All articles by George MacDonald – Page 34
-
NewsExclusive: Marks & Spencer reshapes top digital team for next growth phase
Marks & Spencer co-chief executive Katie Bickerstaffe has “reset” her team to build on omnichannel momentum and create a more compelling customer ecosystem, Retail Week can reveal.
-
NewsAmazon UK warehouse network overhaul puts 1,200 jobs at risk
Amazon intends to shut three of its UK warehouses, affecting 1,200 jobs.
-
NewsShoe Zone sales and profits rise after ‘very positive year’
Shoe Zone achieved a rise in revenues and earnings last year, when stores performed strongly.
-
NewsCard Factory ups profit guidance as trading beats expectations
Card Factory expects annual profits to come in ahead of guidance, helped by a strong Christmas.
-
NewsAO.com and Marks Electrical improve golden-quarter profit expectations
AO.com and Marks Electrical have both revealed rising profitability following golden-quarter trading.
-
AnalysisAnalysis: Next’s Lord Wolfson – caution in 2023 but ‘light at end of tunnel’ for retailers
A profit upgrade but reduced expectations for the year ahead – what to make of Next’s Christmas update? Chief executive Lord Wolfson unpicks the trading messages
-
NewsGreggs beats strikes and bad weather to post strong seasonal sales
Food-on-the-go specialist Greggs generated a big Christmas sales rise to end the year strongly.
-
NewsNext ups profit guidance as Christmas sales beat expectations
Fashion powerhouse Next has increased its earnings guidance after a strong Christmas performance.
-
NewsAmazon to cut 18,000 jobs across its business as tech giants suffer
Online giant Amazon is to axe approximately 18,000 jobs – about 6% of its workforce.
-
NewsSainsbury’s unveils ‘biggest ever’ investment in higher staff pay
Sainsbury’s is making its “biggest ever” investment in higher wages for staff, bringing its hourly pay rate up to at least £11 per hour.
-
NewsTorrent of strikes could continue well into new year
A wave of industrial action, which has disrupted life for many including the retail sector, may continue for months to come, the TUC has warned.
-
NewsJoules owed more than £100m when it hit the wall
Fashion retailer Joules was nearly £114m in the red when it collapsed last month.
-
NewsAsos shareholders urged to rebel at AGM next month
Troubled online fashion giant Asos faces the prospect of a shareholder rebellion at next month’s AGM.
-
NewsExclusive: Richard Bradbury returns to River Island as executive chair
Richard Bradbury has returned as boss of River Island, 12 years after leaving the fashion retailer.
-
Opinion'Retail’s 12 gifts of Christmas to customers and the country'
Retailers have once again pulled out all the stops to look after consumers during 2022 – a year when customers and companies alike have laboured under burdens such as soaring inflation and the disruption following Russia’s invasion of Ukraine. George MacDonald celebrates the retail industry’s fantastic contribution
-
NewsAsda chair Rose urges ‘thoughtfulness’ on strikes
Asda chair Lord Stuart Rose has spoken out about the wave of strikes engulfing the country and advised “thoughtfulness” on all sides as confrontation continues.
-
NewsNovember retail sales rise by value but volumes fall, official data shows
Retail sales increased by value last month but volumes declined, the latest ONS data revealed.
-
AnalysisCurrys boss Baldock on a tale of two markets – a Nordic slump vs UK resilience
Currys chief executive Alex Baldock painted a picture of starkly different markets as he unveiled the retailer’s interim results
-
NewsExclusive: Loaf names Sam Perkins chief executive as founder Marshall takes up brand role
Furniture specialist Loaf has appointed former In The Style boss Sam Perkins as chief executive as founder Charlie Marshall steps aside, Retail Week can reveal.
-
NewsMountain Warehouse targets openings for new store format
Outdoor clothing specialist Mountain Warehouse plans to open more big stores and expects to be back in the black this financial year.