All Next articles – Page 42
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NewsNext sales edge up 2.7% in third quarter
Sales at Next rose 2.7% in its third quarter to October 27.
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NewsDebenhams opens in former Focus unit in Chesterfield
Debenhams has opened in a 60,000 sq ft former Focus unit on Ravenside Retail Park, Chesterfield.
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AnalysisAnalysis: Lessons from the September reporting season
A raft of retailers ranging from John Lewis to Argos and spanning food to homewares updated last week. Retail Week examines the picture they paint of retail conditions.
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InterviewQ&A: Next chief executive Simon Wolfson
Next boss Simon Wolfson gives his views on the current economy after the home and fashion retailer reported a rise in profit but decline in like-for-like sales in its first half.
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OpinionComment: What the 'mega-Thursday' trading updates say about retail prospects
Traditionally, the back to school trading period for retailers in early September gives a good guide to how the rest of the Autumn will pan out on the High Street.
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AnalysisNext: What the analysts say
Next has reported a rise in profits for the half to July despite a fall in like-for-likes due to an “unusually quiet” August and September. The City has issued a cautious response but has confidence in the retailer’s multi-channel strategy.
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NewsNext reports rise in profits despite like-for-like decline
Next recorded an increase in sales and profits despite a fall in like-for-like sales in the first half.
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OpinionComment: Beware of online competition
I used to warn potential investors to avoid retailers that were at risk from competition from either hypermarkets or the internet, especially in the UK where hypermarkets were growing rapidly and online shopping already represented 14% of non-food sales by 2011.
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NewsRetailers lukewarm on Sunday trading reform
Retail trade body the BRC has said it will not lobby for a permanent relaxation of Sunday trading hours as momentum behind a permanent change begins to wane.
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OpinionComment: The UK still offers investment opportunities
The UK and its retail industry still tick the boxes for investment opportunities.
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NewsWestfield mulls a sale of its Bradford site
Westfield is considering a sale of its controversial stalled shopping centre development site in Bradford.
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AnalysisRetail Week on the Road: Midlands
We visit Birmingham, Wolverhampton, West Bromwich, Nottingham and Leicester.
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NewsTriathlon drives shoppers to West End
Footfall across west London surged yesterday as spectators flocked to the area to watch the triathlon, according to data from Experian.
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OpinionComment: Next shows the way with multichannel model
Raising profit forecasts is pretty rare in retail at the moment but that’s what fashion group Next did on Wednesday when it unveiled first-half sales.
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NewsNext powers ahead in online fulfilment war
Next’s compelling delivery options powered growth at its Directory arm in the first half, as fulfilment increasingly becomes a critical battleground in the fight for online spend.
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OpinionComment: Reducing store portfolio may challenge retailers
Many retailers have recognised the power of ecommerce to drive sales and offer a compelling and convenient way for their customers to shop.
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NewsWest End retailers suffer as Olympics puts off shoppers
London’s West End retailers’ dreams of capitalising on tourist spend during the Olympics were in doubt this week as shoppers steered clear of the area.
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OpinionComment: Should Next win gold for multichannel retailing?
Next deserves a gold medal for its remarkable achievement in topping expectations for today’s Q2 sales and edging up its full-year profits guidance.
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AnalysisNext: What the analysts say
Retail Week rounds up how analysts have reacted to Next’s strong growth in the first half of the year, with the fashion retailer reporting total sales up 4.5% for the six months to July 28.