All City & finance articles – Page 489
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NewsBroker sees big potential in WHSmith
Bookseller and stationer WHSmith is undervalued and deserves to be classed alongside retailers such as Next, SuperGroup and Dunelm Mill, broker Oriel believes.
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NewsLondon retailers’ fears over Boxing Day Tube strikes
Potential Tube strikes in the run-up to Christmas and on Boxing Day could hit retailers’ sales in the key festive trading period.
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OpinionChristmas will be fine, but...
With December just around the corner, consumers and retailers are preparing for the annual game of cat and mouse.
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OpinionA white-knuckle ride into Christmas
It’s ironic that while Christmas decorations come into stores earlier every year, customers are leaving their spending even later.
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NewsTakeover gossip prompts Kesa share price to climb
Electricals group Kesa was once again at the centre of takeover speculation, prompting its share price to reach a two-year high of 166p on Monday.
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NewsLondon store disposal is ‘good deal for HMV’
Analysts welcomed last week’s disposal by entertainment retailer HMV of one of its Oxford Street stores for £13.7m.
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NewsEtailers primed for Mega Monday sales
Etailers are gearing up for Mega Monday, the busiest online shopping day of the year. Trade body IMRG expects year-on-year sales to increase 16% that day.
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NewsAlexon Group like-for-likes edge up 0.4%
Womenswear group Alexon, which includes the Ann Harvey and Kaliko chains, experienced a marginal group like-for-like sales rise for the period from August 1 to November 23, and remains cautious on the outlook.
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NewsSignet post strong Q3 performance despite dip in UK sales
Retail jewellery giants Signet reported like-for-likes up 7.2% across the Group despite a slight dip in UK sales in its third quarter results.
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NewsClinton Cards "well prepared" for Christmas despite sales fall
Greetings cards retailer Clinton Cards group like-for-likes fell 3% in the 16 weeks to November 21.
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NewsJohn Lewis weekly sales surge as cold weather sets in
John Lewis said total sales surged 12% to £88m in the week to Saturday, after a strong performance from cold weather clothing.
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NewsTesco sales "strong" in Asia as analyst trip kicks off
Tesco said its performance in its Asian business continues to be “strong” as it kicked off an analyst event in the region yesterday.
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AnalysisWill the Emerald Isle sparkle again?
With EU pressure to accept a bailout, Ireland’s economy is a mess. Will its retailers recover, asks Charlotte Hardie and Greg Lawless
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NewsFrench Connection ticks along nicely
Fashion group French Connection reported that overall business was in line with expectations although retail sales were “slightly lower” than anticipated.
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NewsArcadia boss Green warns on rising costs of doing business
Rates, raw materials and wages worry Sir Philip Green despite jump in the fashion group’s profits
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OpinionRising costs puts focus firmly back on product
UK consumers have never had it so good. In fact, thanks in large part to sourcing from the Far East, we have been in such a long period of deflation that shoppers have got used to a world in which prices fall consistently.
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NewsOverseas growth beckons as Burberry pre-tax profits soar
Pre-tax profits at luxury retailer Burberry rocketed nearly 50% to £129m in the first half when it introduced a new pricing strategy and fine-tuned its stock replenishment system.
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OpinionCore values are key to business success
It would be heartening to regard the recession as only a harsh phase in the macroeconomic cycle, and one from which we will duly emerge.
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NewsSchuh secures cash for buyout and expansion
Footwear retailer Schuh has secured a refinancing package from Lloyds Banking Group to buy out shares from two retiring shareholders and fund expansion plans.
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NewsJD Sports on the rise but cautious for Christmas
Fashion group JD Sports reported that like-for-likes have risen since the end of August but expressed caution about Christmas trading.