Retail news

• US retail recovery under new scrutiny on Wall Street

  06-01-2019 13:04
  Footfall and margins in focus despite record Christmas sales as online sales surge
  
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• To woo China, Apple must learn that it’s not in California any more

  06-01-2019 08:00
  Developing markets offer growth: but the firm’s phones must become cheaper and its services must compete with local rivalsAfter years of boom, Apple looks set for a rockier road in 2019 – partly through faults of its own and partly through social and economic factors that are affecting all the big smartphone manufacturers.The company’s chief executive, Tim Cook, laid the blame for a shock cut in sales forecasts – and the subsequent share price tumble – on the econom
  
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• M&S: another five-year plan, still no great leap forward

  06-01-2019 08:00
  Every new boss at the retailer has the same timetable for recovery in mind. But it never quite happens as plannedQuestion: when will the City witness the revival of Marks & Spencer? Answer: in about five years’ time.This is not a scoop. “About five years” tends to be the answer every time the question about the Resurrection of St Michael is asked, and it gets refreshed almost as often as the retailer’s fashion lines. Continue reading...
  
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• High Street’s big names on alert for crucial sales figures

  06-01-2019 07:00
  Festive trading reports for 20 major retailers including Debenhams and M&S will point to health of the sectorThe Christmas winners and losers on the high street will be revealed this week as at least 20 retailers, including Tesco, Marks & Spencer, Sainsbury’s, Morrisons and Debenhams, report festive trading figures.Last week’s results from Next and John Lewis showed a poor but not disastrous festive season for non-food retailers as shoppers saved a burst of spending until a f
  
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