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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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| Stobart Rfd | LSE:STOR | London | Ordinary Share | GG00B53QY416 | ORD 10P (RFD-01/03/2011) |
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| 0.00 | 0.00% | 142.50 | 0.00 | 01:00:00 |
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| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
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| - | O | 0 | 142.50 | GBX |
Stobart Rfd (STOR) Share Charts1 Year Stobart Rfd Chart |
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| Date | Time | Title | Posts |
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| 14/9/2007 | 03:00 | UK Retail Stores - a bellwether for the UK consumer? | 5 |
| 23/8/2007 | 14:50 | US Retail Department Stores- Consumer bellwethers | 11 |
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Posted at 14/9/2007 03:00 by energyi Britons now owe a collective £3,345bn more than the country's gross domestic product. This week, the Citizens Advice Bureau disclosed that debt cases have jumped by 20 per cent in the past year to a record high. Amid the difficulties, the British Retail Consortium warned that 2007 could be the hardest year for the £250bn-a-year retailing industry since 2000. According to a BRC report this month, retail sales grew by only 1.8 per cent in August as people cut back on buying furniture and homewares. Shoppers were becoming more cautious about committing to big purchases and heavy discounting was often needed to persuade them to buy, added the BRC.Meanwhile, demand for consumer services, such as travel, leisure and personal care, fell this summer, said the Confederation of British Industry. "A combination of higher household borrowing costs and poor weather has put a dampener on consumers' spending over the last three months and on travel and leisure in particular," said the CBI's chief economist, Ian McCafferty. Some retailers will do well, regardless of any slowdown. John Lewis, for example, is expected to report strong figures to the City this morning. But many leading names have been experiencing difficulty. On Tuesday, JJB Sports forecast that its sales would be down by almost a third, which sent its share value plummeting. City analysts looked to slash their predictions for French Connection after tough trading conditions in the summer when, according to its chairman and founder, Stephen Marks, "it went a bit pear-shaped". Next is quadrupling its marketing budget and planning its first TV advertising campaign to ensure customers keep visiting its shops. Yesterday, the nation's biggest household goods group, Home Retail, said profits at its Homebase DIY chain plunged because of poor weather this summer and warned about future trading. Other retailers are experiencing a squeeze because of the economic slowdown, the poor weather, rising costs and the popularity of online shopping, which is forecast to surge by 30 per cent to £44bn this year. /more: |
Posted at 20/12/2006 22:58 by energyi SPENDING MAY STAY STRONG - if MEW-ing stays strongWhich will break first?? ==== [b]November lending highest ever, reports CML[/b] 20 December 2006 Gross lending hit an all time record of £33.1 billion in November according to the latest data from the Council of Mortgage Lenders. Lending was 9% higher than the October figure of £30.5 billion, and 19% higher than the £27.7 billion of lending in November last year. It was 0.2% higher than the previous record set in August of £33 billion. The strength of lending has been fuelled by the number of households growing more quickly than the supply of available housing. This has pushed up annual house price growth to nearly 10% in the final quarter of this year, compared to between 3% and 5% at the beginning of the year. Strong growth in the London housing market coupled with robust buy-to-let demand have also contributed to November's record lending figure. Commenting on today's data, CML Director General Michael Coogan said: "The housing market is undoubtedly in robust shape as we move towards the New Year. Not only is today's lending figure the highest ever, our recently published forecasts suggests lending will beat our previous predictions for the coming two years. "Looking ahead, mortgage lending looks set to remain seasonally strong over the winter months, reflecting a continuing high level of transactions and house price growth. As for 2007 as a whole, we expect to see gross lending total around £360 billion - another record breaking year." |
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