All Financial results articles – Page 129
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NewsAsda sales drop but rate of decline slows
Asda has suffered its tenth consecutive quarter of falling sales, but bosses hailed “early signs of improvement” as the rate of decline slowed.
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NewsHammerson to offload property in new development focus
Hammerson is ready to offload more than £400m of property assets this year as it focuses its investment on new developments.
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NewsBreakfast briefing: Hammerson, Tesco and more
Retail news round-up: Hammerson revamps Brent Cross shopping centre and Tesco Ireland reports sales growth amid strike
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AnalysisAgenda: Asda and Hotel Chocolat update the market
Retail Week looks ahead to the next seven days, with Asda’s latest quarterly update and half year results from Hotel Chocolat both on the agenda.
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NewsHomebase owner makes loss in UK amid Bunnings rebrand
Australian conglomerate Wesfarmers, which bought Homebase last February, said it made a pre-tax loss of £28m in the UK in its maiden half-year.
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NewsToday in retail: Will inflation stunt consumer spending?
Retailers will have watched with interest today as the latest figures showed inflation has hit a two-and-a-half year high.
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NewsToday in retail: Tesco plagued by pricing pitfalls
Tesco has dominated the retail headlines today after claims that promotional offers at the shelf edge were not being applied at the tills.
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NewsL’Oréal confirms possible sale of The Body Shop
The Body Shop’s parent company L’Oreal is considering a sale of the retailer following falling sales and profits.
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NewsAgenda: Homebase Bunnings reveal latest sales figures
Retail Week looks ahead to the next seven days with financial updates from Homebase Bunnings owner Wesfarmers on the agenda.
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NewsToday in retail: Dunelm dips as market bites
Dunelm revealed slumping profits today as a challenging market, disrupted supply chain and an acquisition-laden half took its toll.
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NewsDunelm half-year profits slip amid ‘weaker market’
Dunelm has suffered a slump in profit during the first half of its financial year as a “weaker market” and “supply chain disruption” hampered performance.
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NewsYoox Net-a-Porter sales jump as customer numbers grow
Yoox Net-a-Porter has posted a spike in full-year sales as the group hailed increases in order numbers and active customers.
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NewsToday in retail: Aldi topples the Co-op to hit high five
Aldi greeted this morning’s news that it has toppled the Co-op to become the fifth largest grocer in the UK with little fanfare.
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NewsNew Look sales and profits plunge in third quarter
New Look suffered plunging sales and profits during the crucial Christmas quarter as it lamented the “extremely challenging” trading environment.
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NewsAmazon lowers profit guidance as it forks out for Prime
Internet goliath Amazon has lowered its profit guidance for the next quarter as it continues to plough money into its Prime membership.
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AnalysisAgenda: Dunelm, DFS and grocery market share updates
Retail Week looks ahead to the next seven days, with half year results from Dunelm, a pre-close update from DFS and the latest grocery market share data on the agenda.
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NewsJohn Lewis' sales boost from new fashion ranges
Sales at John Lewis were driven up last week by a strong performance in fashion as the retailer benefited from new season ranges.
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NewsCarpetright boss: 2017 is going to be 'hard work'
Carpetright chief executive Wilf Walsh warned that 2017 was going to be “hard work”, as currency volatility and increased competition continue to rile the retailer.
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NewsToday in Retail: Ocado ramps up international efforts
Ocado didn’t make much of a song and dance about the eye-catching appointment of former Sainsbury’s executive Luke Jensen.
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OpinionOpinion: Ocado's need for an international deal is critical
Ocado’s business model means it has had to invest massively to build scale – and this has continued to weigh on the profitability of the etailer.