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InterviewMarks & Spencer Group PLC
Breaking the ‘vicious circle’ of ageing customers: Archie Norman on turning around M&S
...The group has 244 full department stores selling clothes, food and homeware, with another 319 M&S-owned food stores and 461 franchise food stores....
November 11, 2023
Marks & Spencer Group PLC
M&S wins legal challenge against government over Oxford Street store
...Gove intervened and rejected M&S’s multimillion plans to rebuild the store in central London in July, two years after planning was approved by Westminster City Council....
March 1, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News in-depthJohn Lewis Partnership PLC
How John Lewis and M&S are faring in the battle for Middle England
...In some fundamental ways the pair are dissimilar, with M&S — judged by analysts to have done a good job in boosting its desirability and profits in recent years — having a greater number of stores and being...
March 16, 2024
UnhedgedRobert Armstrong
Is the rally over? Premium content
...The dollar store model has seen great growth over time and generates a lot of free cash flow....
January 22, 2024
News in-depthTechnology regulation
Blind internet users struggle with error-prone AI aids
...More than 900 companies, including American department store JCPenney and luxury fashion label Prabal Gurung, last year faced legal action from individuals over claims of an alleged failure to provide equal...
April 7, 2024
ReviewTheatre
The Divine Mrs S, Hampstead Theatre, London review — entertaining portrait of an actress ahead of her time
Rachael Stirling plays the shrewd and witty star Sarah Siddons in April De Angelis’s new play
April 3, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Marks and Spencer wins legal challenge against UK government
...Under M&S’s proposals, three existing buildings would be demolished to make way for a nine-storey development, including a new M&S store, restaurants, offices and a gym....
March 1, 2024
Marks & Spencer Group PLC
M&S joins other grocers in raising employees’ hourly pay
...Last month Lidl matched Aldi’s pay rise for store and warehouse workers....
February 27, 2024
News updates from August 31: UBS breaks record with $29bn profit after Credit Suisse deal, Eurozone inflation stickier than forecast in August
M&S launches legal challenge against decision to stop it rebuilding flagship store
...M&S’s operations director Sacha Berendji said it believed the levelling-up minister “wrongly interpreted” planning policy....
August 31, 2023
ReviewAlbums
Kacey Musgraves: Deeper Well — coffee-shop folk and a hint of psychedelia
...Musgraves riposted by tweeting the lyrics from “Dime Store Cowgirl” with a photo of her as a child in a Stetson....
March 13, 2024
Unhedged
Shopping for commercial real estate Premium content
...The biggest risk is a supply response, new stores swooping in to compete for suburban dollars....
January 18, 2024
LexCurrys Group PLC
Battered Currys is an odd candidate for a bidding war Premium content
...That working capital drag on cash flow means shareholders can only look forward to a reinstated dividend equal to one-tenth of 2019’s levels next year, according to Visible Alpha consensus....
February 19, 2024
Marks & Spencer Group PLC
M&S takes UK to High Court over blocked rebuild of London flagship
...store, restaurants, offices and a gym....
August 31, 2023
Unhedged podcast20 min listen
Tech stock winners
...Today on the show, we announce the winner of our contest, and try to think about what’s in store for next year. Also we go long the rest of the S&P 500 and short AI chatbots....
January 9, 2024
LexKering SA
Kering’s €1.3bn real estate bet is a pricey distraction Premium content
...But that is much lower than the double digit return on capital that Kering made in 2023, according to S&P Capital IQ....
April 4, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexUS retail
Black Friday: US retailers’ prospects look gloomy in a forgettable year Premium content
...The S&P Retail Select Industry Index has climbed about 5 per cent, less than a third of the S&P 500’s gain....
November 20, 2023
News in-depthJohn Lewis Partnership PLC
The challenges facing Tesco veteran Jason Tarry at John Lewis
...Waitrose is only slightly ahead of M&S in the grocery market, with a 3.6 per cent market share this month versus the latter’s 3.4 per cent, according to data provider NIQ....
April 12, 2024
LexFinancial services
Why US credit card investors are shrugging off surging delinquencies Premium content
...Synchrony Financial, which provides cards for stores such as JC Penney and American Eagle Outfitters, has gained 45 per cent....
March 18, 2024
ReviewTelevision
Curb Your Enthusiasm finale — Larry David concludes with a Seinfeld send-off
...Yet David has one more unexpected punchline in store — a pay-off to a great episode-long cameo from Jerry Seinfeld himself (co-creator of the eponymous show)....
April 8, 2024
US politics & policy
Trump finds a sympathetic crowd in New York’s Harlem neighbourhood
...In 2017, King told Politico: “I say, ‘Mr President, you know what it’s like to be a Black man . . . No matter what you say or do, you’re guilty as hell.’”...
April 20, 2024
The FT ViewThe editorial board
America’s robust national economy hides its weak spots
...To top it off, the S&P 500 is soaring....
April 3, 2024
ReviewGaming
Skull and Bones review — highs and lows of a storm-tossed pirate game
...The usual trappings of modern, always-online titles — an in-game store, a premium currency, seasonal paid-for content — don’t help with immersion either....
February 14, 2024
Apple Inc
Apple’s revenue growth clouded by worries about China slowdown
...The EU represents 7 per cent of the company’s global revenues from the App Store, the company says....
February 2, 2024
News updates from December 11: COP28 draft deal drops phaseout of fossil fuels, Zelenskyy implores US not to waver in its support for Kyiv
Risers and fallers in the US
...Share moves to note on the New York Stock Exchange include Macy’s, Cigna, and Tesla: Macy’s surged 20 per cent following reports the department store operator was the subject of a potential $5.8bn buyout...
December 11, 2023
Menswear
V-necks are back
...The menswear runways are full of them, celebrities are wearing them on the red carpet, and stores are placing them at the heart of their spring/summer 2024 offerings....
April 8, 2024

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