John Stevenson

M&S Seeks to Move Beyond Recovery With Reduced Spending Plan

Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, said it will spend less on bringing the business up to speed with competitors as it moves beyond recovery and places greater emphasis on rewarding shareholders.

Marks & Spencer Plans 50 Bank Branch Openings to Rival Tesco

Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, plans to open 50 bank branches in its stores within two years as it takes on Tesco Plc and British lenders such as Lloyds Banking Group Plc and Barclays Bank Plc.

M&S First-Half Net Tops Estimates as Sales Decline Eases

Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, reported first-half earnings that beat estimates and forecast an increase in profitability for the year as it offers fewer promotions.

N Brown Full-Year Income Climbs on Online Sales, Shares Rise

N Brown Group Plc , a U.K. internet and catalogue home shopping company, said full-year profit rose 15 percent as it sold more items online. The stock rose the most in five months.

Marks & Spencer Sales and Profitability Surprise as Bolland Makes His Mark

Marks & Spencer Group Plc , the U.K.’s largest clothing retailer, reported sales that beat estimates and forecast improved profitability as Chief Executive Officer Marc Bolland starts to put his stamp on the business.

HMV Announces Refinancing Accord That Could Give Lenders Shares Worth 5%

HMV Group Plc , the U.K.’s biggest CD and DVD retailer, said it agreed a two-year, 220 million-pound ($360 million) refinancing plan that will allow lenders to take a 5 percent share of the company.

Halfords Profit Rises 11% as Margins Offset Consumer Cuts

Halfords Group Plc , a U.K. seller of car parts and bicycles, said profit rose 11 percent last year as improved margins offset a squeeze on consumer spending. The shares rose the most since February 2010.

Marks & Spencer CEO Bolland's Honeymoon May Be Over as Clothing Sales Drop

Marks & Spencer Group Plc Chief Executive Officer Marc Bolland pledged in November to revamp his clothing business by becoming more fashionable. He won’t have much to show for the push when he reports sales tomorrow.

SuperGroup Sees Profit at Upper End of Estimates

SuperGroup Plc , the owner of the Superdry clothing brand, forecast fiscal full-year profit will be toward the upper end of analyst estimates after sales almost doubled during the Christmas trading period.

Game Group Maintains Dividend on Cash Generation, CEO Says

Game Group Plc maintained its dividend because “this is still a very cash-generative business,” Chief Executive Officer Ian Shepherd said.

London

Marc Bolland

France

Oklahoma Residents Return Home to Rubble After Tornado

Sony Jumps on Report Company Weighs Entertainment Spinoff

Victory for Dimon as JPMorgan Shareholders Reject CEO-Chairman Split

Apple’s Taxes Expose the Rotten U.S. Code

U.S. Stocks Rise as Bullard Says Stimulus Should Continue