Latest finance news – Page 581
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NewsPerfume Shop reports ‘outstanding’ Christmas
Perfume Shop, the specialist retailer controlled by global health and beauty giant AS Watson, increased UK and Ireland like-for-like sales by 8.5% over Christmas.
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NewsPets at Home posts 6.7% Christmas sales rise
Pets at Home, the specialist retailer considering a sale or float, has posted 6.7% like-for-like sales growth over Christmas.
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NewsDebenhams to refit stores in profit drive
Department store group Debenhams is to rev up store refits following the success of its Cardiff shop and give its brands a makeover as it focuses on profitability as well as sales.
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NewsB&M Bargains’ expanded store portfolio helps lift sales
Value variety store retailer B&M Bargains achieved strong like-for-like sales in the four weeks to December 26, which were up 9% on last year.
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NewsTraditional toys secure best ever sales for The Entertainer
Toys retailer The Entertainer is to steam ahead with expansion after recording its “strongest trading in the company’s history” in 2009.
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NewsBlue Inc helped to record year by young customers
Blue Inc has reported like-for-like sales up 7% in the three weeks to January 4, helping the young fashion chain to post a record year.
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NewsChristmas success for Dune and Office
Footwear retailers Dune and Office recorded strong sales over the Christmas period.
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NewsDunelm and Topps Tiles stay cautious despite sales jump
The homewares and home improvement market got a qualified vote of confidence as value homewares group Dunelm posted strong Christmas trading and flooring specialist Topps Tiles reported that its financial year had started well.
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NewsChristmas like-for-likes plummet at Game
Computer entertainment specialist Game reported a like-for-like sales slump of 17.5% in the UK and Ireland after disappointing Christmas trading.
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NewsInnovative product lifts Ted Baker’s festive sales
Ted Baker celebrated strong Christmas trading as retail sales rose 19.1% year on year between November 1 to December 24.
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NewsCity freezes out retail despite solid results
Despite many retailers delivering impressive Christmas performances, store stocks - other than the grocers’ - were in deep freeze in a flat market.
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NewsBrightHouse eyes South for portfolio growth
Rent-to-own electricals and furniture retailer BrightHouse is confident it can maintain growth in 2010 after reporting strong Christmas figures, with like-for-like sales up 9% in the 13 weeks to December 24.
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NewsPeacocks: value sector to thrive in 2010
Peacocks said the value sector will continue to “flourish” in 2010, after reporting solid Christmas trading and better than expected like-for-like sales in the new year.
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NewsAlexon like-for-like sales drop 14.3%
Alexon Group blamed poor weather on a like-for-like sales fall of 14.3% in the 23 weeks to January 9.
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NewsPrimark sales up 19%
Primark has reported sales 19% ahead of last year in its first quarter for the 16 weeks to January 2.
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NewsMoss Bros finance director to step down
Moss Bros group finance director Michael Hitchcock will step down from the formal menswear retailer, it said today.
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NewsHalfords profits to be at top end of forecasts
Motor accessories, cycling and leisure group Halfords will generate full-year profits at the upper end of forecasts ranging between £105m and £112m.
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NewsMothercare continues to grow after strong Christmas
Mothercare said that UK like-for-like sales in its third quarter to January 8 grew 4.2% after a strong Christmas.
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NewsThorntons like-for-likes fall but held margins
Thorntons has reported like-for-like sales fell 4.4% for the 14 weeks to January 9 but said it had benefitted from higher gross margins.
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NewsDSGi smashes Christmas expectations
DSG International has reported like-for-like sales up 8% in the 12 weeks to January 9 with a record-breaking Christmas in the UK in key categories.