The High Street – Still Alive And Kicking But Online Threat Grows

Marks & Spencer MKS gives a very brief summary of its trading for the 13 weeks to the 31st December. Group sales rose by 5.9% on a reported basis. Food did well with a rise of 5.6% or 0.6% on a like for like basis and  continuing to increase its market share. Sales in clothing […]

Mothercare Breaks Excuses Record As Worldwide Sales Slump

Mothercare MTC refuses to admit that its full year underlying profits will be below expectations, preferring instead to claim that they will be “within range” of market expectations, not you will note, within “the” range of those expectations.  It also uses virtually every excuse available to modern management on how to avoid blame for its […]

Is Tesco The Xmas Winner ?

Tesco (TSCO) enjoyed a strong Xmas and perhaps surprised many of the pundits, not to to say the opposition, with all round growth as sales rose both at home and abroad. Like for like group sales for the 6 weeks to 9th January rose by 2.1%, even UK like for like sales were up 1.3% and […]