PERSONAL FINANCE NEWS September 9, 2010 RETIREMENT ADVICE MOST SOUGHT Almost half of all consumers seeking independent financial advice last month sought assistance with retirement planning, the professional advice website unbiased.co.uk said this week. Retirement planning has remained on an upward trend since May this year. Consumers are also increasingly looking for specialist guidance on investment and savings. Karen Barrett, chief [...]
Retailers go head to head with results October 3, 2010 SUPERMARKETS are set for a showdown this week as Tesco, J Sainsbury and Marks & Spencer post interim results. Smaller retailers Ted Baker, Halfords and Greggs are also due results, in a week that will indicate how the High Street has fared since the general election. Tesco is expected to post a 10 per cent [...]
Retailers go head to head with results October 3, 2010 SUPERMARKETS are set for a showdown this week as Tesco, J Sainsbury and Marks & Spencer post interim results. Smaller retailers Ted Baker, Halfords and Greggs are also due results, in a week that will indicate how the High Street has fared since the general election. Tesco is expected to post a 10 per cent [...]
DO YOU THINK MORRISONS’ SHARE PRICE WILL RISE FURTHER AND IF SO WHY? September 6, 2010 JAMES MONRO | S&P EQUITY RESEARCH The share price is likely to stay flat, although it could edge slightly up. Our target is 315p over the next year. The management is not expected to announce much at the interim results, which may disappoint investors. KEITH BOWMAN | HARGREAVES LANSDOWN The consensus is that Morrisons’ shares [...]
DO YOU THINK MORRISONS’ SHARE PRICE WILL RISE FURTHER AND IF SO WHY? September 6, 2010 JAMES MONRO | S&P EQUITY RESEARCH The share price is likely to stay flat, although it could edge slightly up. Our target is 315p over the next year. The management is not expected to announce much at the interim results, which may disappoint investors. KEITH BOWMAN | HARGREAVES LANSDOWN The consensus is that Morrisons’ shares [...]
Rudd: lack of third runway will harm UK September 26, 2010 SIR Nigel Rudd, the chairman of airport operator BAA, at the weekend warned that preventing Heathrow from building a third runway poses a significant threat to the UK’s competitiveness. Rudd said that the decision to pull plans for the third runway, a central promise made by the coalition government after the general election in May, [...]
PERSONAL FINANCE NEWS October 7, 2010 CONSUMERS PAYING OFF CARDS FASTER Data from the British Bankers’ Association shows that the number of credit card purchases has been on the rise over the last year. While there were 158m purchases on cards in August 2009, July 2010 saw 169m and in August this year consumers upped the number of purchases to 173m. [...]
Asda warns of shopper misery as sales drop August 17, 2010 SUPERMARKET chain Asda said yesterday shoppers were being hit in the pocket by government cuts as like-for-like sales excluding fuel fell 0.4 per cent in the second quarter. The chain said its market share had reduced in the 12 weeks to 11 July as total sales crept up “in the low single digits”. Chief executive [...]
ALEXON SIGNS UP ANIMAL BOSS August 12, 2010 WOMENSWEAR group Alexon has appointed the former chief executive of lifestyle brand Animal, Kevin Keaney (above), to the newly created post of commercial director. Animal has appointed Doug Goodwin as chief executive to replace Keaney. Keaney spent three years at Animal before which he worked for a number of retailers including Marks & Spencer and [...]
Waitrose and Sainsbury’s boost their brands January 12, 2010 RETAILERS have had a bumper Christmas according to the British?Retail?Consortium, but here is my review of 2009 as far as supermarkets are concerned. Graph 1 shows the share of total attention that each of the six received on BrandIndex. Over the course of 2009, Aldi and Asda dropped, Tesco and Morrison’s stayed steady, and Waitrose [...]