All articles by George MacDonald – Page 230
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NewsBest Buy to hire 8,000 in UK
Electricals giant Best Buy expects to create 8,000 jobs in the UK over a five-year period after launching in this country in spring 2010.
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NewsTPG nets £500m from Debenhams exit
Private equity group TPG has cashed in its remaining stake in Debenhams, the department store group whose buy-out it funded in 2003.
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OpinionBig screen should boost HMV
The curtain rises on the latest phase of HMV’s reinvention today, with the opening of its first cinema in partnership with Curzon.
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NewsArgos to undergo brand revamp
Catalogue store group Argos is to revamp its brand, including its logo, to reflect how the business has changed in recent years.
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NewsFood hots up after Sainsbury’s bid talk
Investor appetite grew for food retailers as speculation swirled that Qatar’s sovereign wealth fund was once again considering a bid for Sainsbury’s.
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AnalysisChris Woodhouse has plenty to feel bullish about
On the back of a successful float, shrewd debt handling and an expected rise in profits, the Debenhams finance director has plenty to feel bullish about, says George MacDonald.
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News
Retailers in line for £20m in-store music refund
A legal victory for retailers has raised the prospect of a £20m refund to the industry after a ruling that increased copyright fees for playing music in-store were excessive.
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NewsRetailers suffer flat September sales
Retail sales growth was flat month on month in September, the Office of National Statistics reported. The findings confounded expectations of a rise.
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NewsTesco opens first self-service only shop
Grocery giant Tesco has opened the UK’s first completely self-service shop – an Express convenience store in Kingsley, Northampton.
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NewsDebenhams posts market share and profits rise
Department store group Debenhams took market share from rivals last year, when it also transformed its trading space and increased margin.
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OpinionDSGi has everything to play for
While DSGi chief executive John Browett has been busy renewing and transforming his business, the electricals market is also changing around him and the pace shows no sign of slowing.
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AnalysisAs e-readers launch, is it the last chapter for bookshops?
As Amazon launches its Kindle e-reader in the UK, George MacDonald asks if it will bring about bookshops’ demise, or if the world of print will prove resilient
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NewsM&S investor day leaves analysts cold
Marks & Spencer missed out on the general retail sector’s rise after its much-anticipated investor day was judged insufficiently exciting by the City.
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NewsAldi lines up new managing director for UK
Discount grocer Aldi is to transfer its managing director for buying in Australia to lead the business in the UK.
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AnalysisAngela Ahrendts: maintaining Burberry’s momentum
Burberry chief executive Angela Ahrendts has built on Rose Marie Bravo’s legacy by invigorating the luxury brand while keeping a tight handle on costs
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NewsM&S to review store estate for digital age
Marks & Spencer is to review its 668-store portfolio as online threatens squeeze on store sales
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NewsM&S reveals homewares and online food ambitions at investor day
Marks & Spencer general merchandise director Kate Bostock has identified homewares as a “huge opportunity” for the retailer, which intends to carve out a market leading position in the category.
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NewsJohn Lewis posts 6.3% weekly sales rise
John Lewis department store sales rose by a higher than expected 6.3% last week, despite a strong year-on-year comparative.
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NewsJJB equity issue to raise £100m
JJB Sports is to launch a £100m equity issue in the latest phase of its turnaround battle following its CVA earlier this year.
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OpinionIPOs will face an inquisition
After all the feverish speculation of the past few weeks, there is now little doubt that a raft of retailers is preparing to float in the new year.