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Omicron impacts UK high street: Are these 2 retail stocks still a buy?
December 20, 2021 08:00 AM GMT| By Suhita PoddarHighlights Shoppers’ visits to UK High Street were higher by only 0.8 per cent on Saturday and down by 1.8 per cent on Sunday, compared with the previous week. The number of overall shoppers’ visits fell by 25.2 per cent on Su.....
2 non-food retail stocks to buy amid rising sales
December 18, 2021 12:13 AM GMT| By Suhita PoddarHighlights UK’s November retail sales rose by a better-than-expected reading of 1.4 per cent, compared to an increase of 0.8 per cent in October. The higher reading was due to Black Friday and early Christmas shopping by UK shoppers. The.....
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Boohoo (BOO) shares slide 16%: Should you buy or avoid this AIM stock
December 16, 2021 02:20 PM GMT| By Suhita PoddarHighllights Fashion retailer Boohoo Group PLC’s shares fell sharply by 16 per cent on Thursday. The group forecasts its FY 2022 net sales growth to be in the range of 12 to 14 per cent from earlier 20 to 25 per cent. The group’s to.....
Ocado’s (OCDO) shares surge over 9%: Right time to buy?
December 14, 2021 02:19 PM GMT| By Suhita PoddarHighlights Ocado Group’s shares surged by over 9 per cent on Tuesday after the group’s JV Ocado Retail Ltd said it expects a ‘best-ever Christmas ahead’. The JV’s Q4 2021 retail revenue was higher by 31.6 per cent .....
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Frasers Group (LON: FRAS) launches second buyback: Opportunity to buy?
December 14, 2021 07:04 AM GMT| By Sreenivas D AjankarHighlights FTSE 250 listed Frasers Group Plc, which operates retail stores and an online portal, has announced a new share buyback program for its shareholders. The company intends to buy back a maximum of 10 million ordinary shares, with the m.....
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Are these 2 supermarkets cum fuel retail stocks a buy?
December 03, 2021 12:23 PM GMT| By Suhita PoddarHighlights RAC said UK drivers are losing about £5.5 million per day based on current fuel prices and called on supermarket and fuel retailers to cut their prices immediately RAC said that supermarkets were slow to pass on the lower.....
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Should you buy these 2 FTSE midcap retail stocks?
December 01, 2021 12:49 PM GMT| By Suhita PoddarShop prices in November rose by 0.3 per cent on a year-on-year basis, increasing for the first time since May 2019, according to UK retail trade body, the British Retail Consortium's (BRC) monthly monitor. Comparatively, the October index had shown.....
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Why Britain’s manufacturers may be staring at a crisis
November 30, 2021 07:10 AM GMT| By Rishika RainaAmid a swift increase in prices and rising debts, manufacturers in the UK are being pushed over the brink, according to the results of a new survey conducted by Make UK. The trade body, along with the accountancy firm RSM, surveyed over 200 company.....
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2 retail stocks to buy amid robust pre-Christmas sales
November 26, 2021 12:30 PM GMT| By Suhita PoddarHighlights The CBI’s latest survey found that November monthly retail sales hit a 3-month high with a reading of 39, compared to a reading of 30 in October. Selling prices also rose at the fastest rate since May 1990 due to supply chain i.....
2 FTSE car retailer stocks to buy despite production drop
November 26, 2021 10:18 AM GMT| By Sreenivas D AjankarHighlights 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......
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3 retail stocks to buy amidst growing Christmas sales
November 23, 2021 10:24 AM GMT| By Nidhi GuptaHighlights 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.....
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Going for Black Friday shopping? Consider these 2 retail stocks
November 22, 2021 11:15 AM GMT| By Suhita PoddarHighlights 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
November 19, 2021 02:44 PM GMT| By Suhita PoddarHighlights 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
November 18, 2021 09:17 AM GMT| By Suhita PoddarHighlights 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?
November 12, 2021 01:30 PM GMT| By Nidhi GuptaHighlights 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
November 10, 2021 03:24 PM GMT| By Nidhi GuptaHIGHLIGHTS 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
November 10, 2021 12:48 PM GMT| By Sreenivas D AjankarThe 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.....
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Associated British Foods zooms 7% as it declares double dividends
November 09, 2021 02:15 PM GMT| By AbhijeetHighlights 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
November 09, 2021 08:18 AM GMT| By Nidhi GuptaHIGHLIGHTS 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.....
Next (NXT) expects no Xmas sales boom: Should you hold the shares?
November 04, 2021 08:06 AM GMT| By Suhita PoddarHighlights Retail major Next’s expects supply chain issues, lorry driver shortages to affect its growth for the rest of FY 2021. The group’s full-price sales in the thirteen weeks to 30 October were up by 17.0 per cent on a like for.....
