Game’s market share boosted by Playstation 4 and Xbox One January 26, 2014 THE LAUNCH of Sony’s latest console, the PlayStation 4 (PS4) and Microsoft’s Xbox One at the end of last year has helped boost retailer Game’s share of the entertainment market, new research shows. Figures from Kantar Worldpanel released today show that Game claimed eight per cent of the market in the 12 weeks to 22 [...]
Hedge your stocks with short-term bonds February 4, 2014 AFTER a volatile start to 2014 for equities, with the MSCI world index yesterday down more than 5 per cent year-to-date, investors will understandably be thinking about capital preservation. And while the prospect of monetary tightening in the West will be problematic for fixed-income, a careful selection of bonds could help to dampen portfolio volatility. [...]
5 things you didn’t know about new Sainsbury’s boss Mike Coupe January 29, 2014 Sainsbury’s CEO Justin King is leaving the supermarket in July – but what do we know about his replacement and current commercial director, Mike Coupe?1. A country boy at heart, Coupe was born in Watford in 1960 but was brought up in West Sussex. His mum was a housewife and his dad was an inventor [...]
5 things you didn’t know about new Sainsbury’s boss Mike Coupe January 29, 2014 Sainsbury's CEO Justin King is leaving the supermarket in July – but what do we know about his replacement and current commercial director, Mike Coupe? 1. A country boy at heart, Coupe was born in Watford in 1960 but was brought up in West Sussex. His mum was a housewife and his dad was an [...]
Lidl boss eyes 600 new stores December 1, 2013 LIDL’s UK managing director has announced plans to double the discount chain’s number of stores over the coming years. On the growth of Lidl’s 600 current stores Ronny Gottschlich said “If I could have the 1,200 in the next three years, then I would have it in the next three years. But it is clear [...]
Why Stagecoach is so successful in the US December 11, 2013 US MARKETS are often seen as the place British businesses go to die, which makes Stagecoach’s transatlantic success something of a surprise. The firm operates around 2,600 buses and coaches in the US and Canada, as well as offering commuter and school bus services. And while Stagecoach is already a key player in the UK, [...]
Stagecoach is uniquely successful in the US. Here’s why December 11, 2013 US markets are often seen as the place British businesses go to die. That makes Stagecoach's transatlantic success something of a surprise. The FTSE 250 listed company operates around 2,600 buses and coaches in the United States and Canada, linking roughly 100 locations, as well as offering commuter and school bus services. And while Stagecoach [...]
Analyst Views: What was your reaction to Sainsbury’s third quarter statement? January 8, 2014 GRAHAM JONES | PANMURE GORDONA very difficult October and November was made up by strong Christmas trading..we continue to view Sainsbury’s as the best placed of the UK food retailers, but our caution on the short-term sector outlook holds us back from having a more positive recommendation on the stock. JAMES GRZINIC | JEFFERIESKantar data [...]
London Report: William Hill and retailers weigh the FTSE down January 9, 2014 BRITAIN’S FTSE 100 fell yesterday and underperformed shares in southern Europe, as a rise in the pound against the euro hampered prospects for the index’s exporters and most retailers fell after weak Christmas updates. The FTSE erased gains in the afternoon as the pound rose to its highest in a year against the euro on [...]
Sainsbury’s shares are jumping this morning. Here’s why February 4, 2014 Sainsbury’s shares have climbed over two per cent this morning after Bernstein Research upgraded the supermarket's stock this morning to ‘outperform’. Shares took a tumble last week after chief executive Justin King announced he's leaving. The initial five per cent drop (shares later stabilised) was a nod to King's performance – he's widely hailed for [...]