Proactiveinvestors United Kingdom - General Retailers RSS feed Proactiveinvestors United Kingdom - General Retailers feed en Sat, 20 Jan 2018 11:14:07 +0000 Genera CMS Fever-Tree shares pop as Jefferies says there’s still plenty of fizz left Fri, 19 Jan 2018 14:01:00 +0000 Numis Securities downgrades Halfords to ‘hold’ from ‘add’ as trading opportunity over Fri, 19 Jan 2018 11:23:00 +0000 Bonmarche shares drop after the value womenswear retailer reports sharp fall in third-quarter same-store sales Fri, 19 Jan 2018 08:45:00 +0000 Carpetright shares dive as falling consumer confidence hammers sales Fri, 19 Jan 2018 08:10:00 +0000 Keen cyclists help to boost winter trading at Halfords Thu, 18 Jan 2018 09:10:00 +0000 M&S simplifies distribution network with new centre as part of overhaul Wed, 17 Jan 2018 12:42:00 +0000 Burberry reveals weak UK sales drag on third quarter amid tough retail market Wed, 17 Jan 2018 10:00:00 +0000 Amazon shares boosted by double analyst upgrade Tue, 16 Jan 2018 15:20:00 +0000 Citi tells investors to take a punt on Boohoo after recent share price slide Tue, 16 Jan 2018 13:36:00 +0000 JD Sports lifts profit forecast again after strong second-half trading Tue, 16 Jan 2018 09:22:00 +0000 Dunelm sees total second quarter like-for-like sales grow by 3.4%, boosted by strong online sales Tue, 16 Jan 2018 08:02:00 +0000 Value retailer B&M reports solid Christmas trading, remains on track to meet full year expectations Fri, 12 Jan 2018 10:33:00 +0000 Food inflation helps UK grocers to deliver record Christmas sales but caution remains over general merchandise Thu, 11 Jan 2018 10:40:00 +0000 reports record revenues after its best ever Black Friday Thu, 11 Jan 2018 09:35:00 +0000 M&S shares retreat on drop in UK food and clothing sales over Christmas Thu, 11 Jan 2018 09:02:00 +0000 Tesco slides despite strong food sales driving it to record Christmas Thu, 11 Jan 2018 08:25:00 +0000 Carphone Warehouse fined £400,000 for lax information technology safeguards Wed, 10 Jan 2018 15:26:00 +0000 Marks and Spencer poaches group finance director of Dixons Carphone to be its chief financial officer Wed, 10 Jan 2018 15:15:00 +0000 Moss Bros issues profit warning after footfall tailed off in December Wed, 10 Jan 2018 09:18:00 +0000 Sainsbury’s lifts full-year profit guidance after record Christmas sales Wed, 10 Jan 2018 08:05:00 +0000 Ted Baker reports rise in Christmas sales on the back of expansion Wed, 10 Jan 2018 07:58:00 +0000 Eat my shorts: Morrisons gives short sellers a lesson after strong Christmas trading news Tue, 09 Jan 2018 12:54:00 +0000 Investors crack into Topps Tiles after strong Christmas trade Tue, 09 Jan 2018 12:14:00 +0000 Kantar has Tesco as its top Christmas cracker, but market reckons it could still be a festive turkey Tue, 09 Jan 2018 11:38:00 +0000 Mothercare's brand strength called into question by JP Morgan Tue, 09 Jan 2018 10:40:00 +0000 Morrisons delivers sales growth over festive season Tue, 09 Jan 2018 08:07:00 +0000 Mothercare profit warning raises banking covenant concerns Mon, 08 Jan 2018 12:36:00 +0000 H&T Group PLC raises profit expectations again after surge in personal loans Mon, 08 Jan 2018 10:51:00 +0000 Toys go out of the pram at Mothercare after profit warning Mon, 08 Jan 2018 09:03:00 +0000 Debenhams to cut dividend after weak Christmas trading update, analysts predict Fri, 05 Jan 2018 11:54:00 +0000 H&T sees wallet bulge on personal loan surge H&T Group (LON:HAT) boss John Nichols tells Proactive how profit expectations have risen again after a surge in the personal loans
market meant the book has shot up by 94.7% to £18.3M from £9.4M at the end of 2017. John tells us how the company's new unsecured loan products are flying off the shelves adding that recruitment has been key to the strength of their high street presence. News here too about getting the value proposition across to consumers both in bricks and in clicks.

Mon, 08 Jan 2018 15:47:00 +0000
Accendo Analysis on Next's latest numbers Mike van Dulken, Head of Research at Accendo Markets talks us through retail giant Next's Christmas sales figures and explains why investors have had such a rollercoaster ride over recent times. We chat about bricks and mortar operations versus online sales and try to peer into the marketplace crystal ball for Next's upcoming Jan sales and indeed the end of year results, due in March.

Wed, 03 Jan 2018 13:41:00 +0000
High street retailers 'running up a down escalator', says consultant Nick Bubb Retail consultant Nick Bubb paints a  bit of a grim picture for high street retailers in the lead-up to Christmas.

Bubb says those with big fixed-cost bases - the likes of John Lewis for example - are coming under increasing pressure from their online competition.

''They're running up a down escalator'', he adds.

Tue, 19 Dec 2017 13:38:00 +0000
Stone Checker in positive talks with potential distributor in US for medical imaging software Nick Stevens, chief executive at Stone Checker Ltd, which is part of the Flying Brands Ltd (LON:FBDU) tells Proactive's Andrew Scott they're very proud to have been awarded the CE mark this week for their StoneChecker software, which now paves the way for the roll out of the kidney stones medical imaging software across Europe.

Stevens says while no contract's been signed, there's an interested partner in the US who could distribute the software and he adds that those discussions are ongoing.

Tue, 12 Dec 2017 11:59:00 +0000
H&T Group anticipating a strong finish to 2017 John Nichols, chief executive of H&T GROUP PLC (LON:HAT), tells Proactive he's expecting full-year results to come in ahead of forecasts after the strong trading performance they saw in the first half has been maintained.

H&T reported a 62% jump in pre-tax profits in the first six months of 2017, with the higher gold price helping to boost the numbers.

Gold has continued to remain relatively strong, hovering around the US$1,300 mark.

Tue, 14 Nov 2017 15:01:00 +0000
Stone Checker Ltd just weeks out from kicking off proper commercial sales Nick Stevens, chief executive at Stone Checker Ltd, which is part of the Flying Brands Ltd (LON:FBDU) group updates Proactive's Andrew Scott on the prototype testing and evaluation of their StoneChecker kidney stones medical imaging software which has now been completed.

Stevens says as a result of the testing what they've now realised is they'll have two ways of selling the software and it'll actually be easier to sell''.

He adds they're now looking forward to obtaining the CE mark - which he's expecting by mid-December.

Thu, 02 Nov 2017 15:36:00 +0000
London Finance Show: ‘Same old story for Next’ Market commentator Matt Brown says it’s the same old story for high street retailer Next, which continues to see sales fall in its bricks and mortar stores.

“It’s a continuous story…the bricks and mortar retail is underperforming. That business model has to change and the UK [retailers] need to look at what’s going on with the likes of ASOS,” explains Brown in the latest London Finance Show.

“Next has to change and it needs to do it sooner rather than later.” 

Wed, 01 Nov 2017 12:00:00 +0000 & Fevertree up for AIM company of the year AIM Journal's Andrew Hore looks ahead to the AIM Awards on 12 October 2017.

In the running are PLC (LON:BOO), Fevertree Drinks PLC (LON:FEV), IQE plc (LON:IQE) and RWS Holdings PLC (LON:RWS).

Hore also discusses Zinc Media Group Plc's (LON:ZIN) preliminary results, plus he looks back on Fishing Republic PLC (LON:FISH) and  RedstoneConnect Plc's (LON:REDS) interims.

Fri, 29 Sep 2017 15:52:00 +0100
London Finance Show: All eyes on the Fed, Morrison's, Ocado The latest meeting of the US Federal Reserve, Morrison's, Ocado and Toys'R'Us all feature in today's market discussion.

Tue, 19 Sep 2017 11:13:00 +0100
Markets trend upwards, led by US equities - Core Finance North Korea dip in the US equities has been bought into and the uptick has help stabilise the markets across the globe. “Interestingly, technology stocks are rallying”, says presenter Matt Brown while reviewing the overnight action in the financial markets with Core London CEO Nick Batsford.

Thu, 31 Aug 2017 11:15:00 +0100
Dixons Carphone profits warning..Neil Wilson of ETX Capital explains A full year profits warning for Dixons/Carphone (LON:DC) has led to a loss of almost a third of its market value today but why? Neil Wilson explains that the heavy hitters are away and the L Platers are in charge, so volumes are low, which partly explains the drop.

However, behaviour other words, customers holding on to handsets for longer not to mention recent EU legislation affecting data roaming charges have still had an impact and Neil tells us what Dixons/Carphone intend to do to offset that shift.

All eyes are now on the launch of the new iPhone 8 and other retail products to boost profits once again..and perhaps a return from exotic locations to desks for a stabilising influence to put this profits slide on hold.

Thu, 24 Aug 2017 12:09:00 +0100
Massive day for Stone Checker as summer clinical trial cut short ''Great news today ... 600 patients was the intention, we reached 500 and the statisticians have told us that's enough'', says Nick Stevens, chief executive at Stone Checker Ltd, which is part of the Flying Brands Ltd (LON:FBDU) group.

''They have it in the bag, they have enough data and we can move forward with the regulatory process''.

Stevens adds they're hoping to be selling Stone Checker in the UK by the end of the year.

Thu, 17 Aug 2017 12:42:00 +0100
A 'good strong start' to 2017 for H&T Group Steve Fenerty, finance director at H & T Group PLC (LON:HAT) talks Proactive through the pawnbroker's interim results.

Profit before tax in the first half of 2017 rose 62.2% to £6.0mln from £3.7mln the year before.

Gold purchasing profits increased to £1.8mln from £1.5mln the previous year, on the back of increased volumes of gold scrapped, up 47.7% to £6.5mln from £4.4mln.

Revenue rose to £49.05mln from £42.39mln in the corresponding period of 2016, with growth seen in all key segments.

Tue, 15 Aug 2017 09:47:00 +0100
Next warming up after summer boost to second quarter performance Proactive Investors senior reporter Renae Dyer discusses Next plc's (LON:NXT) second quarter update.

Shares in the fashion retailer surged in early deals after revealing they returned to quarterly sales growth and declared a third special dividend.

Thu, 03 Aug 2017 16:03:00 +0100
Stone Checker's Nick Stevens 'absolutely delighted' with early completion of kidney stone studies Nick Stevens, chief executive at Stone Checker Ltd, which is part of the Flying Brands Ltd (LON:FBDU) group, tells Proactive that analysis of two studies for their kidney stones treatment have reproduced and validated the results from a preliminary study, meaning the next phase of investigation can start ahead of schedule.

Tue, 11 Jul 2017 15:06:00 +0100
Sainsbury's 'playing to its main strength - Argos', says analyst Ken Odeluga City Index analyst Ken Odeluga give his take on J Sainsbury plc's (LON:SBRY) trading update.

The retailer surprised the market with an increase in first-quarter like for like sales, excluding fuel, of 2.3%, exceeding analysts’ expectations for a 1.9% rise.

Tue, 04 Jul 2017 12:22:00 +0100
Dixons 'impressively continuing to grow market share' as it books record profits Neil Wilson, senior market analyst at ETX Capital runs through Dixons Carphone Group PLC's (LON:DC.) results for the year to the end of April 2017.

The consumer electronics giant saw pre-tax profits rise by 10% to £501mln (2016: £457mln); comfortably topping the £475mln to £495mln guidance it forecast only a few weeks ago.

Wed, 28 Jun 2017 11:13:00 +0100
Carpetright's full year figures 'don't make for pretty reading' - ETX Capital's Neil Wilson Carpetright PLC (LON:CPR) saw its statutory pretax profit slump to £900,000 in the 52 weeks to April 29, down from £12.8mln a year earlier, although the fall in underlying pretax profit was less severe, down to £14.4mln from £18.3mln in the previous year, in-line with its expectations.

''Carpetright boasts that it’s turning things around but a collapse in reported profits suggests otherwise'', says Neil Wilson, senior market analyst at ETX Capital.

Tue, 27 Jun 2017 12:23:00 +0100
Spreadex's Connor Campbell on 'game-changing' Amazon-Whole Foods deal Connor Campbell, financial analyst at Spreadex, gives his take on the Amazon-Whole Foods deal.

''It's interesting for a number of reasons ... from Amazon's perspective it's their first major venture into the bricks and mortar markets''.

''It's interesting they've chosen to pick this avenue to go down rather than a slightly more traditional food retailer'', Campbell adds.

''It also marks a significant expansion of Amazon's grocery ambitions''.

Connor Campbell also discusses the possibility of an Amazon takeover of Ocado - should they ever look to buy up a pre-existing property in the UK.

Mon, 19 Jun 2017 12:26:00 +0100
Boohoo 'going strongly' ahead of interims, says AIM Journal's Andrew Hore Andrew Hore, editor of the AIM Journal, looks at what we may expect out of Boohoo's (LON:BOO) interim results. ''They're going strongly ... they're already the second biggest company on AIM after rival ASOS''.

Hore also discusses Draper Espirit (LON:GROW), Watkin Jones (LON:WJG) and DX (Group) (LON:DX.)

Fri, 02 Jun 2017 15:53:00 +0100
Wilson King's Richard Hunter on Next Plc's 'fairly disappointing' trading update High street clothing and homewares retailer Next Plc (LON:NXT) has reduced the upper end of its full-year profit and sales guidance after reporting a drop in first-quarter sales at the bottom-end of its range of expectations.

Richard Hunter, head of research at Wilson King, tells Proactive: ''It was probably a little bit lower than expected''.

''If you look at the retail business - the store business - sales were down by over 8%. Not only that they have also trimmed their new guidance in terms of profits''.

Thu, 04 May 2017 10:24:00 +0100
Sainsbury's results 'not terribly impressive' - ETX Capital's Neil Wilson Neil Wilson, senior market analyst at ETX Capital, talks through J Sainsbury plc's (LON:SBRY) results for the 52 weeks to 11 March 2017.

Group sales rose by 12.7% to £29.112bn, up from £25.829bn a year earlier, with like-for-like sales, excluding fuel, at the supermarkets business falling by 0.6%, against a 0.9% decline in the previous year, and Argos sales up 4.1%.

Wed, 03 May 2017 14:29:00 +0100
Sainsbury’s profits fall for third consecutive year - Tip TV Independent Market Analyst Matt Brown and Presenter Zak Mir discuss the third annual decline in the British supermarket Sainsbury’s (LON:SBRY) profits.
Check out the full segment to know if it’s the hyper competitive market or cost price pressures or the combination of both that is hurting Sainsbury.

Wed, 03 May 2017 12:21:00 +0100
Debenham's 'running up a down escalator', says analyst Nick Bubb Independent retail analyst Nick Bubb discusses Debenhams PLC's (LON:DEB) plans to close up to 10 of its 176 stores as well as enhancing their digital offering following a strategic review by its new boss.

The review came as the group - which is ranked behind the UK’s number one department store chain, employee-owned  John Lewis by revenue - reported pre-tax profit of £87.8mln for the 26 weeks to March 4, down 6.4% from the £93.8mln reported a year earlier.

Thu, 20 Apr 2017 12:51:00 +0100
JD Sports running towards £4.70, claims Zak Mir Leading technical analyst Zak Mir reckons today’s jump in the JD Sports Fashion PLC (LON:JD.) share price is just the start of a run that could see it reach as high as £4.70.

“There’s been a rising trend channel since this time last year with solid support at, and just below, the 50-day moving average over most of that period,” explains Mir in the latest Proactive Investors Bulletin Board.

“There was a gap to the upside today with the floor of the gap at £4.09. Really while we’re above that the target here is as high as £4.70 which is the 2016 resistance line projection.”

Tue, 11 Apr 2017 09:10:00 +0100
Hornby Plc 'back on track', says ETX Capital's Neil Wilson Neil Wilson, senior market analyst at ETX Capital, talks through the toy train maker Hornby Plc's (LON:HRN) restructuring and turnaround plan.

In a trading update for the period from 6 February to the end of its financial year on 31 March, Hornby said it is focused strongly on improving cash flow and at the year-end it had net cash on the balance sheet of £1.1mln, against net debt of £7.2mln a year earlier, which was ahead of management's expectations.

Fri, 07 Apr 2017 10:54:00 +0100
Australia & Russia 'standout performers' for ASOS - Proactive's Tom Howard Tom Howard, Proactive Investors reporter, runs through their interim results.

Profit before tax for the six months ended 28 February 2017 came in slightly ahead of expectations at £27.3mln, a year-on-year increase of 14% (H1 2016: £23.9mln).

Much of that growth came from international retail sales which were up 54% compared to the first half of 2016 at £548mln.

Tue, 04 Apr 2017 11:00:00 +0100
Next plc boss admits they've been focusing too much on 'keeping up with trends', reports Renae Dyer Proactive Investors' Renae Dyer reports on comments from Next Plc Simon Wolfson following the retailers first decline in profits for eight years.

Thu, 23 Mar 2017 12:28:00 +0000
An 'inflection point' for Next Plc, says Wilson King's Richard Hunter Richard Hunter, analyst at Wilson King Investment Management, talks to Proactive about retailer Next Plc reporting its first decline in annual profits since the financial crisis.

Thu, 23 Mar 2017 10:28:00 +0000
City Index's Ken Odeluga 'concerned by clear deterioration' in Sainsbury's food sales Analyst at City Index, Ken Odeluga, runs through J Sainsbury plc (LON:SBRY)’s trading update for the three months to 11 March 2017.

A 4.3% increase in Argos like-for-like sales offset a 0.5% decline in the struggling core supermarket business, excluding fuel sales.

Thu, 16 Mar 2017 12:48:00 +0000