The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9,098.00
Bid: 9,110.00
Ask: 9,114.00
Change: 120.00 (1.34%)
Spread: 4.00 (0.044%)
Open: 9,066.00
High: 9,144.00
Low: 9,008.00
Prev. Close: 8,978.00
NXT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Primark pulls the crowds as stores reopen in England after lockdown

Mon, 15th Jun 2020 10:01

(Adds details, comment)

By James Davey

LONDON, June 15 (Reuters) - Long queues of shoppers snaked
outside some stores in England from early in the morning on
Monday, with discount fashion retailer Primark proving a big
draw as non-essential shops reopened their doors after 83 days
of lockdown.

Queues formed outside several branches of Primark, which
does not sell online so has not taken a penny in the country for
weeks. In Birmingham, home to the world's biggest Primark, the
store opened early as hundreds of people lined up outside.

Department stores, clothing retailers, electrical outlets
and bookshops have been closed since March 23 when Prime
Minister Boris Johnson imposed a lockdown to limit the spread of
the coronavirus.

While outdoor markets and car showrooms reopened on June 1,
Monday is the big return to business for retailers, who are
desperate to get the tills ringing again.

The reopening only applies to England, with stores in
Scotland and Wales waiting for guidance from their devolved
administrations on when they can resume trading. Non-essential
stores in Northern Ireland reopened on Friday.

Getting shoppers spending again is key to Britain's recovery
after official data on Friday showed the economy shrank by a
quarter over March and April. The British Retail Consortium
reckons the lockdown has cost non-food stores 1.8 billion pounds
($2.3 billion) a week in lost revenues.

"We need to start working to get the economy back opening
again because that's the best way of restoring livelihoods,"
business minister Paul Scully told BBC radio.

STORES LOOK DIFFERENT

Stores look very different, though, as they have to observe
social distancing regulations. Shoppers face queues outside,
restricted numbers inside and limitations on trying products.

Fitting rooms will be closed, according to government
guidance, while goods that are tried-on or returned by customers
need to be stored for 48 hours, or cleaned, before being
re-displayed on the shop floor.

Some chains are reopening all their English stores, while
others are taking a phased approach.

Primark, owned by Associated British Foods, is
opening all its 153 stores in England. Marks & Spencer,
which has traded online and kept its food halls open, will
reopen the majority of its clothing and homeware selling space.

But rivals Next and John Lewis are
opening just 24 and two respectively. See FACTBOX on reopening:

Industry executives remain cautious.

"Without doubt this is going to be one of the most difficult
years for retailers ever," Anne Pitcher, managing director of
department store chain Selfridges, told BBC radio.

($1 = 0.7973 pounds)
(Reporting by James Davey; Editing by Mark Potter and Pravin
Char)

More News
4 Jan 2024 17:03

FTSE 100 rebounds as Next outweighs slump in JD Sports

Next shines on profit forecast hike

*

Read more
4 Jan 2024 16:54

LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

(Alliance News) - Stock prices in London closed higher on Thursday, as investors eye the latest US non-farms data.

Read more
4 Jan 2024 13:35

UK'S Sainsbury's to spend 200 mln stg on 9% rise in workers pay

LONDON, Jan 4 (Reuters) - British supermarket group Sainsbury's said on Thursday it would invest 200 million pounds ($254 million) on raising the pay of 120,000 workers by more than 9% to a level above the new rate of the government-mandated national minimum wage.

Read more
4 Jan 2024 13:07

London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

Read more
4 Jan 2024 12:09

LONDON MARKET MIDDAY: Retailers Next and JD Sports bookend FTSE 100

(Alliance News) - Stock prices in London were slightly higher at midday on Thursday, with the FTSE 100 looking set to snap the two-day losing streak it suffered at the start of the year.

Read more
4 Jan 2024 11:25

Red Sea attacks could moderate growth at UK's Next, says CEO

LONDON, Jan 4 (Reuters) - British clothing retailer Next's sales growth will likely be moderated if disruption to shipments through the Suez Canal due to attacks by Iran-backed Yemeni Houthi militants in the Red Sea continues through 2024, its boss said on Thursday.

Read more
4 Jan 2024 10:17

UK clothing retailer Next ups profit outlook again on strong Christmas

Full price sales up 5.7% in nine weeks to Dec. 30

*

Read more
4 Jan 2024 08:58

LONDON MARKET OPEN: Next leads buoyant FTSE 100 amid services PMIs

(Alliance News) - Stock prices in London opened up on Thursday, amid a slew of services PMI data, including for the UK, while reacting to the latest data from China.

Read more
4 Jan 2024 08:06

TOP NEWS: Next ups profit outlook again after bumper Christmas trading

(Alliance News) - Next PLC on Thursday lifted annual guidance once again, after sales around the key festive period were better than what the retailer had anticipated.

Read more
4 Jan 2024 07:57

LONDON BRIEFING: Stocks to open higher amid slew of services PMIs

(Alliance News) - Stocks in London are set to open slightly higher on Thursday, ahead of a slew of services PMI data, including for the UK, while reacting to the latest data from China.

Read more
4 Jan 2024 07:02

Next lifts guidance after better-than-expected Xmas sales

(Sharecast News) - UK fashion retailer Next lifted annual guidance for the fifth time in seven months after full-price sales came in a massive £38m more than expected during November and December, but warned that attacks on shipping in the Red Sea could cause supply delays.

Read more
28 Dec 2023 15:56

UK earnings, trading statements calendar - next 7 days

Friday 29 December 
Pantheon Resources PLCFull Year Results
Monday 1 January 
no events scheduled 
Tuesday 2 January 
no events scheduled 
Wednesday 3 January 
no events scheduled 
Thursday 4 January 
M&C Saatchi PLCTrading Statement
Mattioli Woods PLCTrading Statement
Next PLCTrading Statement
Videndum PLCTrading Statement
Walker Crips Group PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
27 Dec 2023 17:02

LONDON MARKET CLOSE: Stocks start week higher as 2024 draws to close

(Alliance News) - Equities in London kicked off an abbreviated trading week with gains on Wednesday, on continued US interest rate optimism at the end of 2024.

Read more
27 Dec 2023 15:56

UK dividends calendar - next 7 days

Thursday 28 December 
Babcock International Group PLCdividend payment date
BT Group PLCex-dividend payment date
Cerillion PLCex-dividend payment date
Develop North PLCdividend payment date
Focusrite PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Grainger PLCex-dividend payment date
Jet2 PLCex-dividend payment date
JPMorgan European Discovery Trust PLCex-dividend payment date
Lowland Investment Co PLCex-dividend payment date
North American Income Trust PLCex-dividend payment date
Schroder AsiaPacific Fund PLCex-dividend payment date
Schroder European Real Estate Investment Trust PLCex-dividend payment date
Schroder Income Growth Fund PLCex-dividend payment date
Troy Income & Growth Trust PLCex-dividend payment date
Ultimate Products PLCex-dividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
Friday 29 December 
Alliance Trust PLCdividend payment date
DFS Furniture PLCdividend payment date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Energean PLCdividend payment date
Global Smaller Cos Trust PLCex-dividend payment date
Henderson Diversified Income Trust PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Imperial Brands PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
NextEnergy Solar Fund Ltddividend payment date
Palace Capital PLCdividend payment date
PayPoint PLCdividend payment date
Pollen Street PLCdividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Temple Bar Investment Trust PLCdividend payment date
Warehouse REIT PLCdividend payment date
Monday 1 January 
no events scheduled 
Tuesday 2 January 
Blackrock Sustainable American Income Trust PLCdividend payment date
Fuller Smith & Turner PLCdividend payment date
Land Securities Group PLCdividend payment date
Wednesday 3 January 
Bunzl PLCdividend payment date
FirstGroup PLCdividend payment date
Next PLCdividend payment date
QinetiQ Group PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
27 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks hold onto gains amid US rate cut hopes

(Alliance News) - London's FTSE 100 index was outperforming other European stock-price measures at midday on Wednesday, boosted by gains for miners and industrials.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.