Retail and leisure

June 2019 Articles

Cold weather dampens May retail sales
Cold weather dampens May retail sales
Retail sales suffered a setback last month as volumes dropped 0.5 per cent month-on-month driven by unseasonably cold weather. Sales [...]
June 20, 2019
Dixons Carphone shares plunge as it swings to loss
Dixons Carphone shares plunge as it swings to loss
Dixons Carphone swung to a £259m loss in its latest full financial year, it revealed today, as the retailer warned [...]
June 20, 2019
N Brown share price surges on digital sales boost
N Brown share price surges on digital sales boost
Sales at N Brown fell despite growth in its digital division in the three months to the start of June, [...]
June 20, 2019
Dunelm raises profit forecast defying retail gloom
Dunelm raises profit forecast defying retail gloom
Furniture firm Dunelm has raised expectations for the year after strong sales growth in recent months driven by poor weather. [...]
June 20, 2019
UK inflation hits Bank of England target
UK inflation hits Bank of England target
The UK’s Consumer Prices Index (CPI) inflation rate fell to two per cent in May, in line with the Bank [...]
June 19, 2019
Goals 'blocks' Ashley probe into £12m accounting crisis
Goals 'blocks' Ashley probe into £12m accounting crisis
Goals Soccer Centre is accused of having “stonewalled” calls from its largest shareholder, Sports Direct, for an external probe into [...]
June 19, 2019
Whitbread reports dwindling sales as Brexit uncertainty continues
Whitbread reports dwindling sales as Brexit uncertainty continues
Premier Inn owner Whitbread reported dwindling accommodation sales in the first quarter due to ongoing Brexit uncertainty. The company, which [...]
June 19, 2019
Mulberry swings to loss after House of Fraser collapse
Mulberry swings to loss after House of Fraser collapse
Luxury handbag maker Mulberry swung to a loss of £5m last year as the “challenging” UK retail market and the [...]
June 19, 2019
Tesco shares: Reasons to be cheerful
Tesco shares: Reasons to be cheerful
Early selling following this Q1 update attracted bargain hunters. Our head of markets explains why. Tesco (LSE:TSCO) recovery from the dark [...]
June 18, 2019
Going, going, gone! Sotheby’s sold in $3.7bn deal with telecoms mogul
Going, going, gone! Sotheby’s sold in $3.7bn deal with telecoms mogul
Auctioneers Sotheby’s is being taken private, in a deal which values the business at $3.7bn (£2.9bn), the company said today. [...]
June 17, 2019
Ted Baker share plunge fails to attract buyers
Ted Baker share plunge fails to attract buyers
By Graeme Evans from interactive investor. Despite sinking to prices not seen since 2012, investing in Ted shares remains hugely speculative.  Ted Baker [...]
June 17, 2019
Angling Direct pushes ahead with expansion plans
Angling Direct pushes ahead with expansion plans
Angling Direct has opened a new store as the fishing equipment retailer pushes forward with its expansion plan. The store [...]
June 17, 2019
Morrisons and Amazon: Retail's newest BFFs
Morrisons and Amazon: Retail's newest BFFs
By Graeme Evans from interactive investor. Extending its relationship with the world’s biggest retailer is shrewd business by Morrisons’ CEO. The quiet revolution [...]
June 14, 2019
SSP buys three Jamie Oliver restaurants
SSP buys three Jamie Oliver restaurants
Three of Jamie Oliver’s restaurants have been rescued after administrators secured a sale with SSP, saving 250 jobs. SSP will [...]
June 13, 2019