All Kesa articles – Page 5
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News
Budget drives rise in stock held by short sellers
The proportion of some of the biggest retailers’ stock held by short sellers has risen on the back of uncertainty about the sector’s prospects ahead of next week’s emergency Budget.
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NewsCity takes Q1 grocery slowdown in its stride
Grocers lagged the market as lower food price inflation contributed to lacklustre first-quarter like-for-like growth at Sainsbury’s and Tesco - 1.1% in each case before the VAT change is taken into account.
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NewsVolatility reigns for general retail shares
General retailers’ shares swung wildly last week and ended up underperforming the market although food stocks, helped by better than expected Sainsbury’s results, ticked up.
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NewsRetail drifts as City ponders the big issues
Stores, particularly food retailers, underperformed a market convulsed by uncertainty as big issues such as the future of the euro and the outcome of the general election dominated headlines.
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NewsKesa sales hit by January’s ‘extremely poor weather’
Kesa group like-for-likes dropped 1.2% from January 9 to April 30 as poor weather hit sales, but the retailer said it expects full year adjusted pre-tax profits to be “significantly ahead of last year”.
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NewsRetail stock buoyant despite election fears
Retail shares were among the better performers as economic turmoil in Greece and political uncertainty ahead of the general election here took a toll on the market overall.
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AnalysisBest Buy’s UK debut
US electricals giant Best Buy makes its long-awaited debut today. Tim Danaher pays a visit to an electricals store that changes the game
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NewsRivals dent Maplin’s multichannel sales
Electricals retailer Maplin suffered a sharp fall in multichannel sales last year, in stark contrast to its rivals.
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NewsJohn Lewis first to market with 3D TV
Department store group John Lewis has become the first retailer to start selling 3D televisions.
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NewsBest Buy brings forward UK debut
Electricals giant Best Buy is to open its first UK store earlier than expected - a week on Friday, April 30.
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OpinionSame old same old in electricals
Travelling to Mumbai and Toronto in the same week gives the opportunity to see different sides of the retail spectrum and to compare what is on offer with what happens in the UK. And one of the unifying factors of these two wildly opposite cities is the manner in which they treat the business of selling electricals.
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News
Super Thursday retail updates bolster stocks
A round of strong results from retailers as diverse as Next and Kingfisher on ‘super Thursday’ last week helped lift some store stocks, but general retailers overall lagged the All-Share index and food shares were moribund.
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News
Goldman Sachs eyes recovery in retail opportunities
Goldman Sachs has forecast that retail like-for-likes will rise in 2010 after two years of declines in the store groups it follows.
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AnalysisOn the right channel?
With most online retail propositions now up to scratch in terms of customer delivery, what’s the best way and which is the best channel to differentiate your offer?
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NewsDSGi ready for Best Buy after stellar Christmas
Electricals group DSGi is preparing for its spring showdown with Best Buy bolstered by an “excellent” Christmas performance.
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NewsComet owner like-for-likes slip 0.3% over Christmas
Electricals retailer Kesa revealed a like-for-like decline of 0.3% in the 10 weeks to January 8.
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OpinionThe rules of social engagement
If 2009 was the year that retailers jumped on the Twitter bandwagon, then what will 2010 bring in terms of social media?
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NewsRetail shares waver as Christmas draws near
As Christmas nears, general retailers were down against the market as store chiefs and investors alike wait with bated breath to see how festive trading turns out.
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NewsKesa chief brushes off UK Best Buy threat
Kesa group chief executive Thierry Falque-Pierrotin questioned the impact US electricals giant Best Buy will have in the UK as Kesa posted better than expected results.
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NewsKesa records better-than-expected first half
Electricals retailer Kesa’s has revealed a better-than-expected first half, with adjusted group pre-tax profit jumping 37% to £14.9m in the six months to October 31.
