All Finance articles – Page 556
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Marks & Spencer Christmas results: what the analysts say
M&S reported better-than-expected results over Christmas, with group sales up 5.9% in the 13 weeks to 31 December. But what did the analysts and retail watchers maker of it?
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City Snapshot: 'Super Thursday' brings solid festive updates from Tesco, M&S, Waitrose and more
Tesco has reported UK like-for-like growth of 1.4% in the 19 weeks to 7 January November as market share gains and volume growth boosted sales
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Media Bites 12 Jan: Sainsbury's/Argos, Lidl, Currencies
The papers this morning focus on the positive contribution of Argos to Sainsbury’s Christmas performance.
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Poundstretcher sales and profits decline as estate shrinks
The business, owned by the Tayub brothers’ Crown Crest Group, closed 30 shops in the year to 31 March 2016 as part of its expansion strategy to more modern, larger sites.
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Lidl UK reports 10% sales boost over Christmas period
Lidl said its Christmas, ad which featured one of its turkey farms, helped boost sales of the bird by 40%
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Spar UK reports strong sales but warns convenience is slowing
Spar said it aimed to draw in more customers by building on the success of fresh food sales
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Best-one symbol group sales up almost 20%
New Bestway DC sees sales soar “as members get behind our fresh and chilled offer”…
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Media Bites 11 January: Morrisons, Premier Foods, Kantar, Majestic Wine, Spar
A Christmas cracker of a performance from Morrisons dominates the papers this morning, with room to report on price hikes at Premier Food, the return of inflation, a record Christmas at Majestic Wine and an upturn in sales at Spar.
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City snapshot: 'Good' Christmas for Sainsbury's as sales creep higher
Sainsbury’s hailed a “good” Christmas performance as sales in the 15 weeks to 7 January rose 0.8%, with like-for-like sales nudging up 0.1%
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PureCircle shares sweeten 10% as shipments released by US Customs
The stevia producer said in a short statement to the London Stock Exchange that the consignments had been released after an extensive review of detailed documentation provided by PureCircle.
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Cotswold Raw dog food start-up seeks £250k from crowd
Premium dog food start up Cotswold Raw is chasing £250,000 from the crowd to expand its range, increase production and develop a cat recipe to double its customer base.
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Mars expands veterinary presence in $9.1bn VCA acquisition
Food giant Mars has swooped to expand its pet care business with the $9.1bn acquisition of VCA.
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Co-op reports Christmas like-for-likes up 3.5%
The Co-op attributes success to investment in stores, focus on convenience and its heavyweight advertising campaign
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Christmas sales uplift taken to the wire by shoppers
BRC/KPMG figures reveal week leading up to 25 December was “bumper period exceeding expectations”
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Ice Kitchen wins £150,000 investment for adult lollies
Outlay was from the Jamin chain of candy stores in the Netherlands
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Majestic Wine celebrates best ever Christmas
Majestic Wine has reported a bumper Christmas for its retail stores, with like-for-like sales jumping 7.5% – its best ever festive performance.
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Suppliers under more pressure despite recovery at supermarkets
The recovery of the supermarkets has piled increasing pressure on the supply chain, with almost 6,000 food suppliers experiencing increased levels of financial distress, according to recovery firm Begbies Traynor.
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Media Bites 10 January: Aldi, Tesco, Mars, McDonald's
A Christmas update from Aldi was under the spotlight in this morning’s papers, along with Tesco’s restructuring plans, a Mars veterinary deal and McDonald’s exiting China.
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City snapshot: Morrisons sales grow at fastest pace for seven years
Morrisons has upgraded full-year profit expectations after recording its strongest performance for seven years
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Tesco to axe two distribution centres
The closure of Welham Green and Chesterfield will result in a more efficient network claims retailer