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Retail
JD Sports Fashion PLC target price hiked as Berenberg says group poised to
The bank also said while they were mindful of near-term uncertainty, they were “even more optimistic on the recovery of sportswear demand and the resilience of JD’s core consumer”
() has had its target price hiked to 750p from 620p by…
Auto Trader Group plc downgraded to ‘neutral’ by UBS over slow transition
Progress on transitioning from a marketing to a transaction platform could not be announced for another year
() was downgraded to ‘neutral’ from ‘buy’ by UBS as the firm now needs to execute on its opportunity to transition from a…
Activity levels on AIM at their highest levels in recent memory on 25th
A look back at some of the more interesting stories from London's AIM market this birthday week
There has been “rampant fundraising activity” on AIM this year, and the junior market has been well and truly open for business during…
Tesco PLC to count receipts from coronavirus quarter, while Marston’s PLC
The grocery giant is facing a shareholder revolt at the AGM over the pay packet of outgoing chief executive Dave Lewis
() will close out the week with a trading update alongside its annual shareholder meeting, with its shares down 12%…
Trucking CEOs expect high prices, demand in second half of 2022
U.S. trucking CEOs expect to maintain pricing power even with volumes softening in the second half of 2022 as retailers, manufacturers and consumers adjust to disruptions from Covid lockdowns, the Russia-Ukraine war and inflation.A…
Must ‘get our own house in order’
John Donahoe took over as Nike CEO in January 2020.Kim Kulish | Corbis via Getty ImagesNike Chief Executive John Donahoe sent a memo to employees Friday regarding the protests that have been sparked by the death of George Floyd, saying…
Economy snapping back but still has long way to go, alternative data shows
A customer shops at Cliff's Variety on June 16, 2020 in San Francisco, California.Justin Sullivan | Getty ImagesThe U.S. economy has shown signs lately that it could be snapping back to life more quickly than many anticipated, but…
How mall closings in America hurt the towns depending on them
Shoppers explore a mostly empty mall on May 12, 2020 in Columbus, Ohio.Matthew Hatcherr/Getty ImagesThe coronavirus pandemic is speeding up the demise of America's struggling shopping malls, which could deal a devastating blow to some…
Walmart CEO Doug McMillon said CEOs must advance racial equality
Walmart Chief Executive Doug McMillon said Friday the country's top CEOs will look for ways to address racial inequities that span society, from how the world of finance works to how police treat black Americans.In an interview on CNBC's…
Fevertree Drinks PLC expects gradual on-trade sales growth but invests in
The on-trade channel, consisting in restaurants and pubs, has been hit by closures
PLC () said it expects on-trade sales to gradually resume depending on how lockdowns are lifted in different countries.
The soft drinks producer, which…