Ian Pollard – Next #NXT Saved By Online Growth

Next NXT Full price sales for the 14 weeks to the 7th May have risen by 5% compared to last years figures mainly due to online sales jumping by 18.1% whilst retail fell foul of the high street malaise with a fall of 4.8%. First quarter sales were better than expected helped by the recent […]

Ian Pollard – Morrisons Bumper Christmas & New Year

Morrison W. MRW has by modern retail and high street standards had a bumper Christmas with group like for like sales up by 2.8% or 3% including fuel. Sales over Christmas and New Year were particularly strong with group like for like sales over the 6 weeks to 7th January up by 3.7%. Morrisons puts […]

Curates Eggs For Breakfast Today

Morrisons MRW brings good news for the consumer if not for itself, with price deflation in the  quarter to 1st May reaching 2.6% and expected to continue. Compared to quarter 1 2015 Morrisons has done well. Like for like sales this year were up by 0.7% or 1.2% including fuel  compared to last years falls […]

Debenhams & Morrisons delighted but Greggs leads the way

Morrisons MRW claims to have benefited over the 9 weeks to the 3rd January from what it repeatedly describes as an improved shopping trip for its customers. Like for like sales, excluding fuel rose by 0.2%  which may be seen as a good result against a background of the closure of 140 local stores plus further […]

TipTV Daily Market Roundup – Nick ‘Moose’ Batsford, Zak Mir and Alan Green

Nick Batsford, CEO of Tip TV, was joined by Zak Mir, technical analyst for Zak’s Traders Café, and Alan Green, CEO of Brand Communications, on the Tip TV Finance Show to discuss the Chinese import and export data, the falling commodity prices, an outlook for Centrica and Hornby and a view on global producers. Weak […]

Unexpected Lifeline for Tesco (TSCO) & Morrisons (MRW)

“Government guidelines are responsible for all major banks, many supermarkets and pub companies suffering colossal business and financial problems” – Tim Martin, chairman of Wetherspoon (JDW)   Neither Tesco nor Morrisons have ever been so out of touch with reality that they thought they could get away with blaming the government for their huge self imposed […]