All Next articles – Page 35
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AnalysisAnalysis: Next boss Lord Wolfson on retail’s hot topics
As bellwether Next unveils a 8.2% jump in pre-tax profits to £271.8m, its well respected boss Lord Wolfson gives his thoughts on the big issues in retail.
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NewsImproved roads and cheap parking will save the high street, says Next boss Wolfson
Next boss Lord Wolfson believes improved road access and cheap parking is key to resuscitating the UK’s struggling high streets and branded other initiatives as pointless gimmicks.
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OpinionNick Bubb’s Verdict: Next - Deflating the bubble
If Chancellor George Osborne thought that his friend Simon Wolfson would come out today and share his rosy view of the economic recovery, then he was mistaken…
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NewsNext first-half profits jump as it cuts markdown sales
Next’s pre-tax profit rose 8.2% to £271.8m in its first half to July 27 as markdown sales reduced by 13%.
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GalleryStore gallery: West End shop windows that catch the eye at night
The eye-catching windows of London’s shops often look their best at night. John Ryan visits retail displays others can learn from.
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AnalysisRetailers’ own-brand tablets: What do retailers need to know?
Not content with simply selling tablets, retailers including Tesco, Next and Argos have developed own-brand devices. Retail Week takes a look at the market as Aldi enters the fray.
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OpinionComment: Retail stock prices - a guide to la-la land
Don’t expect to read the runes from the performance of retailers in the FTSE 100 - it will tell you next to nothing.
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NewsTK Maxx to set up shop among upmarket neighbours in Covent Garden
Discount fashion retailer TK Maxx is close to taking on Next’s store on Long Acre in a deal that is likely to dismay Covent Garden landlords, who have been remodelling the area to attract more affluent shoppers.
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OpinionComment: Chris Bryant's criticism of Next and Tesco missed the real retail jobs story
British retailers employ 3 million people in the UK, but you’d think from Labour immigration spokesman Chris Bryant MP’s comments that they all come from Gdansk or Warsaw rather than Dagenham or Wakefield.
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NewsTesco and Next hit back at Labour's foreign workers claim
Tesco and Next have hit back at shadow immigration minister Chris Bryant’s claims that they are “unscrupulous employers” who favour migrant workers.
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NewsMarks & Spencer's clothing sales decline slows
Marks & Spencer’s decline in clothing sales has slowed, according to figures from Kantar Worldpanel for the 24 weeks to July 7.
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OpinionComment: Next right to be wary of recovery claims
It is testament to the skill with which Next has navigated almost five years of financial turmoil that the opinion of chief executive Lord Wolfson is almost as highly anticipated as the traditional quantitative measures as a bellwether for the economic recovery.
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OpinionNick Bubb’s Verdict: Next - 'spontaneous' shopping and retail disciplines
The heatwave in July certainly felt like spontaneous combustion at times, but Next thinks that consumers are becoming more “spontaneous”.
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AnalysisNext’s second quarter: What the analysts say
Next today reported its sales jumped 2.3% in its first half as it revised up full-year profit forecasts. The City reacted positively to the results.
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NewsNext increases profits by £10m after smaller Sale
Next sales jumped 2.3% in its first half as it revised up full-year profit forecasts after adding £10m to its earnings through more full-price sales and lower markdowns.
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NewsRetail giants Asda, Next, B&Q and Arcadia sue Visa over excessive card fees
Retail giants including Asda, Next, B&Q and Sir Philip Green’s Arcadia are suing Visa to recoup 10 years worth of excess debit and credit card processing fees, it is understood.
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NewsOnline tax slammed by Next chief executive Simon Wolfson
Next boss Simon Wolfson claims an online sales tax would be an “extremely backward step” that could wipe out many digital start-ups. His views come as retail bosses slam the proposed tax in a letter to the Government.
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OpinionNick Bubb’s verdict: The changing retail hierarchy - Snakes and Ladders?
Did you know that Asos and Sports Direct combined are now nearly as big as mighty Marks & Spencer in market cap terms?
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OpinionComment: House of Fraser move throws down delivery gauntlet
House of Fraser has just had another shot at the online delivery race with its “next evening delivery” solution, which will appeal to the working population.
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AnalysisAnalysis: Industry leaders - A look back at their legacies
Sir Terry Leahy’s leadership of Tesco has been called into question. We take a look at his track record and those of some of his peers.