All articles by Tim Danaher – Page 42
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News
Marks chases higher spend as profits rise
Marks & Spencer is to focus on expanding its upmarket fashion ranges to redress the balance after the proportion of products sold at opening price points more than doubled in three years.
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Opinion
Property is key to M&S success
Property played an unusually large part in Marks & Spencer’s full-year results presentation today.
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News
Justin King lambasts ONS’s inflation stats
Sainsbury’s boss Justin King this week hit out at the Government’s official inflation figures, saying they were giving a misleading view of the grocery market.
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Opinion
Dunstone’s deal not without risk
Charles Dunstone has always had an impeccable sense of timing.
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Opinion
The Retail Week – May 16, 2008
The arrival of sunshine over the past couple of weeks was greeted by some as the panacea for all of retail’s woes.
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News
Browett outlines DSGi strategy
DSG International chief executive John Browett has unveiled a five-point plan that he claims will transform the embattled electricals giant.
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Opinion
Sunshine brings cheer for retail
“If you open your door in the morning and there’s a blizzard, you’re not going to buy a summer dress.” So said Sir Philip Green in his interview with Retail Week last month. So Green and many other retailers like him must have been celebrating as some decent weather finally ...
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News
Signet shines in UK but struggles in US
Transatlantic jewellery giant Signet has revealed a strong performance in the UK in the first quarter, but has been dragged back by its US business.
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News
Next sales plummet
Fashion giant Next has revealed a slump in first-quarter sales this morning and blamed bad weather and the economic downturn.
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Opinion
Solving problems that don’t exist
It’s a funny old world. The first page of the Competition Commission’s report into grocery retailing says that the UK grocery industry is competitive and delivers “good outcomes for consumers”. The 269-page document goes on to outline how this state of affairs should be fixed.
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Opinion
The Retail Week – May 2, 2008
Baugur’s sale of MK One to Hilco is an unusual move for the Icelandic investor. It hasn’t been in the habit of selling its UK retail investments, but then again it hasn’t had many headaches on the scale of MK One.
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News
Carrefour hit by more China protests
Carrefour has been hit by further angry protests in China, as anti-French sentiment grows in the country.
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News
Murphy paid £1.6 million in last year at Kingfisher
Former Kingfisher chief executive Gerry Murphy was paid more than 1.6 million in his last year with the business.
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News
WHSmith turns focus to stores integration
WHSmith is to put its flurry of travel retail acquisitions on hold, after securing more than 120 new stores for the division in the space of a month.
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Opinion
Food inflation is here to stay
It takes something for Primark to play second fiddle in the news after parent company ABF’s results, particularly considering the value fashion giant seems to be doing a remarkable job of weathering the fashion downturn.
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News
M&S agrees India deal
Marks & Spencer this afternoon confirmed plans to open at least 50 stores in India over the next five years through a joint venture with Reliance Retail
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Opinion
The Retail Week – April 18, 2008
While the numbers beat expectations, no one will have been surprised by the overall tone of WHSmith’s interim results yesterday.
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Analysis
Finding light in dark times
Retail is getting tougher in the developed world and this year’s World Retail Congress discussed the challenges facing retailers. Tim Danaher and Katie Kilgallen report from Barcelona
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Opinion
Just the tip of the iceberg
For a long time, it has been a case of when, not if, Ethel Austin would go under and Baugur would decide to cut its losses with MK One.
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Opinion
Grocers know the value of their property
Tesco chief executive Sir Terry Leahy told an interesting story about how the retailer is using its UK property portfolio to fund its international expansion, as he revealed the company’s record profits today.