THE TIPSTER September 18, 2011 DEPARTMENT store Debenhams is releasing a trading statement tomorrow. Traders are finding it tough to be optimistic after poor August UK retail sales and consumer confidence figures. Rival John Lewis released its latest figures and found the first half of the year tricky. Capital Spreads quotes 60.7p-61.1p. Alliance Trust has been in the press lately [...]
Debenhams profits ahead of forecasts September 20, 2011 Debenhams forecast year profit ahead of analysts’ average forecasts after it cut prices to grow market share in a tough trading environment. “Whilst the group gross margin rate for the year (to 3 September) will be flat to slightly down versus last year, headline profit before tax for the 53 week financial year is expected [...]
John Lewis sales jump ahead of VAT hike January 14, 2011 Sales at department store chain John Lewis rocketed last week as shoppers rushed to buy furniture and electrical goods ahead of an increase in VAT sales tax. John Lewis, which also runs grocery chain Waitrose, said it also benefited from an extra day of holiday compared with the same week the year before, and from [...]
John Lewis sales jump ahead of VAT hike January 14, 2011 Sales at department store chain John Lewis rocketed last week as shoppers rushed to buy furniture and electrical goods ahead of an increase in VAT sales tax. John Lewis, which also runs grocery chain Waitrose, said it also benefited from an extra day of holiday compared with the same week the year before, and from [...]
Sales at Walker Greenbank jump August 3, 2011 INTERIOR furnishings firm Walker Greenbank said it had performed well during the last six months and is currently trading ahead of company forecasts. The group, which makes homeware under brand names such as Morris & Co and Harlequin’s Momentum for the likes of John Lewis, said turnover increased 11 per cent in the six months ended [...]
John Lewis boosted by Christmas sales surge January 5, 2011 JOHN Lewis Partnership reported bumper Christmas sales, despite the snowy conditions that robbed other retailers of a seasonal boost. Sales at its John Lewis department stores in the five weeks to 1 January were £545m, up 8.9 per cent from a year before. The strong performance was driven by its electrical and home technology department, [...]
Retail sales fall less than expected September 15, 2011 Retail sales fell slightly less than expected in August, but the underlying trend remained flat, as consumers continued to rein in spending at a time of great economic uncertainty, official data showed. The Office for National Statistics said sales volumes including automotive fuel fell 0.2 per cent last month, slightly better than forecasts for a [...]
Taking soundbars into orbit August 24, 2011 IT looks like the looming black monolith from 2001, A Space Odyssey, but the speaker system on the left is a deft spatial stereo gizmo constructed by another plucky British company, the sci fi-sounding Orbitsound. Announced this week and coming into shops next month, the soundbar (which has the not-exactly-charismatic title of T12v3) is able [...]
John Lewis sales up in Christmas run-in December 23, 2010 John Lewis sales were up 4.3 per cent from Sunday to Wednesday compared with the same period last year – with jewellery and watches helping to fuel the rise. The retailer has been giving regular trading updates which have been used as barometer for the performance of the sector. In beauty products Molton Brown’s “A [...]
John Lewis sales up in Christmas run-in December 23, 2010 John Lewis sales were up 4.3 per cent from Sunday to Wednesday compared with the same period last year – with jewellery and watches helping to fuel the rise. The retailer has been giving regular trading updates which have been used as barometer for the performance of the sector. In beauty products Molton Brown’s “A [...]