Hornby sales slide – but Christmas trading starts well December 8, 2015 Not a great start to the Christmas period for toy manufacturer Hornby, as it unveiled sliding sales and bigger loss. But it has a cunning plan… The figures Group sales fell to £22.3m in the six months to the end of September, down from £24.2m during the same period last year. Meanwhile, statutory losses rose from £500,000 last year to £4.5m. But [...]
Card Factory’s share price slides after reporting slower sales growth November 12, 2015 Card Factory's share price was trading down after reporting sales growth of 7.9 per cent for the nine months to the end of October, down from the 8.7 per cent growth reported in the same period last year. The greetings card chain was trading 1.11 per cent down at 359.65p in early afternoon trading on the [...]
The Mog effect? Sainsbury’s share price climbs as grocer outperforms Tesco, Asda and Morrisons as Kantar supermarket figures December 15, 2015 Could it be the Mog effect? Sainsbury's has beaten Tesco, Asda and Morrisons to become the best performing supermarket among the Big Four. In fact, Kantar Worldpanel figures show that Sainsbury's was the only grocer among the top spots to post a growth in sales for the 12 weeks to 6 December, up 1.2 per cent. Tesco and Asda had [...]
Primark owner Associated British Foods warns Brexit-related currency volatility could hurt profit margins in the new year September 12, 2016 Primark owner Associated British Foods (ABF) has been feeling the benefits of post-Brexit currency volatility since June – but warned that it may start to see a negative impact in the new financial year. Shares in the company have dropped by 10.68 per cent so far today. [stockChart code="ABF" date="2016-09-12 15:25"] The company said [...]
Shop prices drop for 30th month in a row as competition heats up ahead of Christmas November 4, 2015 UK shop prices fell in October for the 30th month in a row, dragged down by low commodity prices and fierce competition among retailers ahead of the crucial Christmas period. Prices fell by 1.8 per cent on the year, figures for the British Retail Consortium (BRC) and Nielsen show, which was a slight slowdown on [...]
Amazon and Argos deals are winning UK Black Friday 2015 and Christmas online shopping race November 3, 2015 It looks like Father Christmas is planning to do most of his shopping at Amazon and Argos this year after an analysis of Google’s most popular Christmas search terms showed that the two retail giants have taken the greatest share of visits over the last three months. Linkdex has crunched data on 7,000 Christmas-related keyword [...]
Arsene Wenger feud is all in the past, says Sunderland boss Sam Allardyce December 3, 2015 Sunderland boss Sam Allardyce has insisted that his feud with Arsenal counterpart Arsene Wenger is consigned to history as the pair prepare to reignite their Premier League duel at Emirates Stadium tomorrow. Allardyce and Wenger endured a combustible relationship when the former was manager of Bolton between 1999 and 2007, a team which the Frenchman [...]
Lower costs and Christmas cheer up Wilko as sales swell to £1.46bn June 29, 2016 Hardware and household goods retailer Wilko has reported sales through to end of January of £1.46bn, up 1.4 per cent on the previous year. The privately-owned company recorded an operating profit of £23.6m, up from £2.9m the previous year after paying an outstanding loan of £22m six years ahead of schedule. Wilko finished the year [...]
Facebook and trend for fewer but bigger nights out lift profits at Revolution Bars Group October 4, 2016 A large Facebook following and people opting for fewer but bigger nights out have revolutionised profits at Revolution Bars Group over the last year. The figures Revenue at the premium bar firm, which operates the Revolution and Revolucion de Cuba brands, was up 6.9 per cent to £119.5m in the year ended 30 June. Like-for-like [...]
Christmas adverts 2015 UK: John Lewis’ Man on the Moon faces stiff competition as Sainsbury’s hopes its Mog the Cat is not just for Christmas November 25, 2015 In the race for the most memorable TV ad campaign, it has been cat versus the man on the moon. John Lewis’ Christmas advert, usually a hands-down winner, has faced stiff competition this year from children’s favourite, Mog the Cat, the star of Sainsbury’s effort. Last year, Sainsbury’s advert was set in the First World War [...]