All City & finance articles – Page 434
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NewsRetail valuations stay solid as confidence rises
Retail valuations remain attractive after consumer confidence showed another improvement in April despite the tough climate, broker Espirito Santo maintained.
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NewsMoss Bros on the rise as it simplifies
Menswear specialist Moss Bros posted a surge in total sales from continuing operations of 12.9% in the 15 weeks to May 14.
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OpinionFor M&S’s Bolland, success is in the detail
When Marc Bolland succeeded Sir Stuart Rose as chief executive of Marks & Spencer, there was fevered speculation about the extent to which he would change strategic direction.
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NewsFlat market masks big risers and fallers
Retailers generally, like the market, were flat over the week, but that masked some big share price advances and falls.
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NewsNew Holland & Barrett store highlights beauty
Holland & Barrett has opened its first dedicated natural beauty floor to attract younger customers.
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NewsHalfords Autocentres potential impresses
Halfords’ Autocentres business is expected to offer “attractive medium-term earnings benefit” to the car parts and bikes retailer, said analysts that attended an investor trip last week.
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NewsNew Peacocks chair forges ahead with UK and overseas expansion
Former Asda chief executive Allan Leighton, who was confirmed as chairman of value retailer Peacocks this week, will focus on overseas expansion and UK consolidation.
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AnalysisHappily ever after for Waterstone’s?
Rising ebook sales and the competition from grocers have made life tough for Waterstone’s. Nicola Harrison finds out how the bookseller can be turned around under new ownership.
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NewsGeorge at Asda turns 21 and sparks new plans
George at Asda managing director Andrew Moore has set out three key planks for growth as the brand celebrates its 21st birthday this week.
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NewsSignet UK like-for-likes remain flat
US jeweller Signet UK like-for-likes remained flat in its first quarter but losses have narrowed year-on-year.
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NewsJJB prioritises preserving cash margins as turnaround begins
JJB Sports is to focus on protecting its margins this year as it seeks to stem its losses.
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NewsDixons to drive profit through its Knowhow service division
Electricals group Dixons could add “tens of millions” to profits with a push into services through its Knowhow division, group chief executive John Browett believes.
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NewsJJB Sports chairman warns turnaround will take up to five years as losses triple
JJB Sports chairman Mike McTighe has warned its turnaround will take up to five years as its losses before tax almost tripled to £181.4m in its full year to January 30.
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NewsAmerican Golf like-for-likes rocket as warm weather drives sales
Golf equipment specialist American Golf like-for-likes have soared as the warm weather drives sales.
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NewsHalfords Autocentres report improved sales
Bikes and car parts retailer Halfords has revealed trading in its Autocentres has improved as it takes analysts of a tour of its centres in the Birmingham area.
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NewsHMV sells Waterstone's for £53m
Russian tycoon Alexander Mamut is to buy bookseller Waterstone’s from entertainment group HMV for £53m in cash and has drafted in Daunt Books founder James Daunt to run the business.
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AnalysisHas Superdry peaked?
Following its IPO SuperGroup has outperformed the market, but recently some not-so-impressive figures suggest the bubble might have burst. Is this the case or is the City overreacting?
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NewsStores in the spotlight as sale talk heightens
Retailers provided some of the biggest talking points of the week as fevered speculation swirled about the future of some of the industry’s biggest names including Comet, HMV and Signet.
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NewsSainsbury’s faces margin worries
Following last week’s annual results from Sainsbury’s, broker MF Global said it is concerned that the grocer’s operating margin is benefiting more from lower depreciation, lease and staff costs than productivity on higher sales growth.