All articles by Tim Danaher – Page 33
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AnalysisStreets of shame
Some of the UK’s most celebrated streets are a shadow of their former selves. And while the recession is partly to blame, other factors are at work. Retail Week looks at why three of the UK’s most prestigious retail locations have taken a turn for the worse and if the ...
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OpinionSave our iconic streets from wrack and ruin
Up and down the country, some of our most prestigious retail locations are being allowed to rot. But high-profile shopping districts are vital for the prosperity and image of major UK cities, and can’t be simply abandoned.
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NewsConran Shop launches entry-level price range
The Conran Shop is to roll out a lower-priced range in an attempt to introduce new customers to the brand who might have perceived it as too expensive.
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NewsHot weather holds back John Lewis but helps Waitrose
Hot weather in the early part of last week held back John Lewis’s sales, but helped Waitrose to a strong week.
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NewsAldi UK boss Paul Foley lashes out at supplier bullying
Suppliers must refuse to be “bullied” into not supplying discount retailers by the sector’s giants, Aldi UK and Ireland group managing director Paul Foley said yesterday.
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NewsSir Terry Leahy warns against over-regulation of retail
Tesco chief executive Sir Terry Leahy warned this morning that political and regulatory interference could hamper retail’s role in helping the economy out of recession.
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NewsDirectors take home less at Sainsbury's
Sainsbury’s chief executive Justin King’s total remuneration fell 6 per cent last year.
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NewsAsda kicks off schoolwear price war
George at Asda has kicked off a school uniform price war, offering a complete uniform for £4.75.
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OpinionIs Andy Bond the man for M&S?
Andy Bond has proven at Asda that he has the skills and experience to take on the top spot at Marks & Spencer, but would he take the role?
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NewsRetail stocks rebound but City still cautious
Has the rally in general retail stocks run its course? That’s what one leading broker said, despite the sector rebounding this week after three weeks of decline.
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OpinionFrancis Salway departure would be retail’s loss
For Land Securities chief executive Francis Salway to go would be a massive setback to all the work which has gone on to improve relationships between landlords and retailers.
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OpinionFood retail’s outstanding leaders
The supermarkets have pursued very different tactics to navigate the recession, but their success derives from one common quality, which is a clear vision that comes right from the very top.
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NewsONS admits it has overstated sales volumes
The Office for National Statistics is to revise the way it calculates its much criticised official retail sales figures.The Government’s official statistical body said the net impact of the changes will be to revise down its estimates of sales volumes. There will be no impact on the assessment of sales ...
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NewsJohn Lewis celebrates best week of the year
John Lewis experienced its best week of the year in the seven days to May 9, with the beleaugered home sector leading the way. Overall, sales were down marginally by 0.4 per cent to £46.8m.
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Tesco thinks local to outrun global recession
It’s too early to call the end of the global recession, but it has stopped getting any worse. That’s the prognosis from Tesco international director Phil Clarke.
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NewsJustin King says he is staying at Sainsbury’s
Justin King has said he has no intention of quitting Sainsbury’s, quashing persistent speculation that he is being lined up as the next chief executive of Marks & Spencer.
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US retail needs structural changes
Structural change is still required in US retail before the sector can emerge from the downturn, the World Retail Congress heard on Wednesday afternoon.
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OpinionRetail is fighting back – but we’re not there yet
Recession? What recession? If you’d landed from outer space two weeks ago, you’d be forgiven for wondering what all the fuss is about, from a retail point of view anyway.
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OpinionA few blips, but Tesco is still a model retailer
For what’s supposedly been a bad year for the UK’s biggest retailer, the full-year results released by Tesco on Tuesday were anything but.
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NewsTesco outperforms as profits rocket to £3bn
General retail stocks have outperformed the supermarkets lately, but that pattern was reversed this week as Tesco’s full-year results exceeded City expectations.