Game’s market share boosted by Playstation 4 and Xbox One January 26, 2014 THE LAUNCH of Sony’s latest console, the PlayStation 4 (PS4) and Microsoft’s Xbox One at the end of last year has helped boost retailer Game’s share of the entertainment market, new research shows. Figures from Kantar Worldpanel released today show that Game claimed eight per cent of the market in the 12 weeks to 22 [...]
Record sales lift Poundland float prospects January 23, 2014 POUNDLAND has boasted record sales over the key Christmas trading period, further paving the way for a potential initial public offering (IPO), expected to take place within the coming months. The bargain chain, which plans to double its UK presence over the next decade, said new shop openings helped sales rise more than 12.4 per [...]
The Original Bowling Company scores perfect Christmas game January 7, 2014 BRITONS celebrated over the Christmas holidays by putting on their bowling shoes, according to the Original Bowling Company, which posted strong results over the festive period. The company, which runs 44 bowling centres known as AMF and Hollywood Bowl, said like-for-like sales in the five weeks to 5 January were up 8.4 per cent on [...]
Festive bakes see Greggs return to growth January 9, 2014 Away from the plight of the FTSE 100 supermarkets, high street baker Greggs has returned to growth. The group saw like-for-like sales increase by 2.6 per cent in the fourth quarter. The company benefitted from strong trading over Christmas and New Year, with sales over the festive period up by 3.1 per cent. Greggs saw [...]
Daggers armed for another stab at dodging drop July 30, 2013 Josh Richards previews the new League Two season, which starts on Saturday ROOKIE manager Wayne Burnett has added more firepower to his slim Dagenham & Redbridge squad this summer in the hope of defying the bookmakers and beating relegation from League Two. With Daggers favourites to lose their Football League status, 41-year-old Burnett, embarking on [...]
M&S Christmas trading blighted as clothes sales continue to fall January 9, 2014 No belated Christmas cheer for Marks and Spencer – the group's just reported that like-for-like sales in the 13 weeks to 28 December were down 2.1 per cent. The quarter, it said this morning, was a challenging one, and performance was below expectations. Sales in general merchandise, which includes clothes, fell for the tenth quarter [...]
Analyst Views: What did you make of Greene King’s trading update yesterday? January 13, 2014 DOUGLAS JACK | NUMIS SECURITIES Trading has strengthened slightly over the latest six weeks (to 5 January), with managed pub like-for-like sales increasing to 3.8 per cent from 3.5 per cent, aided by an improved trading backdrop. Total sales are up 8.2 per cent. We believe the risk to forecasts remains firmly on the upside. [...]
Coca Cola shows thirst for coffee as snaps up 10pc stake in firm February 5, 2014 COCA Cola is set to snap up a tenth of Green Mountain Coffee Roasters (GMCR) sending the firm’s shares soaring in after hours trading. The coffee company’s results for the three months to the end of December showed profits of $138.2m (£84.72m), an increase of 28 per cent from the same period last year. Net [...]
Get the bubbly on ice as Champagne Fever is primed for more Festival glory March 10, 2014 AFTER a quiet period of winning favourites in the Racing Post Arkle, the cream has certainly risen to the top in the last two years with the outstanding Sprinter Sacre and Simonsig claiming the prize. Nicky Henderson will be going for a third straight Arkle with Grandouet, but the seven-year-old hasn’t looked a natural over [...]
Festive retail jobs are on the rise December 3, 2013 RETAIL and construction employment are benefiting particularly from the boost to economic growth in recent quarters, with shops ramping up their hiring ahead of Christmas. Reed’s latest job index climbed by 28 per cent in the year to November, but the retail section has risen at almost twice the pace, with 49 per cent more [...]