All Financial results articles – Page 187
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NewsHome Retail raises profit forecast after strong Christmas at Argos
General merchandise giant Argos generated a like-for-like sales rise of 2.7% over Christmas, and parent Home Retail Group has raised its full-year profit expectations.
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OpinionComment: A crucial six months for Marks & Spencer's Marc Bolland
Marks & Spencer’s styles were not in fashion over the crucial Christmas period, and that means chief executive Marc Bolland is under growing pressure to make improvements.
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News
Fast Retailing report net profit increase
Fast Retailing’s net profit rose 23% in its first quarter.For the September to November period, net profit increased to ¥38.4bn (£268.2m) from ¥31.15bn (£217.5m).Sales rose 17% on last year to ¥318.14bn (£2.22bn) and domestic sales increased 8% to ¥204.7bn (£1.43bn).The retailer’s sales from Uniqlo overseas rose 51.1% to ¥64.5bn (£450.4m) ...
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Sales increase at Walmart-controlled Massmart
Walmart-controlled Massmart’s preliminary sales increased 14.6% to R36.1bn (£2.57bn) in the first half to December 23, 2012. Like-for-like sales increased 7.3%.
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NewsGrocery volumes bounce back as supermarkets increase ad spend
Grocery revenue by volume bounced back into growth in the four weeks to January 5 as supermarkets upped their advertising spend over the Christmas period.
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Magnit reports unaudited financial results
Magnit has reported unaudited financial results. Consolidated net retail revenue increased to RUB448.49bn (£9.23bn) for the financial year 2012, up 33.6% on the previous year.Like-for-like sales grew by 8.5%, driven by 7.8% growth in basket size and a 0.6% increase in footfall.In contrast with 2011, hypermarkets outperformed supermarkets and convenience ...
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Spar reports net sales increase
Spar has reported a 3.8% net sales increase for the year to December 31, 2012 to CHF1.04bn (£705.4m).Net sales for the 170 Spar, Eurospar and Spar Express stores increased by 2.3% to CHF567m (£384.6m), despite prices being lowered by 1.2%.This year the retailer will open five new Spar supermarkets.
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Jerónimo Martins reports preliminary sales growth
Jerónimo Martins has reported preliminary sales growth of 11.5% to E10.9bn (£9.06bn) for the full year to December 31, 2012.Like-for-like sales increased ahead of the market, despite a difficult year in Portugal and a slowdown in the Polish economy.In Poland, Jerónimo Martins-owned Biedronka posted sales growth of 18% in local ...
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OpinionComment: Morrisons puts focus on quality and service
Morrisons’ festive trading figures were a bit gloomy. The grocer suffered a limp end to 2012 amid heightened competition from all flanks.
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NewsHobbs posts 16% Christmas sales rise
Hobbs has reported a strong Christmas with total sales up 16.4% over the festive period.
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NewsTheo Paphitis's retail group delivers strong Christmas performance
Sales across Dragons’ Den entrepreneur Theo Paphitis’s retail group surged over Christmas and recently acquired Robert Dyas reported 14.7% like-for-like growth.
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NewsMoss Bros improves profit expectations after robust Christmas
Moss Bros has reported a 2.7% increase in like-for-like sales in the first half and forecast its full-year performance will exceed expectations after a strong Christmas.
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NewsLK Bennett sales boosted by online and US trade
Luxury fashion retailer LK Bennett has reported a 15% increase in turnover last year as growth in the US and online drove sales.
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OpinionComment: M&S - the curious incident of the results in the night-time
The extraordinary mid-evening conference call on Wednesday night, when Marks & Spencer pulled forward its Christmas trading statement, has prompted speculation aplenty.
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NewsSurge in use of multichannel services at Christmas
Christmas demand soars for retail’s multichannel services such as click-and-collect and speedy delivery as consumers increasingly take advantage of the different ways to shop.
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AnalysisAnalysis: Lucy Neville-Rolfe says farewell to Tesco
As she retires from a 15-year career at Tesco coinciding with phenomenal growth, executive director Lucy Neville-Rolfe tells Alex Lawson about her career with the top retailer.
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NewsHealthy start to Boxing Day and January Sales for big-ticket retailers
Home and furniture groups report steady performance of Sales despite the impact of fewer shopping days because of the way the bank holidays fell during the Christmas period.
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OpinionComment: Christmas trends point to retail’s ‘new normal’
Christmas was neither cause for celebration, nor the disaster some had feared.
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AnalysisChristmas roundup: Toys - The Entertainer targets growth after record sales
The Entertainer achieved a record Christmas. Like-for-likes rose 9.5% in the five weeks to December 29, as it pushes the button on international expansion plans.
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AnalysisChristmas roundup: Fashion - Stock kept tight to avoid discounting
Fashion retailers have reported a strong Christmas but remain cautious about the year ahead.