All articles by George MacDonald – Page 85
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NewsNew Look hires boardroom big-hitters as founder Singh steps down
Fashion retailer New Look has bolstered its board with a raft of big names and founder Tom Singh is to retire.
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VideoWatch: How can Philip Green get Arcadia CVA over the line?
After Arcadia’s CVA vote ended in stalemate yesterday, the team run through what happened and debate what it might take to get it over the line.
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NewsArcadia expects lifeline as creditors swing behind CVA
Sir Philip Green’s embattled Arcadia fashion empire is expected to be thrown a lifeline tomorrow when creditors vote on controversial CVA proposals.
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OpinionOpinion: Amazon could be source of new ideas on retail property
In a week in which Arcadia took its proposed store closures to a creditor vote, Amazon was opening shops.
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OpinionLeader: Backing Arcadia's CVA is best bet for creditors
As the fate of Arcadia hangs in the balance, there is a danger that this week’s CVA vote will turn into a popularity poll on owner Sir Philip Green.
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NewsWatches of Switzerland floats with £647m valuation
Specialist retailer Watches of Switzerland has floated on the London Stock Exchange at 270p per share, giving the retailer a market capitalisation of £647m.
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AnalysisAnalysis: Why Boots store closures will devastate the high street
When Walgreens Boots Alliance (WBA) warned in April that it was going to be “more aggressive” in its transformation plans, alarm bells started ringing with landlords either side of the Atlantic.
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NewsGrocery sales fall in May as promotions rise
Supermarket sales slipped over the last month as grocers came up against tough annual comparisons.
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NewsPoundland owner posts sales rise as value chain ‘outperforms’
Pepkor Europe, owner of businesses including Poundland in the UK, has reported a rise in quarterly and half-year sales.
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NewsWalmart hires former Google and Amazon exec as CTO
Walmart has appointed a former Google and Amazon executive to “a new elevated chief technology officer and chief development officer role”.
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OpinionOpinion: High time M&S turns up volume on stores' voices
When Marks & Spencer revealed that it is to amp up the voice of its stores, including sharing P&L information with staff, the reaction in the retail industry was bemusement.
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VideoWatch: Can a CVA stave off Arcadia's collapse?
As landlords prepare to vote on Arcadia’s CVA, the team discuss whether Sir Philip Green’s business can be saved.
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OpinionOpinion: Julian Richer’s gift shows retail at its best
Retail entrepreneur Julian Richer showed the retail industry in the best light when he passed control of his business to staff last week.
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NewsSports Direct tycoon Ashley bails out of MySale
Sports Direct tycoon Mike Ashley has sold his stake in etailer MySale.
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NewsShoe Zone posts flat sales and profits in first half
Shoe Zone has reported a “positive” first-half performance, when it held sales and profits firm, as it benefited from falling rents on store lease renewals.
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NewsHalfords suffers fall in full-year profits
Halfords has reported a decline in full-year profits as challenging trading conditions and the weather took a toll.
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NewsWHSmith chief executive Clarke to step down
WHSmith group chief executive Stephen Clarke is to step down in October, when he will hand over the reins to Carl Cowling.
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NewsTopps Tiles reports ‘robust’ first-half in tough climate
Topps Tiles has reported a fall in interim profits but said it has gained market share and has made an “encouraging start” to the second half of its financial year.
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NewsMarks & Spencer people boss to step down
Marks & Spencer’s human resources director David Guise is leaving the retailer
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NewsSelfridges’ Kelly and sports giant Nike recognised at World Retail Awards
The best of global retail was celebrated last night at the World Retail Awards, held at the World Retail Congress in Amsterdam.