Ross buys into Big Yellow’s share placing May 18, 2009 SELF-storage company Big Yellow Group said yesterday it successfully completed a £32.9m share placing to exploit low property market prices and fund the development of several new sites. The group said it placed 11.5m new shares at 285p, a 5.6 per cent premium to Friday’s closing share price and a sharp contrast to the deeply-discounted [...]
Ross buys into Big Yellow’s share placing May 18, 2009 SELF-storage company Big Yellow Group said yesterday it successfully completed a £32.9m share placing to exploit low property market prices and fund the development of several new sites. The group said it placed 11.5m new shares at 285p, a 5.6 per cent premium to Friday’s closing share price and a sharp contrast to the deeply-discounted [...]
London bucks retailer gloom July 21, 2008 Central London retailers are defying the economic gloom, according to figures from the British Retail Consortium. Retail sales in June were 8.7 per cent higher than a year ago, although the rate of growth is weaker than in 2007 when an increase of 11 per cent was reported. Footfall was also higher than in June [...]
Capital & Regional set to sell fresh assets after its funds slump in value July 16, 2008 Co-investing property fund manager Capital & Regional hinted yesterday that further sales of its assets were likely, as it moves to cope with the slump in the property market. The company, which is one of the biggest property asset managers in the country and owns a number of large shopping centres and out of town [...]
Inflation surge bites July 15, 2008 Bank of England rate setters face another tough decision as fresh evidence emerges that soaring inflation and sluggish high street sales continues to put pressure on consumer’s pockets and the wider economy. Prices charged by manufacturers at the factory fate rose by 10 per cent in June – the highest rate since comparable records began, [...]
Blacks finding the long dry spell is a dampener October 28, 2005 Outdoor gear specialist Blacks Leisure said sales of waterproof clothing and footwear had dried up as Britain enjoyed one of “longest dry spells on record”. The retailer, which also owns the Millets chain, said sales had tumbled in the past eight weeks in “abnormally dry conditions. It has been an average of three degrees warmer [...]
Amazon’s ebbs and flows October 27, 2005 The dotcom giant is at the forefront of growth in the online retail industry. Its sales have just kept on growing, hitting $1bn in America and Canada. But yet its share price has taken a tumble this week. Wall Street is always falling in and out of love with Amazon. In the online retailer’s 10-year [...]