All City & finance articles – Page 573
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News
Abrupt end to respite as sector share prices take turn for worse
After the party, the hangover. Retail’s rally proved short-lived and once again the sector headed south as food groups and general retailers alike underperformed the market.
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Opinion
Even food can lose its flavour
In tough times, investors seek refuge in defensive stocks. In retail that usually means food, but how safe a bet are the big grocers?
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News
Signet poised for re-rating as it nears New York switchover
Jewellery giant Signet is likely to benefit from a re-rating when it switches its primary listing from London to the New York Stock Exchange.
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News
Findel quells City debt fears with sales climb
Home shopping group Findel has shaken off bad debt fears and posted a rise in sales. The retailer reported 2 per cent growth in group sales for the 19 weeks to August 15.
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News
Debenhams plagued by delayed developments
Debenhams is understood to have been hit by a string of delays to upcoming schemes it is due to anchor as the slowdown hits property developers hard.
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Opinion
Will a new rider alter Woolies’ course?
The going was far from good, but Sir Stuart made it over the hurdles to land his dream job of executive chairman at Marks & Spencer.
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Analysis
Do your research
In tough times insight into customers is more important than ever, because it enables retailers to give shoppers exactly what they want. Liz Morrell finds out how it can help steal a march on rivals.
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News
M&S brings forward trading statement
Marks & Spencer has fuelled fears of a deeper downturn on the high street by bringing forward its next trading statement by a month.
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News
Netto launches non-food Sale
Discount grocer Netto will launch a discount bonanza for the end of August to drive shoppers to its stores.
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News
Asda slashes pay-as-you-go tariff
Asda has unveiled a new flat-rate pay-as-you-go mobile phone tariff, which it claims will make it the cheapest service of its kind in the UK.
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News
Tesco lines up property deals worth £500m
Tesco is seeking to continue its sale-and-leaseback programme with a wave of deals that could be worth 500 million to the retailer.
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News
WHSmith to expand plastic bag fee trial
WHSmith is to extend its trial to scrap free plastic bags to other parts of the UK after a successful pilot in the Midlands and the Northwest.
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News
M&S benefits move triggers redundancy fears
Marks & Spencer is planning to cut redundancy benefits for its 60,000 staff, sparking fears of job losses.
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News
Matalan payment terms attacked
The Forum of Private Business (FPB) has put Matalan into its Hall of Shame following the retailer's decision to cut payments to suppliers by 2 per cent.
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News
Baugur approaches Woolworths shareholders to force negotiations
The Baugur-led acquisition consortium rejected by Woolworths has contacted other shareholders to try to force the board to open negotiations over a possible takeover, according to the Financial Times .
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Opinion
Dispute laws were wrong for retailers
Instead of calling someone in and having a word, it was straight to written warnings and formal meetings.
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Opinion
Retailers need to restore faith
During tough times we should be helping our customers, not passing cost hikes on to them.
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News
Recruitment dives as retailers hunker down
Thousands of retail jobs have disappeared in the past year as store groups initiated job freezes and other measures to reduce staff levels without axing staff.
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News
Analysts give new Woolworths boss two years to show improvements
City analysts hope to see evidence that Woolworths is being turned around in less than two years under new chief executive Steve Johnson.
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News
DSGi: The city view
DSGi was the week’s biggest riser as talk spiralled about a likely disposal of its Spanish business and troubled Italian chain UniEuro, encouraging short sellers to close their positions.