Overcoming Blue Monday blues: There are plenty of reasons to be cheerful about the future January 19, 2015 Today is supposedly the most depressing day of the year. It's dark, it's cold, all the festivities are over and our bank accounts are suffering for it. Now it's just a long wait until the gradual arrival of spring. It's no wonder the Monday of the last full week in January is labelled [...]
Majestic shares dumped after profit warning March 20, 2014 INVESTORS uncorked their shares in Majestic Wine yesterday after the specialist wine retailer warned that a dry spell in February sales had flattened full-year profits. Chief executive Steve Lewis said that trading conditions since the more buoyant Christmas period have been “challenging” and that with just two weeks to go until its year-end, it now [...]
New job? What to look out for when signing a contract January 4, 2015 Have you been offered a new job? It’s worth negotiating the key terms. Do you have the back to work blues? For many, the Christmas and New Year break is an opportunity to reassess your position. It may be that you feel you are being undervalued and aren’t getting a fair deal at work. [...]
Moss Bros to beat forecasts after surge in its Christmas revenues January 14, 2014 SUIT specialist Moss Bros said yesterday it expected to post a full-year profit ahead of market expectations after a surge in sales over the Christmas period. The firm, which sells and hires out formal clothing, said sales at stores open over a year jumped 12.9 per cent ahead of the same period a year ago for [...]
Sarries brush off Quins and target trophy sweep November 2, 2014 SARACENS assistant coach Joe Shaw insists his side plan an assault on all fronts this term after starting their LV=Cup campaign with a 25-20 success over Harlequins at Allianz Park yesterday. With both clubs selecting strong line-ups, the hosts took full advantage of a sluggish Quins start to lead 15-3 at the break before the [...]
Argos boosts Home Retail Group September 11, 2014 HOME Retail Group yesterday reported a ninth successive period of growth at Argos, but said the group’s full-year result will depend on the all-important Christmas trading period. Sales at Argos were up 1.4 per cent to £901m for the 13 weeks to 30 August, while like-for-like sales grew by 1.2 per cent. Higher sales of [...]
What will happen to Tesco and its investors after yet another profit warning? Here’s what the analysts think December 9, 2014 What will happen to Tesco and its investors? Here's what the analysts think after the latest concerning news from the retail giant. Tesco's terrible year became a little bit worse this morning, after the beleaguered supermarket chain revealed that its profits for the financial year ending in 2015 would not exceed £1.4bn. This [...]
Cyber Monday UK 2014: A great day for online shoppers – and for internet crime November 30, 2014 Today is Cyber Monday, the busiest online shopping day in the retail calendar, as consumers continue to cash in on Black Friday discounts and get their Christmas orders in. With consumers expecting fast turnarounds of online purchases, retailers will no doubt be concerned about supply chains and channels to market – one wrong move could [...]
Laura Ashley raises £8m after selling entire stake in Moss Bros January 15, 2014 LAURA Ashley parted ways with suit-maker Moss Bros yesterday after selling its entire holding in the company and raising £8m. The womenswear and home furnishings store started building up its stake in 2008, which sparked talks of a possible takeover, but a bid never came to fruition. Laura Ashley is taking advantage of Moss Bros’ [...]
Better Capital writes down two firms and sells Reader’s Digest February 17, 2014 BETTER Capital, the company led by private equity veteran Jon Moulton, yesterday said it would have to write down the value of companies held in one of its portfolios after poor trading. The company said that office supply company Spicers would see lower revenues this year than last year due to problems at its distribution [...]