2 FTSE car retailer stocks to buy despite production drop

Highlights Car production in the UK witnessed a decline for the fourth consecutive month amid a shortage of semiconductors. The number of cars manufactured in October was at 64,729, while year to date car production declined by 2.9% to 721,505....

3 retail stocks to buy amidst growing Christmas sales

Highlights Next’s overall full-price sales, including online and retail, for the thirteen weeks to 30 October, were up 17.0% compared to the same period in 2019. JD Sports completed the takeover of an 80% stake in Cosmos Sport S.A., which...

Going for Black Friday shopping? Consider these 2 retail stocks

Highlights  Black Friday and Cyber Monday online scams rose by 61 per cent, to £15.4 million in 2020 compared to the previous year. Action Fraud warned shoppers to be vigilant ahead of the Black Friday sale on 26 November. The U...

Consumer confidence on a rise: 2 retail stocks to buy now

Highlights GfK’s consumer confidence index increased by 3 points to negative 14 in November, compared to negative 17 in October as shoppers gear up for Black Friday and the festive period. The rise comes despite the UK’s headline in...

Supermarket staff wages on a rise: 2 grocery stocks still a good buy

Highlights  Lidl GB became the highest paying supermarket, after stating its plans to increase its staff wages from £10.85 to £11.35 in London, and from £9.50 to £10.10 for workers outside of London. The hike is exp...

Boohoo (BOO) & Tesco (TSCO): Which retail stock you can buy now?

Highlights  Boohoo Group has inked a collaboration agreement with OOOOO Entertainment Commerce Limited to join its mobile commerce platform. For H1 2021/22, Tesco’s board announced an interim dividend of 3.20 pence per share to share...

Profit forecast upgrade! 2 retail stocks to grab now

HIGHLIGHTS Marks and Spencer recorded a profit before tax of £187.3 million for the half-year period ended 2 October 2021 compared to a loss of £87.6 million in 2020. Halfords Group raised its FY22 full-year profit before tax guida...

2 supermarket stocks to buy amid rising grocery inflation

The grocery inflation in the UK rose to 14 months high mainly due to supply chain disruption and shortage of HGV drivers in the country. The UK supermarkets reported a 2.1% rise in grocery inflation in October 2021, the highest level since August 2...

Associated British Foods zooms 7% as it declares double dividends

Highlights Shares of Associated British Foods advanced more than 7% on Tuesday It has declared final dividend of GBX 20.5 & special dividend of GBX 13.8 during FY20, company skipped dividends due to Covid-19 pandemic   Shares of...

M&S (MKS), Next (NXT) & WH Smith (SMWH): 3 retail stocks to buy now

HIGHLIGHTS For the 19-weeks ended 14 August 2021, Marks and Spencer reported a 29.1% year-on-year increase in overall revenue. For the 13-weeks ended 30 October 2021, Next Plc’s full-price sales rose by 17.0% compared to 2019. WH Smith&r...