All City & finance articles – Page 581
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Analysis
First port of call
The gloomy market conditions mean that store systems have never been more critical. Joanna Perry finds out how retailers are keeping them up and running
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Opinion
Be prepared for the long road ahead
In my papers, share prices “plunge” or “soar”. On my screens, they have a slightly more boring habit of ticking up or ticking down.
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News
John Lewis sales fall again
John Lewis Partnership has suffered another drop in sales at its department stores.
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News
Grocery bills rise 5.8%
The cost of groceries have soared 5.8 per cent since the start of the year, according to a Verdict report.
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NewsBill Gates buys stake in Carpetright
Carpetright has been given an unexpected boost after Microsoft billionnaire Bill Gates bought a 3 per cent stake in the flooring and carpet specialist.
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Opinion
The Retail Week – May 30, 2008
While the American economy might be heading towards recession, New York still remains the epicentre of the retail world.
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Opinion
A discounter’s market
Shoppers, of course, have been watching the pennies this year. Yet, with the trend leaning towards staying in rather than going out to restaurants, the grocers have still achieved growth in sales of quality food.
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News
Brafman buys MKOne
Mark Brafman has bought value fashion retailer MK One out of administration for an undisclosed sum as predicted by Retail Week magazine on May 23.
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Opinion
A culture shock is well overdue
DSGi boss John Browett had to put up with some mickey-taking about his pledge to “transform the very DNA” of the electricals group.
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News
Browett’s plan for DSGi fails to impress the City
Analysts sharply marked down electricals group DSGi’s shares after chief executive John Browett unveiled his turnaround strategy last week.
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NewsClinton cards: the city view
Greetings card specialist Clinton Cards notched up a 1.2 per cent rise in third-quarter group like-for-likes, but is cautious about the outlook.
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AnalysisM&S has no time to revel in its glory as share price plummets
Marks & Spencer may have made 1 billion, but there was no feelgood factor as its share price – and those of its general merchandise and food counterparts – slid.
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Analysis
Driving ambition
Aquascutum is the Aston Martin of fashion, according to chief executive Kim Winser. Named one of Europe’s top businesswomen, she tells Amy Shields how she’s putting it back in pole position
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NewsDeals breathe life into ailing value market
The reshaping of the embattled value sector began this week with two key deals.
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Opinion
The Retail Week – May 23, 2008
Marks & Spencer’s decision to stock well-known brands such as Heinz Tomato Ketchup was good for a headline, but will it make much difference to the retailer’s food business?
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News
Credit Suisse cuts ties with Sports Direct
Investment bank Credit Suisse has ended its relationship with Sports Direct as corporate broker.
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News
Woolworths to sell stake in 2entertain
Woolworths has appointed UBS to sell its stake in DVD publisher 2entertain.
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News
JJB buys shoe chain Qube
Sports retailer JJB Sports has snapped up Qube Footwear for 1 from West Coast Capital.
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OpinionRetail’s red card
House of Fraser could have delivered an own goal in the unfortunate timing of its autumn/winter press and supplier event last night.
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News
Laura Ashley snaps up 2.2 million Moss Bros shares
Laura Ashley has upped its stake in Moss Bros to 9.79 per cent as Icelandic investor Baugur continues to circle the menswear group.