All articles by George MacDonald – Page 218
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NewsBest Buy brings forward UK debut
Electricals giant Best Buy is to open its first UK store earlier than expected - a week on Friday, April 30.
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NewsLondon like-for-like sales climb 9.9% in March
Central London retail like-for-like sales in London climbed 9.9% in March, more than double the rate of the rest of the UK.
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NewsCalendar effect distorts John Lewis sales
John Lewis department stores recorded a 0.6% uplift in sales to £48.8m over the week to April 10 as the fall of the calendar and good weather impacted trade.
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NewsRetailers among firms fined £225m for tobacco price fixing
Nine retailers are among 12 businesses fined £225m by the Office of Fair Trading for collusion on tobacco prices between 2001 and 2003.
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OpinionThe value of self-help
Self-help is the order of the day among retailers. The phrase has consistently peppered store chiefs’ City updates and analysts have compiled buy lists based on retailers’ capacity for self-help.
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NewsM&S grabs clothing market share as self-help pays off
Marks & Spencer delivered a record clothing market share increase in its fourth quarter as self-help initiatives paid off.
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AnalysisKate Bostock: general merchandise boss brings deft touch to M&S
With a honed offer and focus on newness it is no surprise M&S’s general merchandise boss has scored impressive fourth-quarter clothing results
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NewsPrimark withdraws tots’ padded bikini range after criticism
Value retailer Primark has stopped selling a controversial padded bikini top range for girls as young as seven following criticism from politicians and children’s groups.
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NewsDebenhams interim profits rise as own-bought strategy pays off
Department store group Debenhams has posted higher than expected interim profits after strong performances from its own-bought ranges and market share gains.
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NewsBRC delivers verdict on Conservative, Labour and Lib Dem manifestos
Updated: Trade body the British Retail Consortium has passed its verdict on Conservative, Labour and Liberal Democrat manifesto proposals affecting the stores industry.
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NewsAsda offers top team early payday to avoid higher tax rate
Some of Asda’s top brass have been paid part of their salary early in order to avoid the new 50% tax rate.
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NewsFashion sales drive strong week for John Lewis
“Phenomenal” fashion sales at John Lewis last week helped the department store chain post a 30% rise in turnover year on year, 21% ahead of Easter week in 2009.
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NewsLow inflation deals blow to grocers’ shares
The lowest food inflation in three years may make life more difficult for the big grocers, whose shares have been lagging their general merchandise counterparts.
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OpinionBad news for grocers’ shares
Food retailers’ shares have been dull for a while, left on the shelf by investors seeking value among general retailers and in other sectors.
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NewsMorrisons’ new boss Dalton Philips awarded £6m reward package
New Morrisons chief executive Dalton Philips’ total remuneration package amounts to £6m, it has emerged.
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NewsSir Stuart Rose attacks Prime Minister’s ‘unhelpful’ response to NI appeal
Marks & Spencer executive chairman Sir Stuart Rose has criticised Prime Minister Gordon Brown’s unhelpful attitude towards business leaders who lent their support to the Conservative Party’s position on National Insurance.
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NewsSports Direct makes offer for Faith
Mike Ashley’s Sports Direct is among five bidders to have made offers for footwear specialist Faith, it is understood.
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NewsMore retailers back Tories on National Insurance
More leading retailers came out in support of the Conservatives’ stance on a National Insurance as the general election campaign got under way.
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NewsFashion drives John Lewis sales while Waitrose benefits from Delia effect
Fashion sales drove a strong week at department store chain John Lewis as the warmer weather stimulated sales of summer ranges.