Stock Market
This coverage tracks the stock market performance of key retailers and related companies, with analysis of share price movements, financial results, and investor sentiment. Reporting highlights earnings announcements, strategic updates affecting valuations, market reactions, and executive commentary — equipping retail professionals with insights into how public markets view the sector’s commercial and strategic developments.
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May- 2018 -31 MayOnline & Digital
40% of independent Amazon shareholders oppose Bezos ‘being his own boss’
Over a quarter of Amazon shareholders have voted in favour of a resolution filed by SumOfUs calling on the company to separate Jeff Bezos joint roles of CEO and chair of the board. At an annual general meeting shareholders argued that “Bezos shouldn’t be his own boss”. Due to the…
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10 MayDIY
Homebase receives bid from former Comet owner
Opcapita, the former owner of Comet has put in a bid of an undisclosed amount for Homebase according to Sky News. Homebase owners Wesfarmers are looking to sell the chain following their 2016 takeover and are offering a £100m dowry to any potential buyer. Homebase reported a $97m trading loss…
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8 MayOnline & Digital
Amazon shareholders seek to dilute Bezos’ power
Amazon shareholders have submitted a shareholder resolution calling on the company to separate the role of CEO and chair of the board. The shareholders represented by SumOfUs, an international consumer group, want Amazon’s current billionaire CEO and founder Jeff Bezos to step down as chair of the board. Their request…
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Apr- 2018 -3 AprilHigh Street
Conviviality may face legal action from investors
Investors in Conviviality are considering the possibility of legal action against the board of the company amid claims they were misled over its financial health. According to The Times, the rapid demise of the drinks retailer has provoked suspicions about when the board first had concerns over its trading and…
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Jan- 2018 -25 JanuaryHigh Street
KKR sells off remaining Pets at Home stake
American private equity firm KKR has sold off its remaining 12.3% stake in Pets at Home. This amounted to 62 million shares in the pet supplies retailer, which fell 2.65% in London trading. Shares were worth 174p each at the time, raising £108m. Merrill Lynch International and Numis Securities acted…
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