Dunelm hit by tough Xmas January 11, 2011 HOMEWARE retailer Dunelm said it was cautious about the second half of the year due to the impact of tax rises and higher cotton prices, following a tough Christmas. Dunelm, which sells products like curtains, bedding, blinds, rugs and lighting, announced yesterday that like-for-like sales fell 1.2 per cent in the 26 weeks to 1 [...]
Debenhams: our market share is up January 10, 2011 DEBENHAMS claimed it was winning market share from rivals as it posted a small rise in sales over the key Christmas trading period that was affected by December’s snow. Sales at stores open more than a year increased 0.3 per cent including VAT sales tax in the 19 weeks to 8 January. Chief executive Rob [...]
Next update set to show snow losses January 3, 2011 SEVERAL consumer bellwethers are due to reveal Christmas trading figures this week, with Next, Domino’s Pizza and Clinton Cards kicking off the first reporting season of the year. Clothing retailer Next is due to reveal in a trading update on Wednesday how snow disruption and consumer spending pressures have affected sales over the 24 weeks [...]
Next update set to show snow losses January 3, 2011 SEVERAL consumer bellwethers are due to reveal Christmas trading figures this week, with Next, Domino’s Pizza and Clinton Cards kicking off the first reporting season of the year. Clothing retailer Next is due to reveal in a trading update on Wednesday how snow disruption and consumer spending pressures have affected sales over the 24 weeks [...]
Tesco and Sainsbury’s boost UK market share January 9, 2011 THREE of the UK’s big four supermarket chains are reporting Christmas figures this week, with analysts expecting Tesco and J Sainsbury to have boosted their market share. Research company Kantar suggests that Sainsbury’s advanced its share of the British grocery market by 0.3 per cent to 16.4 per cent while Tesco saw a lift of [...]
Profits surge at Starbucks January 26, 2011 COFFEE giant Starbucks posted a 35 per cent rise in operating income yesterday, which nevertheless fell short of analyst forecasts for the full-year as the rising cost of coffee continued to dent margins. The world’s largest coffee chain has seen wholesale coffee prices increase by nearly three-quarters since last summer – due to poor weather, [...]
Profits surge at Starbucks January 26, 2011 COFFEE giant Starbucks posted a 35 per cent rise in operating income yesterday, which nevertheless fell short of analyst forecasts for the full-year as the rising cost of coffee continued to dent margins. The world’s largest coffee chain has seen wholesale coffee prices increase by nearly three-quarters since last summer – due to poor weather, [...]
AB Foods set to hike prices as costs surge January 20, 2011 AB Foods warned yesterday that the spiralling price of wheat, cotton, and other commodities means that shoppers could face price hikes on basic shopping basket goods. The firm, which has brands including twinings Tea, Kingsmill bread and Silver Spoon sugar, said customers had already seen some rises and more were looming. Cost increases have also [...]
Blacks Leisure boosted by festive sales January 4, 2011 Blacks Leisure said it had been boosted by sales over the festive period with total sales in its outdoor business up 12.9 per cent in December. Like-for-like sales were up by 10.2 per cent. Blacks confirmed that it is still in talks with parties – which it has not named – about a possible takeover [...]
Blacks Leisure boosted by festive sales January 4, 2011 Blacks Leisure said it had been boosted by sales over the festive period with total sales in its outdoor business up 12.9 per cent in December. Like-for-like sales were up by 10.2 per cent. Blacks confirmed that it is still in talks with parties – which it has not named – about a possible takeover [...]