All articles by George MacDonald – Page 212
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NewsSports Direct profits soar but World Cup impact mixed
Sports Direct delivered its best ever day of trading on the day England played the USA in this year’s World Cup and has posted a surge in full-year profits.
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NewsMarks & Spencer unveils flagship Bradford distribution centre
Marks & Spencer officially opens a 1.1m sq ft state-of-the-art distribution centre in Bradford today in a key step in its Project 2020 business improvement programme.
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NewsMothercare to take 25% stake in Australian franchisee
Mothercare is to take a stake 25% in Headline Group, which holds the Mothercare and Early Learning Centre franchises in Australia and New Zealand.
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NewsLuxury goods retailer Smythson returns to profit
Upmarket stationer and luxury goods specialist Smythson returned to profit last year.
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NewsJohn Lewis weekly sales rise 9.1%
Sales at department store chain John Lewis rose 9.1% last week to £59.2m as the retailer’s Sale drew shoppers.
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News
Grocers likely to escape fines under ombudsman’s regime
Ministers lean towards naming and shaming supermarkets that infringe new code of practice instead
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OpinionNo cause to downgrade retail
More than half-way through 2010, many store chiefs’ comments remain wary to the point of downbeat. While the gloomy noises will hardly spark a sector upgrade, the prospects for a further downgrade don’t look any greater.
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NewsHi-fi chains Audio T and Sevenoaks Sound & Vision merge to fend off larger rivals
Privately owned hi-fi retailers Audio T and Sevenoaks Sound & Vision are to merge, creating a 50-store business.
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NewsRetail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.
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NewsMothercare suffers UK sales fall and buys Blooming Marvellous brand
Maternity specialist Mothercare has posted a fall in UK sales and has bought the trademark and brand of privately owned rival Blooming Marvellous.
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NewsRecord June fashion price falls, ONS reports
Record June falls in the prices of clothing and footwear pushed down the Consumer Prices Index (CPI) annual rate of inflation to 3.2% last month from 3.4% in May.
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NewsRetail administrations down 57% in first half of 2010
The number of retail company administrations fell by 57% in the first six months of this year compared to the same period in 2009.
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NewsRetailers prepare for AGM pay rebellions
Leading retailers are preparing for a showdown with shareholders this week as director pay becomes the focus of investor anger.
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NewsGovernment ignores retailers' pleas on Boxing Day trading
Retailers’ hopes that Sunday trading rules would be relaxed for the Boxing Day Sales have been dashed by the Government.
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NewsShares sale by Sainsbury’s chief dampens bid speculation
Speculation that Qataris investors are mulling a bid for supermarket group Sainsbury’s has been undermined by a share sale by chief executive Justin King.
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NewsJohn Lewis sales benefit from England’s World Cup exit
England’s exit from the World Cup is helping sales at department store chain John Lewis, which rose 11.4% last week to £67m.
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OpinionDon’t be pilloried over pay
How striking that it is typically top-flight retailers that become embroiled in AGM fisticuffs.
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NewsCity perks up as general retailers bounce back
There was plenty to interest stock market store-watchers as general retailers staged a bounce-back over the week, Ocado generated excitement and controversy with its IPO plans and takeover talk swirled around Sainsbury’s.
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NewsCity perks up as general retailers bounce back
There was plenty to interest stock market store-watchers as general retailers staged a bounce-back over the week, Ocado generated excitement and controversy with its IPO plans and takeover talk swirled around Sainsbury’s.
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AnalysisDebenhams: all about the bottom line
As it ramps up its own-label offer, the department store retailer has sacrificed sales to boost margins. George MacDonald asks if the strategy has paid off