More finance – Page 144
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AnalysisWH Smith: What the analysts say
WH Smith has reported a 1% fall in total sales and a 3% fall in like-for-like sales in the 15 weeks to 9 June 2012. Analysts say it continues to benefit from its skill in cost-cutting, but in the longer term investment will be needed.
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AnalysisMulberry: What the analysts say
Despite a slowdown in sales growth in recent weeks, the future is still bright for Mulberry according to retail’s analyst community.
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OpinionRetailers follow in Amazon’s footsteps
Supermarket group Sainsbury’s surprised on Tuesday, a day ahead of its quarterly update, with the acquisition of Anobii, an ebooks service and social network for book lovers.
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AnalysisJD Sports: What the analysts say
The City gives its view on JD Sports’ update and whether growing losses from Blacks will affect its share price.
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AnalysisTesco: What the analysts say
Tesco reported a 1.5% fall in UK like-for-like sales today, in line with market expectation. The City’s reaction was mixed.
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InterviewQ&A: Tesco chief executive Philip Clarke
Tesco recorded a “robust” first quarter as UK like-for-like sales declined for the fourth consecutive quarter and it battled struggling economies across the globe. Chief executive Philip Clarke was grilled by the press over the performance this morning.
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AnalysisProfile: Peter Simon, founder, Monsoon Accessorize
The hands-on founder of Monsoon Accessorize is driving a management overhaul to steady the business following the departure of two key bosses.
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AnalysisHalfords: pedalling back toward growth
The high price of petrol and dwindling sat-nav sales have hit Halfords, but the retailer aims to map out new routes to success.
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OpinionComment: Why M&S is moving into banking
Do you like your bank? Perhaps not very much. The financial services industry suffers from a poor image, cemented by its role in the ongoing economic crisis.
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OpinionSale of Hammersmith Apollo puts HMV in a better place
An increasingly happy tune is being whistled at HMV which, to the surprise of some, looks better placed than it has done in years.
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AnalysisAnalysis: Simon Calver promises to restore Mothercare's fortunes
New chief executive Simon Calver explains how a focus on ‘basic retail’ will restore Mothercare to health.
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AnalysisRetail surgery: Can the bank sell on my debt without permission?
Can the bank sell our debt without our agreement, and what can happen if it does?
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AnalysisProfile: Jon Kamaluddin, international director, Asos
As Asos continues to build its overseas business to drive sales, its international director relishes the challenges of global growth.
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AnalysisCostco’s caution pays off in ‘fragile’ environment
US-based Costco’s third-quarter earnings registered slightly above its expectations.
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Analysis
Kingfisher: What the analysts say
The City met the news that B&Q owner Kingfisher UK & Ireland’s retail profit slumped 9.8% to £75m in the first quarter with little surprise after poor weather hit sales
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AnalysisHalfords: What the analysts say
Halfords is looking to “evolve” its strategy in the new financial year after posting group pre-tax profit down 26.6% to £92.2m for the year to March 30 amid concerns that the tough economic climate has impacted motorists and the weather has dampened cycle sales
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OpinionAsos: The online giant continues to reward investors
As the recriminations continue following Facebook’s botched IPO, there is one online business that carries on rewarding investors – Asos.
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OpinionWhat impact will the recession have online?
So we’re in recession again. Cue further rending of garments and raise the wailing a semitone or two. The tune’s becoming familiar now.
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AnalysisTopps Tiles: What the analysts say
Despite a 4.7% like-for-like slip and profits drop in its first half, Topps Tiles has strong recovery potential according to the analyst community.
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InterviewRetail refinancings: Q&A with Barclays head of retail Richard Lowe
As Dixons and LK Bennett refinance, we talk to Barclays head of retail Richard Lowe about the lending climate for retailers.