All News articles – Page 1364
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NewsMaplin posts jump in like-for-likes for December
Maplin delivered a jump in like-for-likes of 1.4% for the Christmas period, as online sales soared 21%.
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NewsThorntons suffers poor Christmas performance
Thorntons failed to meet expectations as it endured a poor Christmas in the face of tough competition.
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NewsNew Look reports strong Christmas trading
New Look like-for-likes rose 3.6% in the 5 weeks to December 31 despite the “challenging” trading conditions.
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NewsHouse of Fraser posts "pleasing" 11.1% sales growth
House of Fraser has warned this year will continue to be challenging despite its Christmas like-for-likes soaring as the retailer reported a positive performance across all product categories.
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NewsHalfords like-for-likes drop 4.8% Q3
Car parts and cycle specialist Halfords like-for-likes dropped 4.8% in the third quarter after comparatively warm weather affected car maintenance sales.
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NewsPromotions stimulate Mothercare sales jump
Mothercare like-for-like sales surged 5% in December following extra promotions.
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NewsOcado enjoys late Christmas sales surge
Online grocer Ocado enjoyed a late surge in sales in the last week before Christmas, up 23.8% on the previous year.
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NewsJD festive like-for-likes rise
JD Sports Fashion’s like-for-like festive sales lifted 1.6% despite its fashion fascias suffering a dip in sales.
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NewsArgos like-for-likes plummet 8.8%
Argos like-for-like sales plummeted 8.8% for the 18 weeks to December 31.
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NewsTesco reports "disappointing" Christmas as like-for-likes fall 2.3%
Tesco has reported its worst Christmas sales performance in decades as UK like-for-likes excluding VAT and petrol declined 2.3%.
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Seven & I posts operating income increase
Retail group Seven & I posted results for the nine months to the end of November, with operating income up ¥216.2bn (£1.82bn) compared with ¥175.7bn (£1.48bn) the previous year. Revenue from operations was ¥3.54 trillion (£29.8bn), lower than the ¥3.8 trillion (£32bn) reported for the same period the previous year. ...
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NewsAsda’s pert start to the new year
Asda has the perfect solution for any ladies asking ‘does my bum look big in this?’ post-Christmas with its new bottom shaping tights.
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Aeon reports revenue increase
Japanese variety retailer Aeon has reported its financial results for the nine months ended November 30, 2011. Revenue rose to ¥3.75 trillion (£31.6bn) compared with ¥3.73 trillion (£31.4bn) reported for the same period the previous year. Net profit was ¥36.54bn (£307.7m), 25.6% lower than the ¥49.12bn (£413.7m) reported last year. ...
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Otto Group set to achieve strong revenues in Russia
German online and mail order retailer Otto Group expects to achieve revenues of about e500m (£412.5m) for the financial year to February 29, 2012, in Russia. Otto Group operates several mail order banners such as Bonprix, Quelle, Witt and Otto in the country. In the medium term, it expects to ...
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NewsChris Brook-Carter appointed to newly created role of Retail Week editor-in-chief
Chris Brook-Carter has been appointed to the newly created role of editor-in-chief of Retail Week and will lead content creation and development for the entire Retail Week brand.
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NewsIndian government approves single-brand FDI change
The Indian government has approved proposals to allow 100% Foreign Direct Investment (FDI) in single-brand retail.
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NewsHMV trims head office jobs
HMV has made a “handful” of redundancies at head office days after reporting a slump in sales over Christmas.
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NewsNew appointments as Phones 4u posts strong growth in fourth quarter
Following a strong finish to 2011, the UK’s leading mobile phone retailer Phones 4u has made three high-profile management appointments.
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NewsHawkins Bazaar deal expected next week
Administrators to troubled Hawkins Bazaar are expected to reveal whether it has struck a deal with interested parties by the beginning of next week after its parent company Tobar Group collapsed into administration last month.
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Rossmann posts sales growth
AS Watson-controlled German drugstore chain Rossmann has posted sales growth of 10.5% to e5.12bn (£4.22bn) in its operating countries for 2011. It confirmed its forecasts from December and said it expects turnover of e5.6bn (£4.62bn) in 2012. In Germany the retailer increased sales by 10% to e3.81bn (£3.14bn) and announced ...