All articles by George MacDonald – Page 226
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NewsRetailers fear imposition of VAT on food
Fears have been expressed that VAT may be imposed on food in next year’s Budget.
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NewsSports Direct broke rules, Blacks tells FSA
Blacks Leisure has reported rival Sports Direct to the Financial Services Authority for allegedly breaking City rules.
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NewsTopps Tiles’ Dutch business to shut
Topps Tiles’ loss-making Dutch business is to close after the retailer decided not to provide further support and funding.
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NewsConsumer confidence falls for second month
Consumer confidence slipped in December for the second month running and consumers are wary about prospects in the new year.
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OpinionPoor reading from Waterstone’s
Much is made of the benefits of last man standing status in retail but some, such as HMV-owned bookseller Waterstone’s, look punch-drunk.
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NewsRetail shares waver as Christmas draws near
As Christmas nears, general retailers were down against the market as store chiefs and investors alike wait with bated breath to see how festive trading turns out.
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NewsWarning of uncertain new year takes shine off retail sales figures
Retailers have achieved three consecutive months of sales growth but the performance is unlikely to be sustained in the new year, the CBI reported.
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NewsRetail sales fell in November ONS reports
Retail sales fell by volume and value in November, official data showed. The decline came as a surpise to the sector.
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NewsShowroom sales rocket at Wickes
DIY chain Wickes has generated strong sales growth in showroom categories and made market share gains, parent Travis Perkins revealed.
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NewsBest Buy sales and profits rise in third quarter
Electricals giant Best Buy has posted a leap in third quarter sales and profits and upped full-year earnings guidance.
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NewsConsumer price inflation rises to 1.9%
The rate of consumer price inflation rose to 1.9% in November from 1.5% the previous month, official statistics showed.
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AnalysisEuan Sutherland is making good headway at Kingfisher
Kingfisher’s turnaround is still a work in progress, but its UK chief executive is making good headway, says George MacDonald.
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NewsCarphone’s ‘wireless world’ to grow as it readies for Best Buy
Carphone Warehouse is to expand its number of ‘wireless world’ format stores in the second half and speed up openings in the new financial year.
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NewsDixons tones down second leg of ad push
Electricals market leader DSGi has launched the second phase of its irreverent ad campaign for its online business Dixons.co.uk.
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NewsTory guru attacks big grocers’ dominance
A think tank boss close to Conservative leader David Cameron has mounted an astonishing attack on supermarkets and called for restrictions on how they operate.
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NewsBest Buy Europe profits to be at top end of expectations
Carphone Warehouse expects its share of full-year net income from Best Buy Europe to be at the top end of expectations and said it is on track to open big box stores next spring.
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NewsMarks & Spencer engages with shoppers on Facebook
Marks & Spencer director of store marketing and design Nayna McIntosh fielded questions on pre-Christmas discounting and controversial Christmas ads in a live web chat on Facebook on Tuesday.
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NewsFood falls as Marc Bolland quits at Morrisons
Last week’s shock news that Morrisons chief executive Marc Bolland is leaving to head Marks & Spencer helped pull down the food sector relative to general retailers.
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AnalysisCould Woolworths have been saved?
The variety store group’s collapse angered and shocked many but why did it fail, should the administrator have done more and what can be learned from its demise? George MacDonald investigates.
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NewsHigh price tag for Matalan likely to attract calls for earn-out clause
Potential buyers of value retailer Matalan are likely to demand an earn-out or similar clause in any deal with founder and owner John Hargreaves.