More finance – Page 42
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OpinionOpinion: Has Ocado bitten off more than it can chew with Aeon deal?
It has been another tumultuous few days on the rollercoaster ride that is the Ocado share price.
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OpinionLeader: Black Friday boost isn’t all it seems
It was a tale of two Novembers for retailers, the latest sales stats showed.
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OpinionElection 2019: Do any of the manifestos offer real hope for retailers?
No sooner had my last column hit the presses than a full complement of manifestos were unveiled.
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OpinionTOFS CEO: A CVA isn’t a quick fix – but it was right for our business
The growth in ecommerce, the much-discussed high rents and business rates, combined with lower high street and retail park footfall and rising wage costs have created the perfect storm in our industry – one that is proving very challenging to weather.
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AnalysisAnalysis: Kylie Cosmetics – has Coty paid $600m for 170 million Instagram followers?
Global beauty company Coty acquired a 51% stake in celebrity superstar Kylie Jenner’s cosmetics company for a cool $600m this week.
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AnalysisAnalysis: Where does its Nike split leave Amazon?
With the news that Nike has decided to stop selling its products on Amazon, Retail Week looks at what repercussions that decision will have – for both businesses and the wider sector.
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OpinionOpinion: Does Gormley’s departure leave Naked Wines exposed?
Alongside Naked Wines’ first set of results since investors approved the sale of Majestic Wine in September came the shock revelation that its founder and chief executive Rowan Gormley would be departing the business after Christmas.
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AnalysisAnalysis: Has AO.com short circuited in Europe?
As AO.com revealed its plans to close its business in the Netherlands following disappointing half-year results in Europe, Retail Week speaks to chief executive John Roberts about how he plans to fix the “mistakes” made in Europe to get the business back on track.
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AnalysisAnalysis: Should retailers focus on getting better, not bigger?
Despite the punishing retail climate, most retailers are still expected to grow. But is the right thing to do? Is it time for a reset of corporate expectations? Is it time for retailers to concentrate on getting better, not bigger?
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OpinionPeter Williams: In 2019, retailers may as well pull Christmas forecasts from a hat
With the peak trading season for many retailers just kicking off, this is the time of year for finance directors to be at their most anxious as they focus on their forecasts for the financial year.
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OpinionOpinion: Should B&M say auf wiedersehen to Germany?
The usually infallible B&M posted a subdued set of interim results this morning.
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AnalysisAnalysis: New Look sales are under pressure but profit is priority
Value fashion retailer New Look’s first-half figures showed signs of progress in its recovery following last year’s CVA and resulting financial restructuring.
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OpinionMove of the Week: Shop Direct CFO can mark start of new era
Ben Fletcher would be well advised to make the most of his Christmas break. When Shop Direct’s new group chief financial officer joins in January he faces being thrust into a business still suffering the effects of a PPI-induced financial shock that has escalated to the point where it pushed 2018/19 profits significantly into the red.
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AnalysisAnalysis: Could and should Pessina take Walgreens Boots private?
Walgreens Boots Alliance (WBA) executive chairman Stefano Pessina is understood to be making an audacious play to take the health and wellness group private. Could he, and should he, pull it off?
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AnalysisAnalysis: Primark confronts sustainability concerns that hit German sales
In its 50th year of trading and following a strong set of full-year results, Primark has won more clothing market share even with bumps in the road – particularly in Germany.
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AnalysisAnalysis: Could election clarity realise Sainsbury’s hopes for a retail rebound?
Following Sainsbury’s somewhat disappointing interim update this morning, chief executive Mike Coupe said the prospect of clarity from the Christmas general election could bring respite for the retail sector in the New Year.
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OpinionOpinion: The time isn’t right to sell Shop Direct
Shop Direct owners the Barclay family are understood to have kicked off a review of their business empire, raising questions about the etailer’s future ownership.
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AnalysisHow Seasalt harnessed heritage to navigate retail’s choppy waters
While many larger high street fashion brands have found themselves in rough water this year, Seasalt is plain sailing. Retail Week looks at what the fashion retailer is doing right and where it might turn next.
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OpinionLeader: Will Mothercare administration signal death knell for CVAs?
As recently as May, having won approval for a CVA last year, Mothercare chief executive Mark Newton-Jones was bullish about the retailer’s turnaround prospects.
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OpinionLeader: In-store polling stations could give retail a boost
December’s general election has raised fears among retailers of disruption to peak trading. But perhaps the political showdown brings an opportunity for store groups to welcome more shoppers by serving their communities.