All articles by Tim Danaher – Page 37
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Opinion
Comment: The Woolworths inquest begins
As the dust settles after the dramatic events of this week, the big talking point is what pushed Woolies under, and whether it could - and should - have been saved.
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Opinion
Woolworths' fall is an opportunity for grocers
The supermarkets' move into general merchandise played a role in accelerating Woolworths' downfall. They are also sure to play a big part in what happens next.
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Analysis
Video: The week in retail
TGi Friday: Tim Danaher and George MacDonald discuss Woolworths' fall into administration and the implications for the wider retail industry.
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News
Zavvi confident stocks will be maintained after EUK collapse
Entertainment retailer Zavvi is understood to be confident it can maintain levels of stock in the run-up to Christmas, despite the collapse of Woolworths subsidiary EUK, which supplied it with almost all its product.
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News
General retail stocks cling on as more turmoil rocks the sector
General retail stocks bounced back this week despite a tumultuous week for the sector.
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News
Woolworths administration confirmed
The appointment of Deloitte as Woolworths' administrator was confirmed this morning.
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News
Woolworths and MFI enter administration: A sad day for retail
Comment: Two of the most venerable names in retail collapsed today, in what is the saddest day for retail that anyone in this office could remember.
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News
Fashion retailers join forces to implement VAT cut
Marks & Spencer, Arcadia, Bhs, Next, New Look and Mosaic Fashions have jointly confirmed they will implement the 2.5 per cent cut in VAT on Monday, or as soon as possible afterwards.
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News
MFI files for administration
Updated: Staff at troubled kitchen retailer MFI were called to a meeting this morning where they were told the company has applied to go into administration. A notification of intention to file for administration was filed with the High Court last night and the company is expected to go ...
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Opinion
RMUs: Barrowloads of bother
You know times are hard when landlords start packing in tacky stalls into the public areas of their malls, or RMUs to use the rather ugly technical term.
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News
VAT cut expected in pre-Budget report
Chancellor Alistair Darling is expected to cut VAT to 15 per cent in today's pre-Budget report as part of a raft of measures designed to stimulate the economy.
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Analysis
Rate rage: £300m in 2009, £1bn from 2010: Why soaring business rates matter to retail
Retailers already pay £6 billion a year in business rates. As things stand, that will increase by about £300 million in 2009 and by as much as £1 billion in 2010.
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News
Join Retail Week's campaign against soaring rates bills
Retail Week s Rate Rage campaign aims to stop the government increasing business rates in 2009 and 2010. Experts fear a rise of 5 per cent in 2009, adding £300 million to retailers bills, and a rise of as much as £1 billion following the 2010 revaluation. ...
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Opinion
It’s bad but it will get worse
The bold 1.5 percentage point interest rate cut was supposed to help restore consumer confidence.
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Analysis
DSGi: The gloves come off
As he approaches the first anniversary of taking charge of DSGi, John Browett faces a mountain of problems. But as he tells Tim Danaher, if he can get the service right he is confident it can turn the corner.
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Opinion
Retailers need to pull together
It’s only one month and not the three required to meet the technical definition, but the October total sales decline announced by the British Retail Consortium this week confirms that retail is entering recession.
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News
M&S to slow openings as profits crash
Marks & Spencer is to slow the rate of openings for its Simply Food chain as part of a host of cost-saving measures after its half-year profits fell by a third to 297.8 million.
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Opinion
Marks and Spencer must fire on all cylinders
Sir Stuart Rose was telling anyone who would listen this week that he is a glass-half-full type of guy. But even he had to look pretty hard to find much good news in this week’s M&S interims.
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News
Industry share prices on the up despite persistent poor trading
General retail stocks bounced back this week, jumping more than 20 per cent after taking a hammering the previous week, despite more bad news on trading.
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Opinion
Will the Westfield way work?
Westfield London's opening marked not only a new era for shopping in London but also for how retailers do business with developers.