ANALYST VIEWS: IS THE HIGH STREET CRISIS OVER? March 11, 2010 TONY SHIRET | CREDIT SUISSE RETAIL “Home Retail Group’s results were pretty poor. They were worse than expected but we had been forewarned about that. Overall sales should improve but recovery in sales are more likely in 2011 and 2012.” SAM HART | CHARLES STANLEY RETAIL “The Morrisons results were bang in line with expectations. [...]
Ocado denies problem with upcoming IPO February 15, 2010 ONLINE groceries firm Ocado hit back last night at reports its £1.2bn initial public offering (IPO) was under threat. The shadow of doubt was cast after reports emerged Waitrose is planning to launch a rival delivery service in central London. But Ocado chief financial officer Andrew Bracey told City A.M. the firms are not in [...]
Add some colour to last year’s togs April 15, 2010 Sara Hollamby Style Counsel DESPITE the chilly wind, it’s time to do your spring-wear change-over. Say cheerio to your clothes for six months or so, and bring out your spring and summer colours – it’s uplifting. I know when it’s sunny outside, the last thing you want to do is sort out your clothes, but [...]
If it’s an improvement on last year, we’re in for a real treat September 2, 2010 LAST season was a fantastic year for Premiership rugby, culminating in one of the best finals I have ever seen. Leicester and Saracens went hammer and tongs at each other in a high-quality game, which swung from one end to another right to the very last passage of play. On reflection, it was a season [...]
Cool colours for kids’ bedrooms January 14, 2010 1 Reversible double duvet with planes, Cath Kidston, £48, www.cathkidston.co.uk 2 Cowboy print cushion, Cath Kidston, £6, www.cathkidston.co.uk 3 Posh graffiti wooden letters A-Z, John Lewis, £4.95, www.johnlewis.com 4 Rocky ceiling light, John Lewis, £52, www.johnlewis.com 5 Zebra Lamp, Childrens Lighting, £52, www.childrenslighting.co.uk 6 Jet Set Clock, Habitat, £36, www.habitat.co.uk 7 Wool Owl-Shaped Rug, Marks [...]
Ocado sales jump 25pc in IPO warm-up March 22, 2010 OCADO, the online food retailer, has started a “beauty parade” of advisers for a stockmarket flotation after releasing a strong set of results which saw sales surge 25 per cent in a year. Investment banks queuing up to help guide Ocado through a summer initial public offering (IPO) include UBS, Credit Suisse, Goldman Sachs, Nomura [...]
Weak pound fuels London sales boost January 18, 2010 SHOP sales in the capital soared over Christmas as tourists and Londoners embarked on spending sprees. The British Retail Consortium (BRC) reported that in London sales jumped 12 per cent in December – the best performance since it started publishing the figures in 2002. Visitors from Europe, China and the Middle East hit the shops, [...]
THE TIPSTER March 14, 2010 GREGGS, the bakery chain, has had stellar sales during the economic downturn, as their good value products have appealed to price-conscious consumers. Greggs announces its results later this week, and they should show strong profit growth. IG Index offers a June spread of 419.24p-424.24p. ARM Holdings has seen its share price rise steeply since the [...]
Waitrose sales jump by 15 per cent February 5, 2010 WAITROSE sales jumped by 15 per cent in the second half of last year. The figures mean Waitrose is fastest growing supermarket chain in Britain and come as Ocado – the online grocer that delivers Waitrose products – set a new record for the number of deliveries in a single day, of 17,500. New M&S [...]
Four hot hair looks for autumn September 13, 2010 IN the spirit of renewal and productivity after a long, lax summer, autumn style is all about change. We’re leaving all things floaty behind and moving into the manic run-up-to-Christmas push. The sea change applies to hair as much as to clothes. No more the laid-back sun-streaked locks of summer. Rather, big and bold are [...]