More finance – Page 126
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AnalysisThe Morrisons-Ocado deal: What it means for both retailers
Morrisons has inked a deal with Ocado that will enable it to launch an online grocery business this year. Retail Week takes a look at the impact of the deal on both businesses and the details of the agreement.
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OpinionComment: Boots must remember its loyal customers
The owner of Boots has just announced a trading profit of £1.27bn in the year to March 31 – marking its second straight year of double-digit growth.
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OpinionComment: Grocer Morrisons needs to keep pace with competition
A minus sign in front of a retailer’s like-for-like sales figures does not prompt investors to fill their shopping trolleys with stock.
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OpinionNick Bubb's Verdict: Dixons - If only France and Southern Europe didn't exist
Dixons’ sterling progress in the UK and Nordics continues to be undermined, alas, by poor trading in Southern Europe and its French business Pixmania.
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OpinionComment: Tackling business rates would create the lifeline that high streets need
Governments exaggerate. We all know that. Most of us laugh when we hear ministers promising a New Jerusalem.
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AnalysisAnalysis: Will Argos’ new digital model prove successful?
Argos is six months into a five-year transformational plan. Managing director John Walden talks to Rebecca Thomson about the retailer’s journey to become a digital leader.
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AnalysisAnalysis: Is Lord Wolfson’s bonus gift to Next staff a new trend?
Next chief executive Lord Wolfson made headlines with his unprecedented decision to share a £2.4m bonus among staff.
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OpinionComment: Management changes at Jack Wills hint at global aspirations
Jack Wills has just announced some more high-level changes to its management team as the company prepares for its next phase of expansion.
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OpinionComment: Argos’ digital quest for success
Despite improvement at the flagship Argos business, parent Home Retail’s shares fell after its full-year results.
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AnalysisMorrisons first quarter: What the analysts say
Morrisons today reported a 1.8% fall in first quarter like-for-likes but remained tight-lipped on a potential tie up with Ocado, Retail Week summarises the City’s reaction to the update.
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OpinionComment: Retail strategy is being overtaken by tactics
Remember when business was all about making a profit, and strategy was the plan to achieve that?
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OpinionComment: The Morrisons message has been drowned out by rivals
Morrisons reported yet another declining quarter of like-for-like sales this morning, its fifth back-to-back decline excluding fuel and is continuing to lose customers to rivals.
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AnalysisSainsbury's full year results: What the analysts say
Sainsbury’s has today reported a 1.4% fall in pre-tax profit to £788m for the year to March 16 while like-for-likes including VAT and excluding petrol were up 1.8%. Retail Week takes a look at the City reaction.
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AnalysisNext first quarter: What the analysts say
As Next reported a 2.2% sales in its first quarter despite the unseasonable weather, Retail Week summarises the City’s reaction to the update.
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AnalysisAnalysis: What does Sainsbury’s banking acquisition mean for the retailer?
Sainsbury’s today reported it is to acquire the 50% of its shareholding in Sainsbury’s Bank it did not own from Lloyds Banking Group for £248m. Retail Week looks at the implications.
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OpinionNick Bubb's Verdict: Sainsbury's - fresh food rather than fresh messages?
With no new news on trading/strategy to impart today with the final results and with the whole world obsessed with speculation that Justin King will soon leave, what would your PR advice have been to Sainsbury’s?
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OpinionComment: Boss Justin King rules over Sainsbury’s success
In posting a 6.2% rise in underlying pre-tax year-end profits, Sainsbury’s deflected some attention away from the rumours surrounding Justin King’s eventual departure.
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AnalysisInternational analysis: Amazon set to dominate despite growth slowing
Amazon’s results last week gave some hope for multichannel competitors, particularly internationally, as growth slowed to 22% in its first quarter.
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InterviewQ&A: Shapland on Carpetright's new hire and Lord Harris taking a step back
Carpetright today appointed former Tesco executive Graham Harris as trading director, to take over some of the responsibilities of chairman Lord Harris, who is taking a step back from the business. Retail Week speaks to chief executive Darren Shapland.
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OpinionComment: Asos’ entrepreneurial culture delivers retail success
A fall in basket value might be a worrying sign at some retailers but at online fashion specialist Asos it does not look like a problem.