FTSE 100
This coverage explores how FTSE 100-listed companies intersect with the UK retail sector, providing analysis of financial results, strategic shifts, leadership appointments, and market developments. The reporting is tailored for retail executives and managers seeking to understand the broader economic and competitive forces shaping retail through the lens of major publicly listed businesses.
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Sep- 2019 -4 SeptemberEconomy
M&S to be relegated from FTSE 100
Marks and Spencer is set to be removed from the FTSE 100 for the first time since the index launched 35 years ago, after its market value fell below the threshold for inclusion, with an announcement expected to be made later today (4 September). The retailer’s exclusion was confirmed by…
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Aug- 2019 -29 AugustHigh Street
M&S at risk of falling out of FTSE 100
Marks and Spencer could fall out of the FTSE 100 unless it is able to increase its share prices by next Wednesday (4 September), according to a report by The Telegraph. It comes after Marks and Spencer reported a fall in both sales and profits in May, with the latter…
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21 AugustEconomy
CEO pay at the UK’s biggest companies falls by 13%
CEOs of FTSE 100 companies have seen their salary drop by 13% year-on-year to an average of £3.4m in 2018. Just under half (43) of chief executives at FTSE 100 companies saw their pay increase last year, according to figures from the High Pay Centre and Chartered Institute of Personnel…
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Jun- 2019 -7 JunePeople Moves
John Lewis Partnership appoints Sharon White as chairwoman
The John Lewis Partnership has announced the appointment of Sharon White as the group’s sixth chair. She will take up the role when current chairman Charlie Mayfield steps down in early 2020. Since March 2015, White has been the CEO of Ofcom, the UK’s communications services regulator. Before joining Ofcom,…
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Apr- 2019 -17 AprilHigh Street
Over 100 Whitbread jobs face axe following Costa sale
Around 100 jobs are expected to be cut at the head office of Whitbread following the sale of Costa Coffee to Coca Cola for £3.9bn. According to reports by The Times, a consultation involving around 10% of the company’s head office staff was expected to be concluded this month, however…
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Nov- 2018 -1 NovemberHigh Street
Mothercare culls 200 head office jobs
Mothercare has axed around 200 staff from its head office in an attempt to cut costs and save up to £20m. The job cuts are part of Mothercare’s restructuring program and 50 new jobs are expected to be created in the department, bringing the net job losses to roughly 150.…
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Jul- 2018 -17 JulyDepartment Stores
M&S announces 351 management roles to be slashed
M&S has announced it is to cut 351 management roles, but says they are unrelated to the programme to close 100 UK stores by 2022. Last week at its AGM management warned that more job cuts and store closures were on the way, with chairman Archie Norman telling shareholders he…
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Jun- 2018 -1 JuneEconomy
Mothercare relegated from FTSE 100
Troubled retailer Mothercare has been relegated from the FTSE 100 following financial woes that have seen it enter a CVA and close 50 stores. Analysts suspect that the relegation will see a further negative effect on share prices following the 48% share price drop it has already seen. The retailer…
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May- 2018 -31 MayOnline & Digital
Ocado enters FTSE 100, M&S narrowly avoids relegation
Ascendant online supermarket delivery service, Ocado, has secured a position in the FTSE 100, while Marks and Spencer narrowly avoided being dropped. Ocado’s share price has roughly trebled over the last 12 months, in a strong performance which boosted the group onto the list of the UK’s top 100 companies…
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