All articles by George MacDonald – Page 217
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NewsRetail stock buoyant despite election fears
Retail shares were among the better performers as economic turmoil in Greece and political uncertainty ahead of the general election here took a toll on the market overall.
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NewsIan Dyson quits M&S on Marc Bolland’s second day
Ian Dyson, the Marks & Spencer finance director who was passed over as successor to chief executive Sir Stuart Rose, has revealed that he is leaving the retailer.
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NewsHMV’s strategy questioned as Q4 like-for-likes plummet
A worse-than-expected update from HMV last week prompted analysts to question the entertainment retailer’s strategy in the face of contracting markets.
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NewsPoundland embarrassment for Boots
Product identical to Boots No7 and Botanics lines is being sold in Poundland at a much lower price, it has emerged, potentially embarrassing the health and beauty giant.
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NewsSales momentum slows at Morrisons
Supermarket group Morrisons has reported a slowdown in sales during its first quarter, but said it was still winning customers.
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NewsIan Dyson leaves Marks & Spencer
Marks & Spencer has announced the departure of finance director Ian Dyson, just a day after Marc Bolland joined as chief executive.
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AnalysisRichard Baker
A new chairman has been named following the shock sale of DFS, but does the former Alliance Boots man’s track record make him the obvious choice, asks George MacDonald
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NewsBest Buy confirms plan to sell electric cars in UK
Electricals giant Best Buy, which opens its first big box store in the UK next week, is to sell electric cars and motorbikes and similar products as part of its ‘green technology’ offer.
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NewsGood weather boosts summer fashion sales at John Lewis
Sales at department store group John Lewis rose 18.9% to £51.3m last week as customers bought into summer lines.
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NewsRivals dent Maplin’s multichannel sales
Electricals retailer Maplin suffered a sharp fall in multichannel sales last year, in stark contrast to its rivals.
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NewsCity sticks with Tesco but share price falters
Record results from Tesco failed to help either the grocer’s or its peers’ shares, which all fell over the week.
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AnalysisChildren’s clothing controversy
Primark fell foul of a tabloid frenzy last week when it was accused of selling a ‘paedo bikini’. How damaging was the controversy and what lessons can be learnt?
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OpinionBalance is key for Thorntons
Thorntons may not be the biggest retailer, but some of the trading trends it reported on Tuesday will be front of mind for retailers more widely.
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NewsFaith in administration
Footwear retailer Faith has gone in to administration, Retail Week has learned.
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NewsPrivate equity firm Advent International acquires DFS
Sofas tycooon Lord Kirkham has sold his DFS chain to private equity firm Advent International for an undisclosed sum.
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NewsJohn Lewis first to market with 3D TV
Department store group John Lewis has become the first retailer to start selling 3D televisions.
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NewsWHSmith cautious on prospects despite profits rise
Bookseller and stationer WHSmith has posted a 2% increase in first-half group pre-tax profits to £62m but cautious about prospects.
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NewsFaith suppliers threaten stock removal
A group of major footwear suppliers have arrived at Faith’s London head office to demand their stock back amid growing uncertainty about the future of the young fashion footwear chain.
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NewsCPI inflation rises to 3.4% in March
Consumer price inflation rose year-on-year to 3.4% in March compared to 3% in February, the Office for National Statistics reported.
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NewsThorntons warns on profits after Easter disappoints
Chocolates specialist Thorntons has issued a profits warning after the crucial Easter trading period failed to live up to its hopes.