Sainsbury’s sees record festive sales January 12, 2011 J SAINSBURY reported its best ever Christmas sales as customers splashed out on more expensive ranges over the festive period. The supermarket group, which this month overtook Asda as the second largest supermarket in the four week run-up to Christmas, said in a trading statement yesterday that like-for like sales for the 14 weeks to [...]
Rentokil full-year profit higher than expected February 18, 2011 Pest control and cleaning firm Rentokil posted a 15 per cent rise in full-year pretax profit and said it will focus on improving its struggling City Link business in 2011. The company, which provides textiles and washrooms services, parcel deliveries and tropical plants, said on Friday adjusted pretax profit had risen to £192.3m after strong [...]
Rentokil full-year profit higher than expected February 18, 2011 Pest control and cleaning firm Rentokil posted a 15 per cent rise in full-year pretax profit and said it will focus on improving its struggling City Link business in 2011. The company, which provides textiles and washrooms services, parcel deliveries and tropical plants, said on Friday adjusted pretax profit had risen to £192.3m after strong [...]
Bloomsbury predicts year of the e-book February 28, 2011 PUBLISHER Bloomsbury yesterday heralded the year of the e-book as it unveiled an 18 per cent increase in electronic sales. The firm reported overall revenues of £90.7m, up four per cent year-on-year, while profits excluding one-off items rose to £8.4m from £7.7m. E-book sales now account for 10 per cent of Bloomsbury sales. Nigel Newton [...]
Online sales boost for House of Fraser January 9, 2011 UK department store House of Fraser saw same store sales jump 8.5 per cent in the five weeks to 8 January, reinforcing the success of multi-brand retailers over the Christmas period. It follows similar results last week from the John Lewis Partnership, which saw sales up 8.9 per cent compared to last year. But House [...]
Need to boost office morale? Just set up a bar in the boardroom March 2, 2011 IT’S 6 o’clock and it’s been a long day at work. You’re not quite finished yet – but lord could you do with a drink. Suddenly, your wildest dream becomes reality.? We’re talking about an actual, zippy bar setting up shop in the conference room or kitchen, with a couple of cute and enthusiastic barmen [...]
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 [...]
John Lewis warns over tough trading as sales fall February 4, 2011 John Lewis reported a second consecutive fall in weekly sales at its department stores and warned of tougher trading ahead as shoppers face higher prices, taxes and public spending cuts. However, the employee-owned group, which has long outperformed the broader retail sector, said on Friday it was still budgeting for growth for the year to [...]
John Lewis warns over tough trading as sales fall February 4, 2011 John Lewis reported a second consecutive fall in weekly sales at its department stores and warned of tougher trading ahead as shoppers face higher prices, taxes and public spending cuts. However, the employee-owned group, which has long outperformed the broader retail sector, said on Friday it was still budgeting for growth for the year to [...]
Odds for a White Xmas slashed December 14, 2010 Bookmakers have shortened the odds on a white Christmas, as weather forecasters warn of an icy blast on its way later this week. With less than a fortnight to go until Christmas, temperatures are set to drop as winds from the north bring a band of rain and high winds tomorrow. The Met Office expects [...]