Tesco in Asia lift as UK also bounces back December 7, 2010 TESCO yesterday reported an 8.8 per sales cent rise in the third quarter helped by a strong performance from international stores. The supermarket chain said it was performing in line with expectations while its market share was being boosted by the opening of more store space. Total international sales jumped by 15.7 per cent while [...]
Chains boosted by festive spending on crisps and drink December 7, 2010 SALES of groceries at the major supermarket chains jumped in the final weeks of November, in a boost for the retail sector. J Sainsbury was the strongest performer with 6.8 per cent growth. There was 4.8 per cent growth on average across the board, according to the figures from retail analysts Nielsen. Chains outside the [...]
Narnia’s heroes take to the waves December 9, 2010 Film THE VOYAGE OF THE DAWN TREADER Cert: PG In the third of the Chronicles of Narnia series CS Lewis divested himself of half the Pevensie siblings, concentrating instead on the younger two, Edmund and Lucy. That’s good news for the film adaptation, since Skandar Key9nes (Edmund) and Georgie Henley (Lucy) are the better actors [...]
Narnia’s heroes take to the waves December 9, 2010 Film THE VOYAGE OF THE DAWN TREADER Cert: PG In the third of the Chronicles of Narnia series CS Lewis divested himself of half the Pevensie siblings, concentrating instead on the younger two, Edmund and Lucy. That’s good news for the film adaptation, since Skandar Key9nes (Edmund) and Georgie Henley (Lucy) are the better actors [...]
Ralph Lauren ups sales forecasts November 10, 2010 RALPH Lauren reported a higher-than-expected quarterly profit yesterday and again raised its full-year sales outlook. The fashion company, whose brands include Polo, saw net revenue rise 11 per cent to $1.53bn (£0.9bn). It has benefited from a recovering demand for luxury items, as well as strong sales overseas. The most recent quarter is usually Polo’s [...]
CITY VIEWS: WILL THE ONE NEW CHANGE SHOPPING CENTRE ATTRACT SHOPPERS TO THE CITY? October 26, 2010 HARRIETTE DERBYSHIRE | HAMPTONS INTERNATIONAL “I think it will be good for workers in the City – it’s quite close by and it gives us something to do in our lunch breaks. It also means we can shop during the week, so the weekends are free for other things. I’m not sure people will come [...]
Face it, trader: Santa does not exist November 7, 2010 THERE is consensus among sane-minded adults that Santa Claus does not exist. We have – just about – come to terms with the fact that there is no jolly red-suited fellow that wriggles down the chimney and fills our stockings each year. Yet strangely there are still traders who believe in his stock market rally. [...]
Tesco trading update sends investors running for cover January 13, 2011 BRITAIN’S leading share index fell yesterday as a disappointing trading update from Tesco upset food retailers and tobacco stocks were hit by a broker’s downgrade. At the close, the FTSE 100 was down 26.84 points, or 0.4 per cent, at 6,023.88, after hitting a 31-month closing peak on Wednesday. Tesco was the biggest FTSE 100 [...]
Retail sales failed to pick up in October November 8, 2010 RETAIL sales failed to revive in October as weak consumer confidence in the lead up to the comprehensive spending review undermined growth the British Retail Consortium (BRC) will say today. The latest figures show total retail sales grew by 2.4 per cent year-on-year in October but this compared to growth of 5.9 per cent for [...]
Traffic free day earns London shops £250m November 28, 2010 OVER £250m was spent in West End shops this weekend, as consumers took advantage of the sixth annual traffic-free “VIP Day” in Oxford Street and Regent Street. And retailers are delighted with a reported boom in sales of “big ticket” items, after recent data pointed to a slump in people’s willingness to splash out on [...]