Two more profit warnings have hit the press – This time it is Clinton Cards and Mothercare The Telegraph article opens by saying that shares in Clinton Cards and Mothercare fell sharply on Thursday after they became the latest retailers to say that the snow had hit sales over Christmas. Clinton Cards, which also runs.. read more →
As a postscript to my blog entry this morning, I thought I’d mention that just under three years ago there was a blog post about HMV on the Interactive Investor site : Is HMV in the ‘buggy whip’ business? A few quotes: I bought HMV thinking it would go on growing but the question now.. read more →
Another interesting article in the Telegraph has caught my eye: HMV profit warning: can it survive? Now, I am going to have to confess some pro-HMV bias here. I’ve been involved with them on a number of occasions over the last twenty-five years, I’ve had a beer or two with Mr Fox, and I even.. read more →
Following on from my last post, VAT is now 20%, but how is this actually going to impact on our spending patterns? In my last post I discussed what would happen to the all-important price points. Now the BBC has an article discussing the same subject: Who, What, Why: What happens to £9.99 when VAT.. read more →