All Next articles – Page 39
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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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NewsNext sales up but retailer remains cautious as wages decline
Next overall sales were up 2.2% in the 14 weeks to May 4 driven by new store openings.
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OpinionComment: How the retail sector rates as an investment opportunity
Investor and author Robert Allen once asked: “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”
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OpinionComment: Next Boss Wolfson’s bonus decision has wider implications
Next boss Lord Wolfson’s decision to share a £2.4m bonus with staff was not only eye-catching, it caught the mood of the times too.
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Analysis
Analysis: How retailers can cope with ongoing weather storms
Debenhams has blamed a drop in profits on unseasonable weather, but what can retailers do to battle against the elements as they have this winter?
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NewsNext boss Wolfson receives pay boost but gives share match bonus to staff
Next chief executive Lord Wolfson took home £4.6m in the last year but asked for his entitlement under the retailer’s share matching plan to be shared amongst its staff.
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OpinionComment: A new M&S - coming soon to a high street near you
A slump in clothing sales combined with freezing weather across the UK has left Marks & Spencer with its seventh consecutive quarterly fall in fashion revenues.
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NewsFashion retailers anxious over cotton price hikes
Fashion retailers are anxiously watching the price of cotton following a 16% surge in the first three months of 2013.
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GalleryStore gallery: Plenty in store at Trinity Leeds shopping centre
The opening of the Trinity Leeds shopping centre last week marked a new chapter for retail in Yorkshire’s commercial capital.
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OpinionComment: Multichannel success for fashion and homeware retailer Next
Next’s full-year figures showed that the fashion powerhouse remains a pastmaster in multichannel retailing.
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AnalysisAnalysis: Can fashion retailers blame it on the weatherman?
When Debenhams rolled out the weather excuse earlier this month when issuing a profit warning, the industry scoffed and its share price plummeted.
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NewsOnline, not stores, key to overseas growth, says Next boss
Next has shunned opening stores overseas in favour of pushing its online operation as it prepares to launch its Chinese website this year.
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OpinionNick Bubb's Verdict: Next - Don’t mention the weather?
The standard advice for retailers trying to explain away weak trading is not to blame “the weather”, so why did Next fall into that apparent trap today?
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AnalysisNext full-year results: What the analysts say
Next today reported pre-tax underlying profit jumped 9% to £622m last year but the new year has got off to a slow start. The City studied its balance sheet carefully.
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NewsNext full-year profits soar 9% as new year gets off to slow start
Next pre-tax underlying profit jumped 9% to £622m over the year against a 3.1% sales jump, however, the new year has got off to a slow start.
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AnalysisAnalysis: There’s more than one way to keep the tills ringing
Tesco turned up the pressure on price again this week with its Price Promise scheme. But price isn’t everything.
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NewsMarks & Spencer loses clothing market share to Primark and Zara
Marks & Spencer lost more ground to its fashion rivals Primark and Zara over January, according to data from Kantar Worldpanel.
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NewsMarks & Spencer suffers fall in fashion market share
Marks & Spencer lost clothing market share in the run-up to Christmas while rivals made ground, industry data has shown.
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NewsAsda relaunches dedicated flower website to take on M&S and Waitrose
Asda has relaunched its dedicated flower website to compete with Marks & Spencer, Next and Waitrose in the fight for online spend.
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NewsIan Cheshire and Lord Wolfson back Prime Minister on Europe
Retailers including Kingfisher chief executive Ian Cheshire and Next boss Lord Wolfson have welcomed David Cameron’s pledge to hold an in-out referendum on Europe.