Bellway upbeat as home sales and orders rise June 10, 2011 House developer Bellway has posted a better than expected view of its market, describing its spring selling as “healthy”. Its average home unit sales rate was 111 properties per week in the four months to the end of May, up nine per cent on the same period in 2010. Average selling prices were up four [...]
Slow May sales hit US retail firms June 2, 2011 PICKY shoppers going to fewer stores have hurt big US retailers in May, patchy sales figures from Gap, Target and Costco showed yesterday. Gap, the high street clothing chain, reported a four per cent slip in comparable sales in May, down from a one per cent increase in the same month a year earlier. However, [...]
Preparing for flawless execution: BT takes on the Olympic challenge December 20, 2011 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 219 DAYS TO GO Gavin Patterson, BT Retail chief executive, explains why his firm is the communication partner at the Games Q. WHAT WAS YOUR BRAND’S PRIMARY REASON FOR BEING INVOLVED WITH THE GAMES? A. We went through a rigorous exercise where we looked at what impact it [...]
Preparing for flawless execution: BT takes on the Olympic challenge December 20, 2011 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 219 DAYS TO GO Gavin Patterson, BT Retail chief executive, explains why his firm is the communication partner at the Games Q. WHAT WAS YOUR BRAND’S PRIMARY REASON FOR BEING INVOLVED WITH THE GAMES? A. We went through a rigorous exercise where we looked at what impact it [...]
Consumer confidence falls again July 29, 2010 Consumer confidence fell for the fifth successive month in July, according to the latest barometer from GfK NOP published today. The overall consumer confidence index dropped three points to -22 with falls in consumers’ expectations for their personal finances over the next year, the current general economic situation and the economy over the next 12 [...]
Trinity Mirror hit by ad revenue fall May 12, 2011 Trinity Mirror suffered a 10 per cent drop in advertising sales during the first four months of the year, as the newspaper publisher was hampered by difficult trading conditions. The media group, which recently completed the acquisition of Guardian Media Group’s regional titles, said the trading environment remained challenging due to the fragile economy, public [...]
Trinity Mirror hit by ad revenue fall May 12, 2011 Trinity Mirror suffered a 10 per cent drop in advertising sales during the first four months of the year, as the newspaper publisher was hampered by difficult trading conditions. The media group, which recently completed the acquisition of Guardian Media Group’s regional titles, said the trading environment remained challenging due to the fragile economy, public [...]
Mothercare battles with poor UK sales November 17, 2011 MOTHERCARE chairman Alan Parker marked his first 100 days in office by announcing an overhaul of the baby products retailer after it revealed an £81.4m half-year loss. Shares in the FTSE 250 firm plummeted by 17.87 per cent yesterday to 127.3p after the group posted an underlying pre-tax loss, before exceptional costs, of £4.4m for [...]
Output of UK factories hit by euro woes October 26, 2011 MANUFACTURING has been hit by the Eurozone crisis, and output may decline this quarter according to the Confederation of British Industry’s (CBI) quarterly trends survey. Business optimism has fallen for the second consecutive quarter. The net balance of firms feeling more optimistic than they were three months ago fell to minus 30 per cent from [...]
Consumers expect a slight interest rate rise May 17, 2011 THE UK Consumer Prices index (CPI) annual rate of inflation rose to 4.5 per cent in April, up from four per cent in March and is now at its highest level since October 2008. This will increase the pressure on the Monetary Policy Committee to raise interest rates and a look at the YouGov SixthSense [...]