Ted Baker’s autumn range is a hit as it continues overseas push November 14, 2013 TED BAKER shares surged over five per cent yesterday after the fashion retailer revealed that group sales leapt by 24.4 per cent to £77m in the third quarter of the year. The company said all channels were flourishing, with retail sales up 19.8 per cent to £58.1m in the 13 weeks to 9 November, driven [...]
Cold snap helps sales warm up at John Lewis November 11, 2013 JOHN LEWIS’ sales jumped seven per cent last week, boosted by the colder weather, which prompted consumers to stock up on warm clothing. The retailer yesterday posted sales of £91m in the week to 9 November, with online sales up by almost a quarter (23.1 per cent), compared with the same time last year. However [...]
Fitness Expert: Christmas and New Year is an exercise in damage limitation: but it’s not an excuse to quit December 2, 2013 AS THE holiday season approaches, the chances are very high that a vast number of calories will be passing your lips in the days and weeks to come. Although estimates vary, some people put on about five pounds over Christmas, with up to 6,000 calories consumed on Christmas Day alone. When you include New Year’s [...]
Family finances show signs of stabilising: Asda November 17, 2013 FAMILY finances are beginning to show signs of stabilisation after months of wild fluctuations, according to Asda’s latest Income Tracker. The grocery chain’s Income Tracker monitors the changes in the amount of disposable income the average UK family has to spend. Households are no better off than they were last year, but their finances are [...]
Barnes & Noble’s Nook has weaker Christmas period January 3, 2013 US book retailer Barnes & Noble saw its fledgling Nook ereader unit falter over the Christmas season, as it sold fewer devices than in the same period last year, and saw growth in sales of digital books and magazines fall. The company, which launched its range of ereaders and tablets in the UK in time [...]
Sony hits sales record for new games console November 17, 2013 SONY racked up more than 1m PlayStation 4 (PS4) sales in just 24 hours following its US and Canadian launch on Friday. The fast-selling console puts Sony on track to hit its target of 3m sales by the end of the financial year, and 5m PlayStation 4’s sold by March. “Sales remain very strong in [...]
UK retail sales disappoint in October but retailers say it’s just a blip October 28, 2013 High street sales disappointed in October as the CBI distributive trades survey number comes in at 2 – the lowest number since June – missing expectations it'd fall slightly to 33 from last month's 34. Sales were flat in the year to October, too, dashing hopes of another solid rise. Robust growth is expected to return next [...]
What the other papers say this morning – 13 December 2013 December 12, 2013 FINANCIAL TIMES Bitcoin start-up fundraises $25m A Silicon Valley company that allows speculators and merchants to trade Bitcoin has raised $25m (£15.3m) in venture capital funding in the largest investment so far in a virtual currency business. As a result of the deal, San Francisco-based Coinbase will have two of the most prominent venture capitalists [...]
Diet Expert: Manage your calorie intake over Christmas for an easy start to 2014 December 2, 2013 THE 5:2 diet is the perfect approach to survive the Christmas festivities and not end up spending next January trying to lose that extra weight you gained in December. As a dietician, obviously I can’t condone excessive eating or binge drinking, but indulging at Christmas is one of life’s great pleasures and a well earned [...]
Asda returns to sales growth as price cuts kick in May 15, 2014 SUPERMARKET giant Asda said yesterday it had returned to underlying sales growth in its first quarter as price-cuts started to attract thrifty shoppers. Asda, which trails market leader Tesco by annual sales and is vying with Sainsbury’s to be the UK’s no2 grocer, said like-for-like sales rose 0.1 per cent in the 15 weeks to [...]