All articles by George MacDonald – Page 265
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News
Unhappy Christmas for US retailers as sales fall
Many US retailers have suffered just as disappointing a Christmas as their UK counterparts, December sales figures showed.
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News
John Lewis named UK's favourite shop
Department store business John Lewis has been named the UK’s favourite retailer in a survey of 6,000 shoppers.
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News
Redcats to shut Empirestores with loss of 850 jobs
Home shopping specialist Redcats is to shut its agency business Empirestores, with the likely loss of 850 jobs, to focus on its e-tail operations.
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News
Blow to Kingfisher as Asia chief Gilman quits
Veteran B&Q boss Steve Gilman, who is chief executive of its Asia division and one of the company’s most respected retailers, has made a surprise decision to stand down later this year.
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Opinion
Browett has a long road ahead
Crucial as it is, making the sale is the final point in the retail chain. Knowing what to buy – and buying at the right price – is the starting point.
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News
Shares take beating as festive casualties arise
Quoted retailers suffered an unhappy new year as shocking profit warnings and panic about prospects destroyed value.
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News
Retail shares dive as Christmas trading statements disappoint
Wednesday brought another battering for the stores sector, which had already lost more than a tenth of its value in the previous week, as Marks & Spencer’s shares plunged 20 per cent after a damp squib Christmas.
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News
Hodkinson takes over to drive change at Wyevale
Wyevale Garden Centres chairman Jim Hodkinson has assumed day-to-day control of the private equity-backed business.
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News
M&S chiefs snap up shares after Christmas disappointment
Marks & Spencer directors have ramped up their shareholdings, sending a message to investors that they remain convinced of the retailer’s strength following reaction to today’s trading update.
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News
Short sellers target WHSmith
Short sellers have increased their positions in bookseller and stationer WHSmith by 200 per cent in the past six months, it has emerged.
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News
C-stores fuel Co-op’s Christmas growth
The Co-operative Group has celebrated a happy Christmas on the back of a strong performance from convenience stores and remodelled shops.
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News
JLP sales climb at Christmas
John Lewis Partnership has posted strong growth at both its department store and Waitrose supermarket divisions for the five weeks to January 5.
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News
Sainsbury's shares plunge on back of City festive fears
Sainsbury’s shares have slumped to their lowest in more than a year as fears swept the City that the grocer had a disappointing Christmas.
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Opinion
The Retail Week - January 4, 2008
DSGi needs to be switched on to cope with ailing sales at its PC World business, or is it time to pull the plug?
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Opinion
The Retail Week – January 4, 2008
DSGi needs to be switched on to cope with ailing sales at its PC World business, or is it time to pull the plug?
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Opinion
Out of the frying pan, into the fire
It looks as if 2008 may be the year of living dangerously for retailers.
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News
City forecasts winners as tough 2008 dawns
Analysts face hard choices this year as they weigh up recommendations after the stock market savaging of 2007.
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News
Carpetright: The City View
Founder Lord Harris called off his attempt to take Carpetright private just before Christmas.
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Opinion
Grocers dominate 2007’s risers as all eyes are on January totals
Last year was a tale of two retail sectors. While grocers’ valuations – buoyed by bid speculation – raced ahead of the All Share index, general merchandisers’ stock sank by almost 26 per cent.
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News
Ocado to push into general merchandise
Ocado, the home shopping business in which retailer John Lewis is a stakeholder, is to push into new categories including babywear and flowers.