Retail Sector News

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  • British fashion retailers will switch their spending firepower to technology from the high street in 2017 after online shopping became the key driver of sales growth over the all-important festive period. Marks & Spencer (Frankfurt: 534418 - news) is investing in apps, its website and logistics, while spending 350 million …

  • LES SABLES D'OLONNE, France, Jan 20 (Reuters) - For Alex Thomson, sweeping up his crying two-year-old daughter Georgia in his arms soothed the disappointment of falling just short in the Vendee Globe after 74 days at sea. Greeted on a beautifully clear, bitterly cold morning by hundreds of spectators in Les Sables d'Olonne …

  • This smaller company could be worth buying for the long term.

  • Questor: These two 5pc bonds complete our income portfolio Telegraph - Fri, Jan 20, 2017 08:05 GMT

    Questor: These two 5pc bonds complete our income portfolio

  • Questor: Gambling and buy-to-let bonds complete our income portfolio

  • Royston Wild discusses the investment prospects of Halfords Group plc (LON: HFD) and N Brown Group plc (LON: BWNG).

  • Bicycle prices will rise this year, says Halfords boss Reuters - UK Focus - Thu, Jan 19, 2017 11:35 GMT

    The post Brexit vote slump in sterling makes it inevitable that bicycle prices will rise in 2017, the boss of Britain's UK's largest bike seller, Halfords , said on Thursday. Robust growth in consumer spending has been one of the main factors sustaining Britain's economy since the Brexit vote. Jill McDonald, chief executive …

  • MORNING BID EUROPE-Draghi: pushing the case for stimulus Reuters - UK Focus - Thu, Jan 19, 2017 09:33 GMT

    The European Central Bank is all but certain to keep its rates and asset-buying package unchanged today, repeating its December pledge to preserve "substantial" stimulus, even if the economy ...

  • Halfords sticks to profit outlook after strong Christmas quarter Reuters - UK Focus - Thu, Jan 19, 2017 07:39 GMT

    British bicycles to car parts retailer Halfords on Thursday maintained its profit expectations for the full 2016-17 year after beating market expectations for sales in its key Christmas quarter. Halfords also announced a special dividend of 10 pence per share to be paid next month and said it had purchased a minority stake …

  • Paul McCartney sues to take back Beatles catalog AFP - Thu, Jan 19, 2017 04:43 GMT
    Paul McCartney sues to take back Beatles catalog

    Paul McCartney has filed a lawsuit to secure the copyright to the Beatles back catalog in a case that could have wide ramifications for the music industry

  • Mr Kipling owner Premier Foods in share plunge on profit warning

    Shares (Berlin: DI6.BE - news) in Premier Foods (Frankfurt: A1JWNB - news) have dropped 11% after it warned on profits - reporting weak quarterly sales and price pressures from the slump in sterling. The maker of Mr Kipling cakes and Bisto gravy said it was cutting its full-year trading profit forecast by 10% after third …

  • Mr Kipling owner Premier Foods in share plunge on profit warning

    Shares (Berlin: DI6.BE - news) in Premier Foods (Frankfurt: A1JWNB - news) have dropped 11% after it warned on profits - reporting weak quarterly sales and price pressures from the slump in sterling. The maker of Mr Kipling cakes and Bisto gravy said it was cutting its full-year trading profit forecast by 10% after third …

  • Royston Wild considers the investment case for Premier Foods plc (LON: PFD), Just Eat plc (LON: JE) and Tesco plc (LON: TSCO).

  • Premier Foods cuts profit forecast, shares tumble Reuters - UK Focus - Wed, Jan 18, 2017 13:52 GMT

    Premier Foods Plc (Frankfurt: A1JWNB - news) , the maker of Mr Kipling cakes and Bisto gravy, cuts its profit forecasts and said it was taking longer than expected to agree supply deals with food retailers, sending its shares down as much as 16 percent. Food manufacturers are battling to agree price increases with British …

  • UK's Co-op Christmas sales boosted by new membership scheme Reuters - UK Focus - Wed, Jan 18, 2017 11:29 GMT

    Britain's Co-operative Group , the mutually-owned supermarkets to funeral services group, enjoyed strong trading in the final quarter of 2016, it said on Wednesday, hailing the positive impact of a new membership scheme. In September, Pennycook launched a new membership scheme targeting the recruitment of one million additional …

  • Roland Head explains why today's update has changed his view on pub chain J D Wetherspoon plc (LON:JDW).

  • Time to tuck in to Greggs plc after today’s update? Fool.co.uk - Tue, Jan 17, 2017 12:39 GMT

    Paul Summers looks at whether today's numbers make Greggs plc (LON:GRG) a decent buy.

  • UK's Greggs says cost pressures to dent margins in short term Reuters - UK Focus - Tue, Jan 17, 2017 11:11 GMT

    British baker Greggs (Stuttgart: 41G1.SG - news) said industry-wide cost pressures meant price rises in the market were inevitable this year and would dent its margins, although it would fight to keep the price advantage that helped it to a strong fourth quarter. Greggs, which is transforming itself from a traditional …

  • Inflation at 29-month high of 1.6% as food and air fares rise

    The headline rate of inflation has hit its highest level since the summer of 2014 as weaker sterling starts to affect the cost of many everyday prices. Figures from the Office for National Statistics (ONS) showed the Consumer Price Index (CPI) hit an annual rate of 1.6% in December - up from 1.2% the previous month. ONS …

  • Zalando plans Nordics base to speed deliveries as sales disappoint Reuters - UK Focus - Tue, Jan 17, 2017 10:00 GMT

    BERLIN/STOCKHOLM, Jan 17 (Reuters) - Lower-than-expected quarterly sales hit shares in Zalando (Swiss: OXZALG.SW - news) , Europe's biggest pure online fashion retailer, which said it would open a new distribution centre in Sweden this year to speed up delivery across the Nordic region. Faster delivery is becoming a battleground …

  • Should you follow this billionaire into these two stocks? Fool.co.uk - Tue, Jan 17, 2017 09:31 GMT

    This hedge fund manager is extremely bearish but loves these two stocks.

  • UK's Greggs raises profit guidance after strong Christmas Reuters - UK Focus - Tue, Jan 17, 2017 07:15 GMT

    British baker and food-on-the-go seller Greggs forecast full year profit slightly ahead of previous expectations after enjoying strong sales in its Christmas quarter. But the Newcastle, northern England, ...

  • 3 stocks that are looking dangerously overbought Fool.co.uk - Mon, Jan 16, 2017 13:14 GMT

    Royston Wild discusses three London-quoted stocks looking perilously expensive at present.

  • Roland Head looks at the latest figures from Goals Soccer Centres plc (LON:GOAL). Could investors score with this recovery play?

  • 3 contrarian stock picks for 2017 Fool.co.uk - Sat, Jan 14, 2017 08:30 GMT

    Will these three contrarian stock picks beat the market in 2017?

  • Speculators cut net U.S. dollar longs in latest week -CFTC, Reuters Reuters - UK Focus - Fri, Jan 13, 2017 21:45 GMT

    Speculators pared back net long bets on the U.S. dollar in the latest week, as investors reduced positions that have become overextended due to a rally inspired by Donald Trump's victory in the U.S. presidential ...

  • Britain's FTSE hits record highs, extends historic winning streak Reuters - UK Focus - Fri, Jan 13, 2017 16:54 GMT

    Britain's blue-chip share index reached record highs on Friday, extending its historic winning streak to a 14th straight day of gains. The index's longest winning run since its inception in 1984 has also ...

  • Fortnum & Mason sales surge as 'Brexit tourists' boost UK stores

    Luxury retailer Fortnum & Mason has reported a Christmas sales surge as separate figures showed retailers were lifted by "Brexit tourists" taking advantage of the weak pound. Upmarket tea and bakery treats helped Fortnum's to a 16% rise in like-for-like sales over the five weeks to 1 January despite a year of "great financial …

  • Avoid these FTSE 100 horror shows on Friday the 13th Fool.co.uk - Fri, Jan 13, 2017 14:17 GMT

    Royston Wild looks at three Footsie giants with shocking investment outlooks.

  • Britain's FTSE hits record highs, extends historic winning streak Reuters - UK Focus - Fri, Jan 13, 2017 10:20 GMT

    Britain's blue-chip share index reached new record highs on Friday en route to extending its historic winning streak to a 14th straight day of gains. The index's longest winning run since its inception ...

  • Irish court case on whether Brexit can be reversed to start this month Reuters - UK Focus - Fri, Jan 13, 2017 09:57 GMT

    A crowdfunded legal challenge to determine whether Britain's divorce from the European Union can be reversed once it has been triggered will be launched in Dublin by the end of January, the lawyer behind the case said. British Prime Minister Theresa May says she will invoke Article 50 of the EU's Lisbon Treaty by the end …

  • Fortnum's sales surge as 'Brexit tourists' boost UK stores Sky News - Fri, Jan 13, 2017 09:08 GMT
    Fortnum & Mason sales surge as 'Brexit tourists' boost UK stores

    Luxury retailer Fortnum & Mason has reported a Christmas sales surge as separate figures showed retailers were lifted by "Brexit tourists" taking advantage of the weak pound. Upmarket tea and bakery treats helped Fortnum's to a 16% rise in like-for-like sales over the five weeks to 1 January despite a year of "great financial …

  • Dollar struggles in Asia, China data underwhelm AFP - Fri, Jan 13, 2017 08:37 GMT
    Dollar struggles in Asia, China data underwhelm

    The US dollar is down against other major peers as investors fret over Donald Trump's lack of clarity on economic policy

  • Fears at China export fall as Trump fuels uncertainty

    Official Chinese economic figures for 2016 show a decline, with exports falling 7.7 percent to $2.1 trillion, and imports dropping 5.5 percent to $1.59 trillion

  • Are these FTSE 100 favourites priced to plummet in 2017? Fool.co.uk - Fri, Jan 13, 2017 07:20 GMT

    Why lofty P/E ratios above 20 are setting shareholders of these companies up for disappointment.

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