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UK Retail Sales Suffer Worst Year in More Than a Decade
Sales at brick-and-mortar stores fell 1.9 percent in December, capping off the worst year for monthly sales shrinkage since at least 2006, finds to a new report by BDO LLP.
UK Retail Sales Suffer Worst Year in More Than a Decade
Sales at brick-and-mortar stores fell 1.9 percent in December, capping off the worst year for monthly sales shrinkage since at least 2006, finds to a new report by BDO LLP.
Next Reports Strong Christmas Sales
The British retailer's performance may signal a reprieve for others in the sector reporting later this month.
Next Reports Strong Christmas Sales
The British retailer's performance may signal a reprieve for others in the sector reporting later this month.
Next Beats UK Heat as It Raises Full-Year Profit Outlook
The rosier outlook stands out as some of Next’s competition — includingMoss Bros Group and department store chain House of Fraser — languished in the summer heat.
Next Beats UK Heat as It Raises Full-Year Profit Outlook
The rosier outlook stands out as some of Next’s competition — includingMoss Bros Group and department store chain House of Fraser — languished in the summer heat.
Next Clothing Margins to Shrink Amid UK Retail Woes
The company expects retail margins to fall to 10 percent from around 13 percent as a result of lower like-for-like sales.
Next Clothing Margins to Shrink Amid UK Retail Woes
The company expects retail margins to fall to 10 percent from around 13 percent as a result of lower like-for-like sales.
Next Lifts Profit Outlook as Christmas Sales Beat Expectations
Strong sales at the British chain are an upbeat signal for UK retailers contending with Brexit-related worries and the rise of online shopping.
Next Lifts Profit Outlook as Christmas Sales Beat Expectations
Strong sales at the British chain are an upbeat signal for UK retailers contending with Brexit-related worries and the rise of online shopping.
Online Sales Boost UK Black Friday as Retail Stores Languish
E-commerce sales were up by 6 percent, while the number of shoppers in stores was down by 3.6 percent.
Online Sales Boost UK Black Friday as Retail Stores Languish
E-commerce sales were up by 6 percent, while the number of shoppers in stores was down by 3.6 percent.
UK Retailers Endure Worst July in Eight Years
British shops saw a dip in sales last month, adding to evidence consumers are cutting back spending on discretionary items.
UK Retailers Endure Worst July in Eight Years
British shops saw a dip in sales last month, adding to evidence consumers are cutting back spending on discretionary items.
Next Shares Rise as it Holds Profit Forecast in Tough UK Market
The UK retailer maintained its forecast that profit will fall this year to between £680 million ($849 million) and £780 million, defying some analyst predictions that CEO Simon Wolfson would lower it.
Next Shares Rise as it Holds Profit Forecast in Tough UK Market
The UK retailer maintained its forecast that profit will fall this year to between £680 million ($849 million) and £780 million, defying some analyst predictions that CEO Simon Wolfson would lower it.
Next's Stock Slump Has Wolfson's Believers Sensing Opportunity
Next is trading at the biggest discount to its UK retail peers in about 12 years. On a multiple of 8.8 times estimated earnings, it is more affordable than even rival Marks & Spencer Group Plc.
Next's Stock Slump Has Wolfson's Believers Sensing Opportunity
Next is trading at the biggest discount to its UK retail peers in about 12 years. On a multiple of 8.8 times estimated earnings, it is more affordable than even rival Marks & Spencer Group Plc.
Next Lowers Profit Forecast and Warns of Difficult Year Ahead
Next forecast pretax profit for the following fiscal year in a range of £680 million to £780 million, below estimates of about £784 million.
Next Lowers Profit Forecast and Warns of Difficult Year Ahead
Next forecast pretax profit for the following fiscal year in a range of £680 million to £780 million, below estimates of about £784 million.