All City & finance articles – Page 426
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OpinionComment: What to watch out for in 2013
This year won’t be an easy ride for retailers, but there will still be winners.
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OpinionNick Bubb's Verdict: Cost control won't work forever at M&S
With CEO Marc Bolland under increasing pressure to get profits moving up at M&S, it is unhelpful to his cause that current year expectations have had to be notched down again, even though M&S promises to get its act together this autumn.
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AnalysisTesco: What the analysts say
Tesco today reported a 1.8% uplift in like-for-like sales over Christmas as its core UK business begins to show signs of a turnaround a year-on from its profit warning. The City welcomed the figures.
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AnalysisMarks & Spencer: What the analysts say
Marks & Spencer surprised the City by issuing its Christmas trading update early last night. Analysts were downbeat over the 1.8% like-for-like fall over the festive period.
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OpinionComment: Online retail can cause dilemmas for retailers
Digital retailing made Christmas for the industry, it seems.
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AnalysisSainsbury’s: What the analysts say
Sainsbury’s today reported what it dubbed a “record-breaking Christmas” and recorded a 0.9% uplift in like-for-like sales in the third quarter. The City praised its own label growth but questioned the retailer’s return on investment.
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NewsTed Baker posts "good" Christmas as retail sales surge 20.9%
Premium fashion brand Ted Baker experienced a 20.9% surge in retail sales over Christmas and has appointed the Football Association’s chairman David Bernstein.
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NewsH.Samuel and Ernest Jones Christmas sales fall
Like-for-like sales at jewelers H.Samuel and Ernest Jones fell over Christmas.
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OpinionComment: Growth of online shopping is not the death-knell for shops
Boxing Day apparently set a new British record for the number of shoppers who went online.
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AnalysisDebenhams: What the analysts say
Debenhams today reported its best ever December as like-for-like sales rose 5% in the five weeks to January 5. The results were met positively by the City.
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NewsDunelm reports "strong" half-year as it gains market share
Value homewares retailer Dunelm has reported a 2.2% rise in like-for-likes in the 26 weeks to December 29 as it gained market share.
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NewsMajestic Wine posts Christmas like-for-likes up 1.1%
Specialist retailer Majestic Wine revealed like-for-like sales jumped 1.1% across Christmas in a “challenging” market.
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NewsDebenhams posts best ever December sales
Debenhams has posted its highest ever December like-for-like sales, up 5% in the five weeks to January 5.
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NewsRBS private equity arm eyes Dreams acquisition
The Royal Bank of Scotland’s (RBS) private equity arm has expressed an interest in acquiring up-for-sale retailer Dreams.
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AnalysisAnalysis: What can the City expect from the updates next week?
Next week is set to be pivotal in defining how the retail sector performed during the festive period as several large retailers update on their trading.
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AnalysisNext: What the analysts say
Next 3.9% jump in sales over the festive period was welcomed by the City this morning.
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NewsNext Christmas sales up 3.9%
Fashion retailer Next posted total sales up 3.9% in the Christmas trading period, as it narrowed its profit guidance.
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OpinionComment: 2012 - The year 2012 in review
This is my last column of the year. So what sort of year do we think it’s been? A strange one in many respects and certainly quite unique.
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NewsJeweller Theo Fennell halves losses as takeover talks continue
Jeweller Theo Fennell more than halved its losses in the first half as takeover talks continue.
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OpinionComment: Top retailers deliver returns
So farewell then Comet, which went through its death throes this week and will never trade through another Christmas - at least not as a chain of stores.