(Repeats with no changes) By James Davey LONDON, March 6 (Reuters) - As online deliveries surge and shop sales fall, Britain's retailers are looking to refit their once bustling superstores with new attractions such as rivals' fashion brands to fill empty spaces and keep shoppers comi
Read moreBy James Davey LONDON, March 6 (Reuters) - As online deliveries surge and shop sales fall, Britain's retailers are looking to refit their once bustling superstores with new attractions such as rivals' fashion brands to fill empty spaces and keep shoppers coming through the door. In a
Read more(ShareCast News) - Total group sales at Mothercare fell in the third quarter, as weakness in the international business failed to offset an improving UK performance. The retailer, which caters for parents and young children, said total group sales in the 13-week period to 9 January fell 5.4% year-on
Read more* H1 underlying pretax up 112 percent to 7.0 million pounds * Underlying loss in UK business more than halved to 6.1 mln stg * Sales at UK stores open over a year, incl online, up 3.8 pct (Adds CEO comment, detail) By Lisa Barrington LONDON, Nov 19 (Reuters) - British ba
Read moreLONDON, Nov 19 (Reuters) - Baby goods retailer Mothercare more than doubled its half-year profit on Thursday on strong UK margin growth as the turnaround plan for its troubled British business made progress. Underlying profit before tax rose 112 percent to 7.0 million pounds ($10.7 million
Read more(ShareCast News) - Exane BNP Paribas downgraded Pearson to ''neutral' from 'outperform' and cut the price target to 1,000p. The bank said its investment case on Pearson was predicated on three main ideas. It argued that cyclical headwinds, especially in US Higher Education, would abate from 2015 on
Read more(ShareCast News) - Aa: Berenberg Bank starts a new coverage with a buy, sets target price at 350.00p. Globaltrans Investment Gdr (reg S): Credit Suisse upgrades to neutral, reduces target price to 4.20p. Connect Group: Berenberg Bank starts a new coverage with a buy, sets target price at 200.00p.
Read more(ShareCast News) - Berenberg initiated coverage of Mothercare at 'hold' with a 250p price target. "While we feel that Mothercare does have some potential to improve, we think the risk/reward ratio at current levels is not compelling." Berenberg noted that given the severe weakness in like-for-like
Read more(ShareCast News) - Childcare retailer Mothercare posted a rise in second-quarter UK sales, although the international business continues to face significant currency headwinds. For the 13-week period to 10 October, UK like-for-like sales were up 6.5% thanks to the company's digital strategy growing
Read more