All articles by George MacDonald – Page 264
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News
Emergency rate cut in US helps store groups outperform at last
The US Federal Reserve’s emergency rate cut – the biggest in 25 years – helped markets rise mid-week and gave store groups a lift.
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Opinion
Who wins in a Somerfield sale?
The auction of neighbourhood food retailer Somerfield superficially puts the retailer in a position of strength but, in reality, its situation is ambiguous.
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News
Argos’s Christmas driven by multichannel growth
Argos, Home Retail’s flagship chain, outperformed specialist rivals over Christmas thanks to its multichannel strength.
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News
Carrefour looks forward to ‘breakthrough’ year
Carrefour expects 2008 to be a “breakthrough” year after posting strong sales growth for 2007.
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News
Musgrave completes store divestment programme
Food group Musgrave has completed the sale of its company-owned UK stores to independent retailers.
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News
King hints at interest rate cut
Bank of England governor Mervyn King has hinted that interest rates may be cut next month.
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News
Tesco to open department stores
Grocery giant Tesco plans to launch a high street assault with a chain of department store-type shops that would compete with retailers such as Debenhams and Marks & Spencer.
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News
Ahold mulls selling Schuitema stake to CVC
Dutch retailer Ahold is in talks to sell its majority stake in 443-store supermarket business Schuitema to private equity firm CVC.
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News
HMV to roll out new look after Christmas sales soar
Following market-bucking Christmas trading, entertainment retailer HMV is to roll out its next-generation store format.
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News
Carphone rings up Christmas profit rise
Mobile phone specialist Carphone Warehouse’s tills rang out a merry Christmas, as December sales and profits climbed.
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AnalysisThe end of the affair?
The City has fallen out of love with retail, as share prices tumble on the back of disappointing Christmas trading. George MacDonald asks whether it is a trial separation or a case for divorce
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Opinion
M&S’s knight is not beaten yet
Would Marks & Spencer’s investors have been better off if Sir Philip Green had succeeded with his 400p takeover proposal three years ago?
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News
Pampered pooches spur on Pets at Home
While many retailers suffered a dog of a Christmas, heavy spending on presents for pets delivered a seasonal sales surge for specialist Pets at Home.
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News
Woolies is shining light as Tesco and M&S updates add to gloom
Woolworths managed to lighten the gloom with the news that its retail arm will return to profit this year, but the sector was still down following lacklustre updates from Marks & Spencer and Tesco.
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News
M&S steps up Plan A with ethical factories
Marks & Spencer will work with suppliers to create six “ethical factories” to bolster its commitment to improved labour standards in developing countries.
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News
Comet seasonal like-for-likes flat
Comet, the UK electricals chain owned by Anglo-French retailer Kesa, has posted like-for-like growth of 0.7 per cent for the period from November 1 to January 8.
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News
Home Retail profit lifted by Argos Christmas success
General merchandise giant Home Retail expects full-year profits to be at the upper end of expectations after sales at catalogue chain Argos held up over Christmas.
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News
Game celebrates “outstanding” Christmas
Computer entertainment specialist Game has disclosed stellar Christmas trading figures, as a result of focus on a changing customer base and “unprecedented” range and quality of products.
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News
Theo Fennell Christmas sales rise
Theo Fennell, the AIM-listed jeweller, has posted a 2 per cent rise in sales for December.