All Financial results articles – Page 216
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NewsNegative food volumes worry for Supermarkets
Grocers face negative like-for-like food volumes for the remainder of the year after a torrid first half when the only uptick came in April with the royal wedding and Easter.
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NewsFocus closing down Sale knocks B&Q performance
Sales at DIY giant Kingfisher’s flagship UK division slumped in the second quarter, affected partly by the closing down Sale of rival Focus, but the retailer expects to end the year in “excellent shape”.
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NewsMatalan posts quarterly sales fall
Value fashion group Matalan has posted a quarterly sales decline and warned that trading conditions remain tough, despite an uptick in July.
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NewsUnited Carpets posts level profits
United Carpets aims to increase its market share in core categories after holding profitability last year.
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NewsBlacks increases borrowing after sales fall
Outdoor clothing and equipment specialist Blacks Leisure has extended its borrowing facilities and aims to refinance following a sales fall.
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OpinionM&S in good shape, but tougher times lie ahead
If he didn’t know already, this is the week when Marc Bolland will have discovered what running Marks & Spencer is all about.
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NewsGeneral retail cheer despite torrid trading
As the general market slid on renewed Eurozone crisis fears, retailers outperformed, although they were still down in the week leading up to Wednesday’s raft of updates.
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NewsReturn to sales growth puts Dunelm on course
Value homewares retailer Dunelm expects full year profit to be in line with expectations after revealing like-for-like growth improved in the fourth quarter.
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NewsRetailers unprepared for Olympic windfall
Half of UK retailers have admitted they are unprepared for the impact that the Olympic Games will have on their businesses, but a third expect a sales boost from it.
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NewsAsos sales soar 69% in its first quarter
Online fashion giant Asos retail sales grew 69% in its first quarter.
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NewsTough conditions take toll on Mothercare UK sales
Maternity specialist Mothercare has reported continued difficult trading in the UK but said measures to adapt to tough conditions here will bear fruit.
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NewsSuperGroup full-year profits more than double
Profits at SuperGroup, owner of the Superdry brand, more than doubled last year and the fashion retailer expects success to continue.
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NewsThorntons like-for-likes fall 10.6%
Thorntons has reported a like-for-like sales decline of 10.6% in its own stores in the eight weeks to June 25.
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NewsMarks & Spencer makes market share gains as sales rise
Marks & Spencer has posted a total sales rise of 3.2% in its first quarter, when it reported market share gains in fashion and food.
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NewsWaitrose boss says that impact of food inflation is being overstated
Waitrose managing director Mark Price has criticised figures released this week claiming that food price inflation soared in June
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NewsSales and market share rise at Dunelm
Value homewares group Dunelm has posted a sales increase and claimed greater market share.
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NewsSales improve at N Brown
Home shopping group N Brown has reported an improving sales trend but has sacrificed some margin to prompt shoppers to spend.
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NewsHMV chiefs outline new vision after awful year
HMV chiefs have reaffirmed their faith in the retailer after a terrible year, and set an operating margin target of between 3% and 4%.
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NewsDebenhams beats high street blues with like-for-likes rise
Department store group Debenhams has confounded harsh high street conditions and expects full year profits to meet expectations.
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NewsDFS beats harsh trading conditions to post profits rise
Sofas specialist DFS has bucked the dismal furniture market trend to post a rise in EBITDA and flat sales in its most recent nine months’ trading.