Carpetright shares surge as it rolls out the first positive results for two years August 5, 2009 CARPETRIGHT shares rocketed yesterday after it surprised investors by reporting rising sales for the first quarter of this year. The UK’s biggest carpet retailer yesterday closed up 14 per cent to 757p after announcing like-for-like sales had increased by 1.4 percent in the 13 weeks to 1 August, the first rise since the fourth quarter [...]
Primark sales surge thanks to boom in budget fashions January 14, 2010 PRIMARK owner Associated British Foods (ABF) revealed healthy trading figures yesterday – mainly thanks to the budget fashion arm. Primark’s 196-strong chain saw sales rise 19 per cent in the 16 weeks to 2 January, with house broker Panmure Gordon estimating a seven per cent like-for-like sales rise as consumers made their way to its [...]
Topps on track in spite of continuing sales plunge August 5, 2009 TILE and wood flooring group Topps Tiles said yesterday it is on track to meet full-year expectations, despite sales continuing to plunge over the past four months. Topps, which has reduced its total number of stores by five per cent since the start of the financial year, said revenue for the 18 weeks to 1 [...]
Topps on track in spite of continuing sales plunge August 5, 2009 TILE and wood flooring group Topps Tiles said yesterday it is on track to meet full-year expectations, despite sales continuing to plunge over the past four months. Topps, which has reduced its total number of stores by five per cent since the start of the financial year, said revenue for the 18 weeks to 1 [...]
Banks boost FTSE on hopes that RBS results bring cheer February 24, 2010 BRITAIN’S top shares rose 0.5 per cent yesterday, led by banks and echoing gains on Wall Street as US Federal Reserve chairman Ben Bernanke assuaged fears of an earlier than expected interest rate rise. The FTSE 100 ended 27.83 points higher at 5,342.92 buoyed by the Fed chairman’s statement and after it had closed 0.7 [...]
Enterprise Inns sees sales lift January 21, 2010 PUB group Enterprise Inns reported improving sales after many of its struggling licensees saw a long-awaited upturn in business. The UK’s second largest pub company said average net income per pub declined by 4 per cent in the 16 weeks to 16 January – compared to 8 per cent in the last financial year. Shares [...]
Ray of hope for Unilever as profits hit August 6, 2009 CONSUMER goods giant Unilever yesterday provided a ray of hope that consumer confidence may be creeping back as it returned to growth in the second quarter of this year. The group behind brands ranging from Ben & Jerry’s ice cream to Hellman’s Mayonnaise and Dove soap said sales volumes fell in most regions around the [...]
Ray of hope for Unilever as profits hit August 6, 2009 CONSUMER goods giant Unilever yesterday provided a ray of hope that consumer confidence may be creeping back as it returned to growth in the second quarter of this year. The group behind brands ranging from Ben & Jerry’s ice cream to Hellman’s Mayonnaise and Dove soap said sales volumes fell in most regions around the [...]
Asking prices fall despite lack of stock August 16, 2009 AVERAGE asking prices slipped back in August despite a scarcity of fresh stock and record search activity, according to property website Rightmove. Rightmove figures showed a 2.2 per cent fall in new sellers’ asking prices as summer sellers price more realistically, putting the average property asking price at £222,762. The yearly decline remained at 3.1 [...]
Asking prices fall despite lack of stock August 16, 2009 AVERAGE asking prices slipped back in August despite a scarcity of fresh stock and record search activity, according to property website Rightmove. Rightmove figures showed a 2.2 per cent fall in new sellers’ asking prices as summer sellers price more realistically, putting the average property asking price at £222,762. The yearly decline remained at 3.1 [...]