All articles by George MacDonald – Page 234
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NewsBest Buy threat to UK players overblown, analyst says
The threat posed by US giant Best Buy’s UK launch to electricals specialists DSGi and Kesa has been overblown, believes broker Shore Capital.
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NewsFormer Marks & Spencer boss Barry Stevenson to head Albemarle & Bond
Former Marks & Spencer retail director Barry Stevenson is to become chief executive of pawnbroker Albemarle & Bond.
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NewsMorrisons to create an extra 2,000 jobs
Supermarket group Morrisons is to create an additional 2,000 jobs in 2009 – 40% more than the 5,000 originally expected.
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NewsBBC wins 2entertain case against Woolworths administrator
The BBC’s commercial arm, BBC Worldwide, has won a court case against Woolworths’ administrator Deloitte over the value of joint venture 2entertain.
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NewsKaupthing retailer loans investigated
Details of loans made by collapsed Icelandic bank Kaupthing to a company owned by retail entrepreneur Kevin Stanford have been passed to criminal investigators in Iceland.
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NewsOFT refers Sports Direct acquisition of JJB Sports stores to Competition Commission
The Office of Fair Trading has referred Sports Direct’s acquisition of 31 stores from rival JJB Sports to the Competition Commission.
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NewsRetailers run on as updates hold promise
Investors once again went on a trolley dash for store stocks, helping general retailers outperform the market.
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NewsGreen shoots and toxic waste
Two years into the credit crunch, hopes are rising that an end to hard times could be on the horizon.
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NewsRetailers to gain if recovery of pound sustained
Retailers are poised to reap earnings and margin gains if the recovery of the pound is sustained and relieves pressure on buying costs.
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News
Nisa-Today's members in line for £500,000 payout
Members of c-store buying group Nisa-Today’s will share £500,000 after the business achieved an 11 per cent increase in turnover last year.
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NewsCarpetright posts like-for-like sales rise
Carpetright, the market leading floor coverings retailer, has posted the first quarterly like-for-like sales rise at its core business since the fourth quarter of 2007/08.
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AnalysisHilco: hero or villain?
Profiting from retail misfortune as it does, restructuring specialist Hilco is much maligned. George MacDonald asks if the rancour is deserved
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NewsFormer John Lewis boss Sir Stuart Hampson named chairman of Crown Estate
Sir Stuart Hampson, the former chairman of John Lewis Partnership, is to become chairman of Regent Street owner the Crown Estate.
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NewsTesco and Morrisons continue to challenge OFT in milk row
Grocers Tesco and Morrisons will continue their battle with the Office of Fair Trading (OFT) over milk price-fixing allegations.
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NewsSports events and mixed weather fail to deter John Lewis shoppers
Sales at John Lewis department stores surged 5.3 per cent last week, despite big sporting events and volatile weather that might have kept shoppers at home.
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NewsFormer MFI and Woolworths chiefs drafted in to Allied Carpets
The former bosses of collapsed retailers Woolworths and MFI have been parachuted in to help turn around embattled Allied Carpets, which was bought out of pre-pack administration last week.
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OpinionNext boss Simon Wolfson excels again
Next boss Simon Wolfson is making a habit of beating expectations. So good has recent performance been that Next brought forward its trading update and upped internal profit forecasts by £30m.
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NewsRetailers stir FTSE 100 onto impressive gains
Retailers helped the FTSE 100 make its best run of gains in four years on Tuesday, the seventh consecutive day that the index rose.
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NewsRetail sales climb in June, ONS reports
Retail sales volume rose 1.2 per cent between May and June, the latest ONS data showed.Good weather helped fashion and footwear stores, which notched up a 4.7 per cent rise, bringing the advance for the predominantly non-food stores category to 1.6 per cent. Household goods shops suffered a 0.7 per ...
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NewsMike Ashley threatens JJB AGM showdown with Sir David Jones
Sports Direct tycoon Mike Ashley intends to embarrass rival JJB Sports executive chairman Sir David Jones at JJB’s AGM tomorrow.