All articles by George MacDonald – Page 38
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NewsMorrisons launches media business to capture brands’ advertising revenues
Morrisons has become the latest retailer to launch an advertising media business connecting brands to consumers.
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NewsJD Sports rides out turmoil to post profits at top end of expectations
JD Sports has reported a fall in first-half profits, which nevertheless came in at the top end of management expectations after a period of upheaval.
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Opinion‘As retailers call founders to the rescue, long-term success can’t depend on them’
Several retailers in recent weeks have hoped their founders and former leaders can turn their fortunes around – but strong businesses are not one-man shows, writes George MacDonald
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NewsMarks & Spencer unveils £15m cost-of-living support for staff
Marks & Spencer has launched a £15m support package for employees to help them through the cost-of-living crunch.
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NewsMini-Budget expected to address cost of living next Friday
The government is expected to unveil a ‘mini-Budget’ a week today when new prime minister Liz Truss will reveal details of plans to confront the cost-of-living crunch.
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DataRetail sales volumes slide as cost of living bites
Year on year retail sales rose by value but plunged by volume last month as the cost of living climbed, official figures reveal.
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NewsTroubled Naked Wines parachutes founder Gormley in as adviser
Naked Wines has appointed founder Rowan Gormley, former chief executive and still a “material” shareholder, as a board adviser as it reviews its business.
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AnalysisShrinking baskets and soaring costs: John Lewis pins hopes on a Christmas miracle
The John Lewis Partnership, like all of retail, faces yet another volatile and uncertain Christmas trading period.
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NewsJohn Lewis, Primark, Aldi to shut stores all day for Queen’s funeral, others likely to follow
Leading retailers will close stores for the day on September 19 when Queen Elizabeth II’s funeral will be held
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AnalysisRetail’s wish list for new prime minister Liz Truss
Liz Truss has been named as the new leader of the Conservative party – and the UK’s 56th prime minister – following a fractious two-month contest.
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NewsJohn Lewis pivots to be ‘for all life’s moments’ with product, stores and positioning shift
John Lewis is to pitch itself as the go-to retailer “for all life’s moments”, relaunching its own brand, changing the way it merchandises and piloting new store formats to reflect its new focus.
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GalleryIn pictures: Great food halls from around the world
As Selfridges’ new owners formally take the keys to the legendary department store business, one of their priorities is to modernise the food hall at the Oxford Street flagship.
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NewsRevolution Beauty share trading suspended as results delayed
Trading in shares of AIM-listed Revolution Beauty is to be suspended this week
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NewsNext investment in Joules in doubt following profit warning
A potential investment by Next in embattled fashion retailer Joules may not go ahead in the wake of the latter’s most recent profit warning
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NewsUpdated: Asda frontrunner to buy Co-op forecourts business
The Co-op is in talks to offload its forecourts business for about £450m to cut debt and improve its balance sheet.
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NewsIceland expects profit hit as higher energy costs bite
Iceland anticipates a hit to earnings this financial year as the soaring cost of energy takes a toll but said it is well positioned to weather tough trading conditions
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AnalysisIt ain’t what you do, it’s the way that you do it – expectations of a modern retail leader
The role of the modern retail chief executive is changing – fast – and it is contributing to a shift at the top of leading companies, in some cases prompting the departure of leaders whose commercial prowess and acumen could barely be faulted.
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NewsAsda axes best-before dates on hundreds of lines
Asda has become the latest grocer to remove best-before dates from fresh fruit and veg, helping customers to save money and reduce waste
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NewsSimply Be launches rental collection on Hirestreet
Fashion retailer Simply Be has launched its first clothing rental range on specialist platform Hirestreet.
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NewsSenior director exits embattled Made.com as it considers capital raise
The senior independent director at troubled Made.com has left the retailer just one day after it said it may need to raise new financing.