All articles by George MacDonald – Page 207
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NewsJJB cuts losses but prepares for promotional blitz
JJB Sports has hailed “steady progress” in its turnaround after cutting losses and fattening margins in its first half.
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NewsWalmart to buy South African retailer Massmart, Asda’s Andy Bond to oversee
Walmart intends to push into Africa with the $4.2bn acquisition of general merchandise group Massmart.
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NewsTesco chief Sir Terry Leahy attacks investor short-termism
Tesco chief executive Sir Terry Leahy has criticised short-term investor attitudes and such shareholders’ superficial understanding of companies in which they hold stakes.
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NewsJohn Lewis lays down the Christmas gauntlet as sales rise
Sales at John Lewis department stores rose 11.7 last week, which the retailer said it suspects was “well ahead of the market”.
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NewsMayhew urges Government to get on with fostering growth
British Retail Consortium (BRC)chairman Luke Mayhew has urged the Government to set out a vision of better times and shift public debate away from spending cuts.
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Analysis
Promoted to death?
As retailers rely more and more on promotions it seems customers are less willing to pay full price. Is it too late to turn the tide, asks George MacDonald
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OpinionQuestions of confidence
Consumer confidence has been one of retail’s big talking points all year - but what about retail confidence?
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NewsNext strikes online partnership with US retailer Sears
Fashion group Next is to sell clothing online in the US in partnership with retail giant Sears.
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NewsDo more to back enterprise, BRC chairman Luke Mayhew tells Government
British Retail Consortium chairman Luke Mayhew has warned that the Government risks causing “collateral damage” to business unless it encourages enterprise and cuts red tape as well as making cuts.
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NewsJaeger opens shops-in-shops in Italy with Coin
Upscale fashion retailer and brand Jaeger has expanded into Italy with the opening of four shop-in-shops in Coin department stores.
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NewsHouse of Fraser celebrates Biba success as profits soar
The relaunch of iconic fashion brand Biba has gone down a storm with shoppers and first-half profits have leaped, House of Fraser reported.
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NewsVoucher demand boosts Park Group sales
Park Group, the Christmas hamper and gift voucher company, reported that trading in the first quarter of its financial year went well thanks to growing demand for corporate vouchers and online sales.
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NewsProfits leap at JD Sports Fashion
JD Sports Fashion has posted a 64% rise in profits and expects continued growth.
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News
Former Kingfisher director George Adams named chief executive of Maxeda DIY
Former Kingfisher executive George Adams is to become chief executive of Maxeda DIY, part of the Dutch private equity-backed retail group of the same name.
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NewsRetailers cut waste sent to landfill by 50%
Retailers are sending half as much rubbish to the dump as they did five years ago and have slashed carbon dioxide emissions.
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NewsJohn Lewis enjoys "flying start" to autumn
Sales at John Lewis department stores climbed 16.5% to £58.3m last week as the back-to-school selling season got autumn off to a “flying start”.
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NewsPixmania moves into new product ranges
Pixmania, the etailer owned by electricals group Dixons, is to extend its range of product categories as it seeks to establish leading positions in new fields.
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AnalysisHugh Harvey
For the sports-mad managing director of Comet, transforming the business is a marathon and not a sprint. George MacDonald reports
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NewsFashion retailers more positive as sector lifts
General retailers held their own in the run-up to Wednesday’s results from fashion groups French Connection and Next, which both made bullish noises about performance.
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OpinionDon’t read the last rites yet
Store stocks are enveloped in as deep a gloom as the Addams family’s mansion. But retail shares are not zombie investments and it’s too early to call in the undertakers.