All Financial results articles – Page 158
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OpinionComment: Will Ocado’s link-up with Morrisons damage the brand?
I often find myself in a minority, thanks largely to a love of country music and Hendon FC. But a more recent minority experience is being one of few supporters of Ocado.
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OpinionComment: Ocado’s pet store - The dawn of an online empire?
Just this week, the Centre for Retail Research released new findings predicting that the share of online from overall retail sales will rise from 12.7% in 2012 to 21.5% by 2018.
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NewsGoldsmiths-owner Aurum full year profits jump 7% to £12.9m
Jewellery group Aurum, owner of Goldsmiths, Mappin & Webb and Watches of Switzerland, full year pre-tax profits jumped 7% to £12.9m.
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AnalysisInternational analysis: Target suffers disappointing first quarter
Target can now be added to the list of US general merchandise retailers, which already includes Walmart, JC Penney and Kohl’s, whose first-quarter results disappointed.
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AnalysisAnalysis: Halfords’ strategy should put retailer on road to recovery
A recent slump in profits has forced Halfords to reassess its strategy, but the retailer’s new chief executive is confident he knows the best route forward.
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OpinionNick Bubb’s Verdict: Kingfisher blames the weather, again?
To paraphrase Oscar Wilde: “To lose one quarter, Mr Cheshire, may be regarded as a misfortune. To lose two quarters looks like carelessness.”
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OpinionComment: Mothercare’s turnaround is making steady progress
Mothercare’s full-year update last week marked one year into chief executive Simon Calver’s three-year Transformation and Growth turnaround plan.
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OpinionComment: What DIY retailers aren’t doing right in a difficult market
Homebase, B&Q and Wickes are all suffering falling sales, but perhaps a little more project-based merchandising might help.
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NewsBrandAlley eyes overseas launch as it edges closer to profit
BrandAlley, which runs limited period Sales for brands, will begin shipping overseas when it moves to a new web platform in August.
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AnalysisAnalysis: Will M&S’s new fashion range be enough to turn things around?
The retailer has unveiled its much-anticipated fashion range for autumn 2013. Rebecca Thomson assesses whether it’s the first step towards a clothing turnaround.
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NewsHalfords unveils £100m investment plan after profits slump
Cycle and car parts specialist Halfords has posted a 24.5% slump in pre-tax profits to £71m as chief executive Matt Davies unveils his £100m investment plan.
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NewsMothercare full-year like-for-likes fall 3.6% as UK losses narrow
Mothercare has reported narrowing losses in its UK business despite a 3.6% fall in full-year like-for-like sales in its domestic market.
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OpinionComment: M&S’s fortunes will not be restored quickly
Marks & Spencer’s results were, like some of its clothing collections, a bit of a mixed bag.
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NewsHouse of Fraser full year EBITDA jumps as online sales soar
House of Fraser like-for-likes increased 3.3% over the year as adjusted EBITDA increased 4.3% to £61.1m.
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OpinionNick Bubb's verdict: Marks & Spencer - Could a turnaround be on the horizon?
Profits at M&S only seem to have gone backwards since Marc Bolland took over as chief executive, but could a big step forward now be not too far away?
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AnalysisMarks & Spencer full-year results: What the analysts say
Marks & Spencer has recorded its lowest annual profit since 2009, reporting a drop in underlying pre-tax profit to £665.2m. Retail Week rounds up how analysts have reacted to the news.
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NewsBurberry posts a 14% rise in profits as Chinese sales surge
Luxury fashion retailer Burberry has reported a 14% rise in adjusted full-year pre-tax profits to £428m after a strong performance in Asia.
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NewsMarks & Spencer profits fall despite 1.3% increase in sales
Marks & Spencer has posted a fall in underlying pre-tax profit to £665.2m despite a 1.3% rise in group sales to £10bn as it looks to turn around its general merchandise arm.
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NewsMultichannel retail model gives Dixons confidence after strong year
Dixons chief executive Seb James is confident the electricals giant’s multichannel business model will be a foundation of continued success after a strong year.
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NewsAnn Summers - company profile
The retailer is launching wholesale collections following the popularity of Fifty Shades of Grey.