All articles by George MacDonald – Page 258
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Opinion
The Retail Week – May 9, 2008
Magic Circle member Simon Fox has performed a skilful conjuring act at entertainment group HMV.
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Opinion
Hopes live on for Boots debt deal
The idea that debt markets may be starting to relax again looked like a triumph of hope over experience as renewed attempts by Alliance Boots’ lenders to offload loans came to nought.
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News
DSGi installs ex-Tesco man to shake up ops
Electricals giant DSGi has hired a former Tesco director to take up the new position of operations development director as chief executive John Browett prepares to unveil turnaround plans next week.
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AnalysisJohn Browett’s bulging in-tray
All eyes are on John Browett as next week’s strategic update looms. George MacDonald examines some of the options open to DSGi’s chief executive
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Opinion
Dunstone’s retail double
Very few retailers have transformed the face of the industry twice within a generation, but Charles Dunstone can claim that honour – and he’s still only 43.
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News
Carphone Best Buy deal: City reaction
The creation of an electricals joint venture by Carphone Warehouse and Best Buy is likely to be bad news for European groups such as DSGi, Kesa and Metro-owned MediaMarkt.
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News
Next set for poor first quarter
The City fears fashion group Next may report a like-for-like sales slump of as much as 10 per cent tomorrow, when the retailer updates on first-quarter trading.
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News
Top analyst slams M&S bonus scheme
Broker Credit Suisse has cast doubt on the terms of Marks & Spencer directors’ bonus scheme, questioning whether it is in the retailer’s long-term interests.
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Opinion
Older shoppers pay for N Brown
N Brown’s share price took a hit a fortnight ago, when home shopping counterpart Findel warned on profits after having to increase provisions against bad debt.
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News
Sound Control falls into administration
Sound Control, the UK’s biggest musical instruments retailer, has collapsed into administration.
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Analysis
Home Retail Group: the City view
Argos, Home Retail’s flagship chain, delivered record profits last year, but the outlook is cloudy.
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News
M&S could double stock value if it focuses on cash, analyst claims
Marks & Spencer’s stock is languishing below the level of Sir Philip Green’s abortive 400p-a-share offer in 2004, but could it be worth 850p?
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Analysis
How bankable is retail?
A combination of the credit crunch and hard times on the high street mean the relationship between retailers and their banks is more delicate than ever. George MacDonald reports on the impact of the financial crisis
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News
Baugur denies MK One administration plans
Baugur has denied reports that MK One, the value clothing chain it has put up for sale, could be put into administration if no buyer is found.
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News
Land of Leather sales plunge again
Sofa specialist Land of Leather has revealed another plunge in sales and warned that trading conditions will remain tough for the rest of the year.
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News
Home Retail profits climb
Home Retail Group has warned that tough trading conditions are likely to result in like-for-like sales falls at its Argos and Homebase chains.
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News
DSGi to close 40 UniEuro stores
International electricals giant DSGi is to slash the number of stores at its troubled Italian chain UniEuro by a third.
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News
BRC claims ONS sales data is “overly rosy”
The British Retail Consortium has attacked official retail sales statisticians for painting “an overly rosy view” of the stores sector’s performance.
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Opinion
Downturn can’t stop investment
The banks got a £50 billion bail-out on Monday, but who is going to rescue embattled retailers?
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News
M&S to make prices in India on par with UK
Marks & Spencer is to bring prices at its Indian stores in line with those in the UK, in an effort to seize share in one of the world’s biggest emerging markets.