Dixons wins Olympic boost from TV sales September 6, 2012 DIXONS Retail said this summer’s sporting events helped boost trading at its UK and Irish operations, as Europe’s second largest electricals retailer posted a five per cent rise in first quarter like-for-like sales. Chief executive Sebastian James said customers bought five times as many 55 inch TVs and treble the amount of Smart TVs than [...]
Ted Baker sales soar March 21, 2012 British designer clothing brand Ted Baker reported a surge in retail sales and said it planned more international store openings in North America and Asia in 2012 to tap into growing consumer demand. Ted Baker, which started as a menswear brand in Glasgow in 1987, reported a 14 per cent rise in retail sales, with [...]
PC sales take a hit as e-reader demand rises February 7, 2012 PC shipments to the UK dropped at an annual rate of 19.6 per cent in the fourth quarter of 2011, totalling 2.9m units and marking the UK’s fifth consecutive quarterly shipment decline according to Gartner data. Hit by the economy and growth in smartphones, tablets and e-readers, the Christmas period saw PC shipments slide further [...]
Euro fears and ex-divi stocks see FTSE slide after two days of gains April 18, 2012 BRITAIN’S leading share index dipped into negative territory yesterday, pulled down by a set of ex-dividend stocks, while fears of another blow-up in the Eurozone crisis kept investors nervy ahead of a Spanish debt auction. The FTSE 100 index closed down 21.66 points, or 0.4 per cent at 5,745.29, after two days of gains, as [...]
Occupy LSX protesters still noisy and abusive to clergy – St Paul’s January 31, 2012 PROTESTERS outside St Paul’s continue to abuse clergy and disrupt services, cathedral officials said yesterday. The presence of the Occupy LSX camp also triggered a drop in worshippers over the Christmas period, St Paul’s registrar Nicholas Cottam said in a letter to the City of London, despite activists’ repeated claims to be “working with” the [...]
Tesco keeps on losing share to cut price rivals February 29, 2012 LEADING supermarket Tesco failed to increase sales as quickly as its rivals in the last 12 weeks, data out yesterday showed, while leaked documents showed the Co-op is well behind its sales targets already this year. Tesco’s sales rose 2.5 per cent in the 12-week period ending 19 February, compared with the same period last [...]
Thorntons profits tumble February 15, 2012 CHOCOLATIER Thorntons posted a lower first-half profit as it needed to discount heavily and spent more on promotional lines to attract cash-strapped consumers to its stores, and the company waived its interim dividend. The Derbyshire-based company, which has been closing some shops, said sales in its own stores declined in the first half by 7.9 [...]
Supergroup posts robust sales growth January 11, 2012 SUPERGROUP, the company behind Superdry fashion label, has reported robust trading during the Christmas period as it held off from discounting its clothing and put warehousing problems firmly behind it. The group, which has expanded to 70 stores in the UK including a new store opening on Regent Street, said like-for-like sales increased by 5.8 [...]
Majestic toasts sparkling profits January 10, 2012 Majestic Wine raised its glass to a 20 per cent rise in half-year profits yesterday, helped by its shift to a six-bottle minimum in-store purchase and the return to fashion of sparkling wine. The company, which runs 160 UK stores, said it enjoyed a strong performance over the Christmas period, with like-for-like sales in the [...]
Majestic toasts sparkling profits January 10, 2012 Majestic Wine raised its glass to a 20 per cent rise in half-year profits yesterday, helped by its shift to a six-bottle minimum in-store purchase and the return to fashion of sparkling wine. The company, which runs 160 UK stores, said it enjoyed a strong performance over the Christmas period, with like-for-like sales in the [...]