All City & finance articles – Page 411
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Analysis
Mothercare: What the analysts say
Mothercare posted a full-year group loss before tax and after exceptional and other items of £102.9m today while new chief executive Simon Calver outlined a three year turnaround and growth plan. The City reacted to the news
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Opinion
Tesco boss Clarke declines bonus
Tesco boss Philip Clarke set a good example to other company chiefs when he declined to take his bonus in the wake of the Christmas profit warning.
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Analysis
Ocado: what the analysts say
Ocado forecast a 13% uplift in sales for the second quarter today. The City welcomed the announcement but expressed concern over the etailer’s long-term future
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News
House of Fraser EBITDA drops as it invests in stores and fulfilment
House of Fraser adjusted EBITDA dropped 16% to £58.6m as it invested in a second distribution centre.
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News
Burberry full-year profits rocket
Profits at Burberry rose 26% over the last year fuelled by strong menswear sales.
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News
Flying Brands sales plunge as its search for a buyer continues
Flying Brands sales plummeted 35% in the three months to March 31 as it continues talks to sell the business.
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Analysis
Marks & Spencer full-year results: What the analysts say
What the analysts are saying about Marks & Spencer’s full-year results.
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News
Bolland bonus under threat as profits likely to fall
Marks & Spencer’s chief executive Marc Bolland’s bonus is under threat as the retailer’s profits are expected to fall.
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Opinion
Boots’ success lies in keeping up with change
Alliance Boots’ double-digit growth in sales and trading profit is an achievement chairman and co-owner Stefano Pessina and his team will be proud of.
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News
Asda records 2.2% like-for-like sales rise
Asda has recorded a 2.2% uplift in like-for-like sales in the 12 weeks to March 31.
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Opinion
Value sector facing a shake-out
So the UK is again in recession. GDP figures last month confirmed fears of a double dip and prompted speculation over the impact on consumer confidence.
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Opinion
Will Bolland's initiatives shape up for M&S?
Next week brings the main opportunity to find out how Marc Bolland’s strategy at Marks & Spencer is progressing when the retail bellwether posts full-year results.
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News
Westfield Stratford approaches £500m of sales
Westfield Stratford City has notched up almost £500m of sales since opening last September.
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News
Land Securities: High streets 'may never recover'
Directors of retail property firm Land Securities believe that some high streets are doomed and “may never recover” from damage inflicted during the recession and downturn.
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News
Alliance Boots' trading profit soars as it targets international growth
Alliance Boots, parent of health and beauty retailer Boots, has posted double digit annual growth despite a “difficult” economic climate.
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News
French Connection faces investor backlash over director pay
Fashion chain French Connection faces an investor revolt over proposals on director pay.
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News
Bolland to scale back M&S growth target
Marks & Spencer chief executive Marc Bolland is expected to admit his plan to add £3bn of sales in three years was too ambitious.
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Opinion
Sainsbury’s prepared for challenges ahead
Another solid performance from Justin King and his team at Sainsbury’s has added some much needed cheer to the turbulent UK grocery sector.
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Analysis
Supergroup: What the analysts say
Brokers and analysts remain cautious about the fashion retailer following flat like-for-like sales and an accounting “arithmetic error”, but hope new maangement will instil confidence.
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News
SuperGroup records "disappointing" fourth quarter
Like-for-like sales at SuperGroup were flat in a fourth quarter chief executive Julian Dunkerton described as “disappointing”.