All articles by George MacDonald – Page 35
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Opinion‘Retail’s recent wave of IPO companies look like beached whales’
The performance of the wave of retail initial public offerings (IPOs) in the past couple of years has been the worst advert imaginable for the industry.
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NewsFenwick sells Bond Street store to fund return to profitable growth
Department store group Fenwick is to leave central London after selling its Bond Street branch to provide the fresh capital investment needed to restore profitable growth.
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NewsGreggs expands outlet chain as it seeks to cut food waste
Food-on-the-go specialist Greggs has opened the 30th store of its outlet chain, which enables it to minimise waste while contributing to deprived communities.
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NewsJohn Lewis turns down temperature to cut soaring energy bills
John Lewis and Waitrose are to turn down the temperature and dim the lights to reduce energy bills.
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NewsCurrys switches out of Royal Mail as strikes loom
Electricals giant Currys has dropped Royal Mail for parcel deliveries to minimise disruption from strikes during the crucial Christmas period.
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NewsSearch begins for successor to Morrisons boss Potts
Morrisons’ private equity owner is pondering an eventual successor to chief executive David Potts.
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NewsJaeger boss Fiona Lambert departs Marks & Spencer
Jaeger managing director Fiona Lambert is to leave Marks & Spencer two years after joining to lead the revival of the brand.
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Opinion‘As Next snaps up Joules, expect more retailers to go shopping for distress deals’
The current economic environment means the recent rash of acquisitions could continue, but such deals can turn a crisis into a shared opportunity, writes Retail Week executive editor George MacDonald
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NewsNext elbows out Foschini with last-minute swoop on Joules alongside founder
Fashion powerhouse Next has teamed up with Joules founder Tom Joule to buy the retailer, fending off competition for control from Phase Eight owner Foschini.
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NewsMarks & Spencer pumps investment into northern stores
Marks & Spencer is to invest £28.5m into flagship stores in the north of England next year, almost a third more than in 2022.
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NewsPhase Eight owner poised to snap up Joules
Foschini, the owner of fashion retailers Phase Eight, Hobbs and Whistles, is close to buying bust counterpart Joules from administrators.
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NewsHotel Chocolat pins hopes on stores in tough trading conditions
Hotel Chocolat bosses hope the resurgence of stores will help it navigate tough conditions following a year of restructuring.
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NewsH&M to cut 1,500 jobs amid tough retail conditions
Fashion giant H&M is to axe 1,500 roles as it seeks efficiencies and consumers watch their spending as the cost-of-living crisis bites.
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NewsMarks & Spencer acquires Thread specialist fashion tech in personalisation push
Marks & Spencer is to amp up the personalisation of its fashion offer after acquiring the intellectual property of specialist marketplace Thread, which had collapsed into administration.
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NewsNext boss Wolfson calls for more overseas workers to be allowed into UK
Next chief executive Lord Wolfson has urged the government to allow in more workers from abroad to fill UK job vacancies.
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NewsB&M reports 'good' golden quarter trading after profits fall
Value giant B&M has reported a “good” start to the Christmas season’s trading and a decline in first-half earnings.
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NewsWHSmith back in the black after year of 'significant recovery'
WHSmith has reported a return to profit and said its flagship travel arm is in its “strongest ever position” after it bounced back in the wake of the pandemic.
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Analysis'Better value than Primark' - how M&S is rebuilding clothing clout
Marks & Spencer may have warned that retail market conditions will get even tougher next year, but the retailer will take heart from a marked improvement in its clothing and home division
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AnalysisPrimark - more cheer than fear despite tough times to come
Primark parent ABF’s John Bason looks forward to a post-Covid Christmas, a bolstered digital presence and the opportunities that a new strategic board can help realise – even as margins fall in punishing market conditions
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DataGrocery shoppers flock to own-brand products as inflation pressure mounts
Consumers upped their spending on grocers’ own-brand lines last month as food price inflation reached another high.