All Financial results articles – Page 188
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AnalysisChristmas roundup: Entertainment - Book sales boost entertainment
The Works has reaffirmed its faith in physical books despite rising ebook sales.
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OpinionComment: Online retail can cause dilemmas for retailers
Digital retailing made Christmas for the industry, it seems.
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AnalysisChristmas roundup: Food - Convenience was King for shoppers
Convenience stores proved vital in grocery over Christmas as stretched shoppers rushed to local shops to raid remaining supplies before the big day.
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NewsDreams posts 7.2% like-for-like sales jump
Up-for-sale beds retailer Dreams has recorded a 7.2% rise in like-for-like sales over Christmas and New Year.
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News
Jumbo Supermarkten posts sales increase
Dutch grocery retailer Jumbo Supermarkten posted sales of E6.96bn (£5.66bn) for financial 2012. Turnover at Jumbo stores rose 31.7% to E3.23bn (£2.62bn.The rapid increase was mainly generated by its acquisition of competitor C1000, which raised the store count of its Jumbo-bannered shops from 263 to 309.Like-for-like sales growth was 2.7%. ...
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NewsH.Samuel and Ernest Jones Christmas sales fall
Like-for-like sales at jewelers H.Samuel and Ernest Jones fell over Christmas.
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NewsTopps Tiles like-for-likes rise 1.6% in first quarter
Topps Tiles has reported a 1.6% uplift in like-for-like sales in the first quarter as trading gathered pace in the run up to Christmas.
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AnalysisAnalysis: How can HMV heal its trading wounds?
Following HMV’s warning on covenants last week, Retail Week takes a look at seven areas the retailer needs to focus on to survive.
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OpinionComment: Top retailers deliver returns
So farewell then Comet, which went through its death throes this week and will never trade through another Christmas - at least not as a chain of stores.
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News
Inditex posts net sales increase
Fashion retailer Inditex has posted a net sales rise of 17% to E11.36bn (£9.23bn) for the nine months ended October 31.The addition of stores in emerging markets and the expansion of the online business boosted sales.Group net profit rose 27% to E1.66bn (£1.35bn), aided by new stores. The retailer opened ...
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News
Drugstore retailer CVS anticipates "solid enterprise growth"
Drugstore retailer CVS anticipates “solid enterprise growth” for the 2013 financial year, with net revenue growth increasing from 0.75% to 2%. Retail pharmacy net sales growth is expected to be in the 1.25% to 2.5% range, with like-for-like sales gains of 0.25% to 1.5%.
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NewsBlackwell's losses narrow despite falling sales
Blackwell’s narrowed its losses last year after disposing of its Dutch subsidiary Houtschild for €1m in June.
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NewsAnalysis: Overseas success for beauty retailer Lush
The beauty products retailer continues to build sales and narrow UK retail losses.
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AnalysisAnalysis: Tesco calls time on US venture Fresh & Easy
Tesco boss Philip Clarke has drawn the curtain on US business Fresh & Easy, part of his predecessor’s legacy.
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NewsLandmark Christmas as tablet and mobile orders surge
Tablet and mobile orders surge as shoppers turn to web for festive purchases
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OpinionComment: Christmas deadlock as shoppers wait for Sales
There was a certain thrill to watching Cyber Monday break all online trading records in the UK last week.
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NewsAsos’ UK business has ‘turned a corner’ as sales rocket 24%
Asos boss Nick Robertson said the fashion etailer has “turned a corner” in the UK after a focus on price drove a sales surge in its first quarter.
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News
Convenience store operator CP All reports record net profit
Convenience store operator CP All has reported a record net profit of Bt2.9bn (£58.9m) for the third quarter ended September 30, up 33% year on year, thanks to higher sales as a result of a promotional campaign.CP All aims to open about 500 new 7-Eleven convenience stores in Thailand next ...
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NewsBrightHouse sales up ahead of etail push
Weekly payment electricals and furniture retailer BrightHouse has recorded strong growth in its first half as it prepares to launch an ecommerce offering.
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AnalysisInternational analysis: Auchan agrees Real deal for central Europe growth
Last week, Metro Group revealed it had sold its Real hypermarket business in Poland, Romania, Russia and Ukraine – including real estate assets – to French grocer Auchan for e1.1bn (£893.4m).