Home Retail sales enjoy a sunshine lift June 11, 2009 HOME Retail Group yesterday brought some cheer to the market after its Homebase chain reported its first positive sales figures in two years. The DIY chain yesterday posted a 3.8 per cent increase in like-for-like sales for the 13 weeks to 30 May, beating market expectations. Homebase said total sales, which include those from new [...]
Home Retail sales enjoy a sunshine lift June 11, 2009 HOME Retail Group yesterday brought some cheer to the market after its Homebase chain reported its first positive sales figures in two years. The DIY chain yesterday posted a 3.8 per cent increase in like-for-like sales for the 13 weeks to 30 May, beating market expectations. Homebase said total sales, which include those from new [...]
Profits sizzle at B&Q as barbecue sales rocket June 2, 2009 WARM barbecue weather boosted sales at DIY chain B&Q in the first quarter, helping parent group Kingfisher report a 40 per cent jump in profits yesterday. The retailer said that profits in the 13 weeks to May 2 were £128m, smashing analyst expectations, which were around £34m lower. Chief executive Ian Cheshire said the group [...]
Profits sizzle at B&Q as barbecue sales rocket June 2, 2009 WARM barbecue weather boosted sales at DIY chain B&Q in the first quarter, helping parent group Kingfisher report a 40 per cent jump in profits yesterday. The retailer said that profits in the 13 weeks to May 2 were £128m, smashing analyst expectations, which were around £34m lower. Chief executive Ian Cheshire said the group [...]
BEST OF THE BROKERS May 25, 2009 LLOYDS BANKING GROUPExane BNP Paribas upgrades Lloyds Banking Group to “neutral”, saying the shares have fallen too far in reaction to the threat that the European Commission could force it to exit core businesses. But continues to believes the outlook for 2009-10 is “dire” and warns that the impact of higher liquidity and capital ratios [...]
GUS gloomy over retail sales October 13, 2005 Retail conglomerate GUS, which owns Argos and Homebase, yesterday predicted the retail sectors it serves would remain in negative like-for-like sales territory until at least September 2006. “We are planning on the assumption that like-for-like sales will remain in decline for the market as a whole for the next 12 months,” said finance director David [...]