While top-line growth was impressive, operating income and margins were severely impacted by the rise in the purchasing price of key products due to inflationary pressures and currency devaluation, as well as aggressive value campaigns at Pizza Hut and …
Deval Patrick's move to give cities and towns control over the number of liquor licenses they can issue generally is being well-received, but some expressed concern about the potential devaluation of existing licenses. Obtaining licenses sold for up to …
… 2014, the first quarter results in Canada will be negatively impacted by the weakening of the Canadian dollar and the results from our South American operations will be affected by the Argentine peso devaluation, which will increase the effective …
Since the crisis, the hryvnia has fallen sharply, and the IMF has said that no further devaluation would likely be needed but that the rate shouldn't be fixed. The two U.S. lawmakers say a floating hryvnia could lead to high inflation, and they …
… growing worldwide protectionism including competitive devaluation in Japan, declining real incomes, income polarization, declining union memberships, high unemployment and downward pressure on federal and state and local government spending.
Smith said that Mothercare is working with suppliers to secure more exclusive ranges as a way to combat the “highly promotional and competitive” market place, which he expects to continue in the year ahead. It is also bringing in more own brand to help …
It said its international division had improved constant currency sales by 9.8% in the quarter but an increasing level of currency devaluation had reduced reported retail sales by 1.8%. In the UK, it said sales had improved since the third quarter …
If we look at Southern Europe today, austerity has not banished some of the deeper problems (such as youth unemployment) or an overall fragility but it has made their economies more competitive and, perhaps above all, lowered the interest rates for …
In the UK, we expect the environment to remain competitive and promotional. In International, we expect the effects of currency devaluation to continue into the new financial year." In London, Mothercare shares are currently trading at 185.11 pence, up …