All articles by George MacDonald – Page 67
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NewsDebenhams cuts head office jobs but secures key stores
Department store group Debenhams is cutting head office jobs as it seeks to put itself in shape for a turnaround and has secured two key trading locations that it had faced losing to Next.
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AnalysisAnalysis: Has coronavirus called a halt to Aldi’s growth?
The relentless rise of Aldi over recent years has been one of grocery retail’s enduring success stories. The value giant, like rival Lidl, ate into the market share of mainstream grocers as consumers gorged on its low prices and tightly curated range.
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AnalysisRetailer sentiment improves as store reopenings near
Retailers have become more optimistic about how long the coronavirus pandemic will disrupt business as they prepare to reopen stores at the start of next month.
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NewsGrocery sales rise as online shopping gains ground
Sales of take-home groceries have surged and food retailers’ online growth reached new heights, the latest grocery market share data has shown.
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NewsCoronavirus takes toll on retail property giant British Land
Meadowhall owner British Land has reported a fall in valuations and retail rent as the coronavirus pandemic piled pressure on annual performance.
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NewsFrasers boss blames Cummings effect for store reopening delay
Frasers Group finance chief Chris Wootton has blamed the controversy engulfing Boris Johnson’s advisor Dominic Cummings for later than expected store reopenings which he said will “finish off” some retailers.
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OpinionOpinion: On June 15, retailers need to remind shoppers of what they’ve missed
Some reassuring news accompanied Marks & Spencer’s results last week – the rate of coronavirus infection among its staff was no worse than among the general population.
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OpinionOpinion: Will new direct-to-consumer wave outlast pandemic?
As the health emergency forced the world into lockdown, businesses adapted as fast as they could to cater for cooped-up customers and create alternative revenue streams.
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NewsFormer Debenhams director Cristofoli named chief customer officer at Freemans Grattan
Former Debenhams director Richard Cristofoli is to join home shopping group Freemans Grattan Holdings as its first chief customer officer.
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NewsBurberry cautions post-pandemic recovery will take ‘some time’
Luxury goods retailer Burberry anticipates a potentially lengthy period before business returns to normal.
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NewsRetail sales slump in April as fashion takes a hit
Retail sales by volume fell a record 18.1% in April, official data showed.
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NewsMoss Bros and Crew Clothing owner wrangle over deal
Men’s fashion specialist Moss Bros and former suitor Brigadier Acquisition Company are both seeking to defend their positions over their deal-gone-sour.
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NewsVictoria’s Secret takes axe to store estate
US lingerie giant Victoria’s Secret is to shut a quarter of its stores in its home market of North America following the collapse of sales hopes.
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NewsMarks & Spencer raids Asda’s George for online clothing boss
Marks & Spencer has hired a vice-president of Asda’s George brand to head its online clothing business as it pivots further to be a digital-first retailer.
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NewsFortnum & Mason to reopen food departments tomorrow
Landmark London store Fortnum & Mason is to begin a phased reopening tomorrow when it will come out of coronavirus lockdown.
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AnalysisRetailers expect post-pandemic recovery to take up to a year
Retailers expectations about the length of time for recovery following the coronavirus pandemic have lengthened, despite some easing of lockdown measures.
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OpinionOpinion: Oxford Street needs post-pandemic retail reinvention
It’s the UK’s premier urban shopping destination, but London’s Oxford Street will need a lot of TLC to recover from the impact of the coronavirus outbreak.
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NewsEx-Debenhams workers in Bangladesh plead to be paid
Former Debenhams staff in Bangladesh have uploaded a video to YouTube pleading to be paid following the department store group’s administration.
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NewsMarks & Spencer to start reopening cafes
Marks & Spencer is to reopen 49 in-store cafes from tomorrow, serving takeaway hot drinks only.
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NewsFormer Asda boss Leighton in private equity buyout of TM Lewin
Menswear retailer TM Lewin has been acquired by a private equity team including former Asda chief executive Allan Leighton.