All articles by George MacDonald – Page 263
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News
Signet: the city view
Signet, the world’s biggest specialist jewellery retailer, posted a 6.7 per cent group like-for-like fall in the fourth quarter, propelled by an 8.6 per cent drop in the US.
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News
City remains cautious over retail as shares lose regained ground
General retailers’ share price rises of recent weeks looked like a dead cat bounce as they slipped back over the week, although food groups managed an increase following their decline since the start of the year.
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News
US retail achieves surprise sales rise
US retail sales increased unexpectedly in January, raising hopes that a consumer recession may yet be avoided.
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News
Rose will spurn bonus if M&S shop staff miss out
Marks & Spencer chief executive Sir Stuart Rose will not take a bonus this year unless store staff also win a payout.
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News
Clare teams up with Saatchi for e-tail venture
John Clare, former chief executive of electricals group DSGi, is to launch a social networking and retail internet venture called Myfaveshop.com.
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News
C-stores concerned by Mosquito ban threat
C-store owners have reacted angrily to proposals to end use of the Mosquito, a high-pitched device deployed to disperse gangs of youths who hang around outside shops.
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AnalysisWhy low prices are not enough
People may be watching what they spend, but that hasn’t saved value specialists from collapse. George MacDonald surveys their prospects as they enter another tough year
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News
Interest rate cut to 5.25%
The Bank of England has cut interest rates by a quarter-point to 5.25 per cent.
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News
Sports Direct: The City View
Sports Direct moved up the City’s retail league after striking a deal with Chinese retailer ITAT.
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News
Morrisons’ soaring growth dents rival supermarkets’ share prices
Following share price rises in recent weeks, retail stocks went into reverse and food groups were hit most heavily.
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News
Ethical cotton crisis looms as Uzbek ban hits suppliers
Retailers face one of their thorniest dilemmas since ramping up commitments to ethical trading – reconciling human rights with the livelihoods of some of the world’s poorest people.
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News
Sainsbury’s eyes Middle East for international comeback
Grocer in talks with possible franchise partners to expand beyond its UK base.
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News
Halfords boss quits to join Coles
Halfords chief executive Ian McLeod has quit to join Australian grocer Coles as managing director.
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News
Morrisons' market share soars
Supermarket group Morrisons’ resurgence continues unabated, according to the latest grocery market share data from TNS Worldpanel.
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Opinion
The Retail Week – February 1, 2008
Surveying the wreckage of pub company Mitchells & Butlers, you have to conclude that Sainsbury's had a lucky escape when Qatari bid interest collapsed.
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News
Hopes rise for retailers as City says prospects are looking up
Another good week for the sector meant brokers chewed over whether it is once again the right time to buy on the back of retailers’ sharp re-ratings.
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News
Kesa share buy-back to follow BUT sale
Electricals group Kesa expects to complete the €550 million ( 409 million) sale of French furniture chain BUT next month and will return cash to investors via a share buy-back programme.
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News
BrightHouse hires Pym as chairman
BrightHouse, the private equity backed hire purchase store group, has appointed Richard Pym as non-executive chairman.
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News
Tesco hoax bomber gets six years
A man who tried to extort 1 million from grocery giant Tesco has been jailed for six years.
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News
Marks & Spencer in talks over Sephora shop-in-shops
Marks & Spencer has held talks with French beauty retailer Sephora about opening cosmetics and perfume shop-in-shops in the UK giant’s stores.