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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Mar- 2020 -10 MarchHigh Street
Calls for ‘discretionary business rates relief’ amid Coronavirus outbreak
Colliers International has called on the UK Government to consider and to fund a system of “discretionary rate relief” for businesses impacted by the Coronavirus. The commercial real estate company said this is one of the measures that could “alleviate business pain” in this week’s Budget. It added that against…
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2 MarchSupermarkets
EG Group to vie with equity firms for Asda stake
The EG Group, owned by petrol station billionaire brothers Zubin and Moshin Issa, is reportedly among a number of interested private equity firms vying to acquire a majority stake in Asda. According to The Sunday Telegraph, the EG Group is one of a number of interested parties in acquiring a…
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Feb- 2020 -28 FebruaryAnalysis
Coronavirus sends ripples through markets, governments, companies and the public
Apologies for the repetition, but the new coronavirus is causing such a serious global reaction today it would be silly to focus on other things, so here are four key stories about what looks to be developing into a full blown international crisis. The FTSE 100 has lost nearly £200…
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27 FebruaryAnalysis
Heathrow’s third runway will not be taking off after all
Heathrow’s third runway has been ruled illegal by the court of appeal, because the government did not properly consider its own climate change pledges in line with the Paris Agreement when drawing up its plans. The court is actually on the same street as our offices here at Mulberry Media…
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Jan- 2020 -17 JanuaryAnalysis
The trillion-dollar club has gained Google as a member
Remember at school when teachers used to explain how one million was an essentially incomprehensibly large number? I recall one of mine showing the number represented on a huge rolled out piece of paper as wide and long as a carpet, with precisely one million individual dots. I was about…
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15 JanuaryAnalysis
Boohoo more valuable than M&S – a sea-change encapsulated
From a purely journalistic standpoint it is now a de facto cliché to refer to Marks and Spencer as the “high street bellwether”, yet that is the status it has held for so many decades. The once mighty monolith was the first British retailer to reach a market capitalisation of…
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15 JanuaryHigh Street
Moody’s downgrades M&S credit score to negative
Moody’s has downgraded Marks and Spencer’s outlook from stable to negative after it reported a 0.7% decline in revenues in its third quarter of the current financial year to £3bn. In referencing the decision Moody’s said that the “continued decline” in Marks and Spencer’s clothing and home like-for-like sales, which…
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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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Jul- 2019 -11 JulyClothing & Shoes
Bonmarché to be delisted as second largest shareholder sells up
Fashion retailer Bonmarché is set to become delisted as the company’s second largest shareholder sold its stake, meaning Spectre Holdings now owns more than the 75% required to take the business private. Investment fund Artemis sold its 12% share taking Philip Day’s stake up from 69% to nearly 83%. In…
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2 JulyClothing & Shoes
Bonmarché managers sell stakes to Philip Day
Bonmarché CEO Helen Connolly, CFO Stephen Alldridge and non-executive director Ishbel Macpherson have sold their shares in the company to Spectre Holdings – an entity owned by Philip Day – despite telling shareholders to not accept his takeover bid in May. Yesterday (Monday 1 July), Connolly sold 42,542 shares to…
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