All articles by George MacDonald – Page 220
-
NewsRetail sales rise in February
Retail sales rose 1.9 per cent month-on-month by value in February and advanced 2.1% by volume, the Office for National Statistics reported.
-
NewsPrice inflation falls to 3% in February
The rate of consumer price inflation fell in February, ONS data showed.
-
NewsHalfords to pull out of central Europe
Motor accessories specialist Halfords is to shut its fledgling central European business after recessionary conditions set back expansion opportunities.
-
NewsMarks & Spencer reveals new advertising strategy
Marks & Spencer will this week unveil changes to its advertising including the replacement of its famous “Not just…” food strapline with “Because…”.
-
NewsStores shares lifted as retail interest piqued
Stores shot ahead of the All-Share index as low valuations and vague talk of takeovers - such as potential private equity interest in Home Retail Group - prompted interest.
-
NewsDFS sale is ‘Lord Kirkham’s call’
Sofa retailer’s founder considers refinancing alternatives as doubts rise over sale of the business
-
OpinionUpgrade in store for Ted Baker?
SuperGroup’s £5 a share IPO is good news for founder Julian Dunkerton. It might also be good news for some of the retailer’s fashion peers - in particular Ted Baker.
-
NewsHomebase fires back at B&Q price offensive
Home Retail-owned home enhancement chain Homebase has returned fire at B&Q, which last week launched a price-led advertising campaign targeting its arch-rival as the key Easter season approaches.
-
NewsSir Stuart Rose to stand down from M&S in March 2011
Marks & Spencer chief executive Sir Stuart Rose will leave the retailer next March, earlier than he was obliged to.
-
NewsPolice launch race probe into Walmart store announcement
Police have launched a race hate investigation after the broadcast of an announcement in a Walmart store ordering black people to get out.
-
NewsPrivate equity firms confirm interest in DFS
Two private equity firms have reaffirmed their interest in buying sofa retailer DFS and a third is expected to do so, despite doubt about whether a sale will be concluded.
-
NewsOcado to float after general election
Home shopping group Ocado has signalled its intention to launch an IPO after the general election.
-
NewsBritish Bookshops on course for profitability after sale
Private equity firm Endless has sold British Bookshops & Stationers to its management for an undisclosed sum, it has emerged.
-
NewsBlockbuster may put up stores as collateral to ensure DVD supplies
Troubled DVD rental group Blockbuster may have to put up Canadian stores as collateral after failing to secure bank credit for stock.
-
NewsMarks & Spencer to pay bonus early to avoid 50% tax rate
Marks & Spencer has become the latest retailer to bring forward bonus payments in order to beat the 50% tax rate being introduced next month.
-
NewsFrench Connection to sell Nicole Farhi and scale back US retail
Fashion group French Connection is selling its Nicole Farhi business and closing most of its US shops following a strategic review.
-
NewsFashion and home deliver strong week for John Lewis
John Lewis reported that sales rose 15.9% year on year to £53.2m in its eponymous department stores last week.
-
NewsAdvent considers Poundland sale
Private equity firm Advent has hired Close Brothers to advise on a possible sale of value retailer Poundland.
-
OpinionRetailers need more friends in Westminster
Nobody doubts hard political choices will have to be made to cope with the costs of the banking crisis and recession, but VAT on food should not be among them.
-
NewsM&S well placed to convert top-up shoppers and lift profits
Marks & Spencer could add as much as £35m to gross profits by persuading occasional food shoppers to purchase more often, research by broker Oriel suggests.