All articles by George MacDonald – Page 45
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NewsStudio formally calls in administrators following cash call crisis
Online retailer Studio has formally drafted in administrators after signalling the likelihood of collapse earlier this month.
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NewsBids for health and beauty giant Boots expected today
Indicative bids for health and beauty giant Boots are expected to be submitted today, it is understood.
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Opinion‘UK retailers could follow US as ghost kitchens swoop into supermarkets’
Ghost kitchens are becoming an increasing part of the food retail landscape as grocers and restaurants compete for stomach share. Innovations in the US, from TikTok to Kroger, may inspire similar initiatives in the UK, says George MacDonald
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NewsJD Sports ups profit forecast but delays results to address Footasylum fallout
JD Sports has upped profit expectations but delayed its full-year results so it can address the divestment of Footasylum and complete a governance review.
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Opinion‘Asda’s reaction to Jack Monroe reveals rise of a new style of influencer’
As the spiralling cost of living unsettles consumers – inflation now stands at a 30-year high according to this week’s ONS data – retailers’ value propositions are coming under the spotlight in new ways, sometimes in an unflattering light, from a new type of influencer.
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NewsMarks & Spencer unveils £10-per-hour pay deal for all staff
All Marks & Spencer store staff will earn at least £10 per hour from the beginning of April under the retailer’s latest reward scheme.
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NewsJohn Lewis poaches Co-op executive as first ‘pan-Partnership’ customer director
The John Lewis Partnership has appointed its first customer director with responsibility across the entire business.
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NewsJoules posts profit fall as costs take toll
Fashion retailer Joules has suffered a decline in first-half profits as rising costs hit its bottom line.
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NewsOcado earnings slip in year of tech investment
Online grocer and tech platform Ocado has reported a fall in full-year earnings as it invested in technology.
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NewsExclusive: M&S bolsters clothing and home top team as Lindsey brothers step aside
Marks & Spencer has made changes to its clothing and home leadership team as it pushes to further improve performance and sourcing gurus the Lindsey brothers stand down.
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NewsAmazon reveals sales surge and ups price of Prime subscription
Amazon has reported a rise in sales and earnings over the Christmas quarter and is to increase the cost of a subscription to its Prime service.
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Opinion'Why Walmart’s InHome delivery scheme may be convenience retail’s final frontier'
Where Walmart goes, other retailers frequently follow and the latest foray by the US powerhouse takes it right into customers’ homes – specifically their kitchens.
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Opinion‘Was discount format Jack’s a waste of Tesco’s time?’
When Tesco’s first Jack’s store opened in Chatteris in 2018 the Fenland town found itself in the unusual position of being a must-visit retail destination.
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NewsMarks & Spencer launches livestreaming shopping service
Marks & Spencer aims to inspire customers and generate spend with the launch of a live shopping service on its website.
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Opinion‘As cost of living climbs, value-for-money battle will make or break retail success’
With consumers across the board feeling the pinch of rising prices, retailers should remember that value for money need not mean cheap, writes George MacDonald
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NewsPrimark pledges to keep prices low and cuts 400 jobs
Value fashion giant Primark has vowed not to increase prices, despite an inflationary environment, and is to axe 400 jobs.
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GalleryStore gallery: Aldi opens first ever cashierless store in Greenwich
Value grocer Aldi has become the latest food retailer to unveil a checkout-free store.
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NewsHotel Chocolat nudges up profit forecast after festive sales rise
Hotel Chocolat expects full-year earnings to come in just ahead of expectations after sales rose over Christmas.
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NewsThe Hut posts record sales of more than £2bn after strong final quarter
Online retailer and tech group THG – The Hut – has reported full-year sales of more than £2bn after “significant growth” over the peak trading period.
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NewsAmazon postpones proposed ban on Visa credit cards
Amazon has suspended plans to stop accepting UK Visa credit card payments as the etailer and payments giant attempt to resolve their dispute over fees.