All City & finance articles – Page 443
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OpinionWill Bolland's initiatives shape up for M&S?
Next week brings the main opportunity to find out how Marc Bolland’s strategy at Marks & Spencer is progressing when the retail bellwether posts full-year results.
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OpinionValue sector facing a shake-out
So the UK is again in recession. GDP figures last month confirmed fears of a double dip and prompted speculation over the impact on consumer confidence.
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NewsWestfield Stratford approaches £500m of sales
Westfield Stratford City has notched up almost £500m of sales since opening last September.
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NewsLand Securities: High streets 'may never recover'
Directors of retail property firm Land Securities believe that some high streets are doomed and “may never recover” from damage inflicted during the recession and downturn.
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NewsAlliance Boots' trading profit soars as it targets international growth
Alliance Boots, parent of health and beauty retailer Boots, has posted double digit annual growth despite a “difficult” economic climate.
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NewsFrench Connection faces investor backlash over director pay
Fashion chain French Connection faces an investor revolt over proposals on director pay.
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NewsBolland to scale back M&S growth target
Marks & Spencer chief executive Marc Bolland is expected to admit his plan to add £3bn of sales in three years was too ambitious.
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OpinionSainsbury’s prepared for challenges ahead
Another solid performance from Justin King and his team at Sainsbury’s has added some much needed cheer to the turbulent UK grocery sector.
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AnalysisSupergroup: What the analysts say
Brokers and analysts remain cautious about the fashion retailer following flat like-for-like sales and an accounting “arithmetic error”, but hope new maangement will instil confidence.
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NewsSuperGroup records "disappointing" fourth quarter
Like-for-like sales at SuperGroup were flat in a fourth quarter chief executive Julian Dunkerton described as “disappointing”.
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NewsKing: Sainsbury's has the edge in the grocery market
Sainsbury’s boss insists the retailer is leading the way on quality and service.
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OpinionHMV's fortunes are looking up
Entertainment group HMV’s shares were top of the pops last week as it flagged a likely return to profitability this financial year.
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OpinionNick Bubb's verdict: The demise of Clinton cards
High street retailers that are losing money and have a lot of debt need the support of their banks, their suppliers and their landlords to keep going.
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NewsNew Look close to deal on debt terms
Fashion retailer New Look is poised to take another step forward in its refinancing, it is understood.
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NewsClinton Cards to collapse into administration
Clinton Cards has suspended its shares on the Stock Exchange and is on the point of collapse after its largest supplier American Greetings acquired the retailer’s debt from its banks last night.
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NewsCarphone Warehouse like-for-likes fall 5.5% in fourth quarter
Carphone Warehouse Europe like-for-likes dropped 5.5% in the 13 weeks to March 31.
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AnalysisSainsbury's: What the analysts say
The City welcomed another strong performance from Sainsbury’s against a tough economic background.
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NewsReturn to profitability in sight at HMV following Game demise
HMV expects to return to profitability next year in the wake of Game’s demise.
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OpinionThreat of store closures for Argos
Home Retail’s troubling full-year figures and the appointment of strategy consultants OC&C by new Argos boss John Walden has put the spotlight on the future of the general merchandiser’s store portfolio.
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NewsWolfson: Recession won't knock consumer confidence
Next boss believes GDP figures will be adjusted to show growth and Jubilee will deliver sales boost.