lovefilm.
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NewsCath Kidston appoints new managing director as sales surge 52%
Fashion and homewares specialist Cath Kidston has appointed former Habitat chief executive Mark Saunders as managing director and reported strong Christmas trading.
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NewsMarks & Spencer launches Plan A fashion range
Marks & Spencer has unveiled a Plan A-inspired fashion capsule collection for its Indigo range.
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NewsChange Capital among bidders for Bathstore
Change Capital, the private equity firm run by former Marks & Spencer boss Roger Holmes, is among those bidding for Bathstore.
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NewsMassmart shareholders approve Walmart deal
South African retailer Massmart’s shareholders have approved a $2.39bn tie-up with Walmart.
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NewsMarks & Spencer joins location-based marketing scheme
Marks & Spencer has joined telecoms firm O2’s ‘You are here’ location-based marketing service, enabling the retailer to target consumers with special offers.
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NewsGoldsmiths-owner Aurum reports 'outstanding' Christmas
Jewellery group Aurum has reported an “outstanding” Christmas, helped by improved availability and ranging.
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NewsFlying Brands warns on profits
Home shopping group Flying Brands has issued a profit warning after disastrous disruption of Christmas trading as a result of the snow.
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NewsInvestors still cold on the retail sector
General retailers and grocers were both left on the shelf by investors and the market was flat overall.
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OpinionChristmas was duff, but no need for panic
The feel-good factor has been in short supply this new year. Minus numbers have figured prominently in January’s trading statements and the implications of harsh realities such as VAT and rising business costs loom large in store chiefs’ minds.
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NewsConsumers will still carry on shopping, M&S chief believes
Marks & Spencer chief executive Marc Bolland does not expect consumer demand to fall off a cliff this year, despite an expected squeeze on income and economic uncertainty.
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NewsBritish Bookshops becomes first retail casualty of 2011
Bargain bookseller British Bookshops & Stationers has collapsed into administration, becoming the first retail casualty of 2011.
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Thorntons sales melt in cold weather
Thorntons, the specialist chocolatier, reported like-for-like sales down 5.9% in company-owned stores over Christmas as the snow kept shoppers away.
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NewsDixons sales suffer as snow takes toll
Electricals market leader Dixons, owner of Currys and PC World, reported a 4% fall in like-for-likes at its core UK business over Christmas.
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NewsArgos-owner Home Retail reports better than expected Christmas
Argos-owner Home Retail Group took a sales hit of between £20m and £30m hit over Christmas because of the snow but full-year profits are likely to be better than feared.
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NewsRetail sector like-for-likes fell 0.3% in December
The stores sector suffered a like-for-like sales decline of 0.3% during the crucial month of December as snow hit sales.
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NewsMarks & Spencer posts 2.8% Christmas like-for-like sales rise
Retail bellwether Marks & Spencer generated UK like-for-like growth of 2.8% and market share gains over the Christmas period, despite arctic weather conditions.
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NewsKingfisher launches tender offer for £100m of notes
International DIY group Kingfisher is to cut debt and improve its return on cash by purchasing up to £100m of loan notes from holders.
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NewsOFT called upon to block Tesco takeover of Mills
Convenience retail trade body the ACS has called on the OFT to stop the takeover of Mills Group by Tesco’s c-store business One Stop.
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NewsAndy Bond named chairman of Republic
Former Asda chairman and chief executive Andy bond has been named chairman of private equity-backed fashion retailer Republic.