latest – Page 161
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NewsM&S’ like for like food sales slip as general merchandise sales plunge
Retailer continues to struggle in its clothing and home division, which saw like for like sales plunge 8.9%
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NewsPureCircle grows profits but shares fall on future concerns
Stevia producer PureCircle is expecting profits to have jumped 60% in the past year as it strengthened margins and increased sales.
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NewsBooker sales squeezed by tobacco display ban and falling food prices
Booker revenues were hit by the tobacco display ban and continued food price deflation during the first quarter with like-for-like sales falling 2.9%.
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NewsWilko hails 'year of recovery' as sales grow for first time in three years
Wilko has halted three consecutive years of declining sales thanks to a “buoyant” Christmas and its growing portfolio of stores
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NewsNisa beats profit forecast in “transformational year”
Highlights included a 6% increase in fresh sales to £201m while Heritage own label sales were up 7.9%
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NewsWaitrose profits slump as John Lewis pension costs bite
Waitrose pre-tax profits slumped 17.4% last year as the supermarket slugged it out in a brutal price war with the big four and the discounters.
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NewsCrawshaw appoints McMeikan as like-for-like sales fall
Like-for-like sales at value meat retailer Crawshaw dipped as footfall on the street decline in recent months. It also appointed Brakes CEO Ken McMeikan as a non-executive director
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NewsOcado claims Amazon Fresh launch has had ‘absolutely no impact’ on its business
Ocado continued to perform very strongly in the 69 postcodes where Amazon Fresh now operates, CEO Tim Steiner said
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NewsInnocent sales boom in Continental Europe but UK sales drop
Innocent sales are booming in Continental Europe but UK sales dropped by 3% last year, newly filed accounts have revealed.
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NewsTesco like-for-like growth impresses investors
Two successive quarters of like-for-like growth at Tesco got investors on board as CEO Dave Lewis’ efforts to turn the supertanker around continued to show progress.
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NewsCharlie Bigham's sales growth accelerates
Posh ready meal supplier Charlie Bigham’s has accelerated its rapid growth with sales racing 28% higher to £37.8m.
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NewsThe City reacts to Brexit: Initial panic subsides
The FTSE 100 has fallen 3.2% today following the UK’s vote to leave the EU, wiping more than £50bn off the value of UK shares but recovering from catestrophic early falls.
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NewsHolland & Barrett sales and profits soar
The retailer has demanded a reduction in costs of at least 5% to help fund its ambitious expansion plans
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NewsCorona lager sales rocket as AB InBev backs promotions
The change in fortune for Corona follows AB InBev putting “unprecedented support” behind the brand
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NewsTesco first quarter like-for-like sales up 0.9% as it sells Harris + Hoole
Tesco has reported group like-for-like sales grew by 0.9% in the 13 weeks to 28 May, including its second quarter of like-for-like UK growth for the first time in more than five years.
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NewsCity snapshot: Costa Coffee grows first quarter sales by 11.4%
Costa Coffee grows its first quarter sales by 11.4%, FTSE 100 sees its biggest jump in three years and pound soars on diminished Brexit fears
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NewsTree of Life reports double-digit sales growth to £50m
Ocado and Amazon-listed health food brand Tree of Life has grown its annual sales by 10% to £50m in the year ending 31 March 2016.
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NewsMajestic shares rise on annual sales boost
Majestic Wine shares were up 3.4% today after its core retail business reported its first like for like sales growth for four years.
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NewsCity snapshot: Majestic Wine sales top £400m after retail sales rise
Majestic Wine’s retail business posted its first like-for-like sales increase in four years to grow annual revenues to over £400m. Plus share rebound in EU remain hopes and a look ahead to the week in the City.
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