George MacDonald
@GeorgeMacD
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Executive editor of @RetailWeek. Great Ayton and Harringay enthusiast. Most tweets will be about retail but this is a personal feed so all views my own etc
Joined April 2009
Any equity raise would be at a ‘very material discount’ to the current share price and ‘conditional on a delisting’ of Superdry.
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No deal on Superdry for Julian Dunkerton. Talks though about alternative options, inc an equity raise underwritten by him. Hilco loan also extended and increased.
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Boots sales rise as market share increases for 12th consecutive quarter
retail-week.com
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.
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Interesting insight from BRC economist, @HarvirDhillon on trends in retail jobs. 📉 Read more below 👇 #Retail #Jobs
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Sounds like a good appointment. Exclusive: Marks & Spencer drafts in ex-Morrisons director to top stores role
retail-week.com
Marks & Spencer has appointed a former Morrisons retail operations boss to become its director of central store operations.
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Morrisons new CEO Rami Baitiéh says that customer complaints - 'the canaries in the retail coalmine' - are down 60% in last 20 weeks.
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In (possibly) more important Morrisons news, it has just reported best like-for-like growth in three years - up 4.6%
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Hhhmm. Morrisons is selling hot cross bun flavoured cheddar this Easter. 'A tasty twist on the seasonal classic'
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After first opening its doors in 1969, @BandQ is celebrating its 55th anniversary 🎉 B&Q’s first ever employee, Avril de Klerk, joined Paul Haylock and his team at the Taunton store to celebrate this special milestone. Congratulations to all of our B&Q colleagues! 🧡
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The three have agreed 'to change the way they display, describe, and promote their green credentials, meaning millions of customers can expect to see clear and accurate green claims'.
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Just out from the CMA: 'Asos, Boohoo and George at Asda have signed formal agreements to use only accurate and clear green claims'...
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Exclusive: Nadhim Zahawi, the former chancellor, is in talks to chair Very Group, the Barclay family's online retail and financial services company, fuelling speculation that he plans to join the exodus of Tory MPs standing down at the next election.
news.sky.com
Nadhim Zahawi is among the candidates to chair the Liverpool-based online shopping company, fuelling suggestions that he will stand down as an MP at the general election, Sky News learns.
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Wilko to open more new stores before Easter
retail-week.com
Wilko will open two new stores on Good Friday (March 29) as the retailer continues the rollout of its new concept.
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Current #commutecompanion - not just because the cover shows the hill behind my house. A really good read, lots of unusual stories.
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Amazingly Soviet looking by today’s standards.
For #ThrowbackThursday today we're heading to the late 70s and the opening of the first SavaCentre branch in Washington, Tyne and Wear.
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'Borough Market' (1967) by Edward Bawden (Tate)
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