All articles by George MacDonald – Page 73
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NewsPop-up retail property specialist Boxpark posts profits rise
Boxpark, the pop-up retail property specialist, has reported a rise in profitability and is eyeing expansion outside London.
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NewsComet liquidator sues French retailer Fnac Darty
Comet’s liquidator, FRP Advisory, is suing French retailer Fnac Darty for £115m over aspects of the electricals retailer’s collapse.
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OpinionOpinion: Forget about the haters – retail’s right to go green
When retailers unveil great ambitions to set new standards in sustainability, it frequently leads to an outbreak of grumpy whataboutery.
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NewsH&M profits rise as new chief executive appointed
Fashion giant H&M has reported a rise in full-year profits and veteran chair Stefan Persson is to stand down after two decades in the role.
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NewsComet administrators face record £1m fine
The administrators of collapsed electricals retailer Comet are expected to be fined a record £1m over aspects of their involvement.
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NewsNordstrom launches second-hand clothing range in flagship store
US department store group Nordstrom is to sell used clothes in its New York flagship store and online to tap into consumer demand for second-hand goods as shopping habits change.
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NewsMike Ashley’s Frasers Group cleared over Belgian tax question
Frasers Group, the renamed Sports Direct business controlled by Mike Ashley, has correctly paid tax in Belgium that had been questioned by the authorities there.
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NewsMorrisons to axe 3,000 roles in stores shake-up
Morrisons is to axe 3,000 department managers across its stores as part of a restructure of shopfloor teams, Retail Week can reveal.
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NewsMarks & Spencer snaps up property director from Asda
Marks & Spencer has appointed a new property director from Asda in its second big hire to be revealed today.
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NewsMarks & Spencer swoops on Sainsbury’s Argos for new retail chief
Marks & Spencer has poached one of Sainsbury’s Argos most senior executives to become stores director, Retail Week can reveal.
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OpinionOpinion: Don’t drown your sorrows, there are lessons to learn from pubs
As another retailer collapses into administration, this time 140-year-old department store business Beales, perhaps store chains can learn lessons from another industry that has been through the mill.
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NewsSosandar to beat full-year sales target after record Christmas
Sosandar, the online womenswear specialist, will beat full-year sales expectations after a strong Christmas performance.
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NewsRetailers voice fears over Brexit abandonment of EU rules
Trade body the BRC has reacted with concern to chancellor Sajid Javid’s plans to ditch EU rules as Brexit looms.
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NewsIntu to raise new equity in battle to repair balance sheet
Retail property giant Intu intends to raise new equity as it seeks to fix its balance sheet.
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NewsBeales collapses into administration
Department store Beales has fallen into administration today after a crunch meeting about the future of the business failed to prevent collapse.
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AnalysisNew year, new you? The retailers in need of reinvention
Many people have started the new year with a mission to reinvent themselves. Lose weight, get more organised, find a new job. Which retailers could benefit from adopting a similar approach and what could their reinventions look like?
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NewsPaphitis posts profit rise at Ryman and Robert Dyas
Theo Paphitis Retail Group has posted an uplift in earnings at Ryman and Robert Dyas, but trading has been tough at Boux Avenue.
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NewsMorrisons reshuffles executive committee
Morrisons has unveiled changes to its executive committee following last month’s promotions of Trevor Strain to chief operating officer and Michael Gleeson to chief financial officer.
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OpinionOpinion: If Flybe deserves a break, why doesn’t retail?
As it emerged that regional airline Flybe was in trouble, ministers scrambled into action to keep the business flying.
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NewsJohn Lewis weekly sales fall despite demand for spring lines
Sales at the John Lewis & Partners department stores business slid 5.8% year on year last week as demand for clearance bargains slowed and mild weather hampered the performance of fashion, despite “strong demand for new spring products”.