All Financial results articles – Page 178
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NewsMajestic Wine toasts rise in profits despite sales dip
Drinks specialist Majestic Wine has posted a profits rise despite a sales fall last year.
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NewsThe Hut moves into the black as sales surge 30% last year
Online retailer The Hut has moved into the black at pre-tax level after making operational improvements and shifting out of low margin categories.
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AnalysisAnalysis: What can we learn from Walmart’s AGM?
Walmart shareholders gathered in the world’s largest retailer’s home in Bentonville, Arkansas last week for the annual meeting. Alex Lawson reports on developments there and at UK subsidiary Asda.
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NewsAnalysis: Premium fashion retailer LK Bennett plans overseas expansion
The regular endorsement of one of the world’s most famous women has helped keep British premium womenswear retailer LK Bennett in good shape.
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NewsOriginal Factory Shop profits surge as new boss prepares to take reins
The Original Factory Shop has achieved a 30% surge in EBITDA as outgoing boss Angela Spindler prepares to hand the baton over to former Woolworths boss Tony Page.
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OpinionNick Bubb’s Verdict: WHSmith - Is the time right for a demerger?
The constant mantra at WHSmith has been “Sales down, gross margins up, costs down”, but is it time to split the business up?
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OpinionComment: Supply chain improvement cuts time from shore to store for M&S
Marks & Spencer this week became the first company to sign up for a distribution centre at the new DP World London Gateway deep-sea port on the Thames estuary.
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OpinionComment: Investing in own-brand can enable growth in tough times
Last week Tesco disappointed the City with its first-quarter performance, but in light of this week’s results from Sainsbury’s perhaps critics were a little harsh.
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NewsFootwear retailer Schuh pre-tax profits soar as it grows store estate
Footwear retailer Schuh’s pre-tax profits soared to £25.6m in its year to February 2 as its store estate approaches 100 shops.
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OpinionComment: Tesco’s woes are the dreams of others
Another week, another Tesco bashing. Whilst it is clearly going through a rough patch, its issues are exacerbated by the fact it is the bellwether, not just for UK retail but for the UK’s economy.
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NewsIceland posts profit rise after strong second half performance
Iceland has notched up a profits rise after staff responded to a rallying cry from bosses when it seemed earnings could slip back.
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NewsAnalysis: French Connection’s turnaround plan is looking positive
The latest results from beleaguered fashion retailer French Connection might not exactly have merited a toast among shareholders last month, but there were probably sighs of relief.
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AnalysisAnalysis: The DIY market – How retailers are fighting tough conditions
A depressed housing market, unseasonal weather and a shift in consumer spend mean the DIY market has shrunk. How can retailers fix the problems?
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OpinionNick Bubb’s Verdict: The message from Waitrose's Milton Keynes store
Milton Keynes is famous - or infamous - for all its roundabouts, but it is also the location of Waitrose’s latest thinking on store design.
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OpinionComment: Does Card Factory have investor appeal?
Card Factory is undoubtedly an impressively run retailer, so in many ways reports that the owners of the budget greetings card chain are considering a float is not surprising.
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NewsMoss Bros posts flat like-for-likes after "difficult" start to the year
Menswear retailer Moss Bros like-for-like sales were flat for the 18 weeks to June 1, as it experienced a “difficult” start to the year.
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OpinionComment: Will Ocado’s link-up with Morrisons damage the brand?
I often find myself in a minority, thanks largely to a love of country music and Hendon FC. But a more recent minority experience is being one of few supporters of Ocado.
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OpinionComment: Ocado’s pet store - The dawn of an online empire?
Just this week, the Centre for Retail Research released new findings predicting that the share of online from overall retail sales will rise from 12.7% in 2012 to 21.5% by 2018.
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NewsGoldsmiths-owner Aurum full year profits jump 7% to £12.9m
Jewellery group Aurum, owner of Goldsmiths, Mappin & Webb and Watches of Switzerland, full year pre-tax profits jumped 7% to £12.9m.
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AnalysisInternational analysis: Target suffers disappointing first quarter
Target can now be added to the list of US general merchandise retailers, which already includes Walmart, JC Penney and Kohl’s, whose first-quarter results disappointed.