All Financial results articles – Page 184
-
News
Otto Group records rise in revenue
Online and mail order specialist Otto Group recorded a 2% rise in revenue to E2.1bn (£1.83bn) for the year to February 28, 2013.While not disclosing figures, the company said that it achieved its highest profit in a decade and that 80% of sales now come from ecommerce.Otto is restructuring its ...
-
News
Department store Macy's reports solid performance for 2012
Department store group Macy’s reported a solid performance in 2012 on the back of strong online growth.For the full year, sales reached $27.69bn (£18.38bn), an increase of 4.9% on the previous year. Like-for-like sales, which strip out an extra week in fiscal 2012, increased 3.7%, beating company guidance.Online sales from ...
-
AnalysisInternational analysis: Target aims for Canadian market share
Lacklustre trading over Christmas hasn’t cast a shadow over discount retailer Target as it gears up for its first international foray.
-
AnalysisAnalysis: What Republic will bring to Mike Ashley’s empire
The Sports Direct acquisition of young fashion retailer Republic will bring it into even fiercer competition with rival JD Sports.
-
NewsVideo: John Lewis Partnership reports 17% bonus as profits soar 15.8%
John Lewis Partnership staff will receive bonuses worth 17% of salary after the group reported a 15.8% surge in full year pre-tax profits.
-
OpinionComment: Can department store Debenhams get back on track?
Department store group Debenhams has fallen from grace with investors, with almost 15% wiped off the retailer’s share price.
-
News
Grocery retailer Ahold reports profit decrease
Grocery retailer Ahold’s 2012 profits were hit by increased pension costs and restructuring charges at its US operation.For the full year, net income fell 18.7% to E827m (£713.6m). Fourth-quarter operating income included pension costs of E88m (£75.9m) in the US and Europe, and E26m (£22.4m) of impairment costs primarily related ...
-
NewsAgricultural retailer Countrywide breaks into first half profit
Agricultural retailer Countrywide has broken into first half profit after investing in lowering prices and improving stores.
-
AnalysisAnalysis: Quality and design drive Sainsbury’s non-food growth
Sainsbury’s non-food business has “come of age”. We discover how quality and design have played a vital part in its rejuvenated offer.
-
AnalysisAnalysis: Is the Irish retail market down and out?
The appointment of examiners at B&Q Ireland has cast fresh doubts on the turbulent Irish market but, there are opportunities for growth too.
-
News
Walmart records solid trading for fourth quarter
Walmart recorded solid trading in its fourth quarter. In the 13 weeks to January 25 group net sales increased by 3.9% to $127.1bn (£84.13bn). Group income from continuing operations rose 7.9% to $5.6bn (£3.71bn).Much of the growth was driven by overseas operations. Walmart International reported a 6.9% increase in fourth-quarter ...
-
OpinionRetail surgery: How can we deal with underperforming stores?
How can we deal with underperforming stores?
-
NewsBudget variety retailer Tiger pre-tax profits rocket 101%
Budget variety retailer Tiger enjoyed a record 2012 as pre-tax profits rocketed 101% to £1.6m in the year as the retailer expanded its store base.
-
News
ShopRite posts first half sales growth
ShopRite has posted sales growth of 13.8% to R46.7bn (£3.5bn) for the first half ended December 31, 2012.The Sub-Saharan grocery market leader also revealed an increase of 16% in trading profit to R2.5bn (£187.4m). Net profit rose 19.6% to R1.7bn (£127.4m).In South Africa, the retailer increased turnover by 11.5% to ...
-
OpinionNick Bubb's verdict: The John Lewis question is sanity versus vanity
The old adage is that “sales are vanity, profits are sanity”, so has the mighty JLP managed to translate its impressive top-line growth to the bottom-line?
-
News
Turnover soars at Casino in 2012
Casino’s turnover soared 22.1% to E41.97bn (£36.91bn) in its full-year 2012 compared with 2011. Net profit climbed 84.4% to E1.07bn (£941m) thanks to the consolidation of its grocery subsidiary GPA in Brazil.In France, the retailer recorded a slight decline in turnover of 0.8% at constant exchange rates excluding petrol, to ...
-
News
Zalando reports revenue increase
Online shoe and fashion retailer Zalando’s revenues increased 125% to E1.15bn (£1.01bn) in 2012.Preliminary EBIT loss widened to E90m (£79.2m) after a loss of E60m (£52.8m) in the previous period.The retailer said it broke even at EBIT level in Austria, Germany and Switzerland.
-
News
Department store group Karstadt publishes 2011 figures
Department store group Karstadt has - 14 months after the end of the reporting period - published its figures for the year from October 1, 2010 to September 30, 2011.The retailer reported that sales fell 3.2% to E3.23bn (£2.79bn), resulting in a net loss of E20.8m (£18m).
-
NewsCompany profile: Reiss
Loved by the Duchess of Cambridge, upmarket fashion retailer Reiss has benefited from a surge in sales driven by its royal clothes horse.
-
News
Walmart has 'worst sales start to a month in seven years'
Walmart has reportedly had the worst sales start to a month in seven years, according to a leaked internal email obtained by Bloomberg.The email, from the company’s vice-president of finance and logistics Jerry Murray, reported that month-to-date sales were “a total disaster”.Possible reasons for the poor performance from the retailer ...