All articles by George MacDonald – Page 215
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NewsConsumer price inflation falls to 3.4% in May
Consumer prices index (CPI) inflation fell to 3.4% in May from 3.7% in April year-on-year, the Office for National Statistics reported.
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NewsFirst England match hits shopper numbers
England’s first World Cup game hit shopper numbers on Saturday, when footfall fell by 4.7%.
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NewsJohn Lewis weekly sales rise 24%
All of John Lewis’s shops put in a better year-on-year performance last week, when the department store chain’s sales rose 24.6% to £55.4m.
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NewsSir Ken Morrison: ‘Marc Bolland was no retailer’
Morrisons founder Sir Ken Morrison has launched a scathing attack on Marc Bolland, the grocer’s former chief executive who jumped ship to lead Marks & Spencer.
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AnalysisJohn Clare: Can he revive revive JJB Sports?
The former DSGi chief faces a tough challenge to resuscitate JJB as its newly appointed chairman. George MacDonald assesses his credentials
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NewsRetail shares rebound after last week’s blow
Food and general retail stocks alike bounced back after last week’s plunge, both outperforming the All Share index.
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NewsSelf-help measures drive Kingfisher quarterly profits rise
Improved gross margin and cost productivity helped DIY giant Kingfisher post a rise in first quarter profits despite a like-for-like sales fall.
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NewsPeerage for Next chief executive Simon Wolfson
Next chief executive Simon Wolfson has been named a Conservative working peer in the Dissolution Honours List put forward to the Queen by former Prime Minister Gordon Brown.
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NewsCustomers queue all night for iPad launch
Consumers, some of whom queued through the night, have turned out in force to snap up the first iPads to go on sale in the UK.
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NewsDemand for warm weather product lifts John Lewis sales
Warm weather helped increase sales at department store chain John Lewis and grocery stablemate Waitrose last week.
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NewsConsumer confidence falls again in May
Consumer confidence has fallen to the same level as when Northern Rock was nationalised in early 2008.
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NewsMarks & Spencer ramps up its multichannel offer
Multichannel sales climb 27% to £413m, bringing £500m target in sight
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NewsRetail prices tumble in climate of unease
General retailers took a bashing as turmoil embroiled the markets generally. Fears about the eurozone crisis and political tension in the Far East undermined the FTSE - every blue-chip stock fell on Tuesday.
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AnalysisLoyalty cards: the bedrock of future success?
Loyalty schemes have enabled some retailers to outperform, but others regard them as a gimmick. George Macdonald asks who is right
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NewsMohamed Al Fayed explains Harrods sale
Harrods owner Mohamed Al Fayed has explained his decision to sell the legendary department store.
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NewsChief executive to leave as Thorntons warns on profits
Thorntons chief executive Mike Davies is to quit the confectioner after continued tough trading conditions prompted another profit warning.
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NewsMarks & Spencer celebrates return to like-for-like growth in food as profits rise
Marks & Spencer has reported a return to annual like-for-like growth at its food arm for the first time since 2007, an increased clothing market share and a profits rise.
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OpinionA nail-biting time for Ocado
Now the election is out of the way, chiefs of private retailers with an eye on a IPO - Ocado among them - will anxiously follow the political and economic weather reports and consider whether they can get their floats away.