Morrisons Surprises Yet Again

Morrisons W MRW has never lost our Ken’s ability to spring surprises and the new management team is doing just that with a 5.3% rise in the interim dividend and underlying profit before tax for the half year to 31st July up by 11%. Whilst total turnover did fall by 4%, first half like for […]

Churchill China Leads Todays Bunch

NEXT (NXT) claims to have had a solid year with total group sales up by an unexciting 3%. Retail sales are the worry with a meagre rise of only 1.1% compared to 8% in online and catalogue. What is even more worrying is that NEXT brand is not doing well. In the UK NEXT brand sales […]

The Xmas Trading Period – Now Its Counted in Days, Not weeks.

Gone are the days, it seems, when the country’s stores raked it in all during December and the January sales. Next (NXT) is counting its best Xmas trading days on the fingers of one hand and has been reduced to blaming warm weather in November and December for its disappointing fourth quarter figures. In fact so desperate […]