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Dunelm, WH Smith, Next: Stocks under watch as retail shop prices rise
February 02, 2022 10:08 AM GMT| By Rishika RainaHighlights The UK’s shop price inflation level has nearly doubled in January, reaching its highest level in almost a decade. The furniture retail prices in the UK went up by a record 12.5% as compared to the previous year in December, as .....
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Tesco (TSCO): Why this stock is a good buy for now
February 01, 2022 12:08 PM GMT| By Rishika RainaHighlights Tesco has demonstrated tremendous growth and has also raised its profit guidance recently. Counters and Jack’s discount shops are being shut down by Tesco owing to low demand among customers. UK-based global retailer.....
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Tesco (TSCO) & Sainsbury (SBRY): Should you buy these FTSE 100 stocks?
February 01, 2022 09:43 AM GMT| By Suhita PoddarUK’s food and drinks shoppers at supermarkets may face some shortages as a key carbon dioxide (CO2) supply deal struck by the government ended on Monday. The Food and Drink Federation (FDF) stated that it was of critical importance for the UK.....
Boohoo, M&S, Burberry: Are high-street stocks under pressure?
January 31, 2022 07:53 AM GMT| By Rishika RainaHigh-street brands have had a rough time during the pandemic, but the situation is gradually improving. Swedish global clothing brand H&M, which was significantly impacted by the pandemic in 2020, has reported an 85% increase in its profits in .....
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Should you hold Ocado’s (OCDO) share after it slid 7%?
January 29, 2022 12:00 AM GMT| By Suhita PoddarOnline grocery retail company Ocado Group PLC’s (LON: OCDO) shares dropped over 7 per cent on Friday late hour trade after its competitor AutoStore issued a statement saying a German court had stayed Ocado’s proceedings against AutoStor.....
Why is WH Smith (LON: SMWH) in news?
January 20, 2022 11:59 AM GMT| By Priya BhandariThe FTSE 250-listed high street news, books, and convenience retailer, WH Smith Plc (LON: SMWH) has been in the news after it announced a trading update for the 20-week period to 15 January 2022 and shareholders’ revolt over the remuneration .....
ASOS (LON: ASC): Should you buy before it moves to the main market?
January 18, 2022 02:54 PM GMT| By Sreenivas D AjankarFTSE AIM-listed online fashion retailer ASOS Plc (LON: ASC) has finally disclosed its intent to move to the London Stock Exchange’s main market. Since its listing in October 2001, the stock has been part of the AIM index and gradually went on.....
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Shoppers returning to high street: Should you buy these retail stocks?
January 18, 2022 07:04 AM GMT| By Suhita PoddarThe number of shoppers in the UK rose by 1.5 per cent, in the week to 15 January, compared to the week before, according to data and shopping analytics firm Springboard. This rise in numbers was due to UK shoppers returning to high streets. As per.....
Why investing in Asos (LON:ASC) now can yield good returns?
January 14, 2022 04:56 PM GMT| By Rishika RainaOnline Fashion Retailer ASOS plans to move to the main market of the London Stock Exchange (LSE) next month after trading for 20 years on the Alternative Investment Market (AIM), LSE’s junior counterpart. This comes despite the ongoing disrup.....
Next (LON: NXT) & Asos (LON:ASC): Should you buy these stocks?
January 14, 2022 08:35 AM GMT| By Suhita PoddarHighlights Next PLC changed its policy and reported that it will slash its unvaccinated workers’ sick pay if they contract Covid-19. In December 2021, the UK government had relaxed the official self-isolation rules for the vaccinate.....
Why did Tesco (TSCO) shares drop despite improved full-year guidance?
January 13, 2022 01:28 PM GMT| By Suhita PoddarHighlights Tesco PLC’s shares fell over 1.5 per cent on Thursday, despite increasing its earnings estimates following a strong Christmas performance. Its group retail sales improved by 3.2 per cent during Christmas on a 1-year LFL b.....
Marks & Spencer’s (LON: MKS) sales growth beat peers. Buy alert?
January 12, 2022 01:37 PM GMT| By Suhita PoddarHighlights Marks & Spencer outpaced other food retailers such as Aldi and Lidl in the run-up to the holiday period, according to a NielsenIQ report. Marks & Spencer’s sales growth was at 9.4 per cent, compared to 8.5 per cent for .....
2022 to be tough for retailers: Are these 2 AIM stocks still a buy?
January 11, 2022 10:46 AM GMT| By Suhita PoddarUK based retail companies are expected to be impacted by multiple headwinds including soaring energy bills, an increase in national insurance later this year, a rising inflationary environment, and consumer spending seeing a hit due to rising cost .....
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Could these car dealership stocks be multibaggers of 2022?
January 06, 2022 09:56 AM GMT| By Sreenivas D AjankarHighlights The new car registration in the United Kingdom rose by 1% in 2021, indicating a slow recovery after the Covid-19 pandemic. Industry experts are of the view that the overall demand for new cars continues to remain high. However, the s.....
Which retail stocks can you buy in 2022?
January 06, 2022 09:40 AM GMT| By Rishika RainaHighlights The UK’s retail sector has been hit hard due to the impact of the Covid-19 pandemic. The Omicron variant has again hit the sector’s recovery yet again. Retail spending in the UK went up by 6.3% in October 2021 alone as c.....
Is it the right time to buy these 3 apparel retailers’ shares?
December 31, 2021 01:08 PM GMT| By Sreenivas D AjankarHighlights There will be proper paperwork requirements for the free trade of all goods as the grace period between the UK and European Union for goods trade, and customs will end from 1 January 2022. As per industry experts, the European .....
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3 FTSE home improvement stocks to buy amid a rise in consumer spending
December 31, 2021 09:37 AM GMT| By Sreenivas D AjankarHighlights As per the latest consumer spending data, homeowners spent more on home improvement and renovation after lockdown. Companies that supply innovative home improvement products to their customers witnessed significant growth and i.....
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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.....
