All articles by George MacDonald – Page 4
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NewsCourt to have final say on Poundland restructuring after creditor pushback
Creditors have failed to fully back value retailer Poundland’s restructuring plan, meaning a final decision will be made at a court hearing next week, Retail Week understands.
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AnalysisPoundland poised to press button on £1 price rollout as it awaits restructuring green light
Assuming the value retailer wins support for its turnaround plans in the next few days, boss Barry Williams thinks it could make a comeback as swift as its decline. Here, he tells Retail Week about his plans to make Poundland a favourite with shoppers once again
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NewsJohn Lewis appoints chief digital and omnichannel officer
Department store group John Lewis has named a chief digital and omnichannel officer as it seeks to build its digital operations.
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NewsShein posts record UK annual sales and profits
Online fashion giant Shein, which is pondering a London listing, has reported record turnover and earnings at its UK arm.
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NewsDobbies optimistic on turnaround prospects as restructuring costs hit earnings
Garden centre group Dobbies has posted steeper storical losses but bosses are pleased by the early results of a revival plan.
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NewsSupermarkets at risk of closing as a result of business rates rise
More than 100 supermarkets run by big grocers could shut because of government plans to increase business rates, piling futher costs on the industry.
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NewsFrasers call for suspension of Boohoo founder and investigation into loan claims
Tycoon Mike Ashley’s Frasers Group has demanded the suspension of Boohoo founder and executive vice-chair Mahmud Kamani and a probe into allegations about loans to suppliers.
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Opinion‘To employee ownership and beyond! The Entertainer’s toy story shows retail at its best’
The entrepreneurs who built The Entertainer into the UK’s biggest specialist toy retailer are transferring ownership to their employees. What a great advert for values in retail, says George MacDonald
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NewsMarks & Spencer raids Asda for top people hire
Marks & Spencer has appointed a new chief people officer who joins from Asda, Retail Week can reveal.
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NewsMarks & Spencer baby club membership beats expectations
Marks & Spencer’s baby club for members of its Sparks loyalty scheme has exceeded expectations.
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Opinion‘As it wins approval for restructuring, River Island still faces fundamental questions’
Any restructuring of River Island will only be a small step towards recovery. The retailer needs to find its sense of purpose, believes George MacDonald
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AnalysisJohn Lewis sprinkles ‘magic dust’ in new-look beauty hall
The beauty market is booming and John Lewis, already a strong player, is determined to build on its position as its new beauty hall in Liverpool shows. Chief commercial officer Vikki Kavanagh showed Retail Week around
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GalleryFirst look: John Lewis kicks off beauty halls makeover alongside Rihanna tie-up
Department store group John Lewis has opened the doors to a new-look beauty hall that will be rolled out across the business and which it described as representing “a new era” in the category
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InterviewTheo Paphitis: I’ve owned Ryman for 30 years, and this is what I’ve learned
Three decades ago, entrepreneur Theo Paphitis bought stationer Ryman out of administration. He built the business up and became one of the UK’s most recognisable businesspeople, but Covid almost killed Ryman.
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GalleryStore gallery: Roadchef’s first Farm Shop ‘marks shift in motorway shopping’
Motorway services group Roadchef has opened its first Farm Shop, specialising in local produce.
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NewsTycoon Paphitis sets sights on Ryman Design expansion
Retail entrepreneur Theo Paphitis aims to build his fledgling Ryman Design fascia into a 30-store portfolio, Retail Week can reveal.
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NewsJohn Lewis may cut affordable flats development due to delays
Department store and grocery group John Lewis Partnership may cut the number of affordable flats at its build-to-rent scheme in Reading as planning delays and funding demands threaten the viability of the project.
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NewsWeston family member who helped transform Selfridges dies
Hilary Weston, who is credited with playng a key role in the transformation of Selfridges, has died aged 83.
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NewsHarvey Nichols to unveil transformed ground floor in ‘pivotal moment’
Department store Harvey Nichols will reveal the first part of its transformation in the autumn when a “reimagined ground floor retail experience” opens.
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Opinion‘Unemployment fears could weigh on consumers’ minds even more than price rises’
A cautionary comment from fashion powerhouse Next that rising unemployment could be a threat in the months to come will resonate with other retailers, observes Retail Week executive editor George MacDonald