All articles by George MacDonald – Page 26
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NewsJohn Lewis chair White to stand down
John Lewis Partnership chair Dame Sharon White is to leave her post at the famous retailer when her term ends in early 2025.
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NewsNike pledges to build success with ‘greater consistency and speed’
Sportswear giant Nike is to double down on drivers of success after a first quarter in which it beat earnings expectations but missed anticipated sales.
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NewsWilko creditors face prospect of as little as 4p in pound payback
Creditors of bust retailer Wilko are expected to lose most of their money, its administrator has estimated.
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NewsJohn Lewis ponders £150m sale and leaseback of Waitrose stores
John Lewis Partnership aims to generate £150m from the sale and leaseback of 12 Waitrose stores as it seeks to bolster its finances.
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AnalysisSir Terry Leahy: As Potts leaves Morrisons ‘it’s a new chapter but the same story’
As longstanding Morrisons chief executive David Potts bows out, chair Sir Terry Leahy tells Retail Week the change ‘might be a new chapter but it’s the same story’ for the grocery giant
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NewsJohn Lewis Christmas shops open as festive demand builds
Department store group John Lewis is launching its in-store Christmas shops today (September 27) and has reported strong early interest in seasonal goods.
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NewsWatch: M&S launches Tom Kerridge food ad ahead of crucial Christmas period
Marks & Spencer has unveiled a new marketing campaign focusing on the quality of its food spearheaded by a Tom Kerridge-starring TV ad.
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NewsRetailers angry as works disrupt trading on Europe’s ‘oldest shopping street’
Retailers on Europe’s ‘oldest shopping street’ are concerned about the impact of works on trading and may take legal action against the local authority.
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NewsWilko: Full list of stores closing next week
Wilko administrator PwC has announced a list of branches that will close next week, following the retailer’s collapse.
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NewsNaked Wines reports ‘foundations laid to focus on profitable growth’
Online specialist Naked Wines has said its focus on profitability will pay off despite suffering a statutory full-year loss.
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NewsOcado sales rise as customer proposition strengthened
Online grocer Ocado has reported an increase in quarterly sales following price cuts and a focus on improved execution.
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NewsQuiz warns on profits as cost of living hits consumers
Fashion retailer Quiz has cautioned that a full-year loss is likely after sales in the year to date fell below the previous year’s levels.
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NewsKingfisher cuts profit forecast as tough trading conditions bite
DIY giant Kingfisher has slashed full-year profit expectations after facing harsh trading conditions, particularly in overseas markets.
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AnalysisJohn Lewis Partnership: Transformation is delayed, but has any recovery progress been made?
Interims from the John Lewis Partnership were a mixed bag, following a period when the retailer generated headlines for sometimes controversial reasons, such as potentially bringing in external investors.
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Opinion‘Time to address crime or face a US-style retail flight from troubled towns’
Right across the retail spectrum, from value shops to department stores, indies to chains, the blight of crime is increasingly being felt.
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NewsSuperdry shares suspended as results delayed
Shares in fashion retailer Superdry have been suspended as full-year results were delayed.
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NewsThe Works posts profit fall but says strategy bearing fruit
Crafts, toys and books retailer The Works has posted a fall in full-year profits but said current trading is in line with expectations.
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NewsM&S opens Wembley Stadium stores alongside healthy eating campaign
Marks & Spencer has opened two stores in Wembley Stadium and launched a grassroots football healthy eating campaign as it builds upon its partnership with the home nations’ football associations, following the women’s World Cup.
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Opinion‘Wilko’s demise doesn’t mean the death of the high street’
The collapse into administration of Wilko has been seen as symbolic of an ongoing ‘death of the high street’ as the town centres in which it mainly operates face the prospect of yet more shuttered stores – some in places where former Debenhams or Topshop stores may still stand empty since they toppled.
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NewsSainsbury’s and Mountain Warehouse join campaign to axe period pants tax
Grocer Sainsbury’s and outdoor clothing specialist Mountain Warehouse have become the latest retailers to lend their support to a campaign to scrap VAT on period pants.