All Kesa articles – Page 3
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Opinion
A false dawn for the two-speed market?
After two bank holidays, a royal wedding and some cracking weather, this week had a bit of a back to school feeling.
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News
City expecting better news from retailers
A downbeat assessment of retail conditions from the CBI on Tuesday unsettled investors but just a day later fashion bellwether Next posted a better than expected first quarter, helped by warm weather.
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News
Comet staff face redundancy after warehouse closes
Electricals specialist Comet intends to close its national distribution centre in Corby, Northants as part of an efficiency drive.
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News
Bad news hammers store stocks yet again
General retail stocks had a poor week as a raft of bad news from non-food retailers brought home just how tough trading is.
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News
Kesa chief executive is most 'overpaid' FTSE 250 boss
Thierry Falque-Pierrotin, chief executive of Comet owner Kesa, is the most ‘overpaid’ FTSE 250 chief executive a study has found.
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News
Dixons Retail expected to stay on top of rival Kesa
Currys and PC World owner Dixons Retail is expected to continue to outperform arch-rival Kesa, owner of Comet, Shore Capital maintains.
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News
Double-dip fears hit general retail stocks
Retail stocks were hit as the economy went into reverse, renewing fears of a double-dip recession, and Bank of England governor Mervyn King warned of plunging living standards.
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News
Directors leave Comet in the wake of dire trading update
Two Comet directors are to exit the business and redundancy consultations have begun with other head office staff as the electricals specialist battles to recover after disastrous Christmas trading.
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Opinion
Dixons down but not out
Now that most Christmas numbers are out, retail sector investors face a fundamental question: yes, the snow affected sales but were there deeper reasons for disappointing trading at particular companies?
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News
Stakebuilders spot an opportunity in retail
Retail shares, like the temperature, dipped below zero as the big freeze was reflected in icy investor attitudes towards stores on fears that trading will suffer in the golden period.
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Opinion
No trolley dash for retail
Many retailers have weathered the trading storms well post credit crunch but their efforts have frequently not been matched by investor enthusiasm.
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News
Retail gets the thumbs up as it outperforms
Investors filled their shopping trolleys with general retail and food stocks alike. The former outperformed the market despite lacklustre BRC sales data for November but are still down year on year.
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News
Activist investor won’t lead to Kesa break-up, chairman vows
Kesa chairman David Newlands has downplayed the suggestion that stakebulding by investor Knight Vinke indicates sweeping change is likely at the electricals group.
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News
Comet suffers widening losses
Losses at electrical chain Comet widened in its first half when toughening trading conditions and spending on store refits and rebranding took a toll.
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Gallery
A new way to trade electricals
MD Hugh Harvey talks about Comet’s emphasis on friendliness and why in the age of the internet small format is the way to go
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News
Takeover gossip prompts Kesa share price to climb
Electricals group Kesa was once again at the centre of takeover speculation, prompting its share price to reach a two-year high of 166p on Monday.
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Analysis
A world of international retail opportunities
Emerging markets globally have retail potential, but could any be the new China? By Tim Danaher
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News
Blacks’ shares perk up after bid approaches
Outdoor goods specialist Blacks was at the centre of the week’s retail share price action after revealing approaches from potential buyers.
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News
Kesa’s French powers of recovery
Electricals group Kesa showed off its French business Darty to analysts last week to demonstrate some of the growth avenues open there.
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News
Kesa shares soar on Best Buy bid speculation
Speculation that a takeover of Anglo-French electrical group Kesa may be on the cards has prompted the retailer’s share price to soar.