More finance – Page 141
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OpinionComment: Desperate tactics won’t win the game for retailers
Inflation is at its lowest level in two years. But this isn’t necessarily a cause for celebration. Demand is so weak that vendors are desperate to generate revenue.
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AnalysisHMV: What the analysts say
As HMV outlines its strategy to hit £10m this year profit against a £16.2m pre-tax loss in its year to April 28, Retail Week rounds up analyst viewpoints on the retailer’s future.
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OpinionComment: July BRC figures show signs of life
The July sales figures reported by the BRC hardly represented a ‘wish you were here’ postcard from the industry, but behind the monthly figures there were reasons for optimism.
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OpinionComment: Next shows the way with multichannel model
Raising profit forecasts is pretty rare in retail at the moment but that’s what fashion group Next did on Wednesday when it unveiled first-half sales.
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AnalysisInternational analysis: Casino’s gamble in Latin America pays dividends
France-based Casino’s strategic decision to invest in a handful of fast-growing markets has once again paid off.
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AnalysisAnalysis: JJB Sports in battle to avoid relegation
The sportswear retailer is in a parlous state with sales in decline, and it is in need of further refinancing.
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AnalysisSimon Fox: 'My legacy will be that we've survived'
HMV chief execuitve Simon Fox has said he is “proud” of his achievements at the retailer as he prepares to step down after six years at the helm.
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OpinionComment: Reducing store portfolio may challenge retailers
Many retailers have recognised the power of ecommerce to drive sales and offer a compelling and convenient way for their customers to shop.
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AnalysisNext: What the analysts say
Retail Week rounds up how analysts have reacted to Next’s strong growth in the first half of the year, with the fashion retailer reporting total sales up 4.5% for the six months to July 28.
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AnalysisLidl improvements drive Schwarz Group growth
German grocer Schwarz Group, operator of Lidl discount stores and Kaufland hypermarkets and superstores, increased sales by 6% to E63.4bn (£49.5bn) in the financial year to February 29.
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AnalysisAnalysis: What's the best route to international markets?
As trading conditions in the UK remain tough, retailers are looking overseas for growth. We look at the potential and pitfalls of the various routes to international markets.
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OpinionComment: The Olympics are a time to be positive
People love to moan, about the Olympics or retail, but the right attitude is key.
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OpinionComment: Olympics should provide welcome boost to sentiment
As the Olympic Games get under way, perhaps the best that retailers should hope for from the sports spectacular is a boost to shopper sentiment.
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OpinionComment: Halfords gears up for the future
It is a cruel irony that the week that Bradley Wiggins became the first Brit to win the Tour de France, the boss of the biggest bike seller in the country was handed his P45.
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AnalysisCarpetright: What the analysts say
Carpetright reported a positive first quarter aided by wet weather driving shoppers in store. The City welcomed the ‘solid’ set of results.
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InterviewQ&A: Dennis Millard, Halfords executive chairman
Yesterday, Halfords chairman David Millard took the helm of the business as it revealed chief executive David Wild was departing amid a profit warning in its first quarter update. Retail Week speaks to Millard about his interim executive chairman role and who he wants to lead the business’ new strategy.
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AnalysisCarrefour must focus on most dynamic markets
Carrefour’s second-quarter results remained in line with the first quarter as the retailer posted turnover down by 0.4% to j21.71bn (£17.03bn), excluding petrol and at constant exchange rates.
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AnalysisAnalysis: Putting the wow into Marks & Spencer’s womenswear
New fashion chiefs John Dixon and Belinda Earl will need to do more than stock more sleeved dresses.
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OpinionThe pound stores look quids in for growth
The addition of industry veteran Andrew Higginson to the board of Poundland and Monday’s news that 99p Stores has posted an uplift in profits is further evidence of the maturing status of the single-price sector.