All articles by George MacDonald – Page 40
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Opinion‘When Amazon and Walmart sneeze, all of retail could catch a cold’
Signs of pressure on two of the world’s leading retailers, US-based giants Amazon and Walmart, will send a shiver down the spines of businesses in the UK
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OpinionBusiness rates and online sales tax – reviews and rows but what hope of a resolution?
As retailers battle the increasing costs of doing business, they still bear one of their longest-suffered and biggest burdens – business rates.
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AnalysisHow Currys plans to seize market share opportunity from cost-of-living crisis
Currys boss Alex Baldock has set out how the electricals retailer will ‘keep the customers coming back’, despite the increasingly challenging trading environment.
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AnalysisThe great service shortfall: Tackling retail’s new pandemic
Customer service levels were hammered during the pandemic, but the era of ‘Covid-forgiveness’ among consumers is over.
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NewsM&S defends Rowe bonus in face of significant investor revolt
Marks & Spencer has defended its stance on director remuneration – including that of departing chief executive Steve Rowe – after a substantial proportion of investors opposed the package.
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NewsVery Group drafts in former Walmart director as chief executive
Online retailer Very Group has appointed an ex-Walmart executive to become chief executive as Henry Birch stands down after four and a half years in charge.
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NewsSainsbury’s reports sales drop as finance chief steps down
Sainsbury’s has posted a fall in first-quarter sales and named a new chief financial officer to replace Kevin O’Byrne.
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Opinion‘Boots needs more TLC to create value, whoever owns it’
After failing to find a buyer for Boots, Walgreens insists “it is an exciting time” for the health and beauty stalwart, but without innovation and investment it risks falling behind, writes George MacDonald
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NewsHilco acquires fashion retailer Cath Kidston
Investor Hilco is understood to have acquired fashion retailer Cath Kidston, famous for its distinctive design.
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NewsFrasers snaps up stake in fashion marketplace MySale
Frasers has bought a 28.7% stake in Australia-based fashion marketplace MySale, which it said would help it clear end-of-line stock.
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NewsJohn Lewis makes key fashion hire to build own-brand
John Lewis has appointed its first director of design for fashion as it prepares to “accelerate plans to expand our own-brand ranges with design that will inspire and excite customers”.
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Opinion‘Refusal to allow M&S to modernise Marble Arch will further diminish West End’s appeal’
Retail businesses, shops and the locations where they trade cannot be preserved in aspic. But that is what opponents of Marks & Spencer’s plans to redevelop its flagship Marble Arch store seem to want.
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NewsJD Sports’ profits double versus pre-pandemic record
JD Sports has more than doubled full-year profits compared to the record sum achieved before the Covid pandemic hit.
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NewsAsda chair Rose urges VAT cut to combat cost of living crunch
Asda chair Lord Stuart Rose believes the government should consider reducing VAT or further cutting fuel tax to help ’kill’ inflation, which is prompting shoppers to limit their spending.
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NewsM&S ‘bewildered and disappointed’ by Gove’s Marble Arch intervention
Marks & Spencer has reacted angrily to Michael Gove’s decision to call in the planned redevelopment of its flagship Marble Arch premises.
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NewsMarks & Spencer appoints new food boss
Marks & Spencer has appointed a new managing director of its food division, following former grocery boss Stuart Machin’s promotion to become chief executive.
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NewsWest End retail property giants press button on merger
Property companies Shaftesbury and Capco are to merge, bringing the control of some of central London’s best-known shopping districts under single ownership.
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NewsTesco sees signs of changing shopper behaviour as inflation bites
Tesco has reported “early signs” that shopper behaviour is shifting as the soaring cost of living bites.
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NewsNew Look names chief executive to replace Oddy
Fashion retailer New Look has promoted Helen Connolly to become chief executive, succeeding Nigel Oddy.
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Opinion‘Cost-of-living tsar appointment smacks more of spin than substance’
As the punishing weight of inflation dominates daily life – and looks as if it will continue to for a long time yet – the government’s latest attempt to address the issue is the appointment of a cost-of-living tsar.