More finance – Page 147
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OpinionM&S still a work in progress
Marks & Spencer’s fourth-quarter update on Tuesday failed to meet market expectations and the share price fell sharply.
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AnalysisAnalysis: What does Clarke's plan mean for Tesco?
Perhaps the most interesting place to be this morning is in the offices of Sainsbury’s chief executive Justin King and Andy Clarke and Dalton Philips, his counterparts at Asda and Morrisons.
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AnalysisTesco: What the analysts say
Tesco boss Phil Clarke unveiled his turnaround strategy for the UK this morning as full year trading profit dipped 1% in its home market. The analyst community has its say on his plans to revitalise the domestic business.
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InterviewQ&A: Philip Clarke, Tesco
Tesco chief executive Philip Clarke and group finance director Laurie McIlwee faced a grilling from the press as the grocer unveiled its £1bn turnaround plan for the UK business today. Clarke talks improving in-store experience, Richard Brasher and what went wrong. Alex Lawson reports.
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AnalysisAnalysis: Marks & Spencer's buying slip-up
There is one thing worse for retailers than having insufficient stock, and that is having too much, Marks & Spencer chief executive Marc Bolland said today.
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AnalysisMarks & Spencer fourth quarter: What the analysts say
The City passes judgement on Marks & Spencer’s trading statement
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AnalysisAnalysis: What will Better Capital's acquisition mean for Jaeger?
The sale of Jaeger has been a long time coming, although the deal that “secured its future” is understood to have taken just a week.
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OpinionJJB: The challenge ahead
JJB Sports chief executive Keith Jones has done well to avoid the permanent relegation of the retailer from the high street.
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AnalysisMothercare: what the analysts say
The analyst community has its say on Mothercare’s move to close a further 110 stores as part of its strategy to quell its declining UK sales:
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AnalysisBest Buy rethinks big-box strategy as it records a loss
On March 29, US-based electronics specialist Best Buy reported staggeringly poor profits for its 2011 financial year.
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OpinionHigh street still in clear and present danger
Momentum is the lifeblood of successful change. And, the more I reread the Government’s response to the Portas review, the more I’m convinced it has failed to harness the spirit and passion behind the Queen of Shops’ initial intentions.
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AnalysisValue Fashion: Surviving in a tough sector
Following years of unstoppable growth, the value sector is now beset by high costs and falling sales volumes. Rebecca Thomson considers whether the hurdles can be cleared.
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AnalysisInditex to invest £795m in 500 new stores worldwide
On the back of strong 2011 results, Spanish clothing retailer Inditex has revealed capital expenditure of around E950m (£795m) for 2012 as the retailer plans to open about 500 new stores across the globe to take its total past 6,000.
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OpinionGame must bridge the trust gap to power up
The immediate aftermath of Game’s collapse into administration – 2,000 jobs slashed and 277 stores closed – makes it the most significant failure of a listed retailer since Woolworths.
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OpinionHalfords misses the cold starts
The balmy spring weather may be welcomed by most Brits, but it has not been helping those retailers that rely on a bit of cold weather to help drive sales.
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AnalysisGlobal ambitions for Karen Millen
Karen Millen’s move to hire a global retail director is part of a bold overseas strategy that is propelling growth. Gemma Goldfingle reports.
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OpinionSuperGroup is growing up
In the same way as its togs are increasingly sported by older consumers, SuperGroup is becoming more mature.
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AnalysisTesco: Who is in the picture to replace Richard Brasher?
Philip Clarke is assuming control of Tesco’s flagship UK operations following Richard Brasher’s exit, but for how long? Alex Lawson looks at key team members, some of whom might eventually run the British business.
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OpinionTesco boss Clarke faces tough challenges ahead
The tenure of Tesco chief executive Philip Clarke may be only a year old, but no one can fault it for a lack of drama.
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AnalysisAuchan pins hopes on China for future growth
French retailer Auchan hopes its Chinese operations will drive growth because sales in Western Europe are expected to remain flat.