Boots

Article Abstract:

The third-quarter trading statement from Boots, the retailer and toiletries manufacturer, reported an increase in like-for-like sales of only 1.5% at Boots the Chemist, a significant slow-down. This is in spite of strong sales increases in cough and cold remedies, indicating weaknesses in other areas of its Healthcare unit. Weaknesses in Leisure, Kitchen and Home offset improvements in Photography and Food. There is also concern that newly opened stores affected sales a nearby older stores.

Boots Company PLC

---

Entrepreneur Green conforms offer, sparking familiar rumours

Article Abstract:

Analysts believe a bid for Sears is far off, although Philip Green, retail entrepreneur, would be interested in paying 340 pence per share. However it will only formally bid if Medinbond, Mr Green's investment vehicle, undertakes due diligence, and if the deal is recommended to shareholders. Other potential bidders include N Brown a mail order specialist, and Otto Versand of Germany, is said to be interested in the mail order division.

Sears, Roebuck and Co., S

---

Dead in the water

Article Abstract:

Kingfisher, a retailer, has seen shares improve recently, although there are problems with the way Woolworth uses information from cash tills to control stock levels, and there has been a fall in sales. The company is aiming to regain female customers and wants to increase its share of the toys market. Kingfisher's electrical business is also expected to see difficult times.

Retail Stores, Kingfisher PLC

Similar abstracts:

• Abstracts: Competitiveness and consumer preferences of U.S. fruits in Taiwan. The role of technical efficiency in takeovers: Evidence from the French cheese industry, 1985-2000
• Abstracts: Partner selection and group information in cooperative benchmarking
• Abstracts: Does managerial compensation reflect performance? Avoiding yield declines in reverse mortgages. Improving small-business loan profitability
• Abstracts: Coming: a source of competitive benchmarking for retail distribution strategy. How to turn around retail
• Abstracts: Recollections of a late entrant. The training of an economist. Recollections of a lucky economist

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.