Paul Mumford

Paul Mumford
ahead delays difficult means merger plans price problem share slightly straight
The problem with these delays is you can't go ahead with the merger plans straight away. It's a very difficult situation. It probably means the share price will slightly be on hold.
high street time turnaround
It's encouraging to get the turnaround at a time when the high street is very depressed.
action company severity slightly taken unprepared
It's a company that has been slightly unprepared for the severity of the downturn. They could have taken action sooner.
acceptance both clothing food good looks people product side though
He has done a pretty good job. It looks as though the product has got acceptance from people both on the clothing side and on the food side.
allow company create efficient focus growth manageable specific splitting target
Splitting it into two units will create a more efficient and manageable structure. It will allow the company to focus on specific sectors and target growth areas.
christmas full price retailers sold stock
Christmas won't be a blockbuster. Retailers are concentrating on getting as much sold at full price and have managed their stock better.
less looks risky shell turnaround
Shell is such a long turnaround story that BP looks a less risky bet.
balance interest level people sale sheet shows strengthen value wait
The level of interest in this sale shows how much value people think can be extracted from the company. Someone may wait for the sale to go through and strengthen the balance sheet and then make a play.