All articles by George MacDonald – Page 233
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NewsConsumer confidence 'steady' in August
Consumer confidence held steady in August and remains strongly up year on year.
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NewsFocus’s CVA dashes rivals’ hopes of market share gains
The success of Focus DIY’s CVA has quashed competitors’ hopes that capacity would be taken out of the DIY market.
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OpinionThe billion Dollar question
At last, a retail IPO. Dollar General’s flotation is happening in the States not the UK, but success would be a sign that markets may be fully opening again and that stores can win investor backing.
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NewsRetail stocks lifted as FTSE bounces back
The FTSE 100 closed at a 10-month high on Tuesday. Food and general retailers alike were both up over the week although neither matched the All-Share rise.
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NewsShopper response to Tesco's Clubcard relaunch 'slow', suppliers say
Doubts have been expressed about whether Tesco’s Clubcard 2 initiative has appealed to shoppers as hoped.
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NewsComputer retailers defend standards
Retailers singled out for criticism from Which? Computing over their customer service have defended the standard of support they provide to the public.
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NewsSpending 'hardly affected' by VAT cut
Consumer spending was hardly affected by last year’s reduction in VAT, a survey has revealed.
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OpinionTiring Tesco still leads the supermarket race
Once attacked for being all-powerful, Tesco is now being criticised for apparently relaxing its vice-like grip on the retail market.
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OpinionCompetition still hot in grocery
So farewell then – for now – to Paul Foley. The Aldi UK boss’s abrupt departure last week led to speculation that the wheels have come off his juggernaut.
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NewsBrokers divided as Tesco ups food ante
The retail rally lost momentum last week, although store groups were well up year on year.
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NewsFormer Boots boss Richard Baker joins private equity firm Advent
Former Alliance Boots chief executive Richard Baker has joined private equity group Advent International as an operating partner.
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NewsFocus CVA plan has ‘strong chance of success’
DIY group Focus’s CVA proposal has “a strong chance of success”, said Seymour Pierce analyst Freddie George after a company visit.
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NewsClothing sales rose in early summer but discounting rife, TNS reports
Good early summer weather helped fashion retailers put in their best performance since last November.
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NewsWaitrose outperforms grocery market, latest TNS data shows
John Lewis-owned supermarket chain Waitrose raced ahead of rivals in recent months to post market-leading growth while discounters’ performance continued to slow.
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NewsPrice inflation remained at 1.8% in July, ONS reports
The Consumer Prices Index (CPI) inflation rate remained unchanged at 1.8 per cent in July, confounding expectations that there would be another fall.
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NewsHalfords finance boss joins Dunelm as non-executive director
Halfords finance director Nick Wharton has been appointed a non-executive director of value homeware group Dunelm.
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NewsSurprise fall in US retail sales
US retail sales suffered an unexpected slip in July, when they fell by 0.1 per cent.
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NewsDSGi poaches John Lewis man to be web chief
Electricals group DSGi has poached a John Lewis online boss to become ecommerce director in charge of its UK websites.
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NewsRetail rally tails off as stocks underperform
The meteoric rise of the stores sector tailed away over the week and general retailers underperformed their food peers and the market.Of the biggest 10 retail stocks, eight were down, including Next and Kingfisher despite some bullish notes on both.The latest BRC sales data showed 1.8% like-for-like growth in July ...
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OpinionHome comforts
There are new signs of bounce in the hard-pressed homewares and furniture market, on which the springs went more than a year ago.