latest – Page 191
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News
Strong retail growth at Thorntons pulled back by commercial sales weakness
Thorntons has reported like-for-like retail sales growth of 7.8% in the run-up to Christmas, but total second quarter revenues fell due to poor UK commercial sales.
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NewsGreggs targets retail parks as it gets back on expansion trail
Greggs plans to reverse its recent programme of store reductions by expanding its estate away from the high street in 2015…
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NewsMorrisons shares rise as Dalton Philips is axed
Deposed Morrisons CEO Dalton Philips will probably conclude Tuesday was not one of his best days.
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NewsBooming Latin American sales help Carrefour post 3.9% annual revenue increase
French retail giant Carrefour has posted full-year organic sales growth of 3.9%, boosted by strong growth it Latin America.
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NewsSainsbury’s chooses EY as auditor as it drops PwC
Sainsbury’s’ board intends to drop PwC as its auditor in favour of Big Four rival EY for the upcoming financial year.
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NewsStrong Christmas at Primark fails to sweeten profits at Associated British Foods as sugar woes continue
Further problems at Associated British Foods’ sugar business are set to hit profits in 2015.
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NewsC&C Group's shares plunge after weak third quarter trading
C&C Group’s shares fell more than 10% in early trading after it cut profits expectations and warned that third quarter trading was below expectations.
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NewsSainsbury’s enjoys best Christmas of the big four according to Kantar Worldpanel
Each of the big four experienced a sales decline in the run-up to the Christmas period according to the latest market share figures from Kantar Worldpanel, but Sainsbury’s posted the smallest year-on-year decline of the major supermarkets.
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NewsGreggs on a roll as sales soar over Christmas
Shares in Greggs have rocketed again this morning as the bakery chain reported a “very strong” finish to 2014 and said its full-year results would beat previous expectations.
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NewsMorrisons was Christmas' worst performing major grocer, 409 jobs at risk
Closures are all small supermarket format, company will look to accomodate employees in other areas
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NewsMorrisons CEO to step down as supermarket announces closures
Dalton Philips ”sad to be leaving”, says change was only finalised yesterday evening
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NewsSouthern Co-operative records LFL sales drop
Company does claim 7.8% increase in sales over 2014, total sales up too
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NewsBart Ingredients looks to larger contracts as profits fall
Pre-tax profits have dipped at Bart Ingredients by more than £170,000 to £377,000 as the herbs and spices supplier…
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NewsConcessions retailer SSP Group suffers from the strong pound
The group, which operates 2,000 concessions, saw a fall in revenue
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News1,800 jobs at risk as Coca-Cola cuts continue
Coca-Cola is set to swing the axe this year as it continues to try and cut its way to growth with up to 1,800 of its workers…
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NewsNichols reports second half sales boost on international growth
Global branded soft drinks group Nichols has reported UK sales ahead of the market and international sales that delivered double digit growth in the second half of its financial year.
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NewsFood growth not enough to save Christmas for M&S
Marks & Spencer shares fell by 3.5% in early trading today despite a 2.8% rise in third quarter food sales after it revealed a slump in general merchandise revenues.
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NewsMajestic Wine squeezes margins to achieve Christmas sales growth
Majestic Wine has boosted like-for-like UK sales growth by more than 1% over Christmas by squeezing its margins in a bid to offer competitive prices to its customers.