All Financial results articles – Page 198
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OpinionThe pound stores look quids in for growth
The addition of industry veteran Andrew Higginson to the board of Poundland and Monday’s news that 99p Stores has posted an uplift in profits is further evidence of the maturing status of the single-price sector.
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OpinionComment: City cautious of Marks & Spencer appointments
The fall in Marks & Spencer’s share price following last week’s update and AGM shows that the retailer has some way to go to convince the City that it is on track.
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NewsPrimark lifted by German expansion
Value fashion retailer Primark’s expanding German business is ex-pected to drive “significant growth” after its most successful store opening ever in Berlin last week.
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News
Grocery giant Leclerc posts first half-year sales
Grocery giant Leclerc reported first half-year sales in its domestic market up 8.3% to j15.21bn (£11.93bn), excluding fuel.Total sales for the first half increased by 8.1% to j20.47bn (£16.06bn), including fuel. Company president Michel-Édouard Leclerc said the results showed a consolidation of its “low-price positioning, which is not only a ...
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AnalysisRetail Week on the Road: North East and Yorkshire
We visit Stockton-on-Tees, Middlesbrough, Doncaster, Harrogate and Leeds.
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NewsSales rise at Primark despite bad weather
Value fashion powerhouse Primark has posted a 16% sales surge despite bad weather leading to volatile trading.
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NewsAsos sales jump due to price cuts and rain
Asos UK sales have bounced back as the online fashion giant’s price cuts paid off and the wet weather drove people online.
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OpinionComment: Asos connects with success
The fortunes of online fashion group Asos were in stark contrast to those of Marks & Spencer over the same period.
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NewsBrightHouse bolsters team for online push
Rent-to-own electricals and furniture retailer BrightHouse has appointed a new marketing boss and is on the hunt for its first head of ecommerce as it ramps up its online offer.
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OpinionBostock exit opens way for fresh focus on style at M&S
After months of damaging speculation, Marks & Spencer has finally disclosed that general merchandise boss Kate Bostock is to leave the business.
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NewsThorntons in talks to reopen concessions in Clintons
Thorntons is negotiating with Clinton Cards’ new management to reopen concessions in the latter’s stores.
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NewsMarks & Spencer fashion chief Bostock stands down
Kate Bostock, Marks & Spencer’s clothing supremo, has sensationally stepped down “by mutual consent” with the retailer after clothing sales went into tailspin.
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NewsMaplin invests £40m to improve business
New chief executive John Cleland to drive ecommerce and boost store numbers by 50%.
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NewsApple Retail UK: Innovative products key to success
The secret of the company’s success lies in innovative products and good customer service.
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NewsGrocer Iceland puts service centre stage
Iceland managers are to present to the board this week the early findings of a big customer feedback programme designed to enable improved levels of service at the frozen food specialist.
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NewsSavers almost back in black after turnaround
Value health and beauty retailer Savers, sister company to Superdrug, is heading back into the black for the first time since 2005 as it concludes a four-year turnaround plan.
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OpinionBeating the wet weather
The strengths of department store group Debenhams’ strategy shone through in last week’s update.
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AnalysisTopps Tiles: What the analysts say
Topps Tiles defied the high street gloom to report a 2.1% increase in like-for-like sales in the 13 weeks to June 30.
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AnalysisN Brown: What the analysts say
N Brown surprised the market this morning with news that chief executive Alan White and chairman Lord Alliance will leave the home shopping group. The announcement coincided with the company reporting a 1.9% rise in like-for-like sales in the 17 weeks to June 30. Total sales increased 2.5%.
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AnalysisAnalysis: Fifty years of Walmart
Half a century ago today Sam Walton opened his first Walmart store in Rogers, Arkansas. George MacDonald examines how the company went on to change the global retail landscape.