All articles by George MacDonald – Page 22
-
NewsInflation rate falls to lowest level in more than two years
The rate of inflation has declined to its lowest point in more than two years, the latest official data has revealed.
-
NewsThe Works to delist from main market in switch to AIM
The Works intends to move its shares off the London Stock Exchange’s main market and list on AIM, six years since its IPO.
-
AnalysisNew John Lewis boss Peter Ruis on first steps to restoring retailer’s mojo
Staff at John Lewis Partnership may once again have missed out on their beloved bonus – for the second year in a row – but at least the famous retailer is back in the black.
-
NewsZalando adopts new strategy designed to power growth
International fashion pureplay Zalando expects to return to growth as it follows a new strategy.
-
NewsZara owner Inditex posts surge in sales and profits
Fashion giant Inditex, owner of fascias including Zara and Bershka, has reported an increase in annual earnings and revenue, which it said was driven by “strong execution”.
-
NewsMorrisons racks up annual loss of £1bn
Morrisons has suffered an annual loss of £1bn as it battled intense competition and laboured under the weight of debt.
-
InterviewOutstanding Contribution to Retail Award: Judith McKenna on why people make the difference
Once again, it’s been a year of retail triumphs.
-
-
NewsExclusive: John Lewis to make record investment in staff pay
John Lewis Partnership is to invest £116m in higher staff pay, Retail Week can reveal.
-
NewsSainsbury’s axes 1,500 jobs in ‘difficult but necessary’ decision
Sainsbury’s is consulting on 1,500 job cuts as it seeks to “save and invest” to provide customers with more “great value, quality and service”.
-
Opinion‘Would London celebrate or shun a potential Shein IPO?’
A London listing by online fashion giant Shein would be a blockbuster arrival on an ailing stock exchange. But would the City welcome it with open arms or turn its back?
-
NewsTDR snaps up Jollyes and Andy Bond comes in as chair
Private equity group TDR Capital has acquired a majority stake in specialist pet retailer Jollyes and former Asda boss Andy Bond has been appointed chair.
-
NewsAsda reports reduction in mean gender pay gap
Asda has recorded a narrowing of its mean gender pay gap and said its wider gender pay differences ”remain significantly lower than the UK average”.
-
NewsHalfords warns on profits after hits from weather and consumer confidence
Halfords has slashed earnings expectations after its main markets − cycling and motoring − were battered.
-
NewsMarks & Spencer unveils ‘biggest ever’ investment in staff pay
Marks & Spencer is investing £89m into retail staff pay – the largest sum it has ever devoted to colleagues.
-
Opinion‘Currys shareholders should hold out for a valuation that reflects long-term prospects’
For pretty much as long as China’s economic star has been in the ascendant, there has been speculation that one of its new generation of digital retail powerhouses might move to swoop on a venerable UK name.
-
Opinion‘The Body Shop’s plunge into administration leaves a bad smell’
The early new year often brings retail administrations, and so it has sadly proved for The Body Shop’s UK business.
-
NewsJohn Lewis Partnership drafts in former Tesco director to board
John Lewis Partnership has appointed a former Tesco and Dunnhumby director as a non-executive on its board.
-
NewsMarks & Spencer adds big-name brands to Sports Edit stable
Marks & Spencer has launched Puma and Reebok products on its platform The Sports Edit as it builds its presence in sportswear.
-
NewsPoundland launches rollout of new look to 150 stores
Value retailer Poundland is to revamp 150 branches by August in a “top-to-bottom refresh” as it also extends key ranges.