All articles by Jennifer Creevy – Page 74
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NewsM&S internal candidates to pitch to investors
Marks & Spencer’s internal candidates to succeed Sir Stuart Rose are expected to make presentations to the City tomorrow at the retailer’s first investor day for nearly a decade.
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NewsCo-op food sales soar
The Co-operative Group has reported a 17 per cent rise in first-half profits to £229m, driven by its acquisition of Somerfield and strong growth in its food business.
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NewsJJB reconfirms equity raising will go ahead
JJB has reconfirmed this morning that its plans for an equity raising will go ahead, despite it being dogged by speculation and rumours in relation to its executive chairman Sir David Jones at the weekend.
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OpinionAround the world with Tesco
Tesco is not only gearing up for a UK bounce back, it is gaining good ground internationally. The next year will see it invest most in international markets and it is well set up for growth.
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NewsGrocery giants upbeat on recovery prospects
Tesco and Sainsbury’s chiefs gave hope to the high street in the run-up to Christmas with rare optimism that the UK is recovering from the slump that has undermined consumer sentiment.
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NewsGeorge claims top spot in clothing market share
Asda’s George has seized the top spot in clothing market share, delivering managing director Anthony Thompson’s target to take first place 18 months early.
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NewsEuropean Commission reportedly proposes footwear anti-dumping extension
The European Commission is reportedly proposing an extension to the anti-dumping duties on EU imports of Chinese and Vietnamese leather footwear for at least 15 months.
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NewsTed Baker pre-tax profits down 18.4%, but UK arm remains strong
Ted Baker has reported a better than expected 18.4% drop in pre-tax profit in its interim results to £6m, buoyed by the performance of its UK arm.
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NewsHalfords like-for-likes up 2.2%
Halfords has reported like-for-like sales are up 2.2% in its second quarter and said it is confident it will deliver further profit growth in the second quarter.
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NewsAmazon cancels Royal Mail contract
Online retailer Amazon has reportedly cancelled its contract for certain items with Royal Mail after continued strike action threatens its pre-Christmas deliveries.
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NewsSainsbury's sales slow in second quarter
Sainsbury’s has reported that like-for-like sales has slowed in its second quarter and the grocer said it expects a further slow down in the coming months.
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NewsSainsbury’s launches financial services campaign
Sainsbury’s has unveiled a campaign to drive shoppers to its financial services products.
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NewsTesco unveils sale and leaseback
Tesco has carried out a new sale and leaseback transaction worth £514m in the latest phase of its ongoing programme to release value from its UK property portfolio.
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NewsFirst Quench acting chief executive resigns
First Quench Retailing acting chief executive and financial director Martin Healy has resigned and the group has drafted in a new chief financial officer.
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NewsWaitrose pulls advertising from Fox News slot
Waitrose has pulled its advertising from the Fox News slot shown on Sky in the UK after customers complained about presenter Glenn Beck’s remarks about US president Barack Obama.
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NewsTJ Hughes turnover up 9.1%
Discount department store operator TJ Hughes has reported a 9.1% increase in turnover to £261.3m in its full year results.
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NewsTesco launches online fashion shop
Tesco has launched its standalone online fashion shop and hopes that sales will grow to account for 10% of total clothing turnover.
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AnalysisDavid Tyler: Sainsbury’s new chairman is ‘no wallflower’
After winning over the City with his management of GUS’s demerger, the former finance chief seems a smart choice as Sainsbury’s chairman, says Jennifer Creevy
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NewsWaitrose strikes Boots deal and plans convenience stores
Waitrose has partnered with Boots in a deal enabling both to sell each other’s products in their shops and unveiled plans for a 300-strong network of convenience stores.
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OpinionShould Marks & Spencer be scared?
Waitrose is making a major play for convenience, stepping into prime Marks & Spencer territory. Should Marks & Spencer be scared, or is it confident of its position?