All articles by George MacDonald – Page 58
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NewsAnn Summers launches CVA in bid to secure turnover-based rents
Ann Summers has launched a CVA for 25 of its 91-strong store estate in a push to secure turnover-based leases.
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NewsPrimark posts ‘very strong’ sales after reopening post-lockdown
Sales at fashion powerhouse Primark have been “very strong” after stores reopened following national lockdowns, parent ABF reported.
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NewsB&M and Pets at Home follow grocers and forego rates relief
Value giant B&M and specialist retailer Pets at Home have become the latest retailers to waive business rates relief after Tesco sparked a spate of such initiatives earlier this week.
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Opinion‘Arcadia tycoon Green – from retail’s King Midas to King Canute’
Topshop tycoon Sir Philip Green’s fall from grace has been so spectacular and so total that it’s hard to remember what a force he once was.
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NewsBonmarché collapses into administration in grim week for retail
Fashion retailer Bonmarché has plunged into administration, adding to a grim toll of retail collapses this week.
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AnalysisAs Arcadia and Debenhams collapse, what will the aftershock mean for retail?
As December, traditionally the height of retail’s peak trading period begins, two of the industry’s most venerable names have been brought low by the Covid earthquake that has shaken the industry.
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Opinion‘Tiers and fears may disrupt but won’t derail retail recovery’
Much of the country will emerge from lockdown this week facing more restrictions than when it began in November. However, as a new year approaches, retailers can afford to look forward with some optimism after a year of turmoil.
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AnalysisDeep dive: How to think like a pureplay and survive the online sales shift
The time of the pandemic has been, for retail, the time of the pureplay – or at least a definitive switch to online.
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NewsFashion etailer In The Style ponders £100m IPO
Online fashion specialist In The Style is mulling a flotation that could value it at approximately £100m.
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NewsShops get go-ahead for December reopening
Stores dubbed ‘non-essential’ will be able to reopen at the start of next month when the latest English lockdown comes to an end.
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NewsM&S extends midnight openings to manage Christmas rush
Marks & Spencer will open most shops until midnight in the last days before Christmas to manage shoppers safely as the Covid pandemic continues.
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News‘Sainsbury’s Christmas ad is in tune with the times, its critics aren’t’
Sainsbury’s Christmas ad has brought out the bigots and trolls on social media since it aired at the weekend. Goodwill to all is clearly in short supply in some quarters this festive season, but the grocer, not its critics, is in tune with the spirit of the times.
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NewsM&S creates food hub to ‘supercharge disruptive innovation’
Marks & Spencer is to establish a specialist food innovation team in the new year with a brief to “create industry-leading products and address some of the biggest sector-wide challenges”.
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NewsBritish Land reports plunge in value of retail estate
Property group British Land has reported a steep fall in the value of its retail portfolio as CVAs and the Covid outbreak took a toll.
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NewsHalfords profits soar in ‘very strong’ first half
Cycling and motor accessories specialist Halfords has posted a surge in interim profits, helped by demand for bikes during the pandemic.
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GalleryFirst look: Sainsbury’s opens doors to new format Fresh Food Market
Sainsbury’s has unveiled its first ’Fresh Food Market’ as part of plans to “put food back at the heart of the business”.
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NewsM&S reshapes grocery team in ‘full shop’ push
Marks & Spencer has made changes to its grocery team as it bids to win a greater share of spend.
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VideoFace time: Lord Rose on Christmas, the future of cities and limiting screen time
From bricks and mortar to online, Lord Stuart Rose’s experience spans all of retail and the industry’s ups and downs. The Ocado chair and former Marks & Spencer chief executive shares his thoughts on the second lockdown, vaccine hopes, Christmas prospects and the industry’s future.
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VideoWatch: Tesco’s celebratory Christmas ad after year of pandemic gloom
Tesco is encouraging shoppers to treat themselves this Christmas after a year dominated by the Covid pandemic and associated lockdowns.
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NewsWatch: John Lewis unveils ‘give a little love’ Christmas ad after Covid year
Department store business John Lewis and grocery stablemate Waitrose have launched “a Christmas ad like no other in a year like no other”.