Debenhams markets share “on the rise” January 10, 2011 Debenhams has claimed it is winning market share from rivals as it posted a small rise in sales over the key Christmas trading period that was hit by December’s snow. Chief Executive Rob Templeman said he was pleased with the department store group’s Christmas performance given the adverse weather that gripped the nation last month [...]
Debenhams markets share “on the rise” January 10, 2011 Debenhams has claimed it is winning market share from rivals as it posted a small rise in sales over the key Christmas trading period that was hit by December’s snow. Chief Executive Rob Templeman said he was pleased with the department store group’s Christmas performance given the adverse weather that gripped the nation last month [...]
Will the weather affect your holiday plans? December 22, 2010 MARTIN ZETTER | LLOYDS “No, I don’t think it will. I’ll be fine this Christmas. I’m staying at home so the weather doesn’t affect my plans.” ALAN DIXON | INTER HANNOVER “I’ll be absolutely fine, I am at home this Christmas. It’s getting to work that is hard!” JACK MANDUIT | DELOITTE “Hopefully the weather [...]
Uniq figures up despite snow January 12, 2011 Convenience food maker Uniq has announced that its Christmas trading was close to expectations despite bad weather. It also said that talks were continuing over a restructuring of its pension scheme and a new banking facility. The company is in discussions with the pensions regulator and its main trustee over its proposed deficit-for-equity swap. Uniq [...]
Inflation rises to two-year high February 15, 2011 Consumer price inflation surged to double the Bank of England’s target in January, official data showed, raising pressure on the central bank to look seriously at increasing interest rates. The Office for National Statistics said that the rate of consumer price inflation rose to four per cent in January, in line with economists’ forecasts, from [...]
Novus toasts Xmas party lift as revellers splash out January 17, 2011 CHRISTMAS revellers helped the owner of the Tiger Tiger bar chain to a boom in sales. Novus Leisure, the privately owned bar and restaurant operator – it also has Babble, Jewel and the Zoo Bar in Leicester Square – enjoyed an almost eight per cent surge in revenues in December and late November. Chief executive [...]
Novus toasts Xmas party lift as revellers splash out January 17, 2011 CHRISTMAS revellers helped the owner of the Tiger Tiger bar chain to a boom in sales. Novus Leisure, the privately owned bar and restaurant operator – it also has Babble, Jewel and the Zoo Bar in Leicester Square – enjoyed an almost eight per cent surge in revenues in December and late November. Chief executive [...]
Snow losers for traders looking for volatility January 16, 2011 THE Christmas trading results branded companies as either winners or “snow losers” last week. Tesco shocked the market by offering figures that analysts felt paled in comparison to Sainsbury’s. Thanks to 12,000 tonnes of grit, the supermarket deserved to take the title of winner of the festive race. Toy, clothing and leisure retailers also offered [...]
Carphone says it will reach top of expectations January 18, 2011 Carphone Warehouse yesterday reported brisk trading, driven by a strong performance in its US joint venture with Best Buy. Europe’s biggest mobile phone retailer said it expects full-year earnings to be at the top end of forecasts. The group, which owns 50 per cent of the venture with Best Buy as well as a 47.5 [...]
Apple soars over forecasts to $6bn quarterly profit January 19, 2011 Apple delivered a record quarterly $6bn (£3.8bn) net profit for the three months to Christmas after trading in the US closed last night. The maker of iPhones, iPads and mac computers generated its highest-ever revenues of $26.74bn and earnings per share of $6.43, nearly double the $3.67 generated in the same quarter a year earlier. [...]