Latest finance news – Page 582
-
NewsWaterstone’s boss exits after sales plunge
Entertainment group HMV has parted company with Gerry Johnson, managing director of its Waterstone’s books chain which suffered poor Christmas sales.
-
NewsHome Retail Group profits to beat expectations
Argos owner Home Retail Group expects full-year profit to come in £20m ahead of City forecasts at £285m after Christmas trading exceeded management expectations.
-
NewsFlying Brands expects to beat profit expectations
Home shopping group Flying Brands said that it expected to beat market expectations for full-year profit, aided by cost cuts and the relocation of its distribution base.
-
NewsStrong sales continue at N Brown
Home shopping group N Brown has continued to grow sales with like-for-likes ahead 3.6% in the 19 weeks to January 9.
-
NewsChristmas sales soar at Matalan
Value fashion and homewares group Matalan has hailed an “impressive” Christmas performance and expects continued growth.
-
NewsSignet UK sales decline slows
Anglo-American jewellery retailer Signet has reported like-for-like sales for its UK operations down 0.8% in the nine weeks to January 2, and 2.2% down on the 48 weeks to the same date.
-
NewsLondon's West End sales up 5.6% in December
Retail sales in London’s West End were up 5.6% in December, with some West End retailers reporting double digit increases, according to The New West End Company.
-
NewsDebenhams Christmas like-for-likes up 0.1%
Debenhams has reported like-for-like sales up 0.1% for the 18 weeks to January 2 and warned that the economic environment remains uncertain.
-
NewsTopps Tiles signals return of consumer confidence after strong first quarter
Topps Tiles said that its current financial year has started well with like-for-like sales in the UK up 5.5% in the 14 weeks to January 3.
-
NewsDunelm cautious despite strong first half
Value homewares group Dunelm has posted strong Christmas trading but warned of toughening conditions to come.
-
NewsGame like-for-likes slump after disappointing Christmas
Game Group has reported UK and Ireland like-for-like sales slumped by 17.5% after a disappointing Christmas performance.
-
NewsRetail sales growth in December hits a four year high
UK retail sales growth in December grew 4.2% on a like-for-like basis, making it the best December retailers have experienced in four years.
-
NewsTesco reports stongest Christmas for three years
Tesco has reported its strongest Christmas for three years with its Double Clubcard promotions providing a huge boost to sales.
-
NewsIdeal Shopping returns to profit as sales continue to improve
TV shopping group Ideal Shopping Direct has said it will return to profitability after a strong second half.
-
NewsHamleys toasts Christmas cheer
Toy retailer Hamleys has reported record Christmas trading, with like-for-like sales up 11.6% in the six week period to January 2, 2010 compared with the same period the previous year.
-
NewsSales at Dune soar to beat management expectations
Footwear retailer the Dune Group, which comprises the Dune chain and the former Shoe Studio Group fascias, recorded a 17.4% rise in like-for-like sales over the Christmas period.
-
NewsJacques Vert pre-tax profits double but warns of difficult trading for remainder of year
Fashion retailer Jacques Vert has reported pre-tax profits more than doubled for the 26 weeks to October 24, but warned of challenges for the remainder of the year.
-
NewsPoundland festive like-for-likes up 4.4%
Poundland has reported shoppers’ continued flight to value over Christmas with like-for-like sales from the five weeks to January 3 up 4.4%.
-
NewsStrong Christmas brings cheer to House of Fraser
House of Fraser said like-for-like sales over the eight weeks to January 2 rose 7.1%.
-
NewsCo-op reports Christmas like-for-likes up 5%
The Co-operative Group has reported a strong Christmas, with like-for-like sales up 5% including VAT and excluding fuel in the three weeks to January 2.