Matthew Mceachran News
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Aga Rangemaster Plc, the inventor of the range cooker in the early 1800s, rose for a seventh day in the longest streak in six years, as investors bet that trading will improve at the Fired Earth tile unit and in the U.S.
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Marks & Spencer Group Plc , the U.K.’s largest clothing retailer, said mounting pressure on consumer finances will make business more difficult this year after reporting sales growth in the holiday period.
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Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, said general-merchandise chief Kate Bostock will step down as part of a management shake-up following the biggest decline in non-food revenue since 2008.
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Dixons Retail Plc, the U.K.’s largest electronics retailer, rose the most five months in London trading after reporting a smaller first-half loss than analysts had estimated and an improving sales trajectory.
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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.
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Next Plc, the U.K.’s second-largest clothing retailer, reported “disappointing” holiday sales and forecast slack profit growth next year as the euro-debt crisis and a credit squeeze restrict consumer spending.
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Kesa Electricals Plc , Europe’s third- largest electronics retailer, said a revenue decline accelerated at the Comet chain in the U.K. as shoppers cut back on spending.
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Next Plc , the U.K.’s second-biggest clothing retailer, forecast a “tougher” end to the year after a sales decline worsened in the third quarter.
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JD Sports Fashion Plc , the U.K.’s second-largest sportswear chain, said comparable sales declined in the new fiscal year as higher sales tax and rising inflation squeezed household finances.
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Marks & Spencer Group Plc , the U.K.’s largest clothing retailer, said it’s “cautious” about the outlook for consumer spending after reporting slowing first- quarter sales growth.
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